City BusinessNews Archives — Page 246 of 324

November 27, 2019 No Responses

FRSC Records 8,527 Road Accidents, 4,163 Deaths In 11 Months

The Federal Road Safety Corps (FRSC) recorded 8,527 Road Traffic Crashes (RTC) across Nigeria between January and Wednesday, November 27, 2019.According to the Corps Public Education Officer, (CPEO) Mr Bisi Kazeem, 4,163 people were killed in the crashes during the...

November 27, 2019 No Responses

NPA Photo News

L-R: The Representative of the Managing Director and Executive Director, Marine and Operations, NPA, Dr. Sokonte Hutttin Davies, the Chief Executive Officer (CEO), Port of Antwerp Int’l APEC, Kristof Watersehoot, the Ambassador of Belgium,His Excellency, ...

November 27, 2019 No Responses

BMW Sets Aside €7.3b For Battery Cell

BMW Group has announced that it will significantly increase its battery cell orders from Chinese company Contemporary Amperex Technology Co. Ltd (CATL), in order to boost its vehicle electrification program.BMW Group has also informed in a release that the ord...

November 27, 2019 No Responses

Kano 40th Trade Fair To Host 150 Countries

No fewer than 150 foreign countries and 15 Nigeria states are expected to participate at the Kano 40th Trade Fair scheduled to begin December 30, 2019.This was disclosed on Wednesday by the Acting President, Kano State Chamber of Commerce, Amb....

November 27, 2019 No Responses

Senate Seeks Speedy Completion Of Ajaokuta-Otukpo Rail Line

The Nigerian Senate has urged the Federal Ministry of Transportation to immediately take steps to ensure completion of the construction of the Ajaokuta-Otukpo rail line. The upper chamber also advised the Ministry to incorporate construction of siding ra...

November 27, 2019 No Responses

NPA Photo News

L-R: The representative of the Managing Director and Executive Director, Marine and Operations, Nigerian Ports Authority, Dr. Sokonte Huttin Davies and the President, Africa Association of Professional Freight Forwarders and Logistics of Nigeria (APFFLON), Otu...

November 27, 2019 No Responses

Access Bank Introduces Free Banking For Senior Citizens

Access Bank Plc has introduced a special account designed to provide Nigerians age 60 and above with free financial and lifestyle support services. Mr Victor Etuokwu, the Executive Director, Retail Banking, Access Bank Plc disclosed this in a statement on...

November 27, 2019 No Responses

NSE Market Indices Down 0.56%

The upward trend recorded by the Nigerian Stock Exchange (NSE) for some days now was halted on Tuesday following profit taking by some investors. Specifically, the All-Share Index dipped 152.45 points or 0.56 per cent to close at 26,883.33 compared...

November 26, 2019 No Responses

SEC Nigeria Approves N154.62b New Securities In Q3

The Securities and Exchange Commission (SEC) approved new securities worth N154.62 billion in the third quarter of 2019. The commission disclosed this in its current Nigerian Journal of Securities Market obtained by the News Agency of Nigeria (NAN) in Lagos...

November 26, 2019 No Responses

NPA Photo News

R-L: The Managing Director, Nigerian Ports Authority (NPA), Hadiza Bala Usman, Representative of the Governor of Lagos State and Commissioner for Establishment, Training & Pension, Jibola Ponle, and the Deputy Secretary General, United Nations, Amina Moham...

November 26, 2019 No Responses

Nestle, Presco, Others Lift Market Capitalisation By N22billion

Transactions on the floor of Nigerian Stock Exchange (NSE) reopened on a positive note on Monday as the market capitalization gained 0.16 per cent, extending the bullish run to five consecutive trading sessions. At the end of the day’s transactions,...

November 26, 2019 No Responses

Photo News

Nigeria Ambassador to Portugal, Ngozi Ukaeje, Togo Foreign Affairs Minister, Dr Robert Dussey & DG Of NIMASA in Lisbon Portugal. Dr Peterside was a keynote speaker at the seminar organized by the Portuguese ministry of Defense

November 26, 2019 No Responses

Uber Loses Licence In London

Transport for London (TfL) on Monday refused to give the ride-hailing company Uber, a new licence to operate in London over safety and security concerns. The licensing body said in a statement that “TfL has identified a pattern of failures...

November 25, 2019 No Responses

Maersk, Firm Seal Partnership On 11 New Ships

Danish tanker owner and operator Maersk Tankers is set to add eleven tankers to the fleet under its management, following an agreement with BP Shipping and ICBC Financial Leasing. The agreement involves three Suezmax, three MR and five Handy-sized vessels,...