City BusinessNews Archives — Page 315 of 327

March 29, 2019 No Responses

Tata Delivers 1.1m Vehicles In 2018

For the year 2018, Tata Motors sold 1.049 million units. Tata Motors has become the first Indian automaker to cross the one-million-sales mark, beating Chinese giants Changan and SAIC, to be the world’s 16th largest light vehicles company. Tata Motors sold...

March 29, 2019 No Responses

Firms Seal 12-Year LNG Deal

Monaco-based LNG carrier owner and operator GasLog has entered into a 12-year fixed-term charter with Japan’s JERA for a newbuild LNG carrier. GasLog signed the agreement with LNG Marine Transport Limited, the principal LNG shipping entity of JERA. The vesse...

March 28, 2019 No Responses

FG, States, LGs Share N619.85b

The Accountant-General of the Federation (AGF), Mr Ahmed Idris, on Wednesday said the Federal Government shared N619.85 billion, as revenue generated in February to the three tiers of government. The amount showed an increase of about N9.49 billion from what.....

March 28, 2019 No Responses

Bajaj Unveils New Motorcycle

Two-wheeler manufacturer, Bajaj Auto has announced the launch of Patina 100 Kick Start (KS), regarded as entry-level motorcycle. Commenting on the introduction of the new variant, Sarang Kanade, President Motorcycle Business said “...

March 28, 2019 No Responses

Air Peace Strengthens Asaba Operations With B737 Aircraft

Air Peace on Wednesday deployed a Boeing 737 aircraft to service its Asaba operations, saying the development was in response to the yearnings of members of the flying public for a bigger-capacity equipment on the route. The Boeing 737 aircraft...

March 28, 2019 No Responses

Buhari Greets Tinubu At 67

President Muhammadu Buhari sends warm felicitations to the National Leader of All Progressives Congress (APC) Asiwaju Bola Ahmed Tinubu on his 67th birthday, March 29th, 2019, describing him as one of the strong pillars of Nigeria’s democracy. President Buha...

March 28, 2019 No Responses

Mercedes-Benz, Peugeot, Ford, Others To Adopt Mandatory Vehicle Speed Limiters

Speed limiting technology looks set to become mandatory for all vehicles sold in Europe from 2022, after new rules were provisionally agreed by the EU. Already, Mercedes-Benz, Ford, Peugeot-Citroen, Renault and Volvo have models available with some of th...

March 27, 2019 No Responses

LNG Fueled Ferry Joins Brittany Network

French shipping company Brittany Ferries has confirmed the charter of a third brand new cruise-ferry to serve its long-haul routes. To be powered by LNG, the ship will be built at the AVIC Weihai Shipyard in China and is due...

March 26, 2019 No Responses

Air Peace Decorates Two New Captains

Air Peace has elevated two members of its flight crew to the rank of captain, urging them to sustain the high safety standards the carrier is reputed for. Speaking during the decoration of Mr. Oluwasegun Fatonade and Mr. William Devine...

March 26, 2019 No Responses

NPA Gets Most Productive Government Agency Award

The Nigerian Ports Authority (NPA) has been adjudged the Most Productive Government Agency of the year by the Global Excellence Communications, Nigeria’s Celebrity Journal in Lagos. The representative of the MD, NPA, the General Manager, Corporat...

March 25, 2019 No Responses

UBA Hinges Future Performance On Cost Efficiency

United Bank for Africa (UBA) Plc has assured its local and international investors that it’s prudent focus on improved asset quality as well as the continuous adoption of strict cost efficient measures will help the bank achieve its objectives and...

March 25, 2019 No Responses

Emefiele And Financial Inclusion In Nigeria

Andrew Idakwo -- In developing countries, there is a consistent challenge of ensuring that more and more persons, especially those in the rural areas and the poor, have access to financial services. Therefore, the term ‘financial inclusion’ is a const...

March 25, 2019 No Responses

NLNG, NCDMB sign Nigerian Content Plan for Train 7

Nigeria LNG Limited (NLNG) and Nigerian Content Development Monitoring Board (NCDMB) on Friday signed off the approved plan for Nigeria Content (NC) for NLNG’s Train 7 project which will ensure the delivery of value and benefits to the Nigerian economy....

March 24, 2019 No Responses

EU Congratulates Buhari On Re-Election

The European Union has congratulated President Muhammadu Buhari on his re-election as the President of the Federal Republic of Nigeria and expressed willingness to work with his government. In a letter dated March 22, 2019 and jointly signed by Donald...