Business – Page 412 – City Business News

August 5, 2018 No Responses

Overland Airways Explains West Coast Expansion Agenda

Expansion of flight operations to West Coast will further increase passengers’ experience, Overland Airways has said. The airline, which is set to commence operations from its base in Lagos, Nigeria to Cotonou, Republic of Benin and Lome, Togo Republic from...

August 5, 2018 No Responses

Toyota Posts 7.2% Increase In Profits

Japanese car giant Toyota has posted a 7.2% jump in quarterly net profits, beating expectations and surprising analysts. Net income came to 657.3bn yen ($5.88bn; £4.52bn), up from the 613.0bn yen recorded in the same period a year earlier....

August 5, 2018 No Responses

Critical Roles Of Tyre Care, Maintenance, By Infinity

Leading tyre, battery and auto parts marketing company, Infinity Tyres has highlighted the importance of keeping an eye on the quality and quantity of air in tyres during and after each trip. The Brand Manager, Infinity Tyres, Rajendra Vishwakarma who raise...

August 4, 2018 No Responses

Special Anti-Piracy Operation Gets Extension

European shipowners have welcomed the EU’s decision to extend the Operation Atalanta until the end of 2020. On July 30, the European Council decided to extent the mandate of EU NAVFOR Somalia’s operation until December 31, 2020. The objectives of...

August 4, 2018 No Responses

Coscharis Unveils Fresh Agenda For Jaguar E Pace, Range Rover Velar, Discovery in Nigeria

The Coscharis Jaguar Land Rover dealership is to sustain its association with Coca Cola Nigeria, the official sponsor of the ‘Road to Mauritius Golf Tournament’ scheduled for August 4, 11 and September 15, 2018 across Ibadan, Abuja and Lagos respectively;....

August 4, 2018 No Responses

Bentley Celebrates 100 Years Of Innovations

The year 2019 marks Bentley’s 100th year of operation and the brand has revealed its first celebration plan. To mark the milestone date, Bentley will release a limited edition book covering a century of operations and the brand’s future....

August 4, 2018 No Responses

Nigeria To Boost Auto Sector With N300B

The Nigerian Government is to inject N300bn into the nation’s vehicle assembly plants as part of measures to accelerate the development of the automotive industry. The Director-General, National Automotive Design and Development Council, Jelani Aliyu, who...

August 3, 2018 No Responses

Edo Slashes C-of-O Processing Fee To N50,000

Edo State Government has slashed to a minimum of N50,000 the cost for processing Certificate of Occupancy (C-of-O), assuring a 30-day turnaround for processing land titles. The State Governor, Godwin Obaseki, who disclosed this during an inspection of ong...

August 3, 2018 No Responses

Okomu Oil Donates Borehole To Odiguetue Community

The people of Odiguetue community in Ovia North L o c a l Government area of Edo state have commended Okomu Oil Palm Company for giving them another borehole, bringing the total borehole sank by Okomu Oil in the Odiguetue...

August 3, 2018 No Responses

Nigeria Explains $823m For Abuja Light Rail Project

The Federal Government on Thursday said that the 823 million dollars spent on 45.245 km Abuja light rail mass transit, inaugurated by President Mugammadu Buhari on July 22, was justifiable. The Minister of Information and Culture, Alhaji Lai Mohammed who...

August 3, 2018 No Responses

UK Deports 36 Nigerians

Barely a week after about 40 Nigerians were deported from Europe for immigration offences, another batch of Nigerians were on Wednesdayextradited from United Kingdom for similar offences. This time around, 36 Nigerians comprising 33 males and three females wer...

August 3, 2018 No Responses

Nigeria Impounds 4,668.880kg Of Illicit Drugs In Seven Months

The National Drug Law Enforcement Agency (NDLEA) has impounded a total of 4,668.880kg of illicit drugs between January and July this year from the Murtala Muhammed International Airport (MMIA), Lagos alone. The command also said that it apprehended 43 suspects...

August 3, 2018 No Responses

NSE Photo News

L – R shows Mr. Haruna Jalo-Waziri, Managing Director/CEO, Central Securities Clearing System (CSCS) Plc; Mr. Oscar N. Onyema OON, Chief Executive Officer, The Nigerian Stock Exchange (NSE); General (Dr.) Yakubu Gowon GCFR (rtd), Chairman, Notore Chemical...

August 2, 2018 No Responses

Buhari: No Development Without Stability

Development is usually the first casualty in an unstable polity, says President Muhammadu Buhari. The President made the declaration Wednesday while receiving President Adama Barrow of The Gambia at State House, Abuja. “The best route to national developm...