City BusinessNews, Author at City Business News

July 25, 2019 No Responses

Access Bank Unveils More DiamondXtra Monthly Draw Winners

Ten Nigerians have emerged in the monthly draw of the DiamondXtra savings scheme season eleven initiated by Access Bank. The presentation, which took place in various states across Nigeria saw Samuel Ebu, Stanley Igwe, Olusina Fadare, Amos Tochukwu, Orungbala Anna...

July 25, 2019 No Responses

Netcore Explains Data On 2018 Email Reception

Nigerian brands would always have the need to communicate with their customers on a frequent basis. What to communicate is as important as when to communicate and where to communicate. About 15 years ago, during data collection, Nigerians would oft...

July 25, 2019 No Responses

Photo News

Chairman of Presco Plc, Pierre Vandebeeck (Right) and Managing Director, Mr Felix Nwabuko, during the company’s Pre-Annual General Meeting in Benin, Edo State

July 24, 2019 No Responses

DMO Lists FGN’s N100b SUKUK

By Moses Ebosele, ebosele@hotmail.com – – Debt Management Office (DMO) on Tuesday listed on the Nigerian Stock Exchange (NSE), the second ₦100bn, 7-Year, FGN Sukuk due to mature in 2025. The Sukuk was raised at a rental rate of 15.743%,...

July 24, 2019 No Responses

NNPC Seals $3.15b Financing For OML 13

The quest by the Nigerian National Petroleum Corporation (NNPC) to increase the nation’s crude oil reserves and daily oil production to 3million barrels per day has received a major boost with the signing of a $3.15bn Financing and Technical Services...

July 24, 2019 No Responses

FRSC Promotes 64 Assistant Corps Commanders To Deputy Corps Commander

As part of the corporate drive of the Federal Road safety Commission, to continually celebrate hard work and excellence, the Board of the Federal Road Safety Commission has on Wednesday, 22 July, 2019 approved the promotion of 64 senior Officers...

July 24, 2019 No Responses

CBN Retains Monetary Policy Rate At 13.5%

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), has retained the Monetary Policy Rate (MPR) at 13.5 per cent. The CBN Governor, Mr Godwin Emefiele made this known while addressing newsmen on outcome of the MPC...

July 24, 2019 No Responses

Mercedes-Benz Secures Approval For Driverless Parking

Bosch and Daimler have reached a milestone on the way to automated driving: the two companies have now obtained approval from the relevant authorities in Baden-Württemberg for their automated parking system in the Mercedes-Benz Museum parking garage in Stuttg...

July 24, 2019 No Responses

Railway Group Lauds Re-Appointment Of Amaechi

A railway advocacy group,African Railway Roundtable has commended President Muhammadu Buhari of Nigeria for re-appointing former Minister of Transportation,Rotimi.Amaechi into the Nigerian federal cabinet. In a statement issued by its Chief Operating Officer,S...

July 23, 2019 No Responses

NPA Boss Seeks More Rail, Seaport Synergy

By Moses Ebosele, ebosele@hotmail.com — No country should contemplate establishing Seaport without the complement of adequate Rail Transportation, Managing Director, Nigerian Ports Authority (NPA), Hadiza Bala Usman has said. Speaking at the West A...

July 23, 2019 No Responses

British Airways Pilots Vote In Favour Of Strike

British Airways pilots have voted in favour of strike action in a dispute over pay, threatening a walkout over the key summer holiday period. The British Airline Pilots’ Association (Balpa) said 93% of its members had voted in favour of...

July 23, 2019 No Responses

BMW Delivers 12,52,837 Units In Six Months

BMW Group has posted its best-ever first half of the year sales with 12,52,837 units sold between January-June 2019, marking 0.8% growth compared to the same period last year, says the German company in a release. This success bucks the...

July 23, 2019 No Responses

Buhari: 11, 000 MGW Achievable By 2023

President Muhammadu Buhari Monday in Abuja challenged stakeholders in the electricity sector to improve supply to Nigerians, urging them to reach 7, 000 megawatts by 2021, and work towards 11, 000 megawatts by 2023, while ensuring better distribution to busine...

July 23, 2019 No Responses

Buhari Greets Jakande At 90

President Muhammadu Buhari sends warm felicitations to former Governor of Lagos State, Alhaji Lateef Kayode Jakande, who turns 90 on July 23, 2019, congratulating him for courage in pursuing a vibrant career in journalism and leaving a lasting legacy in...