City BusinessNews Archives — Page 326 of 369

August 20, 2019 No Responses

Zenith Bank Explains N9.4b Interim Dividend

For the six-months ended June 30, 2019, the board of Zenith Bank Plc has approved N9.4billion interim dividend for shareholders, amounting to 30kobo per share. Zenith Bank Plc explained on Monday that shareholders on the register of the bank as...

August 20, 2019 No Responses

“Tough Time Awaits Pipeline Vandals”

The Nigerian National Petroleum Corporation (NNPC) and the Nigeria Security and Civil Defence Corps (NSCDC) have pledged to work together to run pipeline vandals and oil thieves out of business in the country. A press release Monday by the Corporation’s...

August 19, 2019 No Responses

NNPC Picks BP Oil, Sahara, MRS, Duke, Others To Lift Crude

The Nigerian National Petroleum Corporation (NNPC) has announced winners of its 2019/2020 Direct Sale of Crude Oil and Direct Purchase of Petroleum Products (DSDP) arrangement. In a statement in Abuja on Sunday, the Corporation’s Group General Manager,...

August 19, 2019 No Responses

Auto Manufacturers To South Africa: Drop Import Tariff On Electric Vehicles

Nissan Motor Company, BMW AG and Volkswagen AG are among carmakers in talks to bring the electric-car revolution to South Africa. The industry is preparing a unified stance on electrification to present to the government by the end of the...

August 18, 2019 No Responses

Skoda Delivers 102,700 Units In July

Czech automaker Skoda has registered its best July sales last month with 102,700 units worldwide compared to 99,700 units in the same month last year, up by 31 per cent, informs the automaker in a release. High demand for the...

August 17, 2019 No Responses

UK Firm Gets Court Order To Seize $9b Nigerian Assets

A British judge has ordered the Nigerian government to pay $9bn in assets to a gas firm, P&ID. The firm, P&ID, had reached a deal with the Nigerian government in 2010 to build a natural gas plant – but the...

August 17, 2019 No Responses

NPA Boss Implore Stakeholders On Improved Synergy, Efficiency

By citybusinessnews@yahoo.com — The Managing Director of Nigerian Ports Authority (NPA), Hadiza Bala Usman has implored stakeholders in the Port Industry to improve synergy as part of measures to boost efficiency. Speaking at the quarterly meeting ...

August 17, 2019 No Responses

BMW To Staff: Narrow Sales Gap With Mercedes

BMW’s new chief executive, Oliver Zipse urged employees to embrace change and to find innovative ways to help the Bavarian carmaker overtake rival Mercedes at a time when demand for luxury carsis waning. According to Reuters, Oliver Zipse addressed staff...

August 17, 2019 No Responses

Photo News

Deputy Senate Leader, Senator Ajayi Borrofice; Minority Leader, Senator, Enyinnaya Abaribe; President of the Senate, Ahmad Ibrahim Lawan; President Muhammadu Buhari; Senate Leader, Senator Yahaya Abdullahi; Senator representing Katsina North, Senator Ahmad Bab...

August 17, 2019 No Responses

NIMASA Graduates 298 Military Personnel In Intelligence Training

The Nigerian Maritime Administration and Safety Agency (NIMASA) has graduated another 298 surveillance officers in basic training course for the implementation of the Integrated Security and Waterway Protection Infrastructure also known as the Deep Blue Projec...

August 16, 2019 No Responses

JK Tyre Seeks More Export

JK Tyre is ramping up exports as demand has dried up in the Indian domestic market due to a slowdown in auto sales, which have been on decline in the last nine months. Already, the company has spotted an opportunity...

August 16, 2019 No Responses

NYSC Registers 4,664,804 Participants In 46 Years

More than 4.6 million graduates have participated in the National Youth Service Corps (NYSC) scheme since inception in 1973. Speaking in Abuja on Thursday, the Director-General of the scheme, Shuaibu Ibrahim, explained that the scheme has achieved ...

August 16, 2019 No Responses

Kenya First Green Bond To Raise $48.45 For Student’s Accommodation

Kenya has approved its first ever issuance of green bond, which will raise five billion shillings ($48.45 million) for students’ accommodation, the capital markets regulator, CMA, said on Thursday. The CMA said in Nairobi that the bond, to be issued...

August 16, 2019 No Responses

Customs, NNPC, CBN Shun Public Hearing

An ad hoc committee of the House of Representatives has summoned heads of four government agencies to appear before it on August 19. This followed the ruling of the Chairman of the Committee, Yusuf Buba (APC-Adamawa), at a public hearing...