City BusinessNews Archives — Page 341 of 402

October 16, 2019 No Responses

Volkswagen Postpones Final Decision On Turkey Plant

Volkswagen has postponed the final decision whether to build a car plant in Turkey, the company said, amid international criticism of the country’s military operation in Syria and concerns about potential reputational fallout. “We are carefully monitoring the current situation...

October 15, 2019 No Responses

Lagos Pledges To Pay Above N30,000 Minimum Wage

Lagos State will pay its workers above the N30,000 new national Minimum Wage, State Governor, Babajide Sanwo-Olu has said.Sanwo-Olu made the promise on Tuesday when the state leadership of the Trade Union Congress (TUC), the Nigeria Labour Co...

October 15, 2019 No Responses

Photo New

From left Hajia Lami Tumaka, Director of Special Duties, Nigerian Maritime Administration and Safety Agency (NIMASA); the Managing Director, Nigerian Ports Authority (NPA), Ms Hadiza Bala-Usman; President of WIMA Nigeria, Hajia Bola Muse; and Hajia Aisha Musa,...

October 15, 2019 No Responses

Shippers Council Donates Household Items To Kano Old People’s Home, VVF centre

The Nigerian Shippers Council (NSC) has donated some household itemś to the Kano State Old People’s Home and the Vesico Virginal Fistula (VVF) centre in the state.The items presented to the beneficiaries by the Executive Secretary of the NSC, Mr...

October 15, 2019 No Responses

Access Bank Hits N1b Digital Daily Lending

Access Bank’s expanded Digital Lending Portfolio, which gives Nigerians quick and 24/7 access to funds for emergencies without any collateral, has hit a record N1billion daily in loan value.Executive Director, Retail Banking, Access Bank Plc, Victor Etuokwu,...

October 15, 2019 No Responses

NIWA To Conduct Psychiatric Test On Boat Drivers

Boat Drivers in Warri, Delta State will soon be subjected to Psychiatric examination as part of measures to address issues of reckless driving.Speaking on Tuesday in Warri, Delta State, Area Manager of National Inland Waterways Authorit...

October 15, 2019 No Responses

Nigeria Presents `Certificate Of Discharge’ To Transcorp

Vice President Yemi Osinbajo on Monday at the Presidential Villa, Abuja, presented Certificate of Discharge to Transnational Corporation of Nigeria (Transcorp). A certificate of discharge is a written statement of satisfaction that a party has discharged its o...

October 15, 2019 No Responses

Court Freezes 45 Bank Accounts

A Federal High Court on Monday in Abuja ordered the temporary freezing of 45 bank accounts belonging to three companies allegedly involved in smuggling of rice into Nigeria. The companies whose accounts were domiciled with ten commercial banks in Nigeria...

October 15, 2019 No Responses

Photo News

L-R, Director General, ICRC Engr Chidi Izuwah, Acting Director General, Securities and Exchange Commission Ms Mary Uduk and Permanent Secretary, Special Duties Ministry of Finance Dr Muhammed Dikwa during a Publi...

October 15, 2019 No Responses

Yamaha Joins Automotive Sharing Centre

Yamaha Motor Group has joined the Automotive Information Sharing and Analysis Center (Auto-ISAC) along with three other companies TuSimple, ArmorText and Celerium. The inclusion of these four companies in the Auto-ISAC will increase the strength of the platfor...

October 14, 2019 No Responses

South Korea Donates Buses To Nigerian Customs

The Embassy of South Korea in Nigeria has donated two Hyundai buses to the Nigerian Customs Service (NCS), to boost its operations.The News Agency of Nigeria (NAN) reports that Mr Lee In Tae, Ambassador of South Korea to Nigeria, handed...

October 14, 2019 No Responses

DMO Lists ₦15b FGN Green Bond On NSE

The Nigerian Stock Exchange (NSE) on Monday announced the listing of the Federal Government of Nigerian (FGN) N15billion Green Bond on its daily official list. Promoted by the Debt Management Office (DMO), the 7-year Green bond issued at coupon rate...

October 14, 2019 No Responses

Nigeria Insists On Border Closure

The Nigerian Government will not reverse closure of borders until neighbouring countries have shown enough commitment to check smuggling of banned commodities into Nigeria.The Permanent Secretary (PS) of the Federal Ministry of Agriculture, Dr Mohammed Umar,...

October 14, 2019 No Responses

Lufthansa Faults Proposed Strike

A planned strike by German cabin crew union UFO is illegal, Germany’s flag carrier Lufthansa said on Monday.The carrier, however, added that it would try to offer its full schedule on Sunday in spite of plans for a five-hour walkout.“Our...