City BusinessNews Archives — Page 243 of 324

December 6, 2019 No Responses

Kia Unveils New Plant In India, Employs 3,000 Workers

Kia Motors on Thursday inaugurated car manufacturing facility at Anantapuramu in Indian. The ceremony was performed by Chief Minister, Y S Jagan Mohan Reddy and accompanied by Kia’s top executives. According to agency reports, the Chief Minister went round the...

December 6, 2019 No Responses

BMW Sues Firm Over Price Fixing

BMW is suing two of its suppliers over price fixing on air conditioning components. The German carmaker is suing France’s Valeo and Japan’s Denso for damages of 141 million euros ($155.4 million). Agency Reports explained that the case ...

December 5, 2019 No Responses

Nigeria To Fast-Track Rescue Of 19 Kidnapped Tanker Crew

– Three days after nineteen crew members of a tanker vessel were kidnapped by pirates off Bonny Island, Nigeria, the Nigerian Maritime Administration and Safety Agency (NIMASA) has announced its readiness to fast-track maritime security architecture.Acco...

December 5, 2019 No Responses

Senate Passes 2020 Appropriation Bill, Raises Budget To N10.594Tri

The Senate, on Thursday at plenary, passed the 2020 budget of N10.594 trillion as against N10.33 trillion presented by President Muhammadu Buhari on Oct. 8.The passage followed the consideration and adoption of the report of Senate Committee on Appropriation.T...

December 5, 2019 No Responses

Neimeth, Cornerstone, Emerge Best Performing Stocks In November

Neimeth, Cornerstone Insurance and Chams have emerged as the best performing equities on the Nigerian Stock Exchange (NSE) in the month of November.Data obtained by the News Agency of Nigeria (NAN) indicates that Neimeth led eight others to emerge as...

December 5, 2019 No Responses

NSE Photo News

L – R: Olumide Bolumole, Head, Listing Business Division, The Nigerian Stock Exchange (NSE); Bunmi Popoola-Mordi, Executive General Manager Total Country Services/Company Secretary; Oscar N. Onyema, OON, Chief Executive Officer, NSE; Imrane Baxter, Managing ...

December 5, 2019 No Responses

NPA Photo News

L-R: The Managing Director, Nigerian Ports Authority (NPA), Hadiza Bala Usman and the Commissioner of Police, Ports Authority Police Western Command, Cyril Okoro who paid a courtesy call to the MD at the NPA Corporate Headquarters in Lagos.

December 5, 2019 No Responses

Senate Summons NIMASA DG Over N263.89b Security Contract

The Senate Joint Committee on Navy, Marine Transport and Finance on Wednesday, asked the Director-General, Nigeria Maritime Administration and Safety Agency (NIMASA), Dakuku Peterside, to appear before it unfailingly on Thursday. The committee is investigating...

December 5, 2019 No Responses

SAHCO Photo News

L:R Barrister Abdumalik, Vice President, Northern Youth Council of Nigeria, (NYCN); Basil Agboarumi, Managing Director/CEO, Skyway Aviation Handling Company PLC (SAHCO), being presented with award as Garakuwan Matassan Arewa/ICON of Nation Building by the Nort...

December 5, 2019 No Responses

Stakeholders Seeks Effective Implementation Of Agric Policies

Stakeholders in the agricultural sector have called for effective implementation of agricultural policies for national development. The stakeholders made the call in a communiqué issued on Wednesday in Ilorin at the close of the two-day programme tagged “Fa...

December 5, 2019 No Responses

NSE All-Share Index Down By 0.02%

Transactions on the Nigerian Stock Exchange (NSE) on Wednesday maintained a negative outlook for the third consecutive trading sessions. The News Agency of Nigeria (NAN) reports that the All-Share Index dropped marginally by 0.02 per cent due to sell-off in...

December 5, 2019 No Responses

Honda Records 50 Per Cent Drop In Sales

Honda Cars India Limited (HCIL) has reported 50.33 per cent decline in domestic sales to 6,459 units in November as against 13,006 units in the same month last year.“Our sales numbers are better than our plan for the month,” HCIL...

December 4, 2019 No Responses

Buhari Approves Appointment Of Nine Permanent Secretaries

President Muhammadu Buhari on Wednesday approved the appointment of nine permanent secretaries.Mrs Folasade Yemi-Esan, acting Head of Civil Service of the Federation (HCSF), made this known in a statement issued by Mrs Olawunmi Ogunmosunle, Director, Communica...

December 4, 2019 No Responses

NLNG Photo News

(L-R) GMD, Aiteo Eastern Exploration & Production Co. Ltd., Victor Okoronkwo; Executive Secretary, NCDMB, Engr. Simbi Wabote; Minister of State for Petroleum Resources, Chief Timipre Sylva; NLNG MD, Tony Attah; Emmanuel Uleh, Head, NC Compliance Assuranc...