City BusinessNews – Page 273 – City Business News

February 13, 2023 No Responses

Hyundai Donates $2m To Earthquake Victims In Turkey, Syria

Hyundai Motor Group has pledged $2millon for the relief efforts in Turkey and Syria. Under Hyundai Motor Group, Hyundai Motor Company, Kia, and Hyundai Mobis are all contributing to the donations, which will be made through the Korean Red Cross and...

February 13, 2023 No Responses

Catholic Bishops Seek Cash Policy Review

President Catholic Bishops Conference of Nigeria (CBCN), Most Rev. Lucius Ugorji, on Sunday urged the Federal Government to review the new cash policy to ease the hardships it has caused Nigerians. Ugorji made the appeal at the opening of the...

February 11, 2023 No Responses

Photo News

February 10, 2023 No Responses

Unitrust Insurance Gets New MD

Unitrust Insurance Company has appointed Mr Adedayo Arowojolu as Managing Director/Chief Executive Officer (CEO) and Mr Olatunji Anibaba as Executive Director (Technical). In a statement on Thursday, Head, Brand and Customer Service of the company, Ms Sw...

February 10, 2023 No Responses

CBN Attributes Scarcity Of New Naira Notes To Hoarding

Hoarding of the new Naira notes is responsible for its scarcity, the Central Bank of Nigeria (CBN) has said. The CBN Director, Consumer Protection, Mrs Rashidat Mongunu, said this on Thursday while monitoring microfinance banks in Offa, Offa L...

February 10, 2023 No Responses

FG Approves 67 New Broadcast Stations

President Muhammadu Buhari has approved operational licenses for 67 new broadcast outfits, the National Broadcasting Commission (NBC), said on Thursday in Abuja. NBC Director-General Balarabe Ilelah disclosed this while briefing Journalists on the scorec...

February 9, 2023 No Responses

Maersk Explains $29.3b 2022 Profit, Assigns $11b For Integration, Decarbonization

Foremost Container shipping heavyweight, A.P. Moller – Maersk has reported exceptional financial results for the year 2022. Despite the abnormal market conditions caused by the COVID-19 pandemic, the company reported solid performance across all its bu...

February 8, 2023 No Responses

Naira Re-design Won’t Affect 2023 General Election, Says CBN

The Central Bank of Nigeria (CBN) says naira re-design won’t affect the 2023 general election, as it will provide required cash and other support needed for smooth conduct of the poll. Godwin Emefiele, the CBN Governor, said this when he...

February 8, 2023 No Responses

CBN Disburses N1b To Banks In Edo

The Central Bank of Nigeria, CBN, on Tuesday, disclosed that over a billion naira has been disbursed to Edo State in a span of three days to cushion the hardship faced by customers in accessing redesigned naira notes. Director, Risk...

February 8, 2023 No Responses

Transport Firm Delivers 330 Cattle From Europe To West Africa

Intradco Global, world-leading animal transport specialist and part of Chapman Freeborn and Avia Solutions Group, has transported 330 cattle from Europe to West Africa. City Business News reports that the genetic breeding cattle were moved on behalf of a...

February 6, 2023 No Responses

NDLEA Intercepts Europe-Bound Cocaine At Lagos Airport

The National Drug Law Enforcement Agency (NDLEA) has foiled attempts to export large consignments of illicit drugs including cocaine, heroin, methamphetamine and ephedrine to Dubai and Europe. A statement issued on Sunday by the Director, Media and Advoc...

February 6, 2023 No Responses

Eat Less Of Hot, Heavy Food During Hot Season, Says Health Expert

With the hot season advancing fast, Chairman of Nigeria Medical Association (NMA) in Kaduna State, Dr Sheyin Madaki, has cautioned against excessive eating of ‘heavy food’ , especially when such foods are hot. In an interview with the News Agency...

February 6, 2023 No Responses

Shell, NDDC To Reconcile Accounts

The Managing Director of Shell Petroleum Development Company of Nigeria Limited, SPDC, and Country Chair, Shell Companies in Nigeria, Mr. Osagie Okunbor, has pledged to work with officials of the Niger Delta Development Commission, NDDC, to reconcile the statu...

February 6, 2023 No Responses

NPA Partners FRSC On Truck Accidents

The Federal Road Safety Corps (FRSC) is to partner the Nigerian Ports Authority (NPA) as part of measures to address the menace posed by falling trucks in Lagos State. The Lagos Sector Commander of FRSC, Corps Commander, Olusegun Ogungbem...