Author: City BusinessNews

L-R: Mr Babajide Sanwo-Olu, Governor, Lagos State, Ms. Mary Uduk, Ag Director General, Securities and Exchange Commission, SEC, Mr Bola Onadele Koko, Managing Director, FMDQ Group, and Mr Emmanuel Ukeje, Rep of CBN Governor at the FMDQ 2019 Gold Awards...

Daimler will cut 1,100 leadership positions worldwide, or about 10% of its management, German daily Sueddeutsche Zeitung has said, citing a newsletter circulated by the company’s works council. According to Agency Report, a spokesman for Daimler’s ...

The Rail Wagon Assembly Plant construction in Nigeria will generate about 5,000 direct and indirect jobs when completed, Vice President Yemi Osinbajo declared on Saturday Speaking on Saturday while performing the Official Ground Breaking Ceremony for the const...

President Muhammadu Buhari has condoled with the family of the late Dr Ore Falomo over the demise of the renowned medical practitioner. The president’s condolence message was contained in a statement issued by his spokesman, Mr Femi Adesina, in Abuja,...

Bridgestone Tyre is to merge its India business with Europe, Middle-East and Africa (EMEA) block with effect from 2020.  According to the company, the move is aimed at unlocking untapped potential in both India and EMEA.  The integration of India...

Lagos State House of Assembly Speaker, Mudashiru Obasa has urged Governor  Babajide Sanwo-Olu to give priority to rail infrastructure as part of measure to develop the state. Obasa gave the advice at the budget presentation entitled “The Budget of Awake...

The Zimbabwe Government on Friday suspended the importation of live cloven hoofed animals and related products from South Africa with immediate effect following an outbreak of Foot and Mouth Disease (FMD). This is according to a statement issued on Friday...

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 exp...

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...

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 ...

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...

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...

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 ...