KPMG Under Pressure, Removes Head Of Financial Services Unit

KPMG Under Pressure, Removes Head Of Financial Services Unit

Following a probe into alleged misconduct, KPMG, one of the biggest consultancies in the United Kingdom has ousted the head of its financial services consulting division. A spokesperson for KPMG confirmed to the BBC that Tim Howarth had left the...
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FCMB Targets Palm Oil, Cocoa, Ginger, Others With New Agric Finance Facility

FCMB Targets Palm Oil, Cocoa, Ginger, Others With New Agric Finance Facility

Foremost financial institution, First City Monument Bank (FCMB) has introduced an enhanced agro-commodity trade finance facility for agribusiness operators.  According to the Bank, the revamped facility is designed for agro-commodity merchants with supply...
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NNPC: Rehabilitation In PH Refinery Still Ongoing

NNPC: Rehabilitation In PH Refinery Still Ongoing

The Nigerian National Petroleum Corporation (NNPC) has said that the rehabilitation of the two Port Harcourt Refineries were still ongoing. Mr Ndu Ughamadu, the Group General Manager, Group Public Affair Division disclosed this to News Agency of Nigeria (NAN),...
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APM Terminals To Expand Terminal

APM Terminals To Expand Terminal

APM Terminals Yucatán, operator of the Port of Progreso in Mexico has  unveiled an investment to expand and modernize the port’s container terminal. The terminal has doubled its volumes from 80,000 to 140,000 TEUs throughput over the last two years....
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NAFDAC Explains Agenda To Phase Out Sniper From Open Market

NAFDAC Explains Agenda To Phase Out Sniper From Open Market

The National Agency for Food and Administration and Control has reiterated its plans to phase out sniper from the open market in no distant time. NAFDAC’s Director of Public Affairs, Dr Abubakar Jimoh, restated this in an interview with the...
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Businessman Returns N2.2b Mistakenly Paid Into His Account

Businessman Returns N2.2b Mistakenly Paid Into His Account

Managing Director of Peace Mass Transit (PMT), Dr Maduka Onyishi, returned N2,219,500,000 which was overpaid into his account by the First Bank Nigeria.  A cheque bearing the overpaid amount was received on behalf of First Bank by the Business Manager,...
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Buhari To Corps Members: Use Your Education To Unite Nigeria

Buhari To Corps Members: Use Your Education To Unite Nigeria

President Muhammadu Buhari on Sunday in Daura, Katsina State, challenged members of the National Youth Service Corps (NYSC) to live up to expectation of the founding fathers by utilising their education and privilege of visiting different parts of the country....
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Again, SEC Urges Nigerians to Shun Ponzi Schemes

Again, SEC Urges Nigerians to Shun Ponzi Schemes

Nigerians have again been advised to desist from investing their money in various investment schemes that are not registered to carry out fund management functions. This was stated weekend by Ag. Director General of the Securities and Exchange Commission (SEC)...
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Sallah: Dakuku Urges Nigerians To Embrace Love, Peace

Sallah: Dakuku Urges Nigerians To Embrace Love, Peace

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside has urged Nigerians to embrace love and ensure peaceful coexistence among one another as they celebrate Sallah.  The NIMASA DG who said that sall...
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Buhari Seeks National Unity As Muslims Celebrate Eid-El-Kabir

Buhari Seeks National Unity As Muslims Celebrate Eid-El-Kabir

President Muhammadu Buhari has said the greatest commitment to Islam is for Muslims to put its good virtues into practice, and by making justice and righteousness the guiding principle of their everyday life.In his Eid el-Kabir Sallah message to Muslims...
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CBN Injects $280.04m, CNY 28.3m Into Retail SMIS

CBN Injects $280.04m, CNY 28.3m Into Retail SMIS

The Retail Secondary Market Intervention Sales (SMIS) has received a boost of $280.04 million from the Central Bank of Nigeria (CBN), which also injected the sum of CNY 28.3 million in the spot and short tenored forwards segment of the...
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New Samsung Galaxy Note 10 Debuts In Nigeria

New Samsung Galaxy Note 10 Debuts In Nigeria

By citybusinessnews@yahoo.com —  Samsung has unveiled Galaxy Note10, a new line of premium smartphones that combines design with powerful performance.  According to the company, the new product is inspired by a generation that flows seamlessly ...
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FRSC Deploys 956 Personnel, 14 Vehicles For Sallah Patrol In Kano

FRSC Deploys 956 Personnel, 14 Vehicles For Sallah Patrol In Kano

The Federal Road Safety Corps (FRSC), Kano State Command, has deployed 956 personnel, 14 patrol vehicles, two ambulances and tow trucks to Kano highways so as to ease traffic flow during the Eid-el-Kabir. The FRSC Sector Commander in the state,...
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Michelin Hike Tyre Prices

Michelin Hike Tyre Prices

By citybusinessnews@yahoo.com — The management of Michelin on Thursday approved between two and four per cent increase in the prices of Tyre in Africa, India & Middle East region.  The announcement will affect tyre prices across the commercial l...
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