City BusinessNews Archives — Page 367 of 407

August 9, 2019 No Responses

Customs Discovers Another 1.5 Tons Of Cocaine On containership

Following the recent record seizure of cocaine shipment at the Port of Hamburg, local customs officers have discovered a further 1.5 tons of cocaine on board a containership. The cocaine was found during a search of an unnamed boxship, Oliver...

August 8, 2019 No Responses

FRSC Sokoto Tackles Reckless Driving As Court Jails Two For Assaulting Marshals

The Federal Road Safety Corps (FRSC) Sokoto Zonal Command. Is set to deploy personnel and logistics including patrol vehicles and ambulances on all the major routes of Sokoto, Kebbi and Zamfara states in order to ease movement of vehicles and...

August 8, 2019 No Responses

Hamzat, Okonkwo, Seek More Finance, Infrastructure To Grow SMEs

The managing director and chief executive of Fidelity Bank, Mr Nnamdi Okonkwo, and the deputy governor of Lagos State, Dr Obafemi Hamzat, on Wednesday emphasized the need for access to finance, and infrastructure for small businesses and entrepreneurs fo...

August 8, 2019 No Responses

Kia Motors Targets Africa, Others With New Seltos SUV

South Korean auto major, Kia Motors is looking to export its made-in-India mid-sized SUV Seltos to various global markets like Africa and South America. The company, which has set up its manufacturing base in Andhra Pradesh with an installed production.....

August 8, 2019 No Responses

Mercedes-Benz Delivers 188,857 Units In July

Mercedes-Benz started the third quarter with a new sales record for the month ofJuly: A total of 188,857 cars with the three-pointed star were delivered (+12.7%). The ongoing model changes in the high-volume compact-car segment had a positive impact on...

August 8, 2019 No Responses

Gbemiga Ogunleye Mourns Sweet, Unforgettable Mother

By Gbemiga Ogunleye — It was the type of call no one wants to receive. No sooner had our Abuja-bound aircraft landed than my phone rang. My younger brother, a Pastor of the Deeper Life Bible Church was on the...

August 7, 2019 No Responses

Olam Stakes N120b For Dangote Flour Mill

Foremost food and agri-business company, Olam International, that previously showed interest in the acquisition of Dangote Flour Mill (DFM) has made a final offer of N120 billion. The transaction if successful will make DFM a completely owned subsidiary ...

August 7, 2019 No Responses

FRSC Deploys 35,000 Personnel, 736 Patrol Vehicles, Others For Eid El Kabir Special Patrol

With the declaration of Sunday, 11th as the day of Eid el Kabir in Nigeria, the Federal Road Safety Corps (FRSC) has commenced massive Mobilisation of its personnel for the Sallah special patrol aimed at ensuring safer road environment during...

August 7, 2019 No Responses

NNPC Seeks Military Support For Relaunch Of Exploratory Activities In Chad Basin, Others

The Nigerian National Petroleum Corporation (NNPC) has expressed its preparedness to re-enter and commence full operations at the Chad Basin, Gongola and Benue Trough, as it seeks for wholistic military supports for the protection of its workforce and high-tec...

August 6, 2019 No Responses

Dakuku: Nigeria Can Sustain Greatness, Create Millions Of Jobs Through Sports

The Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside, says sports has a big place in the country’s development equation, as the spirit of fairness and unity, which sporting events evoke, is a vital ing...

August 6, 2019 No Responses

Kia Delivers 225,902 Units In July

For the month of July, 2019, Kia Motors Corporation’s global sales stood at 225,902 units, a decline of 2.7% when compared to the same month last year. Sales in Kia’s home market, South Korea increased slightly to 47,080 units, reports the...

August 6, 2019 No Responses

Nigeria Begins Sale Of 2, 3 Year Savings Bonds

The Federal Government on Monday offered for subscription two-year savings bond at 10.301 per cent and three-year savings bond at 11.301 per cent per annum, the Debt Management Office (DMO) has said.According to the offer circular obtained from the DMO...

August 5, 2019 No Responses

Nigeria To Address VAT Exemption, Others On Capital Market Transactions

The Federal Government has stated that it is already tackling the issues regarding stamp duties collection and the extension of the VAT exemption on capital market transactions.This was stated by Vice President Yemi Osibanjo at the Awards Night of the...

August 5, 2019 No Responses

NNPC Attributes Increase In Price Of Kerosene To Pressure Of Demand, Supply

The Nigerian National Petroleum Corporation (NNPC) has attributed the increased in the price of household Kerosene in the country to the pressure of demand and supply.The NNPC Group General Manager, Group Public Affairs Division, Ndu Ughamadu, told the News Ag...