City BusinessNews – Page 395 – City Business News

November 12, 2019 No Responses

Buhari, UI, ASUU, Others Mourn Tam David-West

President Muhammadu Buhari has expressed deep sorrow at the passage of his ally and friend, a man he usually called “the indomitable Tam David-West.” The President’s condolence message was conveyed in a statement by his Special Adviser on Media and...

November 11, 2019 No Responses

Eid el-Maulud: Buhari Implores Muslims To Follow Examples Of Prophet Muhammad

President Muhammadu Buhari has said “the greatest honour Muslims could do the Prophet Muhammad is to follow his shining examples of non-violence, peaceful disposition and remarkable virtues of patience.” In his goodwill message to the Muslim Ummah on the o...

November 11, 2019 No Responses

NYSC Dismisses Two Female Corps Members

The National Youth Service Corps (NYSC) in Ebonyi has dismissed two corps members currently undergoing orientation programme for refusing to wear the statutory camp shorts and trousers. The dismissal was made known in a statement made available, on Sunday, by....

November 10, 2019 No Responses

Daimler To Sack 1,100 Senior Management Staff

Daimler will cut 1,100 leadership positions worldwide, or about 10% of its management, German daily Sueddeutsche Zeitung has said, citing a newsletter circulated by the company’s works council. According to Agency Report, a spokesman for Daimler’s ...

November 10, 2019 No Responses

Kajola Rail Wagon Assembly Plant To Generate 5,000 Jobs

The Rail Wagon Assembly Plant construction in Nigeria will generate about 5,000 direct and indirect jobs when completed, Vice President Yemi Osinbajo declared on Saturday Speaking on Saturday while performing the Official Ground Breaking Ceremony for the const...

November 10, 2019 No Responses

Buhari Mourns Ore Falomo

President Muhammadu Buhari has condoled with the family of the late Dr Ore Falomo over the demise of the renowned medical practitioner. The president’s condolence message was contained in a statement issued by his spokesman, Mr Femi Adesina, in Abuja,...

November 9, 2019 No Responses

Speaker Implores Sanwo-Olu On Rail Projects

Lagos State House of Assembly Speaker, Mudashiru Obasa has urged Governor Babajide Sanwo-Olu to give priority to rail infrastructure as part of measure to develop the state. Obasa gave the advice at the budget presentation entitled “The Budget of Awake...

November 9, 2019 No Responses

IWEC Appoints Awosika President

The International Women’s Entrepreneurial Challenge Foundation (IWEC) has announced the appointment of Chairman of First Bank of Nigeria Limited, Ibukun Awosika as the new President of Board of Directors. A statement issued on Friday by First Bank exp...

November 9, 2019 No Responses

Kia Inaugurates Public Healthcare Centre In Ghana

Kia Motors Corporation has inaugurated a new public healthcare center in Ghana, the latest step in the company’s ‘Green Light Project’ global corporate social responsibility program that seeks to improve public health, education and skills in developing ...

November 8, 2019 No Responses

Nestle Nigeria Records N203.1b Revenue, N33.1b Profit In Q3

For the third quarter ended September 2019, Nestlé Nigeria Plc recorded a revenue of N211.3 billion, up by 4.0 percent when compared to N203,134,728 billion in 2018. Profit for the period also increased to N36,841,330 billion compared to N33,118,287billion at...

November 8, 2019 No Responses

NPA Boss Reiterates Commitment To Effective Service Delivery At Seaports

The Managing Director, Nigerian Ports Authority (NPA), Hadiza Bala-Usman, has reiterated the agency’s commitment to ensure effective service delivery at all Nigerian seaports. A statement issued by General Manager, Corporate and Strategic Communication...

November 8, 2019 No Responses

Oyedepo Cautions Against Examination Malpractices As Covenant University Matriculates 1,860 Students

The Chancellor of Covenant University, Ota , Ogun State, Dr David Oyedepo on Friday reiterated that the institution has zero tolerance for all forms of examination malpractices. Speaking at the 18th Matriculation of the institution, Oyedepo urged the students ...

November 8, 2019 No Responses

Smartflow Technologies Marks 10th Anniversary, To Sustain Quality, Accurate Solutions

Smartflow Technologies, the foremost provider of automation services to Nigeria’s downstream oil and gas sector, has marked its tenth year anniversary. At the annual Oil Trading and Logistics (OTL) Africa Downstream Week, the continent’s leading oil and ga...

November 8, 2019 No Responses

Toyota Declares $6.09b Profit, 2.75m Sales In Q2

Toyota Motor Corporation posted a 14% rise in second-quarter profit on Thursday, boosted by a rise in global vehicle sales. Japan’s biggest automaker posted an operating profit of 662.3 billion yen ($6.09 billion) in the July-September quarter, up from 5...