Tag: City BusinessNews

Seplat Appoints New CEO
November 19, 2019 No Responses

Seplat Appoints New CEO

Seplat Plc has announced the retirement of Mr Austin Avuru  as its Chief Executive Officer, effective July 31, 2020.  In a statement issued on Monday by the Company Secretary, Edith Onwuchekwa, the company explained that Avuru would be replaced by...
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NSE All-Share Index Down By 0.60%
November 19, 2019 No Responses

NSE All-Share Index Down By 0.60%

The Nigerian Stock Exchange (NSE) opened trading for the week on Monday with a loss of 0.60 per cent, amid profit taking as predicted by some market analysts. Speficially, the All Share Index shed 160.59 or 0.60 per cent to...
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Volkswagen Cuts Operating Profit, Sales
November 19, 2019 No Responses

Volkswagen Cuts Operating Profit, Sales

German carmaker Volkswagen on Monday cut its medium-term outlook for operating profit as the industry is being hit by a global downturn. VW now expects operating profit before special items to grow by at least 25% in the 2016-2020 period,...
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NPA Boss Implores Maritime Stakeholders On Entrepreneurship, Economic Growth
November 18, 2019 No Responses

NPA Boss Implores Maritime Stakeholders On Entrepreneurship, Economic Growth

The Managing Director, Nigerian Ports Authority (NPA), Hadiza Bala Usman has challenged stakeholders to harness various opportunities in the Maritime Sub-Sector through entrepreneurship.Speaking at the second edition of the Nigeria and Entrepreneurship Summit ...
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BCOS, U Fit Fly Sign Partnership Agreement
November 18, 2019 No Responses

BCOS, U Fit Fly Sign Partnership Agreement

The Broadcasting Corporation of Oyo State has signed a multi-million naira partnership deal with a leading travel agency in Nigeria, Absolute Success travels, limited, popularly known as U fit fly.The detail of the mutual deal stipulates that the State owned.....
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Emirates Sets Aside $16b For 50 Airbus A350 Planes
November 18, 2019 No Responses

Emirates Sets Aside $16b For 50 Airbus A350 Planes

The Dubai-based Emirates Airline has ordered 50 Airbus A350 planes worth a total of 16 billion dollars.The company ordered an additional 20 jets during the Dubai Air Show, in addition to the 30 A350s that were announced earlier in the...
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Photo News:
November 18, 2019 No Responses

Photo News:

Gospel Musician, Joepraize,  celebrates with wife and son after winning the Hit Song Of the Year Category for his song “Joy Overflow” at the LIMA Awards 2019 in Lagos. To the right is Pastor Chris Oyakhilome
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Bayelsa Gov-Elect Visits Buhari
November 18, 2019 No Responses

Bayelsa Gov-Elect Visits Buhari

President Muhammadu Buhari on Monday met behind closed doors with Bayelsa Governor-elect, Mr David Lyon, at the Presidential Villa, Abuja.The News Agency of Nigeria (NAN) reports that the governor-elect was accompanied on the visit by National Chairman of the ...
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INEC Declares APC Winner Of Bayelsa Governorship Election
November 18, 2019 No Responses

INEC Declares APC Winner Of Bayelsa Governorship Election

The All Progressives Congress (APC) governorship candidate in Bayelsa State, David Lyon, has been declared winner of the Bayelsa State 2019 governorship election held on Saturday. The declaration was made  by Faraday Orumwese, Vice Chancellor of the Unive...
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NPA Faults Usage Of Secured Anchorage Area
November 18, 2019 No Responses

NPA Faults Usage Of Secured Anchorage Area

The crisis between Nigerian Ports Authority (NPA) and a group identified as Association of Professionals for Safety in Shipping in Nigeria (APOSSIN) has assumed a new dimension as NPA petitions relevant Federal Government agencies.  Already, the managemen...
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Ex-lawmaker Tasks Sanwo-Olu On Rail Development
November 18, 2019 No Responses

Ex-lawmaker Tasks Sanwo-Olu On Rail Development

A former Lagos lawmaker, Mr Dipo Olorunrinu, on Sunday called on Gov. Babajide Sanwo-Olu to invest in rail infrastructure in the state. Olorunrinu, who represented Amuwo-Odofin Constituency I in the 8th Lagos State House of Assembly, told the News Agency...
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Dana Air Airlifts 5.4m Passengers In 11 Years
November 17, 2019 No Responses

Dana Air Airlifts 5.4m Passengers In 11 Years

Dana Air airlifted not less than 5.4 million passengers in the last 11 years of its operations.  A statement issued on Saturday by the airline’s Media and Communications Manager, Mr Kingsley Ezenwa explained that the airline hopes to double the...
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NYSC DG Lauds Border Closure
November 17, 2019 No Responses

NYSC DG Lauds Border Closure

The Director-General of the National Youth Service Corps (NYSC), Brig.-Gen. Shuaibu Ibrahim, has commended the Federal Government over its ongoing closure of the country’s land borders. Ibrahim made the commendation on the sidelines of his visit to inspect f...
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First Bank Photo News
November 16, 2019 No Responses

First Bank Photo News

L-R: Ismail Omamegbe, Head, CR&S and Media & External Relations, FirstBank; Adeola Asabia, Member, Board of Trustees, Samuel Asabia Chair, Business Ethics, University of Lagos, FirstBank Endowment Programme; Banji Fehintola (CFA), President, CFA Societ...
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