yetty, Author at City Business News

August 5, 2019 No Responses

NNPC Attributes Increase In Price Of Kerosene To Pressure Of Demand, Supply

The Nigerian National Petroleum Corporation (NNPC) has attributed the increased in the price of household Kerosene in the country to the pressure of demand and supply.The NNPC Group General Manager, Group Public Affairs Division, Ndu Ughamadu, told the News Agency...

August 4, 2019 No Responses

Omo-Agege To Oil Firms: Relocate Headquarters To N/Delta

Deputy President of the Senate Ovie Omo-Agege has urged oil companies operating in the Niger Delta region to relocate their headquarters to the region.Mr. Yomi Odunuga, his Special Adviser on Media and Publicity in astatement on Saturday in Abuja, said...

August 4, 2019 No Responses

Suzuki Cuts Workforce As Sales Sink

Maruti Suzuki India Ltd, has cut the number of workers it employs on temporary contracts following a plunge in vehicle sales, it told Reuters.The auto industry, which accounts for nearly half of India’s manufacturing output, is going through one of...

July 19, 2019 No Responses

BMW Names New CEO

BMW has named its top production manager, Oliver Zipse, as CEO to lead the luxury automaker through a shift to new ways of doing business such as electric vehicles and offering cars on a per-use basis.The company said Thursday that...

July 19, 2019 No Responses

Egypt Unveils Shipping Incentives

The Egyptian government has announced a new package of incentives and discounts for shipping companies in a bid to ensure the sustainability of shipping lines’ schedules.Vessels calling at Egyptian ports and transiting Suez Canal can now expect savings reach...

July 19, 2019 No Responses

Eleven Authors Contend For $100,000 Prize For Literature

The Advisory Board for The Nigeria Prize for Literature today, Thursday 18 July, announced the shortlist of 11 drawn from 173 books, in the running for the 2019 edition of the prize.The 11 books on the shortlist of 11, in...

July 19, 2019 No Responses

Panel Probes 120 Doctors Over Alleged Misconduct

The Medical and Dental Council of Nigeria (MDCN) has inducted 412 foreign trained Nigerian doctors to practice medicine in the country and warned them against ethical misconduct.The induction was held at NAF Conference Centre on Thursday in Abuja, consisting o...

June 24, 2019 No Responses

CBN To Sustain Float Exchange Rate Regime

The Central Bank of Nigeria says it will continue to operate a managed float exchange rate regime to reduce the impact of continuous volatility in the exchange rate on the economy.The CBN Governor, Godwin Emefiele, said this while reeling out...

June 24, 2019 No Responses

Nigeria Harps On Good Corporate Governance, Inaugurates SEC Board

Listed companies in the Capital market have been urged to imbibe good corporate governance and accountability in a bid to accelerate the growth of the market and increase both domestic and foreign investor participation.This was stated by the Permanent Secreta...

June 24, 2019 No Responses

Switzerland Seeks Release of Detained Tanker, Crew In Nigeria

Switzerland has requested the International Tribunal for the Law of the Sea (ITLOS) to order the release of a Swiss tanker and its crew detained in Nigeria since early 2018.According to World Maritime News, the public hearing concerning the arrest...

June 24, 2019 No Responses

NPA Photo News

June 16, 2019 No Responses

Elumelu To Empower 1,000 Northern Youths

Founder of Tony Elumelu Foundation, Tony Elumelu, has pledged to empower 1000 young entrepreneurs in northern Nigeria.Speaking on Saturday at Bayero University Kano (BUK), while receiving Doctor of Business Administration, Honoris Causa from the universi...

June 16, 2019 No Responses

Firm Seals Two Charter Deals With MSC, Maersk Line

UK-based containership charter owner, Global Ship Lease (GSL) has agreed new charters for two of its vessels with container shipping majors.Both charters are commencing this June and include the 2,824 TEU GSL Valerie and the 5,095 TEU Orca.The 2005-built GSL.....

June 15, 2019 No Responses

Buhari To CBN: Blacklist Firms Still Importing Palm Oil

President Muhammadu Buhari has directed the Central Bank of Nigeria to blacklist any firm, its owner and top management caught smuggling or dumping palm oil into the country.The presidential directive was disclosed by CBN Governor, Mr Godwin Emefiele, at a...