City BusinessNews Archives — Page 339 of 402

October 19, 2019 No Responses

Tata Rules Out Sale Of Jaguar Land Rover

Tata Motors, which owns Jaguar Land Rover (JLR), said it is open to finding partners for the automaker but isn’t planning on selling the embattled unit. “We’re not going to sell,” said N Chandrasekaran, chairman of Tata Sons, the holding...

October 19, 2019 No Responses

CBN Injects $325.5m Into Retail Market

The Central Bank of Nigeria (CBN) has injected 325.5million dollars in the retail Secondary Market Intervention Sales (SMIS) and CNY14million in the spot and short tenored forwards segment of the inter-bank foreign market. The bank’s Director, Corporate Comm...

October 19, 2019 No Responses

Mahindra Inaugurates All-Women Auto Service Workshop

Mahindra & Mahindra on Friday announced the inauguration of India’s first all-women-run automobile service workshop in Jaipur. According to the company, this is part of the its larger initiative named ‘Pink Collars’ to promote recruitment of wo...

October 19, 2019 No Responses

Makinde Appoints Special Assistants On ICT, Youth, Sports

Oyo State Governor, Mr Seyi Makinde, has approved the appointment of two Special Assistants on Information Communication Technology(ICT)/ E- Governance and Youth and Sports. A statement issued on Friday, in Ibadan, by the Special Assistant (Print Media) to the...

October 18, 2019 No Responses

Suzuki Lowers 2019-2020 Sales Estimates

Suzuki Motor Corporation (SMC) has revised its consolidated business forecast for the current financial year by lowering net sales estimates by 10.3 per cent due to slowdown in the Indian automobile market and decline in production in Japan.The company said...

October 18, 2019 No Responses

Adulterated Palm Oil: EFCC Hands Over 26 Suspects To NAFDAC

The Economic and Financial Crimes Commission (EFCC), Gombe Zonal Office, has arrested 26 suspects for allegedly adulterating palm oil, and handed them over to the National Agency for Food and Drug Administration and Control (NAFDAC).Mr Michael Wetkas, the Head...

October 18, 2019 No Responses

NPA Photo News

The Managing Director, Nigerian Ports Authority (NPA), Hadiza Bala Usman (Middle), receives a portrait from Pilot Nkopuyo Abraham (2nd left), Pilot Abiodun Ogunpitan (left), Pilot Otobing Ekam (2nd right) and Pilot Jumbo Hope (right) during a worki...

October 18, 2019 No Responses

Nigeria To Impose Taxes On Soft Drinks

The Nigerian Government is to impose taxes on soft drinks, the Minister of Finance, Budget and Planning, Mrs. Zainab Ahmed, disclosed on Thursday. In an interactive session with Journalists on the sidelines of the ongoing Annual Meetings of the International.....

October 18, 2019 No Responses

Sanwo-Olu, Okonkwo Implore Market Leaders On Infrastructure Development

Lagos State Governor, Mr. Babajide Sanwo-Olu on Thursday, met with market leaders from Alaba, Trade Fair axis in Lagos West senatorial district. The consultative meeting, which was at the instance of the Governor and coordinated by the Managing Director Fideli...

October 18, 2019 No Responses

Samsung Unveils Galaxy A10s, A20s, A30s In Nigeria

Samsung on Thursday unveiled new members of the Galaxy A Series smartphones – the Galaxy A10s, A20s and A30s. According to Samsung, the new devices offer upgrades to essential features, made even more powerful with more value for the new...

October 18, 2019 No Responses

British Ports Welcome Brexit Deal

The British Ports Association (BPA) has reservedly welcomed the news that a Brexit deal was agreed on Thursday between the United Kingdom and the European Union. Under the new deal, Northern Ireland will remain part of the UK’s customs territory...

October 17, 2019 No Responses

Daewoo Secures $762m Contract For Five Containerships

South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) has received a contract for the construction of five large containerships.Signed on October 14, the contract is worth KRW 903.9 billion (about USD 762 million), DSME said in a stock e...

October 17, 2019 No Responses

W Initiative Explains Agenda For Health Month

The W Initiative, a flagship women empowerment programme from Access Bank Plc, has announced plans for its 2019 W Health Month aimed at improving community awareness on health issues that affect women and their families by bridging knowledge gap, providing...

October 17, 2019 No Responses

Enugu Airport: Buhari Approves N10b For Rehabilitation

President Muhammadu Buhari has approved the release of N10billion Special Intervention Fund for immediate repairs and upgrade of the Akanu Ibiam International Airport, Enugu.Mr Femi Adesina, the President’s Spokesman in a statement, said this was the high po...