City BusinessNews, Author at City Business News

August 18, 2019 No Responses

FAAN To Close Enugu Airport Runway

The Federal Airports Authority of Nigeria (FAAN) has notified airlines and passengers that the runway at Akanu Ibiam International Airport, Enugu will be closed on August 24 for major repairs. FAAN’s General Manager, Corporate Affairs, Henrietta Yakubu, made this known...

August 17, 2019 No Responses

UK Firm Gets Court Order To Seize $9b Nigerian Assets

A British judge has ordered the Nigerian government to pay $9bn in assets to a gas firm, P&ID. The firm, P&ID, had reached a deal with the Nigerian government in 2010 to build a natural gas plant – but the...

August 17, 2019 No Responses

NPA Boss Implore Stakeholders On Improved Synergy, Efficiency

By citybusinessnews@yahoo.com — The Managing Director of Nigerian Ports Authority (NPA), Hadiza Bala Usman has implored stakeholders in the Port Industry to improve synergy as part of measures to boost efficiency. Speaking at the quarterly meeting ...

August 17, 2019 No Responses

NSE Photo News

L–R: Otunba Abimbola Ogunbanjo, National Council President, The Nigerian Stock Exchange (NSE); Dr. Olukayode Fayemi, CON, Executive Governor of Ekiti State and Oscar N. Onyema, OON, Chief Executive Officer, NSE during the presentation of the replica of the N...

August 17, 2019 No Responses

BMW To Staff: Narrow Sales Gap With Mercedes

BMW’s new chief executive, Oliver Zipse urged employees to embrace change and to find innovative ways to help the Bavarian carmaker overtake rival Mercedes at a time when demand for luxury carsis waning. According to Reuters, Oliver Zipse addressed staff...

August 17, 2019 No Responses

Photo News

Deputy Senate Leader, Senator Ajayi Borrofice; Minority Leader, Senator, Enyinnaya Abaribe; President of the Senate, Ahmad Ibrahim Lawan; President Muhammadu Buhari; Senate Leader, Senator Yahaya Abdullahi; Senator representing Katsina North, Senator Ahmad Bab...

August 17, 2019 No Responses

NIMASA Graduates 298 Military Personnel In Intelligence Training

The Nigerian Maritime Administration and Safety Agency (NIMASA) has graduated another 298 surveillance officers in basic training course for the implementation of the Integrated Security and Waterway Protection Infrastructure also known as the Deep Blue Projec...

August 16, 2019 No Responses

Fajemirokun Resumes As AIICO Insurance New Managing Director

AIICO Insurance Plc appointed Babatunde Fajemirokun as its new Managing Director. In a notice to the Nigeria Stock Exchange (NSE), the company explained that the appointment takes immediate effect. In the notice signed by the company secretary, Donald Ka...

August 16, 2019 No Responses

JK Tyre Seeks More Export

JK Tyre is ramping up exports as demand has dried up in the Indian domestic market due to a slowdown in auto sales, which have been on decline in the last nine months. Already, the company has spotted an opportunity...

August 16, 2019 No Responses

NYSC Registers 4,664,804 Participants In 46 Years

More than 4.6 million graduates have participated in the National Youth Service Corps (NYSC) scheme since inception in 1973. Speaking in Abuja on Thursday, the Director-General of the scheme, Shuaibu Ibrahim, explained that the scheme has achieved ...

August 16, 2019 No Responses

UBA, LCCI Seal 2019 Lagos International Trade Fair Partnership

Pan African financial services institution, United Bank for Africa (UBA) Plc, and the Lagos Chamber of Commerce and Industry(LCCI), have partnered to organize the 2019 edition of the Lagos International Trade Fair. The Fair, which holds between November ...

August 16, 2019 No Responses

Kenya First Green Bond To Raise $48.45 For Student’s Accommodation

Kenya has approved its first ever issuance of green bond, which will raise five billion shillings ($48.45 million) for students’ accommodation, the capital markets regulator, CMA, said on Thursday. The CMA said in Nairobi that the bond, to be issued...

August 16, 2019 No Responses

Customs, NNPC, CBN Shun Public Hearing

An ad hoc committee of the House of Representatives has summoned heads of four government agencies to appear before it on August 19. This followed the ruling of the Chairman of the Committee, Yusuf Buba (APC-Adamawa), at a public hearing...

August 16, 2019 No Responses

SIFAX Group Photo News

L-R: Chief Adekunle Oyinloye, Group Managing Director, SIFAX Group; Oba Mufutau Gbadamosi, Esuwoye II, Olofa of Ofa and Oba Ayilara Babatunde Raheem, Olu of Owode Ofara kingdom at the installation of Oyinloye as the Ejemu Omu of Omu Aran, Kwara...