yetty, Author at City Business News

January 29, 2020 No Responses

Editor: Automotive Sector Is Vulnerable To Coronavirus Impacts

As the coronavirus crisis deepens, there are rising concerns over the potential economic impact, including for the global automotive industry.Reviewing the development, Automotive Editor at GlobalData, a leading data and analytics company, David Leggett, said: “We are still at an...

January 28, 2020 No Responses

Union Bank To Divest From UK Subsidiary

Union Bank of Nigeria Plc has entered a share sale and purchase agreement to divest its 100% equity stake in Union Bank UK Plc. (UBUK).The Bank explained on Tuesday that the development is aligned with Union Bank’s strategy to geographically...

January 28, 2020 No Responses

SHACMAN Trucks GM, TSS Officials Visit Dangote Group, Tour Refinery

The General Manager of Shaanxi Heavy Duty Automobile Import & Export Co. Ltd, Mr. Tian Chao has commended Dangote group for their trust and support. The SHACMAN Trucks GM and Transit Support Services Ltd (TSS) officials recently visited the biggest...

January 28, 2020 No Responses

BPE Boss To Management Team: Re-strategize For The Future

Director General of the Bureau of Public Enterprises (BPE), Mr. Alex A. Okoh has charged the Management Staff of the Bureau who are undergoing a two-day Retreat at the Ibom Hotel & Golf Resort, Uyo, Akwa Ibom State, to critically...

January 28, 2020 No Responses

NYK, Toyota, Others Seal Partnership On First Dedicated RoRo Terminal In Egypt

Japanese shipping company, Nippon Yusen Kabushiki Kaisha (NYK) will participate in a consortium that would set up and operate a dedicated automotive terminal at East Port in Egypt.On December 19, 2019, NYK and its partners Bolloré Africa Logistics and Toyota....

January 27, 2020 No Responses

NAHCO, Cabo Verde Airlines Seal Partnership

By ebosele@hotmail.com The national airline of Cape Verde, Cabo Verde Airlines, has chosen foremost West Africa ground handling operator, NAHCO, to handle its operations in Nigeria.Cabo Verde is a passenger and cargo airline based in Cape Verde. It connects f...

January 27, 2020 No Responses

NLNG Signs Sale, Purchase Agreement With Eni

Nigeria LNG Limited (NLNG) and Eni have signed a LNG Sale and Purchase Agreement (SPA) for some of the remarketed volumes from NLNG’s Trains 1, 2 and 3.The agreement is for the supply of 1.5mtpa for a 10 year term...

January 27, 2020 No Responses

Lagos Bans Commercial Motorcycles, Tricycles On Major Highways

Lagos State Government has announced the restriction and ban of commercial motorcycles (Okada) and tricycles (Keke) in six local government areas of the state with effect from Feb. 1.The Commissioner for Information and Strategy, Mr Gbenga Omotoso, made this k...

January 27, 2020 No Responses

Kia To Unveil Eleven Electric Vehicles, Deploys $25b

As part of ongoing expansion agenda, Kia Motors has revealed its long term strategy called ‘Plan S’ under which it aims to spearhead the global transition to electric vehicles and mobility solutions by 2025.Under this plan, the South Korean automak...

January 27, 2020 No Responses

Zenith Bank Empowers SMEs, Partners Facebook On Digital Workshop

Nigeria’s leading financial institution, Zenith Bank Plc, has reaffirmed its commitment to support local Small and Medium Scale Enterprises (SMEs) with the introduction of the ‘Zenith Bank SME Digital Workshop’ to provide free digital training for busine...