City BusinessNews, Author at City Business News

October 19, 2019 No Responses

CBN Injects $325.5m Into Retail Market

The Central Bank of Nigeria (CBN) has injected 325.5million dollars in the retail Secondary Market Intervention Sales (SMIS) and CNY14million in the spot and short tenored forwards segment of the inter-bank foreign market. The bank’s Director, Corporate Communications, Mr Isaac...

October 19, 2019 No Responses

Mahindra Inaugurates All-Women Auto Service Workshop

Mahindra & Mahindra on Friday announced the inauguration of India’s first all-women-run automobile service workshop in Jaipur. According to the company, this is part of the its larger initiative named ‘Pink Collars’ to promote recruitment of wo...

October 19, 2019 No Responses

Makinde Appoints Special Assistants On ICT, Youth, Sports

Oyo State Governor, Mr Seyi Makinde, has approved the appointment of two Special Assistants on Information Communication Technology(ICT)/ E- Governance and Youth and Sports. A statement issued on Friday, in Ibadan, by the Special Assistant (Print Media) to the...

October 18, 2019 No Responses

Nigeria To Impose Taxes On Soft Drinks

The Nigerian Government is to impose taxes on soft drinks, the Minister of Finance, Budget and Planning, Mrs. Zainab Ahmed, disclosed on Thursday. In an interactive session with Journalists on the sidelines of the ongoing Annual Meetings of the International.....

October 18, 2019 No Responses

Sanwo-Olu, Okonkwo Implore Market Leaders On Infrastructure Development

Lagos State Governor, Mr. Babajide Sanwo-Olu on Thursday, met with market leaders from Alaba, Trade Fair axis in Lagos West senatorial district. The consultative meeting, which was at the instance of the Governor and coordinated by the Managing Director Fideli...

October 18, 2019 No Responses

Samsung Unveils Galaxy A10s, A20s, A30s In Nigeria

Samsung on Thursday unveiled new members of the Galaxy A Series smartphones – the Galaxy A10s, A20s and A30s. According to Samsung, the new devices offer upgrades to essential features, made even more powerful with more value for the new...

October 18, 2019 No Responses

British Ports Welcome Brexit Deal

The British Ports Association (BPA) has reservedly welcomed the news that a Brexit deal was agreed on Thursday between the United Kingdom and the European Union. Under the new deal, Northern Ireland will remain part of the UK’s customs territory...

October 17, 2019 No Responses

New Oil, Gas Parks For Akwa Ibom, Bayelsa

The Federal Executive Council (FEC), on Wednesday in Abuja, approved the establishment of oil and gas parks in Akwa Ibom and Bayelsa states. Minister of State for Petroleum Resources, Timipre Sylva, disclosed this while briefing State House correspondents afte...

October 17, 2019 No Responses

New Kia Carnival MPV Debuts

Kia Motors has concluded plans to unveil new Carnival MPV also identified in some markets as Sedona. Available in seven-seater and eight-seater variants, the MPV measures 5.115 mm in length, 1,985 mm in width, 1,740 mm in height and it...

October 17, 2019 No Responses

Nigeria Deports Seven Koreans

The Nigerian Government has deported seven nationals of Democratic People’s Republic of Korea (DPRK) back to their country. Mr Sunday James, Public Relations’ Officer (PRO), Nigeria Immigration Service (NIS), disclosed this in a statement on Wednesday in A...

October 17, 2019 No Responses

First Bank Photo News

FinTech 3.0 (1): Callistus Obetta, Group Executive, Technology & Services, FirstBank; Gbenga Shobo, Deputy Managing Director, FirstBank; Victor Asemota, Founder, Swifta Systems & Services and Keynote Speaker at the event (FirstBank FinTech Summit 3.0);...

October 17, 2019 No Responses

Sifax Photo News

Middle: Tobi Afolabi, Executive Director, Ports & Cargo Handling Services Limited receiving Heritage For Life special recognition award from Chief Emeka Anyaoku, former Secretary General of the Commonwealth on behalf of Barr. (Dr.) Taiwo Afolabi, Group Exe...

October 17, 2019 No Responses

Shippers’ Council Visits Paediatric Hospital, Donates Items

The Nigerian Shippers Council (NSC) on Wednesday donated Single Motor Hospital Beds and other goods to Asiya Bayero Paediatric Hospital in Kano. According to the Executive Secretary of the NSC, Mr Hassan Bello, the gesture was necessary in order to...

October 17, 2019 No Responses

Skoda Reports 2.7% Drop In Sales

Skoda Auto global deliveries have dropped 2.7 per cent to 913,700 cars in the first nine months of 2019, compared to the same period last year. The slump in deliveries is majorly due to the declining sales in China, where...