Business Archives — Page 409 of 566

October 10, 2017 No Responses

Porsche seeks $235m damages from Audi over diesel scandal

There’s trouble in Volkswagen paradise as Porsche begins litigation against its sister-brand Audi, alleging that the auto manufacturer’s role in the Dieselgate scandal has cost the luxury automaker upwards of $234 million, Reutersreports. In 2015, Volkswagen group admitted fault in...

October 10, 2017 No Responses

FBNHoldings appoints Oluseye Kosoko Company Secretary

FBN Holdings Plc has announced the appointment of Oluseye Kosoko as Company Secretary subject to regulatory approval. In the same vein, Tijjani Borodo, the outgoing Company Secretary will still be around for the next few months to navigate a...

October 10, 2017 No Responses

Coronation Merchant Bank Photo News

L – R shows Onome Komolafe, Executive Director, Enterprise Support, Coronation Merchant Bank; Ade Bajomo, Executive Director, Market Operations and Technology, The Nigerian Stock Exchange (NSE); Abubakar Jimoh, Managing Director, Coronation Merchant Bank; Ai...

October 10, 2017 No Responses

Group Protests in Abuja, asks Edo CP to comply with redeployment

Indigenes of Edo State under an umbrella group called Concerned Citizens of Edo State have demanded that the State’s Commissioner of Police, Mr Haliru Gwandu should immediately comply with his redeployment by the Police Service Commission (PSC). The gro...

October 10, 2017 No Responses

Buhari mourns Gen. Malu

President Muhammadu Buhari extends heartfelt condolences to the Malu family as well as the government and people of Benue State on the death of Lt. General Victor Malu (retired), a former Chief of Army Staff (COAS). President Buhari also commiserates...

October 9, 2017 No Responses

NADDC Boss seeks involvement of more banks in auto financing

By Moses Ebosele, ebosele@hotmail.com – The National Automotive Design and Development Council (NADDC), is to strengthen some components of the National Automotive Industry Development Plan (NAIDP). Under the arrangement, a fund is to be establ...

October 9, 2017 No Responses

Shareholders task SEC on Oando crisis

Based on the directive given to the Securities and Exchange Commission (SEC) by the House Committee on Capital Market and Institutions to investigate allegations of financial impropriety and mismanagement of Oando Plc, shareholders of the company have cautione...

October 8, 2017 No Responses

UBA kicks off 4th annual essay competition

UBA Foundation, the corporate social responsibility arm of the United Bank for Africa Plc, is calling on all Senior High School students in Ghana to participate in the 2017 edition of the National Essay Competition (NEC). Launched in 2014...

October 8, 2017 No Responses

South African Regulator Approves Maersk Line’s Deal

South Africa’s competition tribunal has cleared Maersk Line’s proposed acquisition of German liner company Hamburg Süd. “The clearance is conditional upon Hamburg Süd’s withdrawal from the SAAF vessel sharing agreement operating in the South Africa...

October 8, 2017 No Responses

Buhari congratulates victorious super eagles

President Muhammadu Buhari has congratulated the Super Eagles on their victory Saturday over the Chipolopolo of Zambia at the Godswill Akpabio International Stadium, Uyo, Akwa Ibom State. The President, who described the hard-earned victory as “very swee...

October 8, 2017 No Responses

More winners emerge in Access Bank family fortune promo

More winners have emerged from the ongoing Access Bank Family Fortune Promo as the Bank rewards 118 customers in the second monthly selection of winners. The event which held at the Bank’s Alausa Branch in Ikeja produced 50 customers who...

October 7, 2017 No Responses

Hyundai global brand value hits $13.2b

Hyundai has maintained its position as one of the world’s 40 most valuable brands for the third year in a row, according to the latest Best Global Brands report from respected international consultancy Interbrand. The carmaker retained its place...

October 7, 2017 No Responses

Four Journalists emerge winners of PwC media excellence awards, gets N2million

By citybusinessnews@yahoo.com – Out of 123 entries, four Nigerian Journalists have emerged winners of the 2017 PwC’s media excellence awards. The award ceremony was held on Friday evening in Lagos and had in attendance print, electronic and...

October 7, 2017 No Responses

NPA boss reiterates commitment to safety standards

The Managing Director of Nigerian Ports Authority (NPA), Hadiza Bala Usman has reiterated the commitment of the organisation to Safety Standards for all aspects of operations at the nation’s Seaports. She expressed this commitment in her remarks at the...