City BusinessNews, Author at City Business News

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 gas exhibition, Smartflow...

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...

November 7, 2019 No Responses

Oyo Targets N4b Monthly IGR

Oyo state government has set modalities in place to attain N4billion monthly internally-generated revenue by Decmber 2020. A statement issued on Wednesday by the State Ministry of Information, Culture and Tourism, quoted Mr John Adeleke, the Chairman, Oy...

November 7, 2019 No Responses

Nigerian Army Begins Operation Crocodile Smile In Edo

The Nigerian Army 4 Brigade, Benin City, Edo State will commence a field Training Exercise, nicknamed “Exercise CROCODILE SMILE IV“ from November 8 to December 24, 2019. The Brigade’s Public Relations Officer, Maj. Ojo Adenegan on Wednesday in a st...

November 6, 2019 No Responses

FIRS Targets 80% Non-Oil Sector Revenue

The Federal Inland Revenue Service (FIRS) has predicted that non-oil sector will contribute 80 per cent of Nigeria’s revenue in the next three years. FIRS Head of Communications and Servicom Department, Mr Wahab Gbadamosi, made this known i...

November 6, 2019 No Responses

Audi To Increase Engine Production

Audi will increase the production of engines at its Hungarian factory to 2.25 million units next year, Hungarian Foreign Minister Peter Szijjarto has said. According to agency report, an Audi representative at the premium carmaker’s Ingolstadt head...

November 6, 2019 No Responses

Oyo Re-awards Moniya-Iseyin road for N9.9bn

The Oyo State government has approved N9.9 billion for the reconstruction of Moniya-Iseyin road. The State Commissioner for Works and Transport, Prof. Rapheal Afonja, disclosed this to newsmen on Tuesday in Ibadan shortly after the state Executive Council meet...

November 6, 2019 No Responses

Shipping Firm Loses Charter Deal

Greek shipowner Diana Shipping revealed that a time charter contract for one of its Post-Panamax bulkers has been canceled. Diana recently entered into the time charter deal for its ship Polymnia with Dubai-based Al Ghurair Resources International. “Chartere...