City BusinessNews, Author at City Business News

April 12, 2019 No Responses

NNPC Pledges Adequate Supply Of Petroleum Products During Easter

The Nigerian National Petroleum Corporation (NNPC) has assured the public of adequate supply of petroleum products during the Easter celebration. The Group Managing Director of the corporation, Maikanti Baru, gave the assurance on Thursday in Enugu at the ongoing 30th...

April 12, 2019 No Responses

Tony Elumelu Foundation Hosts European Commission, Finance Institutions, Others In Brussels

At a time when Europe’s relationship with Africa is high on foreign policy and developmental agenda and with the European Union beginning to deliver on its 2017 External Investment Plan, targeted at attracting investment and job creation in Africa, the...

April 12, 2019 No Responses

Nigerian Airports Records 17.23m Passengers In 2018

The National Bureau of Statistics (NBS) has said that a total of 17.23 million passengers passed through Nigerian airports in 2018. The NBS said this in its Air Transportation Data for 2018 posted on its website. The report said international...

April 11, 2019 No Responses

Samsung Tackles LADOL Over Shooting incident, Death Of Employee

Samsung Heavy Industries (SHI) has commenced full scale investigation to unravel the circumstances surrounding the death of Korean employee. The Korean employee was allegedly shot by an officer of the Nigeria Security and Civil Defence (NSCDC) guarding t...

April 11, 2019 No Responses

NPA Boss To Women: Battle Challenges With One Voice

The Managing Director, Nigerian Ports Authority (NPA), Hadiza Bala Usman has advised women to tackle challenges in the work place with one voice. Presenting a paper at the just concluded 3rd World Maritime University Conference, Bala Usman explaine...

April 11, 2019 No Responses

Heritage Bank Photo News

L-R: Afolasade Alonge, Divisional Head, Corporate & Specialised Banking, Heritage Bank Plc; Kikanwa Akpenyi, Group Head, Customer Experience & Analytics; Amb. Soline Niyirahabimana, Hon. Minister of Gender & Family Promotion; Mother Dan-Egwu, Group...

April 11, 2019 No Responses

IMF Cautions Nigeria, Others On China Loans

The International Monetary Fund (IMF) has cautioned Nigeria and other developing countries from taking loans from China due to unfavourable loan conditions. Mr Tobias Adrian said this on Wednesday during the launch of the Global Financial Stability Report for ...

April 11, 2019 No Responses

Twenty States To Benefit From NIMASA’s Donation Of Relief Materials

The Nigerian Maritime Administration and Safety Agency (NIMASA) Tuesday commenced the donation of relief materials to Internally Displaced Persons (IDPs) nationwide with the presentation of household items to IDPs in Lagos. The exercise, which took place at th...

April 11, 2019 No Responses

NPA GETS PEBEC’S AWARD

The Nigerian Ports Authority (NPA) has been recognized by the Presidential Enabling Business Environment Council (PEBEC) for the sustenance of The Ease of Doing Business as it concerns the nation’s seaports and beyond. The Vice President of Nigeria, Prof. Ye...

April 10, 2019 No Responses

Mercedes-Benz Sales Hit 560,873 Units In Three Months

Mercedes-Benz closed the first quarter of 2019 with 560,873 passenger cars sold worldwide. The foremost auto firm explained that for the third year in a row, sales in the first quarter were therefore well over 550,000 units. In March, 227,644...

April 10, 2019 No Responses

CBN Lifts Forex Market With $210 Million

The Central Bank of Nigeria (CBN) has again injected 210 million dollars into the inter-bank Foreign Exchange Market. A statement issued on Tuesday in Abuja, by Mr Isaac Okorafor, Director, Corporate Communications, CBN, said it is in continuation of the...

April 10, 2019 No Responses

2019: IMF Projects Lower Global Economic Growth

The International Monetary Fund (IMF) has projected a lower global economic growth rate for 2019 at 3.3 percent, down from 3.6 percent recorded in 2018. It added that the growth for 2018 was revised down by 0.1 percentage point relative...

April 10, 2019 No Responses

Fire Destroys RoRo Ship

Panama-flagged roll-on/roll-off (RoRo) ship Al Fayrouz caught fire while underway in the Red Sea on April 8. According to Saudi Arabian Border Guards, the 101-meter was in international waters, 60 nautical miles off Saudi Arabia’s Farasan Islands, when the i...

April 10, 2019 No Responses

ELECTRICITY WORKERS HONOURS IGALI

At its Fourth Triennial Delegate Conference which is one of the biggest gatherings of power sector workers, the Senior Staff Association of Electricity and Allied Workers awarded Amb. Godknows Boladei Igali its highest lifetime award on account of his enormous...