Tag: Business

UBA Bags PEARL, New Telegraph Awards for Impressive Performance
November 30, 2017 No Responses

UBA Bags PEARL, New Telegraph Awards for Impressive Performance

Pan-African financial institution, United Bank for Africa (UBA) Plc, has continued to make waves and positive impact in the local and global financial industry earning more laurels and accolades.   Last weekend, UBA carted away two key industry awards emerging...
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FG suspends SEC DG, two others
November 30, 2017 No Responses

FG suspends SEC DG, two others

The Director-General of the Securities and Exchange Commission (SEC), Mr. Mounir Gwarzo and two others have been suspended from office by the Minister of Finance, Mrs. Kemi Adeosun as the Federal Government launches investigation into several allegations of...
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Ecobank Nigeria Appoints Olagbami Chief Risk Officer
November 30, 2017 No Responses

Ecobank Nigeria Appoints Olagbami Chief Risk Officer

Ecobank Nigeria has announced the appointment of Mr. Adebiyi Olagbami as an Executive Director and the Chief Risk Officer of the Bank effective November 15, 2017.  Mr Olagbami has 25 years banking experience with over 21 years in Risk Management....
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Infinity Tyres Debuts in Lekki, Flags off 2017 Value Drive Promo
November 29, 2017 No Responses

Infinity Tyres Debuts in Lekki, Flags off 2017 Value Drive Promo

By Moses Ebosele, ebosele@hotmail.com  –   Infinity Tyres Limited, Nigeria’s leading tyre, battery and premium automobile accessories brand has concluded plans to open a full-fledged branch in Lekki, Lagos State in the first week of December, 2017 t...
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Top Gear Names Rolls-Royce Phantom Luxury Car of 2017
November 29, 2017 No Responses

Top Gear Names Rolls-Royce Phantom Luxury Car of 2017

The Rolls-Royce Phantom has earned BBC Top Gear Magazine’s coveted ‘Luxury Car of the Year’, just weeks after its global media launch on the banks of Lake Lucerne in Vitznau, Switzerland. Referred to by the cognoscenti as ‘the best car...
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Nigerian Breweries, Stanbic IBTC top gainers’ table as market capitalisation sustains growth by N89b
November 29, 2017 No Responses

Nigerian Breweries, Stanbic IBTC top gainers’ table as market capitalisation sustains growth by N89b

Nigerian Breweries on Tuesday recorded the highest price gain of N6.43 to lead the gainers’ table and closed at N137.60 per share.   Stanbic IBTC followed by a gain of N1.85 to close at N41.85, while Dangote Cement increased by...
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CMA CGM, Seatrade to Restructure VSA
November 29, 2017 No Responses

CMA CGM, Seatrade to Restructure VSA

French container shipping giant CMA CGM Group and specialised reefer transporter Seatrade Group have decided to restructure the vessel sharing agreement (VSA) reached earlier this year. Under the VSA, unveiled in July 2017, the companies intended to link Nor...
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Iyalode Alaba Lawson Leads NACCIMA to Atlanta Summit, Seeks Re-Awakening Of Agribusiness Opportunities
November 29, 2017 No Responses

Iyalode Alaba Lawson Leads NACCIMA to Atlanta Summit, Seeks Re-Awakening Of Agribusiness Opportunities

By citybusinessnews@yahoo.com  –     National President, National Association of Chambers of Commerce, Industries, Mines and Agriculture (NACCIMA), the umbrella organization of Chambers of Commerce in Nigeria, Iyalode Alaba Lawson, has advocated for r...
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Stakeholders oppose amendment to NIMASA act, 1 % contribution to Navy
November 28, 2017 No Responses

Stakeholders oppose amendment to NIMASA act, 1 % contribution to Navy

Stakeholders in the Nigerian maritime industry have opposed moves to amend the Nigerian Maritime Administration and Safety (NIMASA) Act to pave way for 1% contribution of its revenue to the Nigerian Navy.     A statement issued by NIMASA’s head,...
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NEWN unveils community business directory, seeks partnership
November 28, 2017 No Responses

NEWN unveils community business directory, seeks partnership

Network of Enterprising Women of Nigeria (NEWN) has concluded its annual seminar and trade fair in Lagos with the official unveiling of the NEWN community business directory which it says will help boost trade among its members.   The fair...
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Edo budgets N140b for 2018, to complete bus terminals
November 28, 2017 No Responses

Edo budgets N140b for 2018, to complete bus terminals

The Governor of Edo State, Mr. Godwin Obaseki, will on Wednesday, present the budget proposal for 2018 fiscal year to the Edo State House of Assembly for consideration.  The budget expected drive growth and progress in all sectors of the...
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Sterling Bank bags best award in financial inclusion
November 28, 2017 No Responses

Sterling Bank bags best award in financial inclusion

Sterling Bank Plc, has won the best company in financial inclusion award at the SERAs CSR Africa 2017 awards held in Lagos.  The theme of this year’s edition of the awards is transformational sustainability: From Social Responsibility to Social Impact....
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Oando: Shareholders insist on interim management
November 28, 2017 No Responses

Oando: Shareholders insist on interim management

Shareholders of Oando Plc have advised the current management of the company under the leadership of Mr Wale Tinubu to step down in the interest of all stakeholders.    A Federal High Court sitting in Lagos had last week dismissed...
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Hydrographic society seeks national hydrographic commission
November 28, 2017 No Responses

Hydrographic society seeks national hydrographic commission

The Nigerian Hydrographic Society (NHS), Lagos /South-West Zone, has called for the establishment of a National Hydrographic Commission, in order to drive policies on hydrography for full utilization of hydrographic surveys to benefit the nation’s economy. M...
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