City BusinessNews, Author at City Business News

April 4, 2019 No Responses

Air Peace Seals $2.1b Deal With Embraer For 30 Brand New Jets

Air Peace airline has set a continental record with a firm order for 10 brand new Embraer 195-E2 aircraft. The deal which was unveiled on Wednesday during Embraer Business Meeting with the Aviation World in Port Louis, Mauritius, makes Air...

April 4, 2019 No Responses

Emefiele’s One Good Term Deserves Another, By Abba Adakole

Public offices are held in trust for the people. Therefore occupiers of public offices are the golden fish that have no hiding place. It is thus instructive that they should justify their appointments by demonstrating competence, accountability, discipli...

April 3, 2019 No Responses

Firm Seals LNG Carrier Charter Deal With JERA

Greece-based shipping company Maran Gas Maritime, a subsidiary of the Angelicoussis Group, has concluded a time charter contract with Japan’s JERA for one LNG carrier newbuild. Maran Gas signed the agreement with LNG Marine Transport Limited (LMT), a unit of...

April 3, 2019 No Responses

Ifeyinwa Ugochukwu Assumes Office as CEO, Tony Elumelu Foundation

Ifeyinwa Ugochukwu, former Director of Partnerships and Evaluation, Tony Elumelu Foundation has assumed her new role as the Foundation’s CEO on April 1. [Ifeyinwa becomes the third CEO and the first African to become the Chief Executive Officer of the...

April 3, 2019 No Responses

Transport Minister Lauds Management Of NPA, Marine and Harbour Simulation Centre

The Minister of Transportation, Rotimi Chibuike Ameachi has commended the Management of Nigerian Ports Authority (NPA) for the initiative and the zeal to establish an Ultra-Modern Marine and Harbour Simulation Centre at Dockyard Apapa. Addressing stakeho...

April 3, 2019 No Responses

More Winners Set to Emerge in UBA Wise Savers Promo

Pan-African financial institution, United Bank for Africa (UBA) Plc has again announced that another set of 20 loyal customers will get a chance to win N1,500,000 each, in the second edition of its quarterly draw for the ongoing UBA Wise Savers...

April 3, 2019 No Responses

US Probes Hyundai, Kia

United States safety authorities will investigate nearly three million Hyundai and Kia vehicles over fires, in a move which could prompt mass recalls. The inquiry by the National Highway Traffic Safety Administration (NHTSA) follows thousands of complaints abo...

April 3, 2019 No Responses

Aisha Buhari To Wives Of Military Personnel: Promote Peace, Fight Social Vices

Wife of the President, Dr. Mrs. Aisha Muhammadu Buhari has commended wives of military and police officers for playing noble roles in boosting the morale of their spouses, especially in periods of crises, calling on them to continue to promote...

April 3, 2019 No Responses

BYD Unveils World’s Longest Electric Bus

Chinese automobile maker BYD has launched world’s first 27-m pure electric bi-articulated bus K12A at the company’s headquarters in Shenzhen. With a passenger capacity of 250 people, it is the longest pure electric bus in the...

April 2, 2019 No Responses

ACCESS BANK ANNOUNCES DUAL LISTING OF N15B CORPORATE GREEN BOND

Access Bank Plc on Monday announced the dual-listing of a fully certified Green Bond on the FMDQ OTC Securities Exchange and the Nigerian Stock Exchange. According to Access Bank, this follows the formal approval of the bond by the Securities...

April 2, 2019 No Responses

SIFAX Group Appoints Three Key Management Staff

As part of the ongoing restructuring effort, which is targeted at strategically positioning the company for better service delivery, corporate reengineering and next level strategic growth, SIFAX Group has appointed three new staff to man key management positi...

April 2, 2019 No Responses

Okomu Oil To Reward Shareholders With N3 Dividend

Okomu Oil Palm Company Plc has proposed to reward shareholders with N3 dividend during the company’s Annual General Meeting (AGM) scheduled to hold at Transcorp Hilton Hotel, Abuja, Thursday, June 13, 2019. According to company, on June 20th, 2019, divid...

April 1, 2019 No Responses

NLNG/NIMASA: DAKUKU HAILS APPEAL COURT JUDGEMENT

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside, has hailed the appeal court judgement in the case between the Agency and the Nigerian Liquefied Natural Gas (NLNG) Limited over levies payable to the...

April 1, 2019 No Responses

Lagos To Crush 2,500 Impounded Motorcycles

The Lagos State Environmental Sanitation and Special Offences Unit (Task Force) on Sunday said it would crush over 2,500 commercial motorcycles impounded by the agency between January and March 2019. Adebayo Taofiq, the agency’s spokesperson, said in a state...