Tag: Business

Atiku Lauds Fellow Contestants
October 8, 2018 No Responses

Atiku Lauds Fellow Contestants

The PDP 2019 Presidential flag-bearer, Atiku Abubakar has commended his fellow contestants for the display of unity and commitment during the convention. He made the remark while speaking at the convention after scoring 1, 532 votes out of the 3221...
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Photo News
October 8, 2018 No Responses

Photo News

L-R: Bank Examination, Kano Zonal Office, Nigerian Deposit insurance Commission, Mr Abkbakar Muhammed, Head Investor Education Division, Securities and Exchange Commission, Mr Francis Okafor, Head of Personnel, Gwagwalada Area Council, Mrs Amina Solomon and H...
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Osoba, Odinkalu For GOCOP Annual Conference
October 8, 2018 No Responses

Osoba, Odinkalu For GOCOP Annual Conference

The Second Annual Conference of the Guild of Corporate Online Publishers will hold at Sheraton Hotel, Ikeja, Lagos State on Friday, October 19, 2018, with former Governor of Ogun State, Aremo Olusegun Osoba, as Chairman. A statement signed by GOCOP’s...
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Nigeria Lifts Forex Market With $334m, CNY 52m
October 7, 2018 No Responses

Nigeria Lifts Forex Market With $334m, CNY 52m

Further to its commitment to ensure stability in the inter-bank foreign exchange market, the Central Bank of Nigeria (CBN) has intervened in the Retail Secondary Market Sales (SMIS) to the tune of $334,146,393.84. A breakdown of the forex intervention figures....
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CMA CGM Begins Congestion Surcharge At Lagos Seaports
October 6, 2018 No Responses

CMA CGM Begins Congestion Surcharge At Lagos Seaports

By citybusinessnews@yahoo.com –     Citing increase in operational costs and   service disruption, the management of CMA CGM has resolved to commence congestion surcharge on Lagos import cargo with effect from October 15th, 2018.  In a circular iss...
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Nigeria Customs Generates N792.1B In Eight Months
October 6, 2018 No Responses

Nigeria Customs Generates N792.1B In Eight Months

Between January and August 2018, the Nigeria Customs Service (NCS) collected not less than N792billion revenue.  A breakdown of the revenue collection indicates  that NCS generated N96.6 billion in January, N79.26 billion in February, N87.58 billion in March...
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Maritime CEOs Renew Clamour For Decarbonization
October 5, 2018 No Responses

Maritime CEOs Renew Clamour For Decarbonization

The shipping industry must rise to the biggest technology challenge in 100 years in order to meet its decarbonization ambitions, a group of 34 maritime CEOs and industry leaders stressed in a call for action towards a new decarbonized future.  The...
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Honda Votes $2.8b For Self-Driving Car Unit
October 5, 2018 No Responses

Honda Votes $2.8b For Self-Driving Car Unit

Honda is to invest $2.75bn (£2.1bn) and take a stake in General Motors’ self-driving unit, GM Cruise, as firms continue to team up in the race to develop autonomous vehicles. The Japanese carmaker said it wanted to develop a self-driving...
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INEC: Deadline For Conduct Of Primaries, Resolution Of Disputes Remains October 7
October 5, 2018 No Responses

INEC: Deadline For Conduct Of Primaries, Resolution Of Disputes Remains October 7

The Independent National Electoral Commission (INEC) has reminded political parties that Oct. 7 remains the deadline for conduct of primaries for all elective positions for the 2019 general elections and resolution of disputes emanating from the primaries. The...
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Ibe Kachukwu: Refineries Will Be Fully Functional Before 2019 Ending
October 5, 2018 No Responses

Ibe Kachukwu: Refineries Will Be Fully Functional Before 2019 Ending

The Minster of State for Petroleum, Dr Ibe kachukwu,  has said that it would be sad if the nation’s refineries are not functional by the end of 2019. According to him, the present administration is committed to ensuring that the importation...
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GAC Unveils GS5 Crossover SUV, Delivers 500,000 Vehicles In 15 Countries
October 4, 2018 No Responses

GAC Unveils GS5 Crossover SUV, Delivers 500,000 Vehicles In 15 Countries

By citybusinessnews@yahoo.com –    As part of its ongoing expansion drive, GAC Motor has unveiled new GS5 crossover Sport Utility Vehicle (SUV).   Already, GAC has commenced recruitment drive for staff in vehicle engineering, process and technology, ...
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World Bank Downgrades Sub Sahara Africa Growth Forecast To 2.7 per cent
October 4, 2018 No Responses

World Bank Downgrades Sub Sahara Africa Growth Forecast To 2.7 per cent

The World Bank has cut its forecast for growth of sub-Saharan Africa in 2018 to 2.7 per cent, down from an earlier 3.1 per cent, partly due to less favourable external environment for the region. The lender said in its...
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CBN Boosts FOREX Market With $210
October 4, 2018 No Responses

CBN Boosts FOREX Market With $210

  The Central Bank of Nigeria (CBN) has again injected the sum of $210 million into the inter-bank Foreign Exchange Market.   Figures obtained from the CBN on Wednesday, October 3, 2018, indicate that authorized dealers in the wholesale segment...
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WFE Admits Nairobi Securities Exchange, Five Others
October 4, 2018 No Responses

WFE Admits Nairobi Securities Exchange, Five Others

At the 58th General Assembly in Athens on Wednesday, the World Federation of Exchanges (WFE) admitted six new members taking the total number of full members to 70.      With six members joining since the last General Assembly in...
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