Business – Page 411 – City Business News

August 9, 2018 No Responses

NSE Photo News

L – R: Hon. Yusuf Tajudeen, Chairman, House Committee on Capital Markets and institutions; Mrs. Patience Oniha, Director General, Debt Management Office (DMO); Mr. Bola Onadele Koko, Trustee, ASEN, CEO, FMDQ OTC Securities Exchange; Mrs. Zaheera Baba-Ari, Trustee Managing Director/CEO,...

August 9, 2018 No Responses

Akpabio: Uncommon Change Has Come To Akwa Ibom

Former Senate Minority Leader, Obong Godswill Akpabio says his decision to decamp from the People’s Democratic Party (PDP) to the ruling All People’s Congress (APC) was in national interest. Akpabio, the immediate past Governor of Akwa Ibom, stated this ...

August 8, 2018 No Responses

Nigeria Boosts Forex Market With $210m

Citing need to boost forex availability and meet customers’ requests in various segments of the market, the Central Bank of Nigeria (CBN) on Tuesday injected $210 million into the inter-bank Foreign Exchange (forex) Market. At the forex trading, the CBN...

August 8, 2018 No Responses

Seiyefa Is New DSS BOSS

Acting President Yemi Osinbajo has appointed Mr Matthew Seiyefa as the Acting Director-General, Department of State Services (DSS), following the sack of the former Director-General Lawal Daura, on Tuesday. Seiyefa was before his new appointment the most sen...

August 8, 2018 No Responses

Empowerment Scheme: NLNG Graduates 84 Youths

Eighty-four (84) youths have become the latest batch of trainees to emerge from Nigeria LNG (NLNG)’s skill acquisition and capacity building programme,Youth Empowerment Scheme (YES). YES is one of NLNG’snumerous initiativesdesigned to make youths y in it...

August 8, 2018 No Responses

Maersk Lowers Profit Forecast amid Uncertainties

A.P. Møller – Mærsk A/S has downgraded its profit guidance for 2018 amid growing uncertainties on the market impacting container freight rates including geopolitical risks, high bunker prices and trade tensions. As a result, Maersk forecasts that its EBITD...

August 7, 2018 No Responses

Mercedes-Benz Records 1.35m Sales In Seven Months

Mercedes-Benz has sold 1,356,350 vehicles in the first seven months of this year, which is an increase of 2.3% and a new record. According to the foremost auto firm, Last month was the second-best July in the history of the...

August 7, 2018 No Responses

Air Peace Commences Kaduna Route August 13

Air Peace is to commence daily flight services from its base in Lagos to Kaduna Airport from August 13 as part of its no-city-left-behind project. A statement by Mr. Chris Iwarah, Corporate Communications Manager, Air Peace said the carrier was...

August 7, 2018 No Responses

Dunlop Unveils New SP FM800 In Nigeria

Sumitomo Rubber South Africa (PTY) LTD (SRSA), manufacturer of the popular Dunlop tyre brand, launched the Dunlop High Performance Sport SP FM800 tyre at its dealer meet in Lagos, Nigeria on 18 July in partnership with Tyre Express Nigeria Limited....

August 7, 2018 No Responses

PenCom Begins Verification Of 2,700 Retiring Workers

THE National Pension Commission (PenCom) has commenced verification and enrolment of over 2,700 employees of the Federal Government’s Ministries, Departments and Agencies (MDAs). Head, Corporate Communications, Peter Aghahowa, in a statement explained th...

August 7, 2018 No Responses

FAAN Condemns Invasion Of Sokoto Airport

The Federal Airports Authority of Nigeria (FAAN) has condemned in absolute terms the invasion of the runway of Sultan Abubakar III International Airport, Sokoto, by loyalists of the former Governor of Sokoto State, Aliyu Wamakko. FAAN said in a statement...