City BusinessNews, Author at City Business News

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 period, down...

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...

October 12, 2019 No Responses

Michelin To Close Tyre Factory

Foremost Tyre manufacturer, Michelin has concluded plans to close a French-based factory with 619 employees next year as competition from cheaper Asian manufacturers knocks its profit margin. Two weeks ago, the French company announced the closure of a factory...

October 12, 2019 No Responses

First Bank Boss At Edinburgh Conference, Reiterates Commitment to Financial Inclusion In Nigeria

By citybusinessnews@yahoo.com — As part of the Bank’s financial inclusion and global thought leadership drive, the Chief Executive Officer, First Bank of Nigeria Limited, Dr. Adesola Adeduntan participated in the 2019 Global Leaders Interactive pa...

October 12, 2019 No Responses

Fidelity Bank Canvasses Better Data Sharing In Retail Growth

The Executive Director, Operations and Information, Fidelity Bank Plc, Gbolahan Joshua has advised data validation agencies and organisations to adopt appropriate policies that provide financial institutions with the required flexibility to utilise available c...

October 12, 2019 No Responses

Photo News

SIFAX Group staff led by Mr. Abayomi Obadare, General Manager, Billing and shipping agents at the 2019 International Customer Service Week celebration which was organized by Ports & Cargo Handling Services Limited.

October 10, 2019 No Responses

Obasanjo Urges DR Congo To Invest In Agriculture

Former Nigerian President, Chief Olusegun Obasanjo has called on the Democratic Republic of Congo (DRC) to invest in agriculture and particularly cassava, soybean, cowpea and plantain to help Africa cut down annual food imports that is estimated at $50billion....

October 10, 2019 No Responses

NPA: Concerned Pensioners Not Known To Any Nigerian Law

The management of Nigerian Ports Authority (NPA) on Wednesday rejected what it described as “blackmail of a section of its former workers who have assembled under the name; Nigerian Ports Authority Concerned Pensioners (NPACP), a group that is not known...

October 10, 2019 No Responses

Toyota Unveils Self-Driving Shuttle For 2020 Olympic Games

Toyota on Wednesday revealed the version of its e-Palette self-driving shuttle that will be used to transport athletes during the 2020 Olympic Games in Tokyo. The e-Palette was first shown as a concept in early 2018 and is essentially an...