City BusinessNews Archives — Page 303 of 369

October 26, 2019 No Responses

Obaseki Congratulates New UNIBEN VC

Edo State Governor, Mr Godwin Obaseki, has congratulated Prof. Lilian Imuetinyan Salami on her emergence as the 10th substantive Vice Chancellor of the University of Benin (UNIBEN).In a statement in Benin, the governor said he was confident that Prof. Salami...

October 26, 2019 No Responses

IMF/World Bank Forum Participant Diagnosed With Chickenpox

A participant at the recent International Monetary Fund/World Bank Annual Meetings held in Washington DC, United States, has been diagnosed with chickenpox.The Secretary of IMF, Jianhai Lin, disclosed this in a statement on Friday, citing a letter from the Was...

October 26, 2019 No Responses

Coscharis Motors To Unveil New Ford Edge October 30

Sole representative of Ford Motor Company in Nigeria, Coscharis Motors has concluded plans to unveil new Ford Edge on October 30, 2019 at the International Conference Centre Annex, Abuja, venue of the 20th Abuja International Motor Fair.According to Abiona Bab...

October 25, 2019 No Responses

Oyo Acquires 300 Hectares For Ibadan Dry Port, Seeks Support From Land Owners

The Oyo State Government has solicited the cooperation of land owners whose properties have been earmarked for the new Ibadan Inland Dry Port to ensure realisation of the project. Under the proposed transformation of the state economy, the new inland...

October 25, 2019 No Responses

Egbemode Emerges Information Commissioner As Oyetola Inaugurates Cabinet

Governor Gboyega Oyetola of Osun on Thursday inaugurated his cabinet, almost a year after he was sworn-in as the governor. Oyetola, who was sworn-in as the governor on Nov. 27, 2018, appointed Mrs Funke Egbemode, the President Nigeria Guild of...

October 25, 2019 No Responses

NPA Condemns Mayhem At Lilypond Transit Truck Park

The Management of Nigerian Ports Authority (NPA) has condemned the invasion of Lilypond Transit Truck Park on Thursday by hoodlums. According to NPA, the Transit Truck Park was invaded by hoodlums who resisted the activities of the Lagos State Task...

October 25, 2019 No Responses

Winners Emerge In NSE Inaugural Hackathon

After a thorough review of entries received, the Nigerian Stock Exchange (NSE) on Thursday announced winners of its maiden edition of X-Kathon competition. X-Kathon is NSE’s first Hackathon designed to encourage Tech enthusiasts to develop innovative F...

October 24, 2019 No Responses

Nigeria To IOCs: Foster Peace In Host Communities

The Federal Government on Thursday admonished International Oil Companies (IOCs) to use culture to foster peace in their host communities.The Minister of Information and Culture, Alhaji Lai Mohammed gave the charge in Port-Harcourt at the maiden Nigerian Agip ...

October 24, 2019 No Responses

Maersk Raises 2019 Profit Forecast To $5.8b

Danish shipping major Maersk has raised its expectations for 2019 profit based on the financials for the third quarter and the updated outlook for freight rates, volumes and bunker fuel prices for the rest of the year.The company said that...

October 24, 2019 No Responses

Russia Pledges Support For Lagos-Calabar Rail Line

The Russian Government has agreed to support development of Nigeria’s rail infrastructure by constructing 1,400 kilometres track from Lagos to the South-South city of Calabar. The development was one of the agreements reached at a meeting between President M...

October 24, 2019 No Responses

Group Seeks Repositioning Of Palm Oil Value Chain

A Non-Governmental Organisation (NGO), Solidaridad West Africa, on Wednesday in Abuja identified the need for Nigeria to set up mechanism to reposition the country’s oil palm value chain as part of measures to enhance rapid economic growth. According t...

October 24, 2019 No Responses

Zenith Bank Declares N150.72b Profit In Q3

Zenith International Bank Plc on Wednesday reported a profit after tax of N150.72 billion for nine months ended Sept. 30, 2019. The profit represented a growth of five per cent when compared to N144.18 billion achieved in the corresponding period...

October 24, 2019 No Responses

Alleged Extortion: Another 26 FRSC officials arrested

Another set of 26 officials of the Federal Road Safety Corps (FRSC) has been arrested for alleged extortion of motorists in different parts of the country. The Independent Corrupt Practices and Other Related Offences Commission (ICPC) disclosed this in a...

October 24, 2019 No Responses

Photo News

L-R: Minister of state Power Mr. Jedy Agba, minister of state mines and steel development Mr. Uche Ogah and minister of Science and Technology Dr. Ogbonaya Onu, at Wednesday Federal Executive Council (FEC) Meeting, At the State House, Abuja