City BusinessNews Archives — Page 339 of 357

April 30, 2019 No Responses

Photo News

L – R shows Divisional Head, Listing Business Division, The Nigerian Stock Exchange (NSE), Mr. Olumide Bolumole; Executive Director, Regulation, NSE, Ms. Tinuade Awe; Chief Executive Officer, NSE, Mr. Oscar N. Onyema OON; Senior Special Assistant to the President on...

April 29, 2019 No Responses

SEC Nigeria To Align Master Plan With Current Economic Realities

The Securities and Exchange Commission (SEC) is to align the 10 Year Capital Market Master plan with current economic realities as well as ensure the planned review is concluded in record time. Acting Director General of SEC Nigeria, Ms. Mary...

April 28, 2019 No Responses

Nigeria To Bridge Petroleum Products Supply Gap

The Group Managing Director, Nigerian National Petroleum Corporation, Dr Maikanti Baru, says the corporation plans to bridge the gap of petroleum products supply in the country. Baru disclosed this while fielding questions from journalists after a facility tou...

April 28, 2019 No Responses

VW, JAC Seal $750.8m Electric Car Deal

Volkswagen AG’s joint venture with China’s Anhui Jianghuai Automobile Co (JAC) plans to invest 5.06 billion yuan ($750.83 million) in a new electric car factory in the eastern Chinese city of Hefei, according to local authorities. A document post...

April 28, 2019 No Responses

JAMB To Release 2019 UTME Results Monday

The Joint Admissions and Matriculation Board (JAMB) has assured candidates of the 2019 Unified Tertiary Matriculation Examination (UTME) that results would be ready from April 29. The Board’s Head of Media and Publicity, Dr Fabian Benjamin, disclosed this in...

April 28, 2019 No Responses

China Acquires Stake In LNG Project

Russian gas producer Novatek has entered into agreements with two Chinese companies, allowing them to buy into the Arctic LNG 2 project. China National Oil and Gas Exploration and Development Company (CNODC), a subsidiary of China National Petroleum Corporatio...

April 27, 2019 No Responses

Shipyard Begins Construction Of First Grimaldi GG5G RoRo Vessel

China’s Jinling Shipyard has started construction of the first hybrid roll-on/roll-off (RoRo) freighter for Italian shipping company Grimaldi Group. Danish marine consultancy Knud E. Hansen, which was in charge of designing the vessels, confirmed the milesto...

April 27, 2019 No Responses

Peugeot Maker, PSA Group Explains Drop In Revenue

Peugeot maker, PSA Groupe has reported a 1.1 percent decline in revenue, as falling overseas sales outweighed pricing improvements in the first quarter. According to the Group, revenue fell to 17.98 billion euros ($20.05 billion) in January-Marc...

April 27, 2019 No Responses

Lee Engineering Photo News

Group Managing Director, Nigeria National Petroleum Corporation (NNPC), Dr. Maikanti Baru (Left) On Friday Toured Lee Engineering And Construction Company’s Ultra Modern Facilities, In Warri, Delta State. With Him Is the Chairman/Chief Executive Officer, Chi...

April 26, 2019 No Responses

Access Bank Shareholders Get 25kobo Final Dividend

Shareholders of Access Bank Plc on Thursday approved the final payment of 25kobo dividend. Speaking during the Annual General Meeting in Lagos, the Shareholders also commended the Board and Management of the Bank on the successful merger with Diamo...

April 26, 2019 No Responses

Microsoft Hits $1trillion Market Value

Microsoft has seen its stock market value top $1 trillion (£774bn) after reporting better-than-expected sales and profits. The US software giant passed the mark briefly on Thursday, before its share price fell back. It makes it one of only three...

April 26, 2019 No Responses

Michelin Declares $6.5b Sales In Q1

Michelin has reported higher first quarter sales, helped by its recent acquisitions of the Camso and Fenner businesses, and the French tyre maker stuck to its 2019 financial guidance for a rise in annual, underlying profits. Sales rose 11.3 percent...

April 25, 2019 No Responses

NLNG Clarifies N14.6trillion Revenue To FG, Feud With NIMASA

By Moses Ebosele, ebosele@hotmail.com The Nigeria Liquefied Natural Gas (NLNG) Limited, on Wednesday, declared that ongoing legal tussle with Nigerian Maritime Administration and Safety Agency (NIMASA) has amplified “the dreaded question of sanctity of agree...

April 25, 2019 No Responses

Weststar Delivers Five Marcopolo Buses To Bonnyway Transport

Weststar Associates Limited, Authorized General Distributor of Mercedes Benz Vehicles in Nigeria has delivered the first batch of the all new Mercedes-Benz Marcopolo G7 Paradiso Coach to Bonnyway Motors Nigeria Limited. Managing Director of Weststa...