yetty, Author at City Business News

September 27, 2019 No Responses

2020: Obiano Presents N137.1b Budget Proposal

Governor Willie Obiano of Anambra State on Thursday presented a budget proposal of N137.1 billion for 2020 to the State House of Assembly for approval.Mr Obiano, who tagged the budget “Accelerating Infrastructural Development and Youth Entrepreneurship’’, said it would promote...

September 27, 2019 No Responses

Customs Boss Explains Nigeria’s Partial Border Closure

The Comptroller-General of Nigeria Customs Service (NCS), Hameed Ali, has explained that the closure of Nigeria’s borders was undertaken to strengthen the nation’s security and protect its economic interests.Speaking during a meeting with border stakeholde...

September 27, 2019 No Responses

BA Losses £121m To Strike

British Airways owner IAG has warned that its profits will be lower than expected this year, partly due to the impact of strikes by its pilots.It said the strike earlier this month, in a row over pay and conditions, had...

September 27, 2019 No Responses

Rating Agency Downgrades CMA CGM

The corporate family rating of French shipping major CMA CGM was downgraded to B2 from B1 amid the company’s weakened liquidity profile, according to rating agency Moody’s.Additionally, CMA CGM’s probability default rating was set to B2-PD from B1-PD, se...

September 27, 2019 No Responses

Senate Refers MTEF, FSP To Finance Committee

The Senate on Thursday referred the 2020-2022 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP) documents to its Committee on Finance.The committee chaired by Senator Solomon Olamilekan Adeola (APC, Lagos West) was given one week to come...

September 27, 2019 No Responses

NSE, GRI, DANGOTE Harp On Sustainable Business Initiatives

The Nigerian Stock Exchange (NSE) in partnership with Dangote Cement Plc and Global Reporting Initiative (GRI) held a capacity development workshop on&nbsp...

September 27, 2019 No Responses

Auto Report Africa Seals Exclusive Distribution Deal With Cartar Australia

Auto Report Africa, the leading online automotive news reporting platform for Africa, has sealed a new marketing partnership deal with Cartar Australia for exclusive distribution of Cartar Mobile Lifts in Nigeria and Ghana, with future plans for the larger Wes...

September 27, 2019 No Responses

AFFC Lauds Heritage Bank On Youth, Entertainment development

African Freestyle Football (AFFC) Championship 2019 in collaboration with World Freestyle Football Association (WFFA) have commended Heritage Bank Plc for its pivotal role in enhancing youth development and engendering the Nigeria’s entertainment space on th...

September 26, 2019 No Responses

New IMF MD Unveils Agenda

The Board of International Monetary Fund (IMF) on Wednesday selected Kristalina Georgieva to succeed Christine Lagarde. In her statement shortly after she was announced as the 12th Chief Executive since the Fund’s inception in 1944, Ms Georgieva said her imm...

September 26, 2019 No Responses

Nigeria Sets Aside N310b For Road Projects

The Federal Executive Council (FEC) on Wednesday approved a total of N310 billion for road projects.Briefing Journalists at the end of Federal Executive Council (FEC) meeting chaired by Vice President Yemi Osinbajo, the Minister of Works and Housing, Babatunde...

September 26, 2019 No Responses

TVS Expands Network

TVA Motor Company on Wednesday entered into a new distribution partnership with Al Yousuf MC; a subsidiary of Al Yousuf LLC, in the United Arab Emirates to expand presence in the region.The new showroom is the first of its kind...

September 26, 2019 No Responses

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September 26, 2019 No Responses

NAHCO Photo News

September 26, 2019 No Responses

Ugwuanyi Swears In Commissioners, Advisers

Governor Ifeanyi Ugwuanyi of Enugu State, on Wednesday, swore in Commissioners and Special Advisers.Swearing in the Commissioners and Advisers, Ugwuanyi explained said that performance will be key and periodically benchmarked as a basis to remain in office.The...