City BusinessNews, Author at City Business News

October 9, 2017 No Responses

NADDC Boss seeks involvement of more banks in auto financing

By Moses Ebosele, ebosele@hotmail.com – The National Automotive Design and Development Council (NADDC), is to strengthen some components of the National Automotive Industry Development Plan (NAIDP). Under the arrangement, a fund is to be established for Nigerians at low cost...

October 9, 2017 No Responses

Shareholders task SEC on Oando crisis

Based on the directive given to the Securities and Exchange Commission (SEC) by the House Committee on Capital Market and Institutions to investigate allegations of financial impropriety and mismanagement of Oando Plc, shareholders of the company have cautione...

October 8, 2017 No Responses

UBA kicks off 4th annual essay competition

UBA Foundation, the corporate social responsibility arm of the United Bank for Africa Plc, is calling on all Senior High School students in Ghana to participate in the 2017 edition of the National Essay Competition (NEC). Launched in 2014...

October 8, 2017 No Responses

South African Regulator Approves Maersk Line’s Deal

South Africa’s competition tribunal has cleared Maersk Line’s proposed acquisition of German liner company Hamburg Süd. “The clearance is conditional upon Hamburg Süd’s withdrawal from the SAAF vessel sharing agreement operating in the South Africa...

October 8, 2017 No Responses

Buhari congratulates victorious super eagles

President Muhammadu Buhari has congratulated the Super Eagles on their victory Saturday over the Chipolopolo of Zambia at the Godswill Akpabio International Stadium, Uyo, Akwa Ibom State. The President, who described the hard-earned victory as “very swee...

October 8, 2017 No Responses

More winners emerge in Access Bank family fortune promo

More winners have emerged from the ongoing Access Bank Family Fortune Promo as the Bank rewards 118 customers in the second monthly selection of winners. The event which held at the Bank’s Alausa Branch in Ikeja produced 50 customers who...

October 7, 2017 No Responses

Hyundai global brand value hits $13.2b

Hyundai has maintained its position as one of the world’s 40 most valuable brands for the third year in a row, according to the latest Best Global Brands report from respected international consultancy Interbrand. The carmaker retained its place...

October 7, 2017 No Responses

Four Journalists emerge winners of PwC media excellence awards, gets N2million

By citybusinessnews@yahoo.com – Out of 123 entries, four Nigerian Journalists have emerged winners of the 2017 PwC’s media excellence awards. The award ceremony was held on Friday evening in Lagos and had in attendance print, electronic and...

October 7, 2017 No Responses

NPA boss reiterates commitment to safety standards

The Managing Director of Nigerian Ports Authority (NPA), Hadiza Bala Usman has reiterated the commitment of the organisation to Safety Standards for all aspects of operations at the nation’s Seaports. She expressed this commitment in her remarks at the...

October 6, 2017 No Responses

Tony Elumelu Foundation to host 1,300 entrepreneurs, business leaders from 54 countries

The Tony Elumelu Foundation (TEF), Africa’s largest philanthropy focused on supporting entrepreneurship, has announced that the 3rd annual TEF Entrepreneurship Forum will take place on October 13-14 in Lagos. This is the first year the invitation-only For...

October 6, 2017 No Responses

FirstBank unveils new ultra-modern head office in Ghana

First Bank of Nigeria Limited has unveils a new ultra-modern Head Office for its subsidiary, FBNBank Ghana to enhance service delivery in the Ghanaian market. According to the Managing Director, FBNBank Ghana, Gbenga Odeyemi, FBNBank is resolute in its passion...

October 6, 2017 No Responses

FG releases N100b to Arab Contractors, CCECC, Dantata and Sawoe, others

The proceeds of the N100 billion Sukuk bond has been released by the Federal Government to fund 25 key economic road projects of the Federal Ministry of Power, Works and Housing. Minister of Finance, Mrs. Kemi Adeosun, on Thursday in Abuja, handed...

October 6, 2017 No Responses

‘Deep Seaports to gulp $16b’

The construction of deep seaports in Warri, Delta State and Bonny in Rivers State, will gulp not less than $16b, the Minister of Transportation Rotimi Amaechi, has said. Speaking on Thursday, the minister also disclosed that more coaches and locomotives...

October 6, 2017 No Responses

Again, Nissan distributor wins Motor Firm of the Year Award

Japan Motors Trading Company (Japan Motors), Nissan’s sole distributor in Ghana, continued its award-winning run when it was crowned 2016’s Motor Firm of the Year Award for a third consecutive time. The Chartered Institute of Marketing Ghana (CIMG) con...