City BusinessNews – Page 310 – City Business News

October 17, 2020 No Responses

British Airways Fined £20m Over Data Breach

British Airways has been fined £20m ($26m) by the Information Commissioner’s Office (ICO) for a data breach which affected more than 400,000 customers. The breach took place in 2018 and affected both personal and credit card data. The fine...

October 15, 2020 No Responses

Bajaj Auto Signs Jay Jay Okocha As Brand Ambassador

Bajaj Auto, the world’s leading manufacturer of 3-wheelers has partnered with Jay Jay Okocha, to endorse its commercial vehicle range consisting of 3-wheeler and 4-wheeler products. Regarded as Nigeria’s greatest and most skillful sports personality, Ja...

October 15, 2020 No Responses

Nigeria Approves National Policy On Virtual Engagements In Federal Public Institutions

The Federal Executive Council (FEC) has approved a National Policy on Virtual Engagements in Federal Public Institutions, in line with the culture of “the New Normal” lifestyle occasioned by the COVID-19 pandemic. The Minister of Communications and Digital...

October 15, 2020 No Responses

Photo News

L-R, Director General, Securities and Exchange Commission Mr Lamido Yuguda, Commissioner for Insurance, National Insurance Commission Mr Sunday Thomas and Executive Commissioner Corporate Services, SEC Mr Ibrahim Boyi during a Meeting between The SEC ...

October 14, 2020 No Responses

FEC Boosts NRC‘s Security With N1.28b Equipment, N22b For Apapa-Oworonsoki-Ojota Road

The Federal Executive Council (FEC) has approved N1.28billion for the purchase and installation of security equipment at seven stations of the Nigerian Railway Corporation (NRC) along Abuja-Kaduna-Kano lines. The Minister of Transportation, Mr Rotimi Amaechi, ...

October 14, 2020 No Responses

CBN Warns Shipping Lines, Shippers On Export Proceeds Numbers

Non-compliance by shipping lines to the directive by the Federal Government that all export goods leaving the country should carry Nigerian Export Proceeds (NXP) numbers was the focus of discussions during a meeting recently convened by the Central Bank of...

October 14, 2020 No Responses

Ecobank Rewards Xpress Point Agents

Ecobank Nigeria has rewarded its Agency Banking partners, also known as Xpress Point Agents across the six geo-political zones of the country with mouthwatering gifts for their performances from January to September 2020. This reward is coming ahead o...

October 14, 2020 No Responses

CMA CGM’s LNG-Powered Giant Sets World Record

The 23,000 TEU CMA CGM Jacques Saade, the world’s largest LNG-powered containership, has set a world record for the number of full containers loaded on a single vessel. On its departure from Singapore on 12 October, the new flagship of...

October 14, 2020 No Responses

Hyundai Motor Heir Takes Over From Father

Hyundai Motor Group on Wednesday appointed Euisun Chung as group chairman , cementing his succession from his octogenarian father in a move likely to give impetus to the world’s fifth-largest automaker’s push into electric vehicles and flying ...

October 14, 2020 No Responses

Market Capitalisation Recovers N3b

The Nigerian Stock Exchange (NSE) recorded marginal growth on Tuesday, appreciating by 0.02 per cent on renewed bargain hunting to halt downward posture of four consecutive trading sessions. Specifically, the All-Share Index increased by 6.55 points or 0...

October 14, 2020 No Responses

Customs Impounds 1,400 Bags Of Fertilizer, Generates N39.99b In Oyo/Osun

The Nigeria Customs Service (NCS), Oyo/Osun Area Command, has arrested 25 suspected smugglers and seized a total of 1,400 bags of fertilizer. The Customs Area Controller, Comptroller Uche Ngozi, disclosed this on Tuesday in Ibadan while briefing journali...

October 12, 2020 No Responses

FRSC To Clampdown On Trucks With Unlatched Containers

The Federal Road Safety Corp (FRSC) is to monitor truck drivers carrying containers with a view to ensure that unlatched containers are not allowed to move on the highway. The Rivers Sector Commander, Corps Commandant, Salisu Galadunci, made this kn...

October 12, 2020 No Responses

Diri Extols Alamieyeseigha’s Legacies

Bayelsa State Governor, Senator Douye Diri, has described the first civilian governor of the state, the late Chief Diepreye Solomon Peter Alamieyeseigha, as a selfless leader that always ensured the interest of the Ijaw nation was placed above other considerat...

October 10, 2020 No Responses

Customs Generates N13.11b From Onne Seaport In September

For the month of September, 2020, the Nigeria Customs Service (NCS), Area II Command, Onne Port, Rivers State generated over N13.11 billion. A statement issued on Friday by the command’s Public Relations Officer, Mrs Ifeoma Ojekwu quoted the Controller...