City BusinessNews Archives — Page 340 of 402

October 17, 2019 No Responses

Toyota Unveils Electric Mini Car

Toyota on Thursday unveiled a special mini car. The development is coming after its success with hybrid technology.Indeed, the logical assumption was that Toyota would jump in with both feet into development of battery-electric cars.At first it seemed that was...

October 17, 2019 No Responses

New Oil, Gas Parks For Akwa Ibom, Bayelsa

The Federal Executive Council (FEC), on Wednesday in Abuja, approved the establishment of oil and gas parks in Akwa Ibom and Bayelsa states. Minister of State for Petroleum Resources, Timipre Sylva, disclosed this while briefing State House correspondents afte...

October 17, 2019 No Responses

Nigeria Deports Seven Koreans

The Nigerian Government has deported seven nationals of Democratic People’s Republic of Korea (DPRK) back to their country. Mr Sunday James, Public Relations’ Officer (PRO), Nigeria Immigration Service (NIS), disclosed this in a statement on Wednesday in A...

October 17, 2019 No Responses

First Bank Photo News

FinTech 3.0 (1): Callistus Obetta, Group Executive, Technology & Services, FirstBank; Gbenga Shobo, Deputy Managing Director, FirstBank; Victor Asemota, Founder, Swifta Systems & Services and Keynote Speaker at the event (FirstBank FinTech Summit 3.0);...

October 17, 2019 No Responses

Sifax Photo News

Middle: Tobi Afolabi, Executive Director, Ports & Cargo Handling Services Limited receiving Heritage For Life special recognition award from Chief Emeka Anyaoku, former Secretary General of the Commonwealth on behalf of Barr. (Dr.) Taiwo Afolabi, Group Exe...

October 17, 2019 No Responses

Shippers’ Council Visits Paediatric Hospital, Donates Items

The Nigerian Shippers Council (NSC) on Wednesday donated Single Motor Hospital Beds and other goods to Asiya Bayero Paediatric Hospital in Kano. According to the Executive Secretary of the NSC, Mr Hassan Bello, the gesture was necessary in order to...

October 17, 2019 No Responses

Skoda Reports 2.7% Drop In Sales

Skoda Auto global deliveries have dropped 2.7 per cent to 913,700 cars in the first nine months of 2019, compared to the same period last year. The slump in deliveries is majorly due to the declining sales in China, where...

October 16, 2019 No Responses

Lagos Port Records Highest Incidents As Global Piracy Declines

The first nine months of this year saw fewer incidents of piracy and armed robbery against ships than the corresponding period of 2018, the International Maritime Bureau (IMB) said in its latest report.However, the Gulf of Guinea remained a high...

October 16, 2019 No Responses

CBN: N500, N1000 Denominations Most Commonly Counterfeited Banknotes

The Central Bank of Nigeria (CBN) on Wednesday, said that a total of 119,663 pieces of counterfeit notes with a nominal value of N98.82 million was recorded in 2018.The bank said this in the Currency Operations 2018 Annual Report, posted...

October 16, 2019 No Responses

Delta Proposes N389b Budget For 2020

The Delta State Government has proposed a N389 billion budget for the 2020 fiscal year.The State’s Commissioner for Information, Mr Charles Aniagwu, disclosed this while briefing newsmen on Wednesday in Asaba.Aniagwu said that the budget approval was par...

October 16, 2019 No Responses

NPA Photo News

L-R: The Managing Director, Nigerian Ports Authority (NPA), Hadiza Bala Usman, the President of Women in Maritime Africa-Nigeria (WIMAFRICA-NIGERIA) Hajia Bola Muse, at the Annual Conference of WIMAFRICA-NIGERIA in Lagos.

October 16, 2019 No Responses

Shell Remits N720b To NDDC In 16 Years

Shell Petroleum Development Company of Nigeria (SPDC) and partners have remitted about $2 billion ( N720 billion) to the Niger Delta Development Commission (NDDC) in 16 years. SPDC’s General Manager, External Relations, Igo Weli, disclosed this on Tuesday at...

October 16, 2019 No Responses

Senate Probes PPRA Over Alleged Non Remittance Of 5% Pump Price Commission To FERMA

The Senate has directed its committees on Petroleum Downstream and National Planning to investigate within two weeks why the Petroleum Pricing Regulatory Agency (PPRA) failed to remit five per cent commission it charged on every litre of fuel to FERMA...

October 16, 2019 No Responses

Nigeria To Explore More Investment Opportunities In UAE

The Minister of Industry, Trade and Investment, Mr Richard Adebayo, has said that Nigeria would explore more investment opportunities in the United Arabic Emirate (UAE). According to a statement signed by Mr Julius Toba-Jegede, Special Assistant (Media) to the...