City BusinessNews, Author at City Business News

July 11, 2019 No Responses

SAHCO Records N6.2b Revenue, N23.1b Assets In 2018

For the year ended December 2018, Skyway Aviation Handling Company Plc (SAHCO) generated N6.2billion revenue, 23.2 per cent higher than 4.9billion recorded in 2017. In its 2018 financial statement sent to the Nigeria Stock Exchange (NSE) on Wednesday, the company...

July 11, 2019 No Responses

NPA Photo News

The Managing Director, Nigerian Ports Authority (NPA), Hadiza Bala Usman (middle), the Director General, Nigeria Chamber of Shipping, Obiageli Obi (left), President Women In Maritime (WIMA, Nigeria) Hajia Bola Muse (right), during a working visit to the Managi...

July 11, 2019 No Responses

NNPC Seeks Adequate Funding of Petroleum Sector

The Nigerian National Petroleum Corporation (NNPC) has urged the Senate to ensure adequate funding of the oil and gas sector to guarantee sustainable revenue flow from the sector. Group Managing Director of the NNPC Mallam Mele Kyari made the appeal...

July 10, 2019 No Responses

Senate Seeks Death Penalty For Rapists

The Nigerian Senate on Tuesday canvassed application of death penalty to rapists as part of measures to curb the crime. Besides resolving on death penalty for offenders, the lawmakers underscored the necessity to review relevant laws as well as open...

July 10, 2019 No Responses

NSE Admits Airtel Africa At N363 Per Share

The Nigerian Stock Exchange (NSE) has announced the Cross Border Secondary Listing of 3,758,151,504 ordinary shares of Airtel Africa Plc. The shares were listed on Tuesday at an offer price of N363 per ordinary share on the Main Board of...

July 10, 2019 No Responses

Nigeria Explains Dispute With Switzerland Over Detained Ship

The Federal Government says it has successfully defended its rights in the dispute between the country and Switzerland in an International Tribunal for the Law of the Sea (ITLOS). Adetayo Apata, the Solicitor General of the Federation (SGF) and Permanent...

July 10, 2019 No Responses

Fidelity Private Bank Wins At PWM Global Wealth Tech Awards

Fidelity Bank won the ‘Best Digital Networking Bank For Entrepreneurs, Africa 2019’ at 2019 PWM Wealth Tech Awards held in London, United Kingdom (UK) recently. Organized by Professional Wealth Management (PWM), a Financial Times Publication, the awards ce...

July 9, 2019 No Responses

Bank Backs AfCFTA With $1b

The African Export-Import Bank (Afreximbank) says it is providing one billion dollars grant to African countries to support the implementation of the Agreement for the African Continental Free Trade Area (AfCFTA). In a statement by Afreximbank’s spokesman, M...

July 9, 2019 No Responses

Coscharis Welcomes New 7 Series

The all new BMW 7 series is has arrived in Nigeria courtesy Coscharis Motors. The BMW brand flagship comes with a more distinctive, luxurious and outstanding dynamics. It stands out with its prestigious, elegant appearance, superlative comfort and exceptionall...

July 9, 2019 No Responses

SEC Tasks Stockbrokers on Professionalism, Capital Market Growth

The Securities and Exchange Commission ( SEC) has urged members of the chartered Institute of Stockbrokers, CIS to continue to uphold the tenets of the noble profession and strive to contribute to the growth of their respective organizations, and the...

July 9, 2019 No Responses

Anambra Implores FG On Death of Ndubuisi-Chukwu In South Africa

Governor of Anambra State, Willie Obiano has urged the Federal Government to investigate the alleged murder of Mrs Obianuju Ndubuisi-Chukwu’s in Johannesburg. Mr Don Adinuba, Anambra State Commissioner for Information and Public Enlightenment, in a statement...

July 9, 2019 No Responses

Photo News

L – R (A) shows Mr. Bola Adeeko, Head, Shared Services Division, The Nigerian Stock Exchange (NSE); Ms. Tinuade Awe, Executive Director, Regulation, NSE; Mr. Oscar N. Onyema, OON, Chief Executive Officer, NSE; Ms. Mary Uduk, Acting Director General, Securiti...

July 8, 2019 No Responses

Group Tasks National Assembly On Nigerian Railway’s 1955 Legal Status

By Moses Ebosele, ebosele@hotmail.com – A continental railway advocacy group, African Railway Roundtable has challenged the new leadership of Nigeria’s National Assembly to immediately revive and accelerate passage of the bill which seeks to amend the ...

July 8, 2019 No Responses

NNPC Inspects Drilling Operations In Kolmani

President Muhammadu Buhari is committed to growing Nigeria’s hydrocarbon reserves through the exploration of the various inland basins spread across the country, Group Managing Director of Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru has...