City BusinessNews Archives — Page 328 of 368

August 12, 2019 No Responses

Again, SEC Urges Nigerians to Shun Ponzi Schemes

Nigerians have again been advised to desist from investing their money in various investment schemes that are not registered to carry out fund management functions. This was stated weekend by Ag. Director General of the Securities and Exchange Commission (SEC),...

August 12, 2019 No Responses

Sallah: Dakuku Urges Nigerians To Embrace Love, Peace

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside has urged Nigerians to embrace love and ensure peaceful coexistence among one another as they celebrate Sallah. The NIMASA DG who said that sall...

August 11, 2019 No Responses

Buhari Seeks National Unity As Muslims Celebrate Eid-El-Kabir

President Muhammadu Buhari has said the greatest commitment to Islam is for Muslims to put its good virtues into practice, and by making justice and righteousness the guiding principle of their everyday life.In his Eid el-Kabir Sallah message to Muslims...

August 10, 2019 No Responses

CBN Injects $280.04m, CNY 28.3m Into Retail SMIS

The Retail Secondary Market Intervention Sales (SMIS) has received a boost of $280.04 million from the Central Bank of Nigeria (CBN), which also injected the sum of CNY 28.3 million in the spot and short tenored forwards segment of the...

August 9, 2019 No Responses

New Samsung Galaxy Note 10 Debuts In Nigeria

By citybusinessnews@yahoo.com — Samsung has unveiled Galaxy Note10, a new line of premium smartphones that combines design with powerful performance. According to the company, the new product is inspired by a generation that flows seamlessly ...

August 9, 2019 No Responses

FRSC Deploys 956 Personnel, 14 Vehicles For Sallah Patrol In Kano

The Federal Road Safety Corps (FRSC), Kano State Command, has deployed 956 personnel, 14 patrol vehicles, two ambulances and tow trucks to Kano highways so as to ease traffic flow during the Eid-el-Kabir. The FRSC Sector Commander in the state,...

August 9, 2019 No Responses

Michelin Hike Tyre Prices

By citybusinessnews@yahoo.com — The management of Michelin on Thursday approved between two and four per cent increase in the prices of Tyre in Africa, India & Middle East region. The announcement will affect tyre prices across the commercial l...

August 9, 2019 No Responses

Customs Discovers Another 1.5 Tons Of Cocaine On containership

Following the recent record seizure of cocaine shipment at the Port of Hamburg, local customs officers have discovered a further 1.5 tons of cocaine on board a containership. The cocaine was found during a search of an unnamed boxship, Oliver...

August 8, 2019 No Responses

FRSC Sokoto Tackles Reckless Driving As Court Jails Two For Assaulting Marshals

The Federal Road Safety Corps (FRSC) Sokoto Zonal Command. Is set to deploy personnel and logistics including patrol vehicles and ambulances on all the major routes of Sokoto, Kebbi and Zamfara states in order to ease movement of vehicles and...

August 8, 2019 No Responses

Hamzat, Okonkwo, Seek More Finance, Infrastructure To Grow SMEs

The managing director and chief executive of Fidelity Bank, Mr Nnamdi Okonkwo, and the deputy governor of Lagos State, Dr Obafemi Hamzat, on Wednesday emphasized the need for access to finance, and infrastructure for small businesses and entrepreneurs fo...

August 8, 2019 No Responses

Kia Motors Targets Africa, Others With New Seltos SUV

South Korean auto major, Kia Motors is looking to export its made-in-India mid-sized SUV Seltos to various global markets like Africa and South America. The company, which has set up its manufacturing base in Andhra Pradesh with an installed production.....

August 8, 2019 No Responses

Mercedes-Benz Delivers 188,857 Units In July

Mercedes-Benz started the third quarter with a new sales record for the month ofJuly: A total of 188,857 cars with the three-pointed star were delivered (+12.7%). The ongoing model changes in the high-volume compact-car segment had a positive impact on...

August 8, 2019 No Responses

Gbemiga Ogunleye Mourns Sweet, Unforgettable Mother

By Gbemiga Ogunleye — It was the type of call no one wants to receive. No sooner had our Abuja-bound aircraft landed than my phone rang. My younger brother, a Pastor of the Deeper Life Bible Church was on the...

August 7, 2019 No Responses

Olam Stakes N120b For Dangote Flour Mill

Foremost food and agri-business company, Olam International, that previously showed interest in the acquisition of Dangote Flour Mill (DFM) has made a final offer of N120 billion. The transaction if successful will make DFM a completely owned subsidiary ...