Business – Page 382 – City Business News

November 7, 2018 No Responses

Toyota Declares $5.09b Profit, 2.68m Sales In Second Quarter

Toyota Motor Corporation’s operating profit increased by 11 percent in the latest quarter as the automaker tapped growing demand for light trucks. Operating profit rose to 579.1 billion yen ($5.09 billion) in the automaker’s fiscal second quarter ended September 30,...

November 7, 2018 No Responses

Verisure At CILT AGM, Gets National Endorsement

The Nigerian headquarters of the Chartered Institute of Logistics and Transport (CILT), has thrown it weight behind Verisure, an integrated IT solutions and software manufacturing company with head office in the United Kingdom, and operating in Nigeria. This e...

November 7, 2018 No Responses

Cote d’Ivoire Delegation In Nigeria To Tap IITA Youth Agripreneur Model

Cote d’Ivoire, Africa’s largest cocoa producer has sent a delegation to Nigeria to understudy the International Institute of Tropical Agriculture (IITA) Youth Agripreneur (IYA) Model, as part of efforts to revamp its agriculture and address its growing y...

November 7, 2018 No Responses

Buhari: I’m Fully Committed To New National Minimum Wage

President Muhammadu Buhari on Tuesday expressed his commitment to ensuring the implementation of a new National Minimum Wage. Buhari said this in Abuja on Tuesday while receiving the report of the Tripartite Committee on the Review of National Minimum Wage...

November 7, 2018 No Responses

Photo News

President Muhammadu Buhari Receives Prince Charles Of Wales And Wife Duchess Of Cornwall Camilla, At The State House, Abuja, On Tuesday.

November 6, 2018 No Responses

SAHCO To Divest 406,074,000 Shares, Sets Aside 10 Per cent For Workers

Skyway Aviation Handling Company Plc (SAHCO) on Monday announced plans to raise N1.9billion in an Initial Public Offering (IPO). Speaking in Lagos, the Chairman, SAHCO, Dr Taiwo Afolabi, explained that the IPO was being undertaken based on terms of the...

November 6, 2018 No Responses

NLNG Dividend: Nigerian Senate Probes Alleged NNPC’s Diversion

The Nigerian Senate will on Tuesday further probe claims by the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Maikanti Baru, on how and why the corporation allegedly diverted the dividends from the Nigerian Liquefied Natur...

November 6, 2018 No Responses

Labour Suspend Strike

Members of the organised labour union on Monday evening called off the proposed nationwide industrial action initially scheduled to commence on Tuesday to press home workers’ demand for a new national minimum wage. The National Chairman of the Nigeria La...

November 6, 2018 No Responses

Naira Appreciates Against Dollar

The Naira on Monday gained 10 kobo to exchange at N363.64 to the dollar at the investors’ window, stronger than N363.74 posted on Friday. Market turnover at the investors’ window stood at 231.24 million dollars, higher than 226.35 million dollars...

November 6, 2018 No Responses

History Beckons As Georgia Oboh Makes LET Qualifying School finals

Few weeks after competing at the 2018 Youth Olympic Games in Argentina, teenage golf sensation – Georgia Oboh at the weekend Morocco moves closer to making history after qualifying for the finals of the Ladies European Tour (LET) Qualifying School....

November 5, 2018 No Responses

Seaport To Invest In Hydrogen As Fuel

Dutch-Belgian North Sea Port is looking to invest in hydrogen as fuel when opportunities arise, a representative of the port told World Maritime News at Offshore Energy Exhibition & Conference 2018 in Amsterdam. “We recently commissioned a pipeline from ...

November 5, 2018 No Responses

TSA Cost Gulps N16b In Two Years

The Nigeria Government has spent N16 billion on Treasury Single Account (TSA) transaction costs in two years, Accountant-General of the Federation (AGF) Ahmed Idris has said. He said the government would no longer bear the service charge on all payments...

November 5, 2018 No Responses

2019: Opinion Poll Reveals Eight Leading Presidential Candidates

A group of online opinion pollsters-Truly Independent Diaspora Electoral Officers (TIDEO), has sensationally revealed that eight presidential aspirants will come tops in the February 2019 poll. In its release dated November 1, the TIDEO came short of declaring...

November 5, 2018 No Responses

Aviation Workers To Withdraw Services

AVIATION workers will down tools from midnight on Monday in compliance with the call for an industrial action by Labour. The strike is to press the government for the N30,000 minimum wage request. The Federal Government has proposed N24,000 minimum wage,...