City BusinessNews, Author at City Business News

September 7, 2019 No Responses

PDP Decries Invasion Of Umahi’s Residence

The Peoples Democratic Party (PDP) has called on the Inspector-General of Police, Mohammed Adamu, to immediately apprehend those behind the invasion of the Abuja residence of Ebonyi Gov. Dave Umahi. The party, in a statement by its National Publicity Secretary,...

September 7, 2019 No Responses

Photo News

President Muhammadu Buhari (middle) All Progressives Congress (APC) National Chairman Mr. Adams Oshiomhole (right) And Kogi State Governor Alhaji Yaya Bello (left) During A Visist To The State House Abuja, On Friday

September 7, 2019 No Responses

Xenophobia: Nigeria Insists On Compensation For Victims

Minister of Foreign Affairs, Mr Geoffrey Onyeama, says that the Federal Government will demand that victims of the xenophobic attacks on Nigerians in South Africa be compensated by that country. Onyeama who said this after a closed door meeting with...

September 7, 2019 No Responses

Mercedes-Benz Delivers 177,819 Vehicles In August

With sales of 177,819 cars in August, Mercedes-Benz posted double-digit growth (+14.0%) for the second time in succession. At the same time, a new record was set for the month of August. Double-digit sales growth in all three regions –...

September 7, 2019 No Responses

Kia Pegas Drives Into Middle East

Kia has unveiled the new compact Pegas in the Middle East. Spacious, economical and highly practical, the new Kia Pegas compact sedan is already on-sale across the region. Entirely new to the region, the Kia Pegas is a smart option...

September 6, 2019 No Responses

New Mercedes-Benz CLA Debuts In Nigeria

By Moses Ebosele, ebosele@hotmail.com — Weststar Associates Limited, authorized General Distributor of Mercedes-Benz in Nigeria has announced the arrival of the all-new CLA. Building on the success of the first generation CLA, which sold o...

September 6, 2019 No Responses

NSE Downgrades Oando Plc

The Nigerian Stock Exchange (NSE) has announced the reclassification of Oando Plc from Medium Priced Stock to Low Priced Stock effective Thursday, September 5, 2019. According to NSE, this is in compliance to Rule 15.29: Pricing Methodology, Rulebook of ...

September 6, 2019 No Responses

APC Advises Nigerian Govt To Nationalise South African Firms

The National Chairman of the ruling All Progressives Congress (APC) has advised the federal government to take steps to nationalise all South African companies operating in Nigeria to protest the xenophobic attacks on Nigerians. Oshiomhole, who gave the advice...

September 6, 2019 No Responses

Bank Unveils $500m Facility For Nigerian Manufacturers

The African Export-Import Bank (AFREXIMBANK) has pledged to allocate $500 million from its Nigeria-Africa Trade and Investment Promotion Programme to support Nigerian manufacturers. The bank’s President, Benedict Oramah, announced in Lagos that the facility ...

September 6, 2019 No Responses

Igali Tasks Diri, Lyon On Issue-Based Campaign In Bayelsa

A former Nigerian Ambassador to the Scandanavian countries and top Peoples Democratic Party (PDP) gubernatorial aspirant, Dr. Godknows Igali has conveyed his congratulations to PDP flagbearer Senator Douye Diri and APC candidate, Chief David Lyon. In hi...

September 5, 2019 No Responses

Labour Seeks More Stringent Measures Against South Africa

The Trade Union Congress of Nigeria, (TUC) has condemned the unending xenophobic attacks on Nigerians and other African nationals living and doing business in South Africa. In a statement issued by its President, Quadri A. Olaleye and Secretary Gen...

September 5, 2019 No Responses

NLNG Photo News

(L-R) Professor Emmanuel Bala, Prize Judge; Olugbenga Oluwaniyi, NLNG GM Finance; Sophia Horsfall, NLNG Manager, Corporate Communications; Prof. Akpoveta Susu, Chairman of the Advisory Board for the Nigeria Prize for Science, Chief Dr. Nike Akande, member Advi...

September 5, 2019 No Responses

Crude Oil Theft: NNPC, Navy To Deepen Collaboration

The Nigerian National Petroleum Corporation (NNPC) and the Nigerian Navy have pledged to deepen collaboration to tackle the menace of crude oil theft and attacks on oil and gas facilities. The two organisations came to the resolution when the NNPC...

September 5, 2019 No Responses

NSE Photo News

L – R: Moejoh Oluwaseyi Peace, CEO Apprentice; Adewale Adeboye Boaz; Jesutunmise Lawanson, CEO Apprentice; Bola Adeeko, Head, Shared Services Division, The Nigerian Stock Exchange (NSE); Oluwatodimu Solomon Obidipe, CEO Apprentice; Ajoke Oluwanifise Aj...