Business – Page 437 – City Business News

May 23, 2018 No Responses

Minister: Nigeria Records $83b Investment Commitment In 15 Months

Nigeria recorded a total investment commitment of 83 billion dollars between January 2017 and March, Mr Okechukwu Enelamah, the Minister of Industry, Trade and Investment, said. Enelamah spoke in Abuja on Tuesday at the opening session of the Direct Investors...

May 23, 2018 No Responses

NBA Seeks Collaboration with SEC

The Nigeria Bar Association (NBA) is seeking collaboration with the Securities and Exchange Commission (SEC) in the Commission’s efforts to deepen the capital market. Chair NBA Section on Business Law (SBL) Mr. Olumide Akpata, made the call when members of.....

May 23, 2018 No Responses

Monetary Policy Committee Meeting Communiqué

The Monetary Policy Committee (MPC) met on the 21st and 22nd of May, 2018 against the backdrop of optimistic global growth outlook and sustained recovery in the domestic economy. The Committee examined the performance, risks, vulnerabilities in the global and....

May 23, 2018 No Responses

Nigeria Invests $10b In Infrastructure In Three Years

The Vice-President, Prof. Yemi Osinbajo, says the Federal Government has invested close to 10 billion dollars in infrastructure development in the last three years. He said the investment which focused on roads, power and a new national rail network,...

May 23, 2018 No Responses

KPMG: Manchester United Is Worth €3.25b, ‘Remains Most Valuable Club In Europe’

Manchester United has again been named most valuable European football club, being worth about €3.25bn (£2.9bn) says business services group KPMG. The English club tops KPMG’s study of top sides’ “enterprise value”, ahead of Real ...

May 23, 2018 No Responses

Catholic faithful, Others Hold Peaceful Protest

Catholic faithful across Nigeria on Tuesday staged peaceful protests to register their disapproval and grievances against the killings of innocent people, the bombing of churches by Boko Haram insurgents, militia and killer herdsmen. The protesters said the ac...

May 23, 2018 No Responses

UBA To Reward Loyal Customers In ‘Refer-a-Friend’ Campaign

Pan-African Financial Services Institution, United Bank for Africa (UBA) Plc will be rewarding its loyal customers who refer friends and family to the bank in its new diaspora campaign. The campaign is designed to reward customers of the bank who...

May 23, 2018 No Responses

East Africa Records 54 Piracy Attacks In 2017

The number of piracy incidents doubled off the coast of East Africa in 2017 compared to 2016, according to the annual State of Piracy report released by One Earth Future’s (OEF) Oceans Beyond Piracy program. The report analyzes the human...

May 22, 2018 No Responses

Sony Acquires 90 % Stake In EMI Record With $2.3Billion

Sony says it has agreed to buy a controlling stake in EMI Music Publishing for $2.3bn (£1.71bn) as it looks to boost its music portfolio. The deal would mean Sony would indirectly own about 90% of the record label and...

May 22, 2018 No Responses

Minister: 15 Revenue-Generating Agencies Did Not Remit N8.1trillion To Federation Account

The Minister of Information and Culture, Alhaji Lai Mohammed, has said 15 revenue generating agencies of the federal government failed to remit N8.1 trillion to the Federation Account between 2010 and 2015. The Minister made the disclosure in Osogbo, Osun St...

May 22, 2018 No Responses

Winners Emerge In First Bank Visa Gold Card Promo

First Bank of Nigeria Limited in partnership with Visa International has announced the emergence of two lucky winners, Mrs. Hadizat Bello and Mr. Ado Ibrahim Idris, in the just concluded FirstBank Visa Gold card issuance and usage promo. The promo...

May 22, 2018 No Responses

Lufthansa Makes Emergency Landing With 204 Nigerian passengers

A Lufthansa Airlines aircraft, flight LH569 from Nigeria to Frankfurt, Germany early Monday morning made an emergency landing at the TMR Airport in Algiers, Algeria over “electrical smell” in the cabin. The aircraft, Airbus A330, which departed the Murtala...

May 22, 2018 No Responses

COSCO Shipping In Strategic Alliance With GLP, Eshipping

In an effort to boost growth, COSCO Shipping Ports has entered into a strategic alliance with GLP and Eshipping to develop terminal extended services and port supply chain platform. The port operator has signed a cooperation memorandum of understanding (MOU...

May 22, 2018 No Responses

Pastor In Police Net For Allegedly Killing Woman With Concoction

The police in Lagos said they have arrested a 34-year-old Celestial Church pastor for allegedly giving a deadly concoction to one Ramat Audu which eventually resulted in her death. Lagos State Commissioner of Police, CP Edgal Imohimi, told newsmen on...