City BusinessNews, Author at City Business News

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...

June 4, 2019 No Responses

Pope Francis Approves Revision Of Italian Missal

Pope Francis has approved a revised third edition of the Italian Missal, including changes to the Lord’s Prayer and Gloria. On May 22nd during the General Assembly of the Episcopal Conference of Italy, President Cardinal Gualtiero Bassetti announced th...

June 4, 2019 No Responses

Zamfara: APC Expels Yari, Shuaibu

Former Governor of Zamfara State, Abdulaziz Yari, has been expelled from the All Progressives Congress (APC) for allegedly contributing to the failure of the party’s chances in the last election in the State. The party also expelled the Deputy National...

June 4, 2019 No Responses

Photo News

President Muhammadu Buhari addressing a cross section of diplomats during the breaking of Ramadan fast in Abuja on Monday. Photo: Sunday Aghaeze

June 3, 2019 No Responses

NIWA Seals MoU With NEXIM Bank, Sealink

Nigeria Inland Waterways Authority (NIWA), Nigeria Export-Import Bank (NEXIM) and SEALINK Promotional Company have signed a Memorandum of Understanding (M.O.U.) that recognizes the pivotal role of Inland Waterways in national economic development. A stat...

June 3, 2019 No Responses

Board To Vote On Renault Merger With Fiat Chrysler

French automaker Renaultsays its board will meet on Tuesday to vote on a possible merger with Fiat Chrysler. Fiat Chrysler has proposed to merge with Renault to create the world’s third-biggest automaker, worth almost $40 billion, and combine...

June 3, 2019 No Responses

NCAA Revokes Pilot’s Licence

The Nigerian Civil Aviation Authority (NCAA) has revoked the Airline Transport Pilot’s Licence (ATPL) of a pilot for serious violation of the Nigeria Civil Aviation Regulations (Nig.CARs). The General Manager Public Affairs, NCAA, Sam Adurogboye, revealed th...

June 3, 2019 No Responses

BA Resumes Flights To Pakistan

British Airways will resume flights to Pakistan on Sunday, more than 10 years after a hotel bombing led to the route being suspended. BA stopped flying to the country after a bombing in the capital city of Islamabad in 2008,...

June 2, 2019 No Responses

Buhari To Host Lake Chad Security Summit

President Muhammadu Buhari will host leaders of Lake Basin Commission in an informal summit on the side lines of Democracy Day and Second Term inauguration celebrations on June 12, 2019, in Abuja. The meeting will focus on bringing up new...

June 2, 2019 No Responses

E-Payments In Nigeria Hit N34.02 Trillion In Q1

A total of 557,083,712 electronic-payment transactions valued at N34.02 trillion were recorded in selected banks across the country in the first quarter, 2019, Nigeria’s statistics bureau has said. The National Bureau of Statistics (NBS) said this in a repor...

June 2, 2019 No Responses

NIMASA DG Implores Media On Constructive Reporting

The Director-General of Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside, has advised the media in Nigeria to concentrate their effort and attention on productive reporting aimed at spurring positive action in the country, espe...