City BusinessNews Archives — Page 334 of 368

July 15, 2019 No Responses

Firms Unveil Cement Carrier Alliance

Germany-based Baltrader and US-based United Bulk Carriers (UBC) have entered into a cooperation agreement to jointly market their respective fleets of pneumatic cement carriers. The two companies will work together under the newly launched Cement Carrier Alliance (CCA). As explained,...

July 15, 2019 No Responses

NIS Generates N39.06b Local Revenue

The Nigeria Immigration Service (NIS) generated N39.06 billion in 2018 as against N35.72 billion it generated as local revenue in 2017, the National Bureau of Statistics (NBS) said. The bureau said this in its “Immigration Statistics of 2018”, obtained fro...

July 15, 2019 No Responses

Lagos Cabinet: Sanwo-Olu Picks Tunji Bello, Omotoso, 23 Others

Lagos State Governor Babajide Sanwo-Olu has nominated 25 persons for commissioner and special adviser. According to the state government, the nominees are the first batch to be considered by the House of Assembly. Among them are two-time commission...

July 15, 2019 No Responses

Experts Raise Concerns Over Brake, Tyre Emissions

With the environmental pollution reaching alarming levels, the UKgovernment’s Air Quality Expert Group (AQEG) identified emission from tyres and brakes as a prime contributor to the declining air quality. It mentioned that emissions from car brakes and t...

July 15, 2019 No Responses

Daimler Trucks Tests New Digital Vehicle Systems

Daimler Trucks has taken a new initiative to test and develop the new digital operating menus and apps. The German CV manufacturer has involved the truck drivers to test the digital system on-board the new Mercedes-Benz Actros. The company has...

July 15, 2019 No Responses

Singapore Maintains Position As World’s Top Shipping Location

Singapore has topped the 2019 Xinhua-Baltic International Shipping Centre Development (ISCD) Index for the sixth year running, the Baltic Exchange said. The index provides an independent ranking of the performance of the world’s largest cities that offer por...

July 14, 2019 No Responses

Shell Nigeria Restates Commitment To Economic Growth

Shell Petroleum Development Company of Nigeria Limited Joint Venture is to sustain programmes that would galvanise the economic growth of Delta State, Igho Weli, SPDC General Manager, External Relations, has said. In a statement on Saturday, Weli e...

July 14, 2019 No Responses

Dana Air Apologizes To Passengers Over Flight Disruptions

Dana Air has apologized to its customers over the disruption of their flights on different routes Thursday , Friday and Saturday. The airline in statement issued by its media and Communications Manager Kingsley Ezenwa explained that some of the airline&#...

July 14, 2019 No Responses

Volkswagen To Invest $1.12b In Battery Production Plant

Volkswagen AG says it is investing 1 billion euros ($1.12 billion) to set up a battery production plant in Germany. Chief executive Herbert Diess said Tuesday that the factory is part of the company’s effort to electrify its vehicles. He...

July 14, 2019 No Responses

Samsung Unveils Remote-Controlled 5G Car

Samsung has revealed its 5G enabled car that can be operated remotely. developed in association with Vodafone. The South Korean technology giant claims, this connected car s first-of-its-kind virtual reality car. Based on a Lincoln MKZ, the car was being...

July 13, 2019 No Responses

Mercedes-Benz Delivers 1.2m Cars In Six Months

After the first six months of the year, Mercedes-Benz continues to be the leader among the premium car brands in a highly competitive environment worldwide, despite ongoing model changes. From January to June, 1,134,729 cars were handed over to customers...

July 12, 2019 No Responses

DFM Debuts In Nigeria, Partners Dana Motors

By Moses Ebosele, ebosele@hotmail.com – DongFeng Motor Corporation (DFM) has commenced business activities in Nigeria in collaboration with Dana Motors. Under the arrangement, products from DFM stable such as Pick-Ups, Sports Utility Vehicles...

July 11, 2019 No Responses

SAHCO Records N6.2b Revenue, N23.1b Assets In 2018

For the year ended December 2018, Skyway Aviation Handling Company Plc (SAHCO) generated N6.2billion revenue, 23.2 per cent higher than 4.9billion recorded in 2017. In its 2018 financial statement sent to the Nigeria Stock Exchange (NSE) on Wednesday, the comp...

July 11, 2019 No Responses

NPA Photo News

The Managing Director, Nigerian Ports Authority (NPA), Hadiza Bala Usman (middle), the Director General, Nigeria Chamber of Shipping, Obiageli Obi (left), President Women In Maritime (WIMA, Nigeria) Hajia Bola Muse (right), during a working visit to the Managi...