City BusinessNews Archives — Page 373 of 407

July 14, 2019 No Responses

Samsung Unveils Remote-Controlled 5G Car

Samsung has revealed its 5G enabled car that can be operated remotely. developed in association with Vodafone. The South Korean technology giant claims, this connected car s first-of-its-kind virtual reality car. Based on a Lincoln MKZ, the car was being...

July 13, 2019 No Responses

Mercedes-Benz Delivers 1.2m Cars In Six Months

After the first six months of the year, Mercedes-Benz continues to be the leader among the premium car brands in a highly competitive environment worldwide, despite ongoing model changes. From January to June, 1,134,729 cars were handed over to customers...

July 12, 2019 No Responses

DFM Debuts In Nigeria, Partners Dana Motors

By Moses Ebosele, ebosele@hotmail.com – DongFeng Motor Corporation (DFM) has commenced business activities in Nigeria in collaboration with Dana Motors. Under the arrangement, products from DFM stable such as Pick-Ups, Sports Utility Vehicles...

July 11, 2019 No Responses

SAHCO Records N6.2b Revenue, N23.1b Assets In 2018

For the year ended December 2018, Skyway Aviation Handling Company Plc (SAHCO) generated N6.2billion revenue, 23.2 per cent higher than 4.9billion recorded in 2017. In its 2018 financial statement sent to the Nigeria Stock Exchange (NSE) on Wednesday, the comp...

July 11, 2019 No Responses

NPA Photo News

The Managing Director, Nigerian Ports Authority (NPA), Hadiza Bala Usman (middle), the Director General, Nigeria Chamber of Shipping, Obiageli Obi (left), President Women In Maritime (WIMA, Nigeria) Hajia Bola Muse (right), during a working visit to the Managi...

July 11, 2019 No Responses

NNPC Seeks Adequate Funding of Petroleum Sector

The Nigerian National Petroleum Corporation (NNPC) has urged the Senate to ensure adequate funding of the oil and gas sector to guarantee sustainable revenue flow from the sector. Group Managing Director of the NNPC Mallam Mele Kyari made the appeal...

July 10, 2019 No Responses

Senate Seeks Death Penalty For Rapists

The Nigerian Senate on Tuesday canvassed application of death penalty to rapists as part of measures to curb the crime. Besides resolving on death penalty for offenders, the lawmakers underscored the necessity to review relevant laws as well as open...

July 10, 2019 No Responses

NSE Admits Airtel Africa At N363 Per Share

The Nigerian Stock Exchange (NSE) has announced the Cross Border Secondary Listing of 3,758,151,504 ordinary shares of Airtel Africa Plc. The shares were listed on Tuesday at an offer price of N363 per ordinary share on the Main Board of...

July 10, 2019 No Responses

Nigeria Explains Dispute With Switzerland Over Detained Ship

The Federal Government says it has successfully defended its rights in the dispute between the country and Switzerland in an International Tribunal for the Law of the Sea (ITLOS). Adetayo Apata, the Solicitor General of the Federation (SGF) and Permanent...

July 10, 2019 No Responses

Fidelity Private Bank Wins At PWM Global Wealth Tech Awards

Fidelity Bank won the ‘Best Digital Networking Bank For Entrepreneurs, Africa 2019’ at 2019 PWM Wealth Tech Awards held in London, United Kingdom (UK) recently. Organized by Professional Wealth Management (PWM), a Financial Times Publication, the awards ce...

July 9, 2019 No Responses

Bank Backs AfCFTA With $1b

The African Export-Import Bank (Afreximbank) says it is providing one billion dollars grant to African countries to support the implementation of the Agreement for the African Continental Free Trade Area (AfCFTA). In a statement by Afreximbank’s spokesman, M...

July 9, 2019 No Responses

Coscharis Welcomes New 7 Series

The all new BMW 7 series is has arrived in Nigeria courtesy Coscharis Motors. The BMW brand flagship comes with a more distinctive, luxurious and outstanding dynamics. It stands out with its prestigious, elegant appearance, superlative comfort and exceptionall...

July 9, 2019 No Responses

Anambra Implores FG On Death of Ndubuisi-Chukwu In South Africa

Governor of Anambra State, Willie Obiano has urged the Federal Government to investigate the alleged murder of Mrs Obianuju Ndubuisi-Chukwu’s in Johannesburg. Mr Don Adinuba, Anambra State Commissioner for Information and Public Enlightenment, in a statement...

July 9, 2019 No Responses

Photo News

L – R (A) shows Mr. Bola Adeeko, Head, Shared Services Division, The Nigerian Stock Exchange (NSE); Ms. Tinuade Awe, Executive Director, Regulation, NSE; Mr. Oscar N. Onyema, OON, Chief Executive Officer, NSE; Ms. Mary Uduk, Acting Director General, Securiti...