City BusinessNews, Author at City Business News

July 8, 2019 No Responses

Uber Set For Benin City Launch

Barring last-minute changes, global ride sharing giant, Uber, will launch operations in Benin City this month, further swelling the ranks of global ride sharing companies operating in the city. This comes after weeks of engagements between government and Uber officials...

July 8, 2019 No Responses

Edo Probes Multi-Billion Naira Hospital Contract

Indications emerged at the weekend that Edo State Governor, Godwin Obaseki may probe controversial multi-billion Naira Central Hospital contract awarded by the previous administration. The State Government explained that the administration is “u...

July 7, 2019 No Responses

Shipping Firm Attains First Simultaneous Bunkering Operations

Containerships, a subsidiary of the CMA CGM Group, has performed its first simultaneous operations (SIMOPS) bunkering. The operations allows for the concomitant bunkering of liquefied natural gas (LNG) and execution of loading and unloading procedures. The SIM...

July 7, 2019 No Responses

SEC Approves Airtel’s Listing On NSE

The Securities and Exchange Commission has finally approved the planned secondary listing of Airtel Africa Plc on the Nigerian Stock Exchange. A source close to the transaction told the News Agency of Nigeria in Lagos that the commission granted the...

July 7, 2019 No Responses

Kumuyi : Capacity Building Is Panacea To Unemployment

The General Superintendent of the Deeper Life Bible Church, Pastor William Folorunsho Kumuyi has said that Capacity Building is Panacea to unemployment in the country. He also urges young professionals to steer clear of unpatriotic and dishonourable prac...

July 6, 2019 No Responses

FirstBank To Empower 500 Widows

First Bank of Ngeria Limited is to empower 500 widows in 2019 as part of its Corporate Social Responsibilities and Sustainable Week (CSR). Already, the Bank has empowered 125 widows as identified by the International Women Society (IWS) vis-à-vis their....

July 6, 2019 No Responses

NAHCO Appoints Herbert Odika As COO

The Nigerian Aviation Handling Company Plc (nahco aviance) has appointed Mr. Herbert Odika as its Chief Operating Officer (COO). A statement described Odika as a first class aviation professional with excellent knowledge of the industry. Odika, a former...

July 6, 2019 No Responses

SIFAX Group Appoints Executive Director, Group CSO

SIFAX Group has announced the appointment of Captain Ibraheem Olugbade and Mr. Edward Ndahi as Executive Director and Group Chief Security Officer. Olugbade, who was Nigeria’s erstwhile Alternate Permanent Representative to the International Maritime Organis...

July 6, 2019 No Responses

NSE Postpones Listing Of Airtel

The Nigerian Stock Exchange (NSE) has postponed the proposed Cross Border Secondary Listing of 3,758,151,504 ordinary shares of Airtel Africa Plc. According to NSE, the listing earlier scheduled for Friday, July 5th, 2019 was postponed to ensure th...

July 5, 2019 No Responses

Firm Expands Partnership With Maersk, MSC

Israeli shipping company Zim Integrated Shipping Services (ZIM) has further expanded its strategic cooperation with the members of the 2M Alliance – Maersk and Mediterranean Shipping Company (MSC). Specifically, ZIM has now decided to boost ties with 2M on t...

July 5, 2019 No Responses

Mazda Recalls 33,000 Vehicles

Mazda is recalling nearly 8,000 CX-9 vehicles for malfunctions caused by faulty wiring harness connector terminals, which could affect the vehicle’s electrical communication. The automaker announced Tuesday that the wiring harness may disrupt electrical ...

July 4, 2019 No Responses

NSE Partners Chapel Hill On Alternative Investment Training

The Nigerian Stock Exchange (NSE), in collaboration with Chapel Hill Denham, on Wednesday organized a training on alternative investments titled “Listed Real Assets: A Teach-In on Alternative Investments”. The training covered core concepts of alter...

July 4, 2019 No Responses

Buhari Assent To Anti-Piracy Bill

President Muhammadu Buhari has given his assent to the Suppression of Piracy and other Maritime Offences Bill, 2019, in an unprecedented move billed to bring a dramatic improvement in security on the country’s territorial waters and exclusive economic zone. ...

July 4, 2019 No Responses

Obaseki Drops Eight Commissioners

Edo State Governor, Mr Godwin Obaseki, has reshuffled his cabinet, dropping eight Commissioners, nominating six replacements and appointing five Special Advisers. In a statement issued on Wednesday and signed by the Secretary to the State Government, Osa...