Author: City BusinessNews

The World Federation of Exchanges (WFE) has issued a call for papers, ahead of its Clearing & Derivatives Conference in Malta, 26-27 March 2020.  According to WFE, the conference will bring together academics, policy-makers, WFE member CCPs and deriva...

Renault’s group revenue fell in the third quarter, weighed down by a drop in production at partners Nissan and Daimler as declining demand for diesel engines added to the effects of a slowing global market. The company, which owns 43.4%...

The Oyo State Government has solicited the cooperation of  land owners whose properties have been earmarked for the new Ibadan Inland Dry Port to ensure realisation of the project. Under the proposed transformation of the state economy, the new inland...

Governor Gboyega Oyetola of Osun on Thursday inaugurated his cabinet, almost a year after he was sworn-in as the governor. Oyetola, who was sworn-in as the governor on Nov. 27, 2018, appointed Mrs Funke Egbemode, the President Nigeria Guild of...

The Management of Nigerian Ports Authority (NPA) has condemned the invasion of Lilypond Transit Truck Park on Thursday by hoodlums.  According to NPA, the Transit Truck Park was invaded by hoodlums who resisted the activities of the Lagos State Task...

After a thorough review of entries received, the Nigerian Stock Exchange (NSE) on Thursday announced winners of its maiden edition of X-Kathon competition.  X-Kathon is NSE’s first Hackathon designed to encourage Tech enthusiasts to develop innovative F...

The Russian Government has agreed to support development of Nigeria’s rail infrastructure by constructing 1,400 kilometres track from Lagos to the South-South city of Calabar. The development was one of the agreements reached at a meeting between President M...

A Non-Governmental Organisation (NGO), Solidaridad West Africa, on Wednesday in Abuja identified the need for Nigeria to set up mechanism to reposition the country’s oil palm value chain as part of measures to enhance rapid economic growth.  According t...

Zenith International Bank Plc on Wednesday reported a profit after tax of N150.72 billion for nine months ended Sept. 30, 2019. The profit represented a growth of five per cent when compared to N144.18 billion achieved in the corresponding period...

Another set of 26 officials of the Federal Road Safety Corps (FRSC) has been arrested for alleged extortion of motorists in different parts of the country. The Independent Corrupt Practices and Other Related Offences Commission (ICPC) disclosed this in a...

L-R: Minister of state Power Mr. Jedy Agba, minister of state mines and steel development Mr. Uche Ogah and minister of Science and Technology Dr. Ogbonaya Onu, at Wednesday Federal Executive Council (FEC) Meeting, At the State House,  Abuja

Sitting from right are the Authority’s Executive Directors, Marine & Operations, Dr. Sokonte Huttin Davies, that of Engineering & Technical Services, Professor Abubakar Idris and other stakeholders during Lekki Deep Seaport Stakeholder meeting held i...

-ACM KAYODE OLAGUNJU PhD, FCILT, mni Zonal Commanding Officer, Zone RS 10 (Sokoto, Kebbi and Zamfara States) Zonal Headquarter, Sokoto (Being an address at the 2019 Special Marshals Sectorial Workshop Organized by RS10.2 Kebbi Sector Command on Thursday 24th O...