Author: City BusinessNews

Nigeria Releases Regulation For Electronic Payments, Collections
September 11, 2019 No Responses

Nigeria Releases Regulation For Electronic Payments, Collections

The Central Bank of Nigeria (CBN) on Tuesday, September 10, released regulation for electronic payments and collections for public and private sectors in the country. The News Agency of Nigeria (NAN) reports that the regulation is a revision of the...
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OPEC Lauds Nigeria As 70 Countries Indicate Interest In Global Maritime Security Conference
September 11, 2019 No Responses

OPEC Lauds Nigeria As 70 Countries Indicate Interest In Global Maritime Security Conference

The Organisation of Petroleum Exporting Countries (OPEC) has commended the Federal Government of Nigeria for accepting to host the upcoming Global Maritime Security Conference, saying the talks will go a long way in addressing security concerns in the maritime...
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Rolls-Royce CEO Win Superluxury Award
September 11, 2019 No Responses

Rolls-Royce CEO Win Superluxury Award

The Chief Executive Officer of Rolls-Royce Motor Cars, Torsten Müller-Ötvös, has been named winner of the Superluxury CEO category at the 22nd annual Eurostars Awards presented in Frankfurt last night. Awarded by leading professional industry journal Automo...
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CBN Boosts Forex Market With $210M
September 11, 2019 No Responses

CBN Boosts Forex Market With $210M

The e interbank segment of the Foreign Exchange Market has received another boost of $210 million from the Central Bank of Nigeria (CBN) following sales concluded on Tuesday, September 10, 2019. Figures obtained from the CBN indicated that authorized dealers.....
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Drama As New Nissan CEO Steps Down
September 10, 2019 No Responses

Drama As New Nissan CEO Steps Down

The crisis rocking Nissan Motor continued on Monday as global Chief Executive Officer (CEO),  Hiroto Saikawa  resigned from his position as the Japanese automaker remains entrenched in chaos after the firing of chairman Carlos Ghosn amid an alleged s...
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Shell Loses N202m Daily To Vandals, Oil Thieves
September 10, 2019 No Responses

Shell Loses N202m Daily To Vandals, Oil Thieves

Shell Petroleum Development Company of Nigeria (SPDC) Joint Venture says it loses about N202 million daily in revenue to activities of criminals in the Niger Delta. The company attributed the loss to daily attacks on its pipelines by suspected crude...
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NYSC Bars Eight Foreign Graduates
September 10, 2019 No Responses

NYSC Bars Eight Foreign Graduates

The National Youth Service Corps (NYSC) Coordinator in Kano State, Ladan Baba, says no fewer than eight foreign graduates were refused registration due to incomplete and inconsistent documents. Mr Baba revealed this on Monday during the passing out parade of.....
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Tribunal Nullifies Kalu’s Election
September 10, 2019 No Responses

Tribunal Nullifies Kalu’s Election

The National and State House of Assembly Elections Petitions Tribunal sitting in Umuahia has nullified the election of the Senate Chief Whip, Orji Kalu, for Abia North Senatorial District. Delivering its judgment on Monday, a member of the three-member tribuna...
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NLNG Awards 12 Overseas Post-Graduate Scholarships
September 10, 2019 No Responses

NLNG Awards 12 Overseas Post-Graduate Scholarships

Nigeria LNG Limited (NLNG) today in Port Harcourt awarded post-graduate scholarships to twelve (12) Nigerians to pursue Master’s degrees in high-ranking universities in the United Kingdom (UK). The scholarships were awarded at the second edition of NLNG Scho...
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Jaguar Land Rover Delivers 34,176 Units In August
September 10, 2019 No Responses

Jaguar Land Rover Delivers 34,176 Units In August

Jaguar Land Rover has registered 34,176 vehicles in August 2019, down 6.7 per cent compared to the same month last year.. Jaguar recorded 9,702 units of retail sales in August 2019, down 17.8 per cent compared to the same month...
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Mrakpor: We Will Make Asaba A Befitting Capital
September 9, 2019 No Responses

Mrakpor: We Will Make Asaba A Befitting Capital

The director general of the Delta State Capital Territory Development Agency (DSCTDA), Hon. Mrs. Joan Onyemaechi Mrakpor, has pledged to make Asaba a capital city befittimng of Delta State. Speaking while on a courtesy visit to the Asagba of Asaba,...
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NPA Rewards Workers’ Dedication, Professionalism
September 9, 2019 No Responses

NPA Rewards Workers’ Dedication, Professionalism

By Moses Ebosele, ebosele@hotmail.com — The Nigerian Ports Authority (NPA) has reiterated its commitment to reward workers who over the years contributed positively especially in the area of optimal dedication and professionalism.  Speaking at the&n...
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British Airways Pilots Begin Strike
September 9, 2019 No Responses

British Airways Pilots Begin Strike

British Airways pilots have begun a two-day strike in an ongoing dispute over pay and conditions. Tens of thousands of passengers have been told not to go to airports, and BA says most have made alternative arrangements. Both BA and...
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SEC, UNILAG Hold Conference On Economic Growth
September 9, 2019 No Responses

SEC, UNILAG Hold Conference On Economic Growth

The Securities and Exchange Commission (SEC), as part of its Market Development efforts is set o hold a two-day conference in partnership with the University of Lagos (UNILAG). The programme titled ‘Leveraging the Capital Market for Economic Growth and Devel...
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