City BusinessNews, Author at City Business News

November 16, 2019 No Responses

‘Border Closure, A Bold Step’

An All Progressives’ Congress (APC) Chieftain in Oyo State, Alhaji Kehinde Olaosebikan, has described the recent border closure as a bold step by Muhammadu Buhari’s government to revive the nation’s economy. The APC chieftain told the News Agency of Nigeria...

November 16, 2019 No Responses

Group Lauds INEC’s Readiness For Saturday’s Poll

Women Arise for Change, an electoral observer group, has commended the Independent National Electoral Commission’s (INEC) level of preparedness for the November 16 governorship election in Bayelsa. Meanwhile, INEC has distributed sensitive and nonsensi...

November 16, 2019 No Responses

NIMASA Donates Desktop Computers, Laptop, Textbooks, Others To Schools

Photo Caption: R-L: Mr. Isichei Osamgbi, Deputy Director/Head PR NIMASA, Mr. Abdul Madaka Aliyu, Principal, Ahmadu Bahago Secondary School, Minna Niger State; Mr. Hadisu Musa, Principal, Government Community Day Secondary School, Akko, Gombe State; Mr. G...

November 16, 2019 No Responses

First Bank Photo News

L-R: Ismail Omamegbe, Head, CR&S and Media & External Relations, FirstBank; Adeola Asabia, Member, Board of Trustees, Samuel Asabia Chair, Business Ethics, University of Lagos, FirstBank Endowment Programme; Banji Fehintola (CFA), President, CFA Societ...

November 16, 2019 No Responses

South African Airways Reintroduces Some Flights

South African Airways (SAA) on Friday announced that it would reintroduce international flights on Sunday, but would extend its cancellation of regional and domestic flights after a labour strike brought operations to a standstill. The airline said it wa...

November 16, 2019 No Responses

Ford Recalls 165,000 Pickup Trucks

Ford Motor Company has initiated a recall program for more than 165,000 units of F-150 pickup trucks in North America. According to the company, the safety recall for the select 2019-20 Ford F-150 vehicles will address improperly secured positive battery...

November 16, 2019 No Responses

SIFAX Group Photo News

L-R: Kelly Imade, Senior Manager, Administration; Abiodun Elemide, Group Compliance Coordinator; Barr. Ezekiel Ajewole, Executive Director and Senior Special Assistant to Barr. (Dr.) Taiwo Afolabi, Group Executive Vice Chairman; Olushola Adebote, Assistant Gen...

November 16, 2019 No Responses

Kano Budgets N30b For Health Sector In 2020

The Kano State Government allocated over N30 billion to the health sector in its 2020 budget proposal presented recently to the State House of Assembly for approval. In a chat with Journalists after he appeared before the Assembly to defend...

November 16, 2019 No Responses

Volkswagen Budgets $66b For Future Car Models

Volkswagen is to plough 60 billion euros ($66 billion) by 2024 into its switch to electric, hybrid and connected vehicles, as automakers around the world rev up electrification plans. The company explained on Friday that the sum is an increase...

November 15, 2019 No Responses

Firm Stakes $380m on Six Containerships

Hong Kong-based Seaspan Corporation has signed an agreement to buy a fleet of six containerships for USD 380 million in cash. The company explained that that the transaction is expected to be financed from additional borrowings as well as cash...

November 15, 2019 No Responses

IOC President Tasks Nigeria On Grassroots Development, Infrastructure

President of the International Olympic Committee (IOC), Dr Thomas Bach, has urged the Federal Government (FG) of Nigeria to strengthen grassroots sports development and infrastructure in order to produce more Olympic champions. Bach gave the advice on Thursday...

November 15, 2019 No Responses

Nissan Records 70% Drop In Profit

Nissan Motor Company has reported 70% drop in profit. The company has also cut its full-year outlook to an 11-year low, as the Japanese automaker continued to grapple with falling sales and the aftermath of the ouster of former Chairman...

November 15, 2019 No Responses

Fidelity Bank Photo News

L-R: – Iyaloja of Bodija Market, Alhaja Sikiratu Adebayo; Divisional Head, Retail Group, Fidelity Bank Plc, Richard Madiebo; Regional Bank Head, Southwest 1, Fidelity Bank Plc, Adebayo Adeyinka; Babaloja of Bodija Market, Alhaji S.A. Jimoh; Executive Dir...

November 14, 2019 No Responses

Yamaha Recalls 13,348 Motorcycles

Japanese two-wheeler manufacturer, Yamaha on Wednesday declared increase of 0.5 per cent in its consolidated net sales, amounting to 1.2billion Yen. Yamaha is also recalling 13,348 units of FZ 25 and Fazer 25 in order to fix a faulty...