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President Muhammadu Buhari Breaks Ramadan Fast With Asiwaju Bola Tinubu, At The Presidential Villa, On Friday Night, In Abuja
Tag: City BusinessNews
Mercedes-Benz Sales Hit 742,809 Units In Four Months
For the Month of April 2019, Mercedes-Benz delivered not less than 181,936 cars and a total of 742,809 in the first four months of the year. According to the company, the ongoing sales success of the new A-Class resulted in worldwide growth...
Emulate NIMASA, El-Rufair Urges Corporate Organisations
The Governor of Kaduna State, Mallam Nasir El-Rufai, has urged corporate organisations in Nigeria to emulate the Nigerian Maritime Administration and Safety Agency (NIMASA) by supporting and complementing government’s efforts towards alleviating the sufferin...
Coscharis Photo News
L – R: Ifeanyi Agwu, Managing Director, BKG Exhibitions Ltd; Adetunji Oyebanji, Managing Director 11 Plc; Susan Bisong Taiwo, Deputy Director, National Automotive Design and Development Council, NADDC; Abiona Babarinde, General Manager, Marketing and Corpo...
Naira Remains Stable At Parallel Market
The Naira on Thursday remained stable at the parallel market in Lagos, exchanging at N359.3 to the dollar. The Pound Sterling and the Euro traded at N472 and N402, respectively. At the Bureau De Change (BDC) window, the naira was...
ILO: $150B Generated Annually Through Forced Labour
The International Labour Organisation (ILO) says that about 150 billion dollars is being generated illegally every year through forced labour. Mr Dennis Zulu, ILO Country Director to Nigeria said this during the National Consultation and Launch Workshop for Al...
SIFAX Group Donates Clinic, Hall To Ogun Community
In furtherance of its commitment to the philosophy of impacting the society, SIFAX Group, a group of companies with investment in Maritime, Aviation, Oil & Gas, Haulage & Logistics, Financial Services and Hospitality, has donated a modern and well...
Toyota Posts $21.66b Profit, Delivers 10.6m vehicles
For the fiscal year ended March 31st, Toyota Motor Corporation has declared $21.66billion operating profit and 10.6million sales worldwide.However, according to the financial statement released on Wednesday, net income declined 25 percent to 1.88 trillion yen ...
Dakuku: Special Tax Regime For Maritime Sector Under Consideration
The Federal Government Wednesday, assured the international oil and Gas community that the Nigerian maritime sector is safe for investment and special tax regime are under consideration to grow capacity for the industry in the country. Addressing Journalists a...
Edo 2020: Igbinedion Canvasses Support For Obaseki
A Chieftain of the Peoples Democratic Party (PDP), Chief Dr Gabriel Osawaru Igbinedion has thrown his weight behind Edo State Governor, Godwin Obaseki’s development strides, urging him to remain focused. Chief Igbinedion endorsed Obaseki’s per...
CBN Lifts Forex Market With $205m
The interbank segment of the Foreign Exchange Market has received a boost of $205 million from the Central Bank of Nigeria (CBN) following the sales concluded on Tuesday, May 7, 2019. Figures obtained from the CBN indicated that authorized dealers...
SEC Receives MTN’s Application For Listing on Nigerian Stock Exchange
The Securities and Exchange Commission (SEC) on Monday disclosed that MTN Nigeria has formally applied for listing by introduction on the Nigerian Stock Exchange (NSE). SEC Head, Corporate Communications, Efe Ebelo, who confirmed the development explaine...
Yam Stakeholders Seek Duty-Free Export To Europe
To facilitate free duty yam export to Europe, some stakeholders in the yam value chain have appealed to the Nigerian Government to sign relevant trade agreements with the European Union (EU) They made the appeal in a communiqué issued in...
FRSC Recovers Stolen Vehicle Through NVIS
The Federal Road Safety Corps, Anambra State Command has urged motorists to ensure their vehicles are properly registered and uploaded to the National Vehicle Identification System platform and desist from patronising touts. Andrew Kumapayi, the Sector Command...