City BusinessNews, Author at City Business News

April 19, 2019 No Responses

At AGM, Shareholders Laud Board, Management Of GTBank

Shareholders of Guaranty Trust Bank Plc (GTBank) on Thursday in Lagos commended the board and management of the bank for sustaining growth and profitability despite challenges. Speaking at the 2018 Annual General Meeting (AGM), the shareholders also approved the payment...

April 19, 2019 No Responses

Toyota Unveils New Highlander

Toyota Motor Corporation has unveiled a bigger and bolder Highlander for 2020 with more efficient hybrid powertrain. The redesigned fourth-generation Highlander made its debut on Wednesday at the 2019 New York International Auto Show and is due on ...

April 18, 2019 No Responses

New Generation Marcopolo Bus Debuts In Nigeria

The All-New Marcopolo Paradisio 1350 bus has officially settled in Nigeria. Unveiled in Lagos on Wednesday at a colourful ceremony attended by key stakeholders, the new generation Marcopolo Paradiso 1350 “has been designed to provide the best passenger...

April 18, 2019 No Responses

NPA Photo News

The Presidential Enabling Business Environment Council (PEBEC) held aninteractive session with Stakeholders in the Maritime Industry to find solution to the ApapaTraffic Gridlock, the Management of the Nigerian Ports Authority (NPA)were among dignitaries at th...

April 18, 2019 No Responses

LNG Firm Secures $700m Financing Option

Golar LNG Limited has received a firm USD 700 million underwritten financing commitment for the conversion of the floating liquefied natural gas (FLNG) vessel Gimi. The financing has been provided to Gimi MS Corporation, owned by Golar LNG Limited with...

April 18, 2019 No Responses

New Ford Ranger Demonstrates Strength, Innovations

Ford has gone further in the ultra-competitive light commercial vehicle (LCV) segment with the launch of the New Ranger for 2019. The new Ranger was launched in Pretoria, South Africa, recently. Featuring an extensive range of mechanical, technological, featur...

April 17, 2019 No Responses

Daimler Gets New SUV Lineup

Daimler AG Chief Executive Officer, Dieter Zetsche has disclosed that the German automaker would add a new compact Sports Utility Vehicle (SUV) to its lineup later this year. Zetsche, who spoke at an event in Shanghai, China exp...

April 17, 2019 No Responses

CBN Lifts Forex Market With $210m

The interbank segment of the Foreign Exchange Market has received a boost of $210 million from the Central Bank of Nigeria (CBN) following sales concluded on Tuesday, April 16, 2019. According to figures obtained from the Bank, authorized dealers in...

April 17, 2019 No Responses

NSE Photo News

The President of the National Council of The Nigerian Stock Exchange, Otunba Abimbola Ogunbanjo ( 1st right) accompanied by Alhaji Aliko Dangote ( 2nd right), GCON, President, Dangote Group and former President NSE and Mr. Aigboje Aig-Imoukhuede ( 2n...

April 17, 2019 No Responses

Ecobank, Terrakulture Seal Partnership

EcobankPay, the lifestyle digital payment and collections service of Ecobank Nigeria has entered into partnership with TerraKulture, Nigeria’s foremost stage play and cultural show promoters with Bolanle-Austen Peters as lead. Through this partnership,...

April 17, 2019 No Responses

Emefiele Deserves Kudos For His Focused Commitment To The Economy

By Chika Madubuike-Onuora – Resolutely navigating turbulent seas spawned by a mix of micro and macro-economic triggers, the nation’s apex bank – Central Bank of Nigeria (CBN) led by Dr. Godwin Emefiele – has provided circumspect, stabilizin...

April 17, 2019 No Responses

Court Clears Suspended SEC DG

High Court of the Federal Capital Territory, Abuja, has dismissed corruption charges involving alleged mismanagement of about N115m preferred against the suspended Director General of the Security and Exchange Commission, Mounir Gwarzo; and a...

April 17, 2019 No Responses

Hyundai Secures $600m Gas, Tanker Orders

South Korea’s Hyundai Heavy Industries has secured orders for five new gas and crude carriers, with a value of around USD 600 million, in recent weeks. The shipbuilder said that the units were ordered by European and Asian ship owners...

April 16, 2019 No Responses

Group Unveils Agenda To Tackle Maritime Corruption

The International Maritime Organization (IMO) is to address maritime corruption by including the issue in its work programme for the Facilitation Committee. The decision to include an anti-corruption agenda came at the latest meeting of the IMO’s Facilitatio...