City BusinessNews Archives — Page 359 of 407

September 7, 2019 No Responses

Mercedes-Benz Delivers 177,819 Vehicles In August

With sales of 177,819 cars in August, Mercedes-Benz posted double-digit growth (+14.0%) for the second time in succession. At the same time, a new record was set for the month of August. Double-digit sales growth in all three regions –...

September 7, 2019 No Responses

Kia Pegas Drives Into Middle East

Kia has unveiled the new compact Pegas in the Middle East. Spacious, economical and highly practical, the new Kia Pegas compact sedan is already on-sale across the region. Entirely new to the region, the Kia Pegas is a smart option...

September 6, 2019 No Responses

New Mercedes-Benz CLA Debuts In Nigeria

By Moses Ebosele, ebosele@hotmail.com — Weststar Associates Limited, authorized General Distributor of Mercedes-Benz in Nigeria has announced the arrival of the all-new CLA. Building on the success of the first generation CLA, which sold o...

September 6, 2019 No Responses

NSE Downgrades Oando Plc

The Nigerian Stock Exchange (NSE) has announced the reclassification of Oando Plc from Medium Priced Stock to Low Priced Stock effective Thursday, September 5, 2019. According to NSE, this is in compliance to Rule 15.29: Pricing Methodology, Rulebook of ...

September 6, 2019 No Responses

APC Advises Nigerian Govt To Nationalise South African Firms

The National Chairman of the ruling All Progressives Congress (APC) has advised the federal government to take steps to nationalise all South African companies operating in Nigeria to protest the xenophobic attacks on Nigerians. Oshiomhole, who gave the advice...

September 6, 2019 No Responses

Igali Tasks Diri, Lyon On Issue-Based Campaign In Bayelsa

A former Nigerian Ambassador to the Scandanavian countries and top Peoples Democratic Party (PDP) gubernatorial aspirant, Dr. Godknows Igali has conveyed his congratulations to PDP flagbearer Senator Douye Diri and APC candidate, Chief David Lyon. In hi...

September 5, 2019 No Responses

Labour Seeks More Stringent Measures Against South Africa

The Trade Union Congress of Nigeria, (TUC) has condemned the unending xenophobic attacks on Nigerians and other African nationals living and doing business in South Africa. In a statement issued by its President, Quadri A. Olaleye and Secretary Gen...

September 5, 2019 No Responses

NLNG Photo News

(L-R) Professor Emmanuel Bala, Prize Judge; Olugbenga Oluwaniyi, NLNG GM Finance; Sophia Horsfall, NLNG Manager, Corporate Communications; Prof. Akpoveta Susu, Chairman of the Advisory Board for the Nigeria Prize for Science, Chief Dr. Nike Akande, member Advi...

September 5, 2019 No Responses

Crude Oil Theft: NNPC, Navy To Deepen Collaboration

The Nigerian National Petroleum Corporation (NNPC) and the Nigerian Navy have pledged to deepen collaboration to tackle the menace of crude oil theft and attacks on oil and gas facilities. The two organisations came to the resolution when the NNPC...

September 5, 2019 No Responses

NSE Photo News

L – R: Moejoh Oluwaseyi Peace, CEO Apprentice; Adewale Adeboye Boaz; Jesutunmise Lawanson, CEO Apprentice; Bola Adeeko, Head, Shared Services Division, The Nigerian Stock Exchange (NSE); Oluwatodimu Solomon Obidipe, CEO Apprentice; Ajoke Oluwanifise Aj...

September 4, 2019 No Responses

AU Condemns South Africa Violence

A senior official of the African Union (AU) has condemned the xenophobic violence in South Africa’s commercial capital, Johannesburg, saying the businessmen who suffered economic losses should get “justice”. Dozens of people were arrested on ...

September 3, 2019 No Responses

NNPC Boss Tasks Top Management Team On Performance

Keen on delivering on his mandate, the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has charged members of his management team to work assiduously to deliver on the key priority areas of growing the...

September 2, 2019 No Responses

Nigerians Sue Senate Over Plan To Spend N5.5bB On Cars

Socio-Economic Rights and Accountability Project (SERAP), BudgIT, Enough is Enough (EiE) and 6,721 concerned Nigerians have filed a lawsuit asking the Federal High Court to “restrain, prevent and stop the National Assembly Service Commission from paying or r...

September 2, 2019 No Responses

“Lagos records over 70% of Nigeria’s vehicular traffic”

Lagos State records more than 70 per cent of Nigeria’s vehicular traffic, in spite of its small landmass. The Federal Controller of Works in the state, Adedamola Kuti, made the observation in an interview with the News Agency of Nigeria...