City BusinessNews, Author at City Business News

June 7, 2019 No Responses

Photo News

L-R: Rev. Fr. Marcellinus Teko, Administrator, Holy Cross Cathedral, Lagos; Lady Neta Nwosu, President, SIGNIS, Archdiocese of Lagos; Most. Rev. (Dr.) Alfred Adewale Martins, Archbishop of the Metropolitan See of Lagos and Rev. Fr. Anthony Godonu, Acting Director, Directorate of...

June 6, 2019 No Responses

Michelin Unveils Airless Tyre

French tyre major Michelin along with General Motors have unveiled an airless tyre prototype for passenger vehicles, which could hit the markets as early as 2024. According to the firms, the Uptis Prototype is airless a...

June 6, 2019 No Responses

Emerging Market Regulators Issue Recommendations On Sustainable Finance

Securities regulators from growth and emerging markets on Wednesday published a report that sets forth recommendations related to the development of sustainable finance in emerging markets and the role of securities regulators in this area. IOSCO´...

June 6, 2019 No Responses

Dakuku: National Fleet Will End Capital Flight, Retain Jobs In Nigeria

Nigerians will be able to lift its country’s crude oil for export immediately the national fleet comes into operation, the Director General of NIMASA, Dr. Dakuku Peterside has said. Dakuku, who was speaking at a media breakfast meetin...

June 6, 2019 No Responses

Fiat Chrysler Withdraws Bid For Renault

Fiat Chrysler has withdrawn its merger proposal for French carmaker Renault, the Italian-American firm has said. The announcement followed a failed attempt by Renault board members to reach a decision on the offer. Renault said it had been unable to...

June 6, 2019 No Responses

Capital Market Operators seek Govt’s Intervention In Oando, SEC Crisis

Capital market operators on Wednesday called for urgent intervention of the Federal Government in the conflict between the Securities and Exchange Commission (SEC) and Oando Plc. They made the call in interviews with the News Agency of Nigeria (NAN) in...

June 6, 2019 No Responses

Obaseki, Okowa Meet On Bendel Development Commission

The Edo State Governor, Mr. Godwin Obaseki, and his Delta State counterpart, Dr. Ifeanyi Okowa, are putting finishing touches to the establishment of Bendel Development Commission, a joint body to aggregate and drive economic development efforts in the two sta...

June 5, 2019 No Responses

Dakuku In Norway, Seeks More Support For Africa’s Ocean Economy

Chairman of Association of African Maritime administrations (AAMA), Dr Dakuku Peterside has called on developed nations and corporate bodies to support Africa and other developing nations to build capacity and regulatory enforcement needed to maximize benefits...

June 5, 2019 No Responses

Obaseki: Time For Sharing Of Govt Money Over In Edo

The Edo State Governor, Mr Godwin Obaseki, has restated his commitment to serve Edo people, stressing that the time for sharing public funds to a few greedy politicians in Edo State was over. The governor, who said this when he...

June 5, 2019 No Responses

Eid-el-Fitr: Emir Sanusi Drums Support For Girl-Child Education

The Emir of Kano, Alhaji Muhammadu Sanusi II, has advocated for the rights of the girl-child to education. ‎The first class traditional ruler made the call while addressing the people of the state, shortly after he led the Eid prayer...

June 4, 2019 No Responses

Emefiele To Unfold New Roadmap For Economy

Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, on Monday began his second tenure, following the confirmation of his re-appointment by the Senate on May 16 According to a statement by the Director Corporate Communications, Mr Isaac...

June 4, 2019 No Responses

Firm Names Sixth LNG-Fueled Tanker

The sixth of eight new small chemical tankers ordered by the Gothia Tanker Alliance has been named in China. Featuring 18,000 dwt, Ramelia was constructed by China’s shipbuilder Avic Dingheng for Sweden-based shipowner Rederi AB Älvtank. Featuring a ca...

June 4, 2019 No Responses

Oando: Court Restrains SEC

The Federal High Court in Lagos on Monday restrained the Securities and Exchange Commission (SEC) from removing Mr. Wale Tinubu as the Group Chief Executive Officer of Oando Plc. It also barred SEC from imposing a fine on Tinubu and...

June 4, 2019 No Responses

Photo News

L-R, Director General, West African Monetary Institute Ghana, Dr Ngozi Egbuna, Commissioner, Industry and Private Sector Promotion ECOWAS Commission Mr Mamado Traore, Acting Director General, Securities and Exchange Commission Ms Mary Uduk and Chief Exec...