City BusinessNews Archives — Page 281 of 369

January 25, 2020 No Responses

Fidelity Bank Harps On Youth Empowerment, Rewards Customers

To curb crime and unemployment in the country, the Managing Director, Fidelity Bank Plc, Mr Nnamdi Okonkwo has emphasized need for youth empowerment.Speaking in Lagos on Saturday during Fidelity Bank appreciation party themed; ‘Give them Wings’, Okonkwo said the Bank...

January 25, 2020 No Responses

Experts Caution Against Unprescibed Use Of Sex Stimulants

Some experts have cautioned against excessive and sometimes unprescribed use of sex stimulant in view of its health implications.The News Agency of Nigeria (NAN) reports that sex stimulants could be found in orthodox and natural forms, including herbs, foods a...

January 25, 2020 No Responses

MTN Empowers 2,000 Retailers With Special Kiosks

MTN Nigeria is to empower over 2,000 retailers across the country with its “Kiosk as a Service” scheme.The “Kiosk as a Service” is a scheme that empowers retailers with an omnibus stall that enables each retailer to provide MTN’s bouquet...

January 24, 2020 No Responses

FG Raises Committee On Disbursement Of N70b Cabotage Fund

The Minister of Transportation, Mr Rotimi Amaechi on Thursday in Lagos set up a committee to develop guidelines for disbursing $200million (N70 Billion) Cabotage Vessel Financing Fund (CVFF). The Minister explained that the panel, selected from amo...

January 23, 2020 No Responses

SAHCO Secures Ethiopian Airlines Ground Handling Contract

The Skyway Aviation Handling Company (SAHCO) PLC has secured contract to provide ground handling services to Ethiopian Airlines at the Mallam Aminu Kano International Airport, Kano, Nigeria. A statement issued on Wednesday Manager, Corporate Communications, Ua...

January 23, 2020 No Responses

Stallion Motors-Hyundai Rewards Customer

Stallion Motors – Hyundai and LG recently rewarded Mr. Ebun Sofunde San. In a raffle draw promotion, the happy customer took home an LG Dual cool high end AC Unit. Stallion Group Company, Hyundai Motors registered high sales in 2019...

January 22, 2020 No Responses

Toyota Recalls 3.4m Vehicles Worldwide

Citing electronic defect that can result in air bags not deploying in crashes, Toyota Motor Corporation said on Tuesday that it will recall 3.4 million vehicles worldwide The recall, which includes 2.9 million US vehicles, covers 2011-2019 Corolla, 2011-2013 M...

January 20, 2020 No Responses

Abia, Anambra PDP Protest Supreme Court’s Verdict On Ihedioha

The Peoples Democratic Party (PDP) in Abia and Anambra on Sunday marched round the major streets of Umuahia and Awka capital cities to protest against the Supreme Court’s judgment that sacked Chief Emeka Ihedioha as governor of Imo. Ihedioha, who...

January 19, 2020 No Responses

Firm Seals Charter Deal With Maersk, MSC

German shipping major Hapag-Lloyd has signed a space charter agreement with the members of the 2M Alliance – Maersk and Mediterranean Shipping Company (MSC). Under the arrangement, the space charter deal will give Hapag-Lloyd access to selected services of 2...

January 17, 2020 No Responses

“Nigeria Not Ready For Implementation Of Eco Single Currency”

Nigeria is not yet ready for the implementation of the ECOWAS Single Currency (Eco) in 2020,Minister of Foreign Affairs, Geoffrey Onyeama has saidOnyeama, who made this known on Thursday in Abuja while speaking with Journalists, explained that Nigeria’s posi...

January 17, 2020 No Responses

FG, States, LGs Share N716.2b

The Federation Accounts Allocation Committee (FAAC) has shared N716.298 billion to the three tiers of government for the month of December 2019.The Permanent Secretary, Ministry of Finance, Budget and National Planning, Alhaji Isa Dutse disclosed this while ad...

January 17, 2020 No Responses

Market Capitalisation Recovers N150b

After two days of loss, trading activities rebounded on the Nigerian Stock Exchange (NSE) on Thursday following investors’ interest in some highly capitalised equities.Specifically, the market capitalisation of listed equities grew by N150 billion or one per...

January 16, 2020 No Responses

New Kia Carnival Debuts

Kia Motors has unveiled new Carnival, its next offering in the Indian market after Seltos.The company in statement explained that Prices and further details of the new MPV and its variants will be revealed at its launch at the upcoming...

January 16, 2020 No Responses

Katsina Bans Use Of Motorcycles, Tricycles

Governor Aminu Masari of Katsina State has signed an Executive Order restricting the use of motorcycles and tricycles between 7pm and 6am across the state with effect from January 20. The state Attorney General and Commissioner of Justice, Alhaji A...