City BusinessNews – Page 398 – City Business News

November 4, 2019 No Responses

Peugeot, Fiat Chrysler To Sign $50b Merger Deal In December

Fiat Chrysler and Peugeot owner PSA aim to sign a final merger agreement as early as the beginning of December. The two automakers explained last week that they planned to join forces in a 50-50 share merger to create the...

November 4, 2019 No Responses

Border Closure: Customs Dismisses January 2020 Terminal Date

All Nigerian land borders will remain partially closed. No date has been set for reopening, the Nigerian Customs Service (NCS) clarified on Sunday. Reacting to reports in the media insinuating January 2020 terminal date, spokesman of the NCS, Mr. Joseph....

November 4, 2019 No Responses

ENL Explains N4b Expenditure, Set 2022 completion time for Ibadan Road Project

ENL Consortium Limited, the company handling the construction of the East Wing section of Ibadan Circular Road project, has expressed its commitment to the completion of the road in 2022. Meanwhile, the company said it has committed about N4 billion...

November 4, 2019 No Responses

FRSC Probes Origin Of Number Plate

The Corps Marshal, Federal Road Safety Commission (FRSC), Dr Boboye Oyeyemi, has ordered investigation into a particular plate number in Kano. The number plate has the inscription of “Chip Whip” purportedly for a member of the Kano state House of...

November 3, 2019 No Responses

Border Closure: Nigeria Reassures Farmers Of Support

The Minister of State for Agriculture and Rural Development, Mustapha Shehuri, on Saturday reassured farmers on accessibility of better farming equipment and government support. Shehuri gave the assurance when he visited the Livestock House of the Federa...

November 3, 2019 No Responses

Obaseki Condemns Attack At Oshiomhole’s House

The Edo State Governor, Mr. Godwin Obaseki has condemned the attack on him, the Oba of Lagos, Oba Rilwan Akiolu, Chancellor of the Edo University, Iyahmo, Dr. Aderemi Makanjuola and other guests at the residence of former Governor of the...

November 3, 2019 No Responses

New Fiat Pick Up Debuts At Lagos Trade Fair

Fortified with 2.4lit engine and available in single and double engine, a new Fiat Pick Up has joined ongoing competition in the Nigerian market. A reporter from City BusinessNews (www.citybusinessnews.com) who was at the ongoing lagos Internation Trade ...

November 3, 2019 No Responses

UBA Offers Full Banking Services At Lagos Trade Fair

The United Bank (UBA)for Africa Plc has commenced full banking services at the ongoing Lagos International Trade Fair. The Fair scheduled to hold between November 1st and 10th, 2019, is the 33rd edition and is put together by UBA Plc...

November 3, 2019 No Responses

Michelin Pavilion At The Ongoing Lagos International Trade Fair

November 2, 2019 No Responses

GM Recalls 638,000 Chevrolet Suburban, Tahoe

General Motors has recalled 638,000 Sport Utility Vehicles and pickup trucks because a wheel-speed sensor could fail and cause unintended braking.The recall covers some 2015-2020 Chevrolet Suburban, Tahoe, and Yukon models, and some 2014-2018 Chevrolet Silvera...

November 2, 2019 No Responses

14 Firms Bid For OML 119 Redevelopment Financing

The Nigerian National Petroleum Corporation (NNPC) has publicly opened bids from 14 companies for the financing and redevelopment of Oil Mining Lease (OML) 119. The Corporation disclosed this in a statement issued by its Acting spokesman, Mr Samson Makorji, in...

November 2, 2019 No Responses

Samsung Lays Keel For 174,000 cbm LNG Carrier

South Korean shipbuilder Samsung Heavy Industries has held a keel-laying ceremony for one of two 174,000 cbm LNG carriers ordered by LNG carrier owner and operator of GasLog. The keel-laying ceremony took place half a year after the ship started...

November 2, 2019 No Responses

Mahama To Deliver Realnews 7th Anniversary Lecture In Lagos

John Dramani Mahama, former President of the Republic of Ghana will deliver the Seventh Anniversary Lecture of Realnews Magazine on Tuesday, November 19, at the Sheraton Hotel, Lagos. “Beyond Politics: An Economic Narrative for West Africa” is the main top...