City BusinessNews, Author at City Business News

October 15, 2019 No Responses

Nigeria Presents `Certificate Of Discharge’ To Transcorp

Vice President Yemi Osinbajo on Monday at the Presidential Villa, Abuja, presented Certificate of Discharge to Transnational Corporation of Nigeria (Transcorp). A certificate of discharge is a written statement of satisfaction that a party has discharged its obligations credibly. The...

October 15, 2019 No Responses

Court Freezes 45 Bank Accounts

A Federal High Court on Monday in Abuja ordered the temporary freezing of 45 bank accounts belonging to three companies allegedly involved in smuggling of rice into Nigeria. The companies whose accounts were domiciled with ten commercial banks in Nigeria...

October 15, 2019 No Responses

Photo News

L-R, Director General, ICRC Engr Chidi Izuwah, Acting Director General, Securities and Exchange Commission Ms Mary Uduk and Permanent Secretary, Special Duties Ministry of Finance Dr Muhammed Dikwa during a Publi...

October 15, 2019 No Responses

Yamaha Joins Automotive Sharing Centre

Yamaha Motor Group has joined the Automotive Information Sharing and Analysis Center (Auto-ISAC) along with three other companies TuSimple, ArmorText and Celerium. The inclusion of these four companies in the Auto-ISAC will increase the strength of the platfor...

October 14, 2019 No Responses

ExxonMobil, Firm Seal $406m LNG Deal

October 14, 2019 No Responses

SEC Nigeria Restates Commitment To Sustainable Financing

The Securities and Exchange Commission (SEC) remains a strong advocate for the promotion of infrastructural development through sustainable financing, Acting Director General,, Ms. Mary Uduk has said Speaking at the formal launch of the Financial Center ...

October 14, 2019 No Responses

Sanwo-Olu Appoints New GM For LASTMA

Governor Babajide Sanwo-Olu of Lagos State has appointed Olajide Oduyoye as the new General Manager of the Lagos State Traffic Management Authority. The LASTMA Public Relations Officer, Olumide Filade, made this known in a statement made available to newsmen i...

October 14, 2019 No Responses

Audi Delivers 145,400 Units In September

German luxury carmaker Audi AG’s global delivery in September was 145,400 units, up 4.5 per cent compared to the same month last year, when it registered 139,150 units. Cumulatively, Audi AG has delivered 1,357,100 units during January-September 2019 per...

October 14, 2019 No Responses

Photo News

L-R: Director, Ministry of Finance and Economic Affairs The Gambia Mr Mustapha Somaiba, Acting Executive Commissioner Corporate Services, Securities and Exchange Commission Mr Henry Rolands, Deputy Permanent Secretary, Ministry of Finance and Econo...

October 13, 2019 No Responses

Jude Idada Wins $100,000 NLNG Literature Prize

The Advisory Board for The Nigeria Prize for Literature, sponsored by Nigeria LNG Limited, on Saturday announced Boom Boom, authored by Jude Idada as the winner of the $100,000 prize for the 2019 cycle on Children’s Literature. The book edged...

October 13, 2019 No Responses

Kaduna Proposes N245.4b Budget For 2020

The Kaduna State Government, on Saturday, at a town hall meeting, said it had prepared a budget of N245.4 billion for the 2020 fiscal year. News Agency of Nigeria (NAN) reports that the town hall meeting was held at Gen....

October 13, 2019 No Responses

BMW Delivers 1,866,198 Units In Nine Months

BMW recorded 4.6 per cent growth in delivery in September 2019 with 248,684 units, which includes BMW, Mini and Rolls Royce vehicles. Cumulatively, the auto group has delivered 1,866,198 units between January-September this year, up 1.7 per cent compared to...

October 13, 2019 No Responses

Firm Secures $376.8m Order For LNG Carrier

South Korean shipbuilder Daewoo Shipbuilding and Marine Engineering has received a contract for the construction of two LNG carriers for unidentified American customers. According to the company, the deal is worth KRW 446.5 billion (USD 376.8 million). Schedul...

October 12, 2019 No Responses

NNPC, NLNG Sign $2.5b Gas Supply Contract

The Nigerian National Petroleum Corporation (NNPC) on Friday signed a $2.5 billion pre-payment agreement with the Nigeria Liquefied Natural Gas (NLNG) for upstream gas development projects to supply gas to Trains 1 to 6 of the plant. Speaking at the...