City Bsusinessnews Archives — City Business News

August 6, 2020 No Responses

Osun Unveils N100m Post COVID-19 Economic Intervention Programme

Governor of Osun State, Gboyega Oyetola of Osun on Thursday launched the N100 million Post COVID-19 Economic Intervention Pilot Programme to mitigate the effects of the raging Coronavirus pandemic on the people of the state. Oyetola said at the...

August 5, 2020 No Responses

Heirs Holdings Appoints Dan Okeke Group Executive Director

Pan-African investment company, Heirs Holdings (HH) has announced the appointment of Dan Okeke as Group Executive Director. A statement explained that the appointment took effect from August 01, 2020, adding that Mr Okeke joins ...

June 21, 2020 No Responses

FIFA Explains Evaluation Of Colombia’s Bid To Host 2023 Women’s World Cup

FIFA is standing by its technical evaluation of Colombia’s bid to host the 2023 Women’s World Cup. It has now told the country’s unhappy football chief that the assessment was conducted in a “highly objective” manner. Colombian Football Federation pr...

April 16, 2020 No Responses

Suzuki Suspends Production Till Further Notice

Japanese car manufacturer, Suzuki Motor Gujarat Private Limited (SMG) India has suspended production of cars till further notice. Citing latest government directive on the COVID-19, the company explained that it will be extending the suspension of ...

April 7, 2020 No Responses

COVID-19: UITH Suspends Consultant Over Alleged Unethical Conduct

The University of Ilorin Teaching Hospital (UITH) on Monday announced the suspension of Prof. Alakija Salami as a Senior Consultant from the hospital. The management said in a statement signed by Mr David Odaibo, the Director of Administration of UITH,...

November 29, 2019 No Responses

Suzuki Records 8.8% Drop In Sales

Suzuki on Thursday reported a decline of 8.8 per cent in its sales to 49,419 units for October 2019 in Japan, compared with 54,205 units sold in October 2018. Standard and small vehicles, also witnessed a dip of 22.3 per...

November 25, 2019 No Responses

Amaechi, Fashola, Others To Brainstorm With Stakeholders At Transport Summit

The Minister of Transportation, Rotimi Amaechi, Minister of Aviation, Mr. Hadi Sirika, Minister of Works and Housing, Mr. Babatunde Fashola, and Minister of State for Transportation, Senator Gbemi Saraki, will be leading the pack of guests of honours at the....

August 29, 2019 No Responses

Toyota, Suzuki Seal New Alliance

Toyota Motor Corporation and Suzuki Motor Corphave have entered into a capital tie-up in order to develop and promote a long-term partnership between the two companies. “The execution of the capital alliance agreement is a confirmation and expression of ...

August 22, 2019 No Responses

Suzuki XL6 Debuts

Maruti Suzuki has launched its new premium MPV XL6. Based on the Maruti Suzuki Ertiga MPV, this new model comes as a six-seater and with BS-VI compliant petrol powertrain only. Maruti Suzuki XL6 comes with a fresh styling that makes...

August 6, 2019 No Responses

Suzuki Declares 46% Drop In Profit

Suzuki Motor Corporation on Monday reported a 46.2% fall in first-quarter operating profit, hurt by lower output at home as it improves its inspection systems, and falling demand in India, its biggest market.Japan’s fourth-largest automaker posted an ope...

July 27, 2019 No Responses

Kia To Roll Out Seltos SUV July 31

South Korean auto major, Kia Motors is all set to roll out its first made in India mid-SUV, Kia Seltos, from its plant located in Anantapur in Andhra Pradesh on July 31. “Kia Motors will roll out the first car...

June 14, 2019 No Responses

Heritage Bank Secures CIBN Nod On Academy, Trains 300 New Employee

In line with its commitment to ensure greater efficiency and boost its workforce, Heritage Bank Plc has received a nod from the Chartered Institute of Bankers of Nigeria (CIBN) for its establishment of a full-fledged learning and development institute, with...

June 13, 2019 No Responses

Daewoo Secures Order For Another LNG Carrier

South Korea’s Daewoo Shipbuilding & Marine Engineering (DSME) has secured another LNG carrier order from Maran Gas Maritime.The Greece-based shipowner, part of Angelicoussis Shipping Group, ordered the 174,000 cbm unit on June 12. The vessel will be buil...

April 17, 2019 No Responses

Court Clears Suspended SEC DG

High Court of the Federal Capital Territory, Abuja, has dismissed corruption charges involving alleged mismanagement of about N115m preferred against the suspended Director General of the Security and Exchange Commission, Mounir Gwarzo; and a...