City BusinessNews, Author at City Business News

July 18, 2017 No Responses

Mazda recalls 19,000 more vehicles

Mazda Motor Corp. is recalling 19,000 cars in South Africa due to airbag safety concerns as the Japanese carmaker extends a global recall to cover a wider manufacturing period, its local unit said on Monday. The recall was prompted by...

July 18, 2017 No Responses

NPA probes Calabar fire outbreak, condoles families, Cross River Govt

The management and board of the Nigerian Ports Authority (NPA) on Monday condoles the Cross River State Government and families of people who lost their lives in the fire incident which occurred at the Linc Oil and Gas tank farm...

July 18, 2017 No Responses

FG announces $1m venture capital for creative industry

The Minister of Information and Culture, Alhaji Lai Mohammed, on Monday announced the establishment of one million-dollar Venture Capital to boost the Creative Industry. The Minister made the announcement at the opening of a two-day Creative Industry Financi...

July 18, 2017 No Responses

NSE Photo News

L – R:Tony Ibeziako, Head, Domestic Primary Market, The Nigerian Stock Exchange (NSE); Peter Elumelu, Non-Executive Director, Africa Prudential Plc; Oscar N. Onyema, OON, Chief Executive Officer, NSE; Chief (Mrs.) Eniola Fadayomi, Chairman, Africa Prudential...

July 17, 2017 No Responses

NNPC attains five million litres of kerosene output daily

The three refineries of Nigerian National Petroleum Corporation (NNPC) in Port Harcourt, Warri and Kaduna now produce five million litres of Dual Purpose Kerosene (DPK), also identified as kerosene daily. According to NNPC, this represents more than 60 perce...

July 17, 2017 No Responses

Dakuku: Integrity is the bedrock of success in politics

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside has urged Christian youths to embrace the biblical principles of honesty and integrity, which he described as the bedrock to success in politics and go...

July 17, 2017 No Responses

COSON Photo News

Minister of Information and Culture, Alhaji Lai Mohammed, in a group picture with dignitaries during his visit to COSON House in Lagos.

July 17, 2017 No Responses

UBA Board to consider accounts, interim dividend on Thursday

The Board of Directors of United Bank for Africa (UBA) Plc would on Thursday, this week, meet to deliberate on the company’s accounts and financial statements for the half year ended June 30, 2017. A statement issued by the Secretary...

July 16, 2017 No Responses

U.S to emerge top LNG exporter by 2022

By 2022, the United States will be on course to challenge Australia and Qatar for global leadership among LNG exporters, the International Energy Agency (IEA) estimates. Despite the fact that the demand for gas in the United States – the...

July 16, 2017 No Responses

Eight dead in wall collapse at Senegal’s stadium

(BBC)–Eight people have died and at least 49 are injured after a wall collapsed at a football stadium in Senegal. It happened at Demba Diop stadium in the capital, Dakar, at the end of the League Cup final between Stade...

July 15, 2017 No Responses

2015: Importation of consumables, household items into Nigeria gulps N7tri

The Minister of State for Industry, Trade and Investment, Mrs. Aisha Abubakar has said the sum of about N7 trillion was spent on the importation of consumables and household items into Nigeria in 2015. In her address in Kano on...

July 15, 2017 No Responses

NPA Photo News

The Managing Director of Nigerian Ports Authority (NPA), Hadiza Bala Usman (3rd right), Executive Secretary/CEO Lagos State Security Trust Fund (LSSTF), Dr. Abdurrazaq Balogun 2nd right), Exec. Dir., Marine & Operations, Dr. Sokonte Davies (3rd left), Exec...

July 15, 2017 No Responses

Honda recalls 2.1m Accords worldwide

American Honda will voluntarily recall 2.1 million Accord models worldwide made between 2013 and 2016, after five reports that the vehicle’s battery sensors caused engine fires. Honda said 1.1 million of the recalls would take place in the U.S. and...

July 14, 2017 No Responses

‘Financing conference will take creative industry to golden era’

The Minister of Information and Culture, Alhaji Lai Mohammed, has said the Creative Industry Financing Conference, scheduled to hold 17-18 July 2017, will take the industry into a golden era of smooth access to short and long term financing, world class man...