City BusinessNews, Author at City Business News

April 16, 2019 No Responses

Defence Ministry, First Bank, MTN, DPR, Others Win Toyota Awards

Toyota Nigeria Limited (TNL) has honoured First Bank with Evergreen Customer award with a reward of brand new Toyota Yaris. Speaking at a ceremony held in Lagos to honour Toyota Customers, TNL Chairman, Chief Michael Ade-Ojo described First Bank as...

April 16, 2019 No Responses

CSCS Attains Thomas Murray A+ Rating

Central Securities Clearing System (CSCS) Plc has been upgraded by Thomas Murray, the global post-trade risk and custody specialists, from A to A+, which denotes a ‘Low’ Overall Risk. A statement explained that the overall Assessment of ‘A+’ refl...

April 16, 2019 No Responses

Rev. Fr. Godonu Resumes As Lagos Archdiocese Acting Director Of Social Communication

An Acting Director of Social Communications has been appointed for the Catholic Archdiocese of Lagos. He is Rev. Fr. Anthony Gbenayon Godonu. The Archbishop of Lagos, Most Rev Dr Alfred Adewale Martins, who made this known, said the appointment takes...

April 15, 2019 No Responses

Sahara Energy Boosts S’Sudan Economy, Peace Process With $600m Facility

As the South Sudanese people and the world remain in awe of the inspiring feet kissing and blessing of the nation’s leaders by Pope Francis, Sahara Energy Resources DMCC, Dubai, has extended a $600 million facility to help boost resurgent...

April 15, 2019 No Responses

Financial Literacy: SEC Nigeria Seeks More Collaboration Among Regulators

The Securities and Exchange Commission (SEC) has expressed its readiness to strengthen its collaboration with other regulators in the financial industry in Nigeria, in its financial literacy campaign. This the Commission said, is in a bid to ensure that ...

April 15, 2019 No Responses

Guinness Drops Plastic From Multipacks

Drinks giant Diageo has announced that it is removing plastic from multipacks of its Irish stout brand Guinness. Plastic ring carriers and shrink wrap will be also removed from packs of Harp, Rockshore and Smithwick’s beers, as part of Diageo’s...

April 14, 2019 No Responses

World’s Largest Plane Makes First Flight

The world’s largest aircraft took off over the Mojave Desert in California on Saturday, the first flight for the carbon-composite plane built by Stratolaunch Systems Corp, started by late Microsoft co-founder Paul Allen, as the company enters the lucrative p...

April 14, 2019 No Responses

Emefiele To Investors: Nigeria Ready For Business

The Central Bank of Nigeria (CBN) has assured investors and the international community that the country has gone through a successful election and was ready for investments. The CBN Governor, Godwin Emefiele, in Washington DC, at the weekend, held an...

April 14, 2019 No Responses

NPA Boss Elected Vice Chair Of IMO Committee

The International Maritime Organisation, (IMO) has unanimously elected Nigerian Ports Authority (NPA) Managing Director, Hadiza Bala Usman, as vice chairperson of its Facilitation Committee (FAL) for a one-year period (2019-2020). The IMO is ...

April 13, 2019 No Responses

NIMASA DONATES RELIEF MATERIALS TO FLOOD VICTIMS IN NIGER

The Nigerian Maritime Administration and Safety Agency (NIMASA) in continuation of its nationwide donation of relief items to victims affected by flood in some 20 states of the country has made presentation to the people so affected in Niger State....

April 13, 2019 No Responses

CBN Boosts Anchor Borrowers Programme With N174. 48B

The Central Bank of Nigeria (CBN) says it has so far cumulatively disbursed N174. 48 billion through 19 financial institutions under its Anchor Borrowers Programme since 2015. The Director, Corporate Communications Department of the bank, Mr Isaac Okoroafor st...

April 13, 2019 No Responses

World Bank To Invest $15b In African Human Capital Projects

The World Bank has said it will invest 15 billion dollars into human capital projects in Africa by the year 2023. Hafez Ghanem, World Bank Vice President for Africa said this in a statement issued in Nairobi. “The projects are...

April 12, 2019 No Responses

SIFAX Group Unveils Financial Services Subsidiary, Appoints Abitoye GM

In order to take full advantage of emerging opportunities in the financial sector in the country and across the West African territory, SIFAX Group has launched a new subsidiary, Sky Capital and Financial Allied International Limited. The new subsidiary is...