City BusinessNews Archives — Page 337 of 369

June 30, 2019 No Responses

Honda Recalls 1.6m Vehicles

Honda is recalling 1.6 million vehicles in the U.S. to replace potentially deadly Takata air bag inflators, completing its required recalls six months ahead of schedule, the automaker has said. When the latest recall is done, Honda says it will...

June 29, 2019 No Responses

Photo News

L-R: Fela Ibidapo, Head, Corporate Communications, Heritage Bank; Mide Kunle-Akinlaja, Executive Producer, The Next Titan; Jumoke Oduwole, Senior Special Assistant to the President of Nigeria on Industry, Trade and Investment; Adekunle Oyinloye, Group Managing...

June 29, 2019 No Responses

Shell, Exxon Mobil Target Re-Entry Into Somalia’s Upstream Sector

Shell and Exxon Mobil are looking to re-enter the market in Somalia ahead of an oil block bid round taking place later this year, the country’s oil ministry said in a statement. Shell and Exxon Mobil had a joint venture...

June 29, 2019 No Responses

Nissan Records Ten Millionth Vehicle At Sunderland Plant

Nissan Sunderland Plant is celebrating another record-breaking milestone as the ten millionth vehicle rolls of the production line. A statement explained that it has taken the plant 33 years to reach the ten million mark – making it the fastest...

June 28, 2019 No Responses

Total Nigeria Shareholders Get N4.75b Dividend For 2018

For the financial year ended December 31, 2018, Total Nigeria Plc shareholders on Thursday approved the payment of N4.75 billion final dividend, amounting to N14 per share. The shareholders gave the approval at the company’s 41st Annual General M...

June 28, 2019 No Responses

Mercedes-Benz To Assemble Cars In Egypt

Mercedes-Benz has signed a Memorandum of Understanding (MoU) with the Egyptian Government for local assembly of passenger cars in the country. This planned commitment is set to further improve the market position of Mercedes-Benz Cars in Egypt, the company sai...

June 28, 2019 No Responses

FG, States, LGCs Share N679.699b

The Federal Account Allocation Committee (FAAC), Thursday, at its joint session at the African House, Kano, Kano State, shared to the Federal Government, States and Local Government Councils a total of N679.699 billion as federal allocation for the month of...

June 28, 2019 No Responses

Shipping Association Elects 1st Female President

The Council of the Singapore Shipping Association (SSA), the industry voice of Singapore’s maritime community, has nominated the association’s first-ever female president since its founding in 1985. At SSA’s 23rd Annual General Meeting (AGM) held on June...

June 28, 2019 No Responses

CSR At The Nigerian Stock Exchange

By Olumide Orojimi – At The Nigerian Stock Exchange (NSE or the Exchange), CSR means Corporate Sustainability and Responsibility. Our approach to CSR ensures that the NSE adopts a holistic programme in creating sustainable value, leveraging its unique po...

June 28, 2019 No Responses

Photo News

L-R: Second Vice Chairman, Association of Chief Audit Executives of Banks in Nigeria (ACAEBIN), Felix Igbinoba; Deputy Managing Director, Fidelity Bank Plc, Mohammed Balarabe; Chairman, Association of Chief Audit Executives of Banks in Nigeria (ACAEBIN)Y...

June 27, 2019 No Responses

Total Partners Firm On 1st LNG Shipment To Japan

Total in partnership with Yamal LNG, a joint venture LNG production project in Sabetta, Russia, has shipped the first cargo of LNG to Japan. Quoting Russian Gas Producer, Novatek, World Maritime News explained that the cargo was unloaded at t...

June 27, 2019 No Responses

NSE Begins Enlightenment Campaign On ETF

The Nigerian Stock Exchange (NSE) has commenced a three-day enlightenment campaign to increase investors’ awareness and participation in Exchange Traded Funds (ETFs) market. The campaign which runs from June 26 to 28, 2019, will see the Exchange ...

June 26, 2019 No Responses

Stakeholders Seek Gender Balance In Maritime Sector

The First Lady, Dr. Aisha Buhari, has disclosed that President Muhammadu Buhari is determined to provide platforms that will encourage more women’s participation in maritime to boost economic development. The President’s wife stated this on Tuesday in Lago...

June 26, 2019 No Responses

NCAA Probes Helicopter’s Landing On Benin-Ore Highway

The Nigerian Civil Aviation Authority (NCAA) has commenced full-scale investigation to ascertain the viral video of the helicopter that landed on the Benin-Ore Expressway on Sunday. The General Manager, Public Affairs, NCAA, Sam Adurogboye, confirm...