City BusinessNews – Page 315 – City Business News

June 26, 2020 No Responses

First Bank Empowers Women Through First Gem online Community

First Bank of Nigeria Limited has unveiled all-female online community www.firstgem.com.ng, offers mentoring, support and capacity building opportunities for all to create a new generation of financially literate women. With the aim to increase its engagement and reach a wider audience,...

June 26, 2020 No Responses

Jamoh: Policies Underway To Improve Seafarers‘ Training, Certification, Renumeration

Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh, has disclosed that there are policies in the pipeline to improve the quality of training and certification, as well as remuneration for the country’s seafa...

June 26, 2020 No Responses

Customs Generates N573b In Five Months

Between January and May, the Nigerian Customs Service (NCS) generated N573 billion from total targeted revenue of N957 billion for the 2020 fiscal year. The Comptroller-General of Customs (CG), Col. Hameed Ali , made the disclosure Thursday at an interactive.....

June 26, 2020 No Responses

Police Arrest Man For killing, Dumping Wife’s Body In Well

The Police in Katsina State on Thursday arrested one Abdulrahman Abdulkarim, 40, for allegedly killing his junior wife and dumping the corpse in an abandoned well. The police spokesman in the state, SP Gambo Isah, confirmed the incident in a...

June 26, 2020 No Responses

Peugeot CEO: Merger With Fiat Chrysler On Track

Peugeot maker, PSA’s boss, Carlos Tavares said on Thursday he was confident the merger of the French carmaker and Fiat Chrysler (FCA) would go ahead as planned and yield synergies of at least 3.7 billion euros ($4.2 billion).“The timetable of ...

June 26, 2020 No Responses

Buhari Mourns Ajimobi

President Muhammadu Buhari has condoled with the government and people of Oyo State over the passing of former governor, Isiaka Abiola Ajimobi, whose contributions to the development of the state, and nation, will always be remembered. In a condolence me...

June 25, 2020 No Responses

REC: Nine Political Parties Conclude Primaries In Edo

The Resident Electoral Commissioner (REC) in Edo, Mr Johnson Alalibo, said nine political parties have so far concluded their party primaries and set to contest the forthcoming governorship election scheduled for Sept. 19, in the state. Alalibo disclosed this ...

June 25, 2020 No Responses

Sabrud Consortium Seeks Special Forex Regime For Meter Manufacturers

Sabrud Consortium, an indigenous electricity prepaid metre manufacturing firm, has urged the Federal Government to grant special forex regime to the sector. It also applauded the upward review of metre prices by Nigerian Electricity Regulatory Commission (NERC...

June 25, 2020 No Responses

Toyota Explains $293m Stake In Uber

Toyota Motor Corp holds a $293 million stake in Uber Technologies, as it partners with the ride-hailing company to further expand into new mobility services, Toyota’s latest corporate governance report has revealed.The Japanese automaker has al...

June 25, 2020 No Responses

Ajimobi’s Death Painful, Says Babatope

A chieftain of the Peoples Democratic Party (PDP), Chief Ebenezer Babatope on Thursday said he is saddened by the death of former Governor of Oyo State, Sen. Abiola Ajimobi. Babatope, also former Minister of Transportation, gave the reaction in a...

June 25, 2020 No Responses

NLNG Spotlights Seafarers Scheme,100% Nigerianisation Of Fleets

By citybusinessnews@yahoo.com — On 25 June every year, seafarers are celebrated for keeping the global economy rolling despite various challenges. With the global fight against the COVID-19 pandemic, the services seafarers provide according to...

June 24, 2020 No Responses

Nigerian Breweries Shareholders Approve N16.1b Dividend For 2019

Nigerian Breweries shareholders have approved N16.1 billion as dividend for the financial year ended December 31, 2019, translating to N2.01 per share.. Chairman of the company,Chief Kola Jamodu in a statement on Wednesday explained that the approval was sec...

June 24, 2020 No Responses

Berger Paints Declares N3.59b Revenue, N448.7m Profit In 2019

For the year ended December 31, 2019, Berger Paints Nigeria Plc recorded a revenue of N3.59 billion as against N3.3 billion attained in the preceding year, an increase of six per cent. Also, gross profit for the year grew by...

June 24, 2020 No Responses

Borno Appoints New Heads For Maiduguri Flour Mills, Borno Express

Governor Babagana Zulum of Borno State has approved the appointment of Mr Mohammed Bukar as General Manager, Maiduguri Flour Mills. Spokesman for the Governor, Malam Isa Gusau in a statement on Wednesday explained that Zulum has also approved the appointment.....