City BusinessNews, Author at City Business News

July 12, 2018 No Responses

Photo News

L-R, General Secretary, Association of Stockbroking Houses of Nigeria, Mr Sam Onukwue, Chairman, Chief Onyewechukwu Ezeagu and Acting, Director General, Securities and Exchange Commission (SEC) Ms. Mary Uduk during a Meeting between SEC and Association of Stockbroking Houses of Nigeria...

July 11, 2018 No Responses

NNPC Comes Under Scrutiny Over Alleged N100b Under-Remittance

Citing alleged under-remittance of funds, the House of Representatives has commenced an investigation into the earnings of the Nigerian National Petroleum Corporation (NNPC) since the begining of this year. According to the lawmakers, the investigation wil...

July 11, 2018 No Responses

Prodi-G Concepts Media Inaugurates EDO CINEMA

Prodi-G Concepts, an independent television production company has inaugurated the EDO CINEMA project in Benin City with the screening of four short films by Edo film makers at the Nosona Studios Art Gallery. The event was chaired by the Edo...

July 11, 2018 No Responses

CBN Injects $210m Into Foreign Exchange Market

The Central Bank of Nigeria (CBN), on Tuesday injected 210 million dollars into the inter-bank Foreign Exchange market to meet customers’ requests in various segments of the market. The CBN acting Director, Corporate Communications, Mr Isaac Okoroafor sai...

July 11, 2018 No Responses

Labour: MTN Must Respect Workers Rights

Tuesday, July. 10, 2018 marks the second day of the picketing of MTN offices nationwide by the Nigeria Labour Congress (NLC) and its civil society allies This press statement is intended to explain the reasons for this action as well...

July 11, 2018 No Responses

Mercedes-Benz Explains Agenda For Driverless Cars

Mercedes Benz owner Daimler and car supplier Bosch plan to launch a small fleet of driverless taxis in California in the second half of 2019. The move comes as the two firms race to catch up with competitors in the...

July 10, 2018 No Responses

NIMASA Engages CBN On Special Interest Rate

The Director General of Nigerian Maritime Administration and Safety Agency (NIMASA) Dr Dakuku Peterside has disclosed that the Agency is engaging the Central Bank of Nigeria to create a special interest rate for maritime assets acquisition in Nigeria stating t...

July 10, 2018 No Responses

Mercedes-Benz Unveils State-Of-The Art Showroom In Victoria Island

Citybusinessnews@yahoo.com – MB Automobile Services Limited, one of the authorized dealers of Westar Associates Limited, sole representative of Mercedes-Benz in Nigeria has unveiled state-of-the art showroom in Victoria Island, Lagos State. ...

July 10, 2018 No Responses

Delta Air Lines Lifts 17.7m Passengers In June

Delta Air Lines airlifted 17.7 million passengers across its routes including Nigeria in June 2018, thereby becoming the busiest month for the carrier in its annals. According to the airline, June 2017, still holds the record for most customers...

July 10, 2018 No Responses

Coscharis Photo News

From L-R: Josiah Samuel, Group Managing Director, Coscharis Group; Dumisani Radebe, Director, BMW, Sub-Sahara Africa; Cosmas Maduka, President, Coscharis Group and Tim Abbot, Chief Executive Officer, BMW South Africa and Sub-Sahara Africa durin...

July 10, 2018 No Responses

Forum Sets Agenda For Haulage Operators In Nigeria

Concerned with the spate of road traffic crashes involving haulage and other related vehicles in the country, the Federal Government through the office of the Secretary to the Government of the Federation (SGF), Boss Mustapha called a meeting of relevant...

July 10, 2018 No Responses

NNPC Kick- Starts Seven Critical Gas Projects

A major stride in the attainment of national energy sufficiency was achieved in Lagos on Monday with the commencement of technical framing workshop and subsequent project signing ceremony of the seven Critical Gas Development Projects (7CGDP) to deliver about ...

July 9, 2018 No Responses

Virgin Atlantic Lifts 26m Passengers Out Of Nigeria In 17 Years

Virgin Atlantic Airways has airlifted 26 million passengers in and out of Nigeria since it commenced flight operations 17 years ago between Gatwick International Airport, London and the Murtala Muhammed International Airport (MMIA), Lagos. Within the peri...

July 9, 2018 No Responses

Shareholders fault Oando’s 2017 Result, Seeks Forensic Audit

Shareholders under the aegis of Proactive Shareholders Association of Nigeria (PROSAN), at the weekend, faulted the 2017 full year result of Oando Plc. The group also lamented the inability of the company to pay dividend to its shareholders for...