Author: City BusinessNews

New powertrains and fresh design for Kia Optima
February 28, 2018 No Responses

New powertrains and fresh design for Kia Optima

Kia Motors Europe has introduced a range of design enhancements and new engines for the new Kia Optima.    Sold in Europe as a sedan or Sportswagon, the car makes its debut at the 2018 Geneva International Motor Show, and...
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NIMASA Projects Five Per Cent Maritime Growth In 2018, Post 2019 Election
February 28, 2018 No Responses

NIMASA Projects Five Per Cent Maritime Growth In 2018, Post 2019 Election

The Nigerian Maritime industry is projected to grow by 2.5 – 5 % within the period 2018-2019 and a projected increase in demand for maritime services in Nigeria during the period of projection.   This was contained in the Nigerian...
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WFE Tasks Stock Exchanges On Family Firms, Listing Opportunities
February 28, 2018 No Responses

WFE Tasks Stock Exchanges On Family Firms, Listing Opportunities

The World Federation of Exchanges (WFE) has published a report into family businesses, investigating the opportunities and challenges for family firms when considering public equity as a source of funding. ​The report – entitled Family Firms and Listing: O...
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NPA Photo News
February 28, 2018 No Responses

NPA Photo News

The Managing Director of the Nigerian Ports Authority (NPA), Hadiza Bala Usman (3rd from left) presents a plaque to the Managing Director, International Association of Ports and Harbours (IAPH), Patrick Verhoeven (2nd from left). To the left of MD NPA...
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Daimler Confirms Geely As Biggest Shareholder With $9B Stake
February 27, 2018 No Responses

Daimler Confirms Geely As Biggest Shareholder With $9B Stake

Daimler, Mercedes-Benz parent company has confirmed that Geely, which also owns Volvo and Lynk & Co., plus its own car brand, has acquired 9.69 percent of its shares in a deal valued at $9 billion.   The shares were purchased...
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NSE Photo News
February 27, 2018 No Responses

NSE Photo News

L-R shows Mr Fubara Anga, Chairperson, Investors’ Protection Fund (IPF); Mr Edosa Aigbekaen, retired trustee of the IPF Board; Chief Adesola Abodunrin, retired trustee of the IPF Board; Mr Oscar N. Onyema, OON, retired trustee of the IPF Board and...
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Corporate Governance: NAHCO CEO Lauds Company’s Board
February 27, 2018 No Responses

Corporate Governance: NAHCO CEO Lauds Company’s Board

The certification of seven current and past members of the Board of the Nigerian Aviation Handling Company Plc by the Corporate Governance Rating System (CGRS) has been described by the Company’s Managing Director/Chief Executive Officer, Mr. Idris Yakub...
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FG To Train 100 Rice Farmers In Kebbi
February 27, 2018 No Responses

FG To Train 100 Rice Farmers In Kebbi

 The Minister of Agriculture and Rural Development, Chief Audu Ogbeh, says the Federal Government will train 100 rice farmers in Kebbi, as part of efforts to boost rice production in the country.   The minister said this on Monday in...
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Tricycle Riders Burn FRSC Vehicle Over Alleged Extortion
February 27, 2018 No Responses

Tricycle Riders Burn FRSC Vehicle Over Alleged Extortion

Tricycle riders on Monday allegedly burnt down a patrol vehicle and injured six personnel of the Plateau command of the Federal Road Safety Commission (FRSC) in Jos. Mr Andrew Bala, the command’s Public Education Officer, confirmed the incident to the...
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VAIDS: El-Rufai, Adeosun meet Kaduna business leaders, tax payers
February 26, 2018 No Responses

VAIDS: El-Rufai, Adeosun meet Kaduna business leaders, tax payers

Executive Governor of Kaduna State, Mallam Nasir el-Rufai and the Honourable Minister of Finance, Mrs. Kemi Adeosun, will on Thursday, March 1, meet with business leaders, business owners and tax payers in Kaduna over the Voluntary Assets and Income Declaratio...
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FG, Maritime Stakeholders To Automate All Processes
February 26, 2018 No Responses

FG, Maritime Stakeholders To Automate All Processes

In its quest to ensure the growth and development of the maritime sector in line with the Presidential order on the Ease of Doing Business in Nigeria, the Federal Government is set to automate all shipping related administrative processes in...
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Firm Extends LNG Supply Network for Ships
February 25, 2018 No Responses

Firm Extends LNG Supply Network for Ships

Hamburg-based supplier of LNG Nauticor has extended its LNG supply network for ships within the North Sea region by including the Port of Rotterdam.   The company has been awarded the contract for a bunker operation in Rotterdam for the first...
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Obaseki congratulates Akubeze on his election as Catholic Bishops’ President
February 25, 2018 No Responses

Obaseki congratulates Akubeze on his election as Catholic Bishops’ President

Governor of Edo State, Mr Godwin Obaseki, has congratulated the Archbishop of Archdiocese of Benin, Augustine Akubeze on his election as the new President of the Catholic Bishops Conference of Nigeria (CBCN). Archbishop Akubeze takes over from Archbishop of Jo...
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Nissan to Unveil Self-Driving Taxi March 5
February 24, 2018 No Responses

Nissan to Unveil Self-Driving Taxi March 5

Come March 5, 2018, Nissan will launch its first public trial of a self-driving taxi service in Tokyo, Japan.  The service, called Easy Ride, will see a handful of self-driving Nissan Leaf electric cars ferry passengers on a set route...
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