City BusinessNews, Author at City Business News

November 9, 2019 No Responses

IWEC Appoints Awosika President

The International Women’s Entrepreneurial Challenge Foundation (IWEC) has announced the appointment of Chairman of First Bank of Nigeria Limited, Ibukun Awosika as the new President of Board of Directors. A statement issued on Friday by First Bank explained that...

November 9, 2019 No Responses

Reps To Fashola: Declare State Of Emergency On Federal Roads

A member representing Idanre/Ifedore Federal Constituency, Mr Tajudeen Adefisoye has urged the Minister of Works, Mr Babatunde Fashola to declare a state of emergency on all federal roads in the country. Adefisoye, in a statement issued on Friday in Akure...

November 9, 2019 No Responses

Kia Inaugurates Public Healthcare Centre In Ghana

Kia Motors Corporation has inaugurated a new public healthcare center in Ghana, the latest step in the company’s ‘Green Light Project’ global corporate social responsibility program that seeks to improve public health, education and skills in developing ...

November 8, 2019 No Responses

Nestle Nigeria Records N203.1b Revenue, N33.1b Profit In Q3

For the third quarter ended September 2019, Nestlé Nigeria Plc recorded a revenue of N211.3 billion, up by 4.0 percent when compared to N203,134,728 billion in 2018. Profit for the period also increased to N36,841,330 billion compared to N33,118,287billion at...

November 8, 2019 No Responses

NPA Boss Reiterates Commitment To Effective Service Delivery At Seaports

The Managing Director, Nigerian Ports Authority (NPA), Hadiza Bala-Usman, has reiterated the agency’s commitment to ensure effective service delivery at all Nigerian seaports. A statement issued by General Manager, Corporate and Strategic Communication...

November 8, 2019 No Responses

Oyedepo Cautions Against Examination Malpractices As Covenant University Matriculates 1,860 Students

The Chancellor of Covenant University, Ota , Ogun State, Dr David Oyedepo on Friday reiterated that the institution has zero tolerance for all forms of examination malpractices. Speaking at the 18th Matriculation of the institution, Oyedepo urged the students ...

November 8, 2019 No Responses

Smartflow Technologies Marks 10th Anniversary, To Sustain Quality, Accurate Solutions

Smartflow Technologies, the foremost provider of automation services to Nigeria’s downstream oil and gas sector, has marked its tenth year anniversary. At the annual Oil Trading and Logistics (OTL) Africa Downstream Week, the continent’s leading oil and ga...

November 8, 2019 No Responses

Toyota Declares $6.09b Profit, 2.75m Sales In Q2

Toyota Motor Corporation posted a 14% rise in second-quarter profit on Thursday, boosted by a rise in global vehicle sales. Japan’s biggest automaker posted an operating profit of 662.3 billion yen ($6.09 billion) in the July-September quarter, up from 5...

November 8, 2019 No Responses

Photo News

R-L: Acting DG, SEC, Ms Mary Uduk, Vice Chairman, FMDQ, Mr. Jubril Aku, Managing Director, Equity Research Desk, Argentina, Mr Bernardo Mariano and the Managing Director, FMDQ, Mr Bola Onadele Koko at the 2019 Nigerian Capital Markets Conference in Lagos...

November 8, 2019 No Responses

Border closure: Group Cautions Against Selective Approach

The President of the Concerned Youth Empowerment Association, Mr Noble Adaelu has cautioned against selective approach in the effort to rid Nigeria’s borders of unscrupulous activities such as smuggling. Adaelu was reacting to reports that Ghana brought in d...

November 8, 2019 No Responses

Olujimi: Uncommon Grace Gave Senatorial Seat Back To Me

Former Senate Minority Leader, Mrs Abiodun Olujimi of PDP, on Thursday, said her victory in the Appeal Court over Senate Spokesperson, Prince Dayo Adeyeye of APC was a product of God’s grace. In a statement issued in Ado Ekiti, Olujimi,...

November 7, 2019 No Responses

Asaba Airport To Generate N100m Annually

Delta State is to generate N100million annually from the concession of Asaba Airport. The State Governor, Ifeanyi Okowa stated this while presenting the 2020 appropriation bill of N389 billion to the state House of Assembly on Wednesday, in Asaba. He...

November 7, 2019 No Responses

Kano Traders Faults Compulsory Use Of Solar Energy

Traders in Sabon-Gari Market, Kano have rejected the compulsory use of a commercial solar energy power supply over what they called high charges by the providers. The traders expressed their views on Wednesday when they received members of Kano State...

November 7, 2019 No Responses

LCCI Lauds Fidelity Bank For Supporting MSMEs

The Lagos Chamber of Commerce and Industry (LCCI) has commended Fidelity Bank Plc for its support to the growth of Micro, Small and Medium Enterprises (MSMEs) in the country. Its President, Mr Babatunde Ruwase, made the commendation on Wednesday at...