City BusinessNews, Author at City Business News

November 5, 2019 No Responses

Total Nigeria Staff, Gtbank, Access, Zenith, Others Seal $170m Eko Atlantic Project Partnership

By Moses Ebosele, ebosele@hotmail.com — Total E&P Nigeria Staff Multipurpose Co-operative Society Limited has secured 20,000Sq.m of land at the prestigious Eko Atlantic City. Located in the Victoria Island axis of Lagos State, Eko Atlantic City is being constructed on...

November 5, 2019 No Responses

How Co-operatives Aid Development in African Economies

–Total E&P Co-op as case study — The rapid advancement of mechanization from the mid-1700s to the early 1800s which is now considered as the Industrial Revolution, resulted in job losses for many skilled workers across Europe. The knock-on effe...

November 5, 2019 No Responses

Kia Joins Top Five Carmakers

South Korean carmaker, Kia Motors, which started its operations in India in August, has joined the list of top five carmakers in the country in terms of market share, leaving behind established players such as Toyota Kirloskar Motors and Honda...

November 5, 2019 No Responses

CBN Implores African Countries On Human Capital Development

As part of measures to compete globally, the Central Bank of Nigeria (CBN) on Monday urged African countries to invest in human capital development. The CBN Governor, Mr Godwin Emefiele, gave the advice at the ongoing African Economic Congress (AEC)...

November 5, 2019 No Responses

UBA Unveils Self-Printing Debit Card Machine At Lagos Trade Fair

As part of activities lined up for the ongoing Lagos International Trade Fair, United Bank for Africa (UBA) has unveiled self-printing debit machine. Speaking at the event, the Chief Executive Officer, UBA Africa, Victor Osadolor explained that technolo...

November 5, 2019 No Responses

Kaduna Sets Aside N3b To Construct Houses For Low Income Earners

Kaduna State Government has earmarked N3 billion for the construction of houses for low income earners in 2020. The Commissioner for Housing and Urban Development, Fausat Ibikunle made the disclosure while defending the ministry’s budget before t...

November 5, 2019 No Responses

PDP Tasks INEC On Credible Elections In Kogi, Bayelsa

The Peoples Democratic Party (PDP) has advised the Independent National Electoral Commission (INEC) to use Kogi and Bayelsa elections to demonstrate its commitment to free, fair and credible elections. PDP National Publicity Secretary, Mr Kola Ologbondiyan mad...

November 4, 2019 No Responses

Peugeot, Fiat Chrysler To Sign $50b Merger Deal In December

Fiat Chrysler and Peugeot owner PSA aim to sign a final merger agreement as early as the beginning of December. The two automakers explained last week that they planned to join forces in a 50-50 share merger to create the...

November 4, 2019 No Responses

Border Closure: Customs Dismisses January 2020 Terminal Date

All Nigerian land borders will remain partially closed. No date has been set for reopening, the Nigerian Customs Service (NCS) clarified on Sunday. Reacting to reports in the media insinuating January 2020 terminal date, spokesman of the NCS, Mr. Joseph....

November 4, 2019 No Responses

Zamfara Electricity Consumers Owe N50billion

The Kaduna Electricity Distribution Company (KAEDCO) says it is being owed over N50 billion by consumers in Zamfara. The Commercial Manager of Gusau Area Office of the company, Alhaji Ahmad Mustafa, made the disclosure at a town hall meeting on...

November 4, 2019 No Responses

ENL Explains N4b Expenditure, Set 2022 completion time for Ibadan Road Project

ENL Consortium Limited, the company handling the construction of the East Wing section of Ibadan Circular Road project, has expressed its commitment to the completion of the road in 2022. Meanwhile, the company said it has committed about N4 billion...

November 4, 2019 No Responses

FRSC Probes Origin Of Number Plate

The Corps Marshal, Federal Road Safety Commission (FRSC), Dr Boboye Oyeyemi, has ordered investigation into a particular plate number in Kano. The number plate has the inscription of “Chip Whip” purportedly for a member of the Kano state House of...

November 3, 2019 No Responses

Border Closure: Nigeria Reassures Farmers Of Support

The Minister of State for Agriculture and Rural Development, Mustapha Shehuri, on Saturday reassured farmers on accessibility of better farming equipment and government support. Shehuri gave the assurance when he visited the Livestock House of the Federa...

November 3, 2019 No Responses

Obaseki Condemns Attack At Oshiomhole’s House

The Edo State Governor, Mr. Godwin Obaseki has condemned the attack on him, the Oba of Lagos, Oba Rilwan Akiolu, Chancellor of the Edo University, Iyahmo, Dr. Aderemi Makanjuola and other guests at the residence of former Governor of the...