City BusinessNews Archives — Page 40 of 371

May 31, 2024 No Responses

Tinubu To Unveil NASENI Kia Portland Facility For Hybrid, CNG Vehicles

On Friday, May 31, 2024, President Bola Ahmed Tinubu is to commission the National Agency for Science and Engineering Infrastructure (NASENI) Kia Portland facility for Kia Hybrid and Compressed Natural Gas (CNG)Vehicles in Utako, Abuja.This facility is set to become...

May 31, 2024 No Responses

Hyundai Orders Six LNG Car Carriers

South Korean logistics company, Hyundai Glovis, part of the Hyundai Motor Group, has ordered six 10,800 CEU LNG dual-fuel pure car and truck carriers (PCTCs) in China. The shipbuilding contract was signed with Guangzhou Shipyard International (GSI), part of Ch...

May 31, 2024 No Responses

Committee Seeks Exception Of Manufacturers, Farmers From Withholding Tax

As part of measures to reduce tax burden on businesses, the Presidential Committee on Fiscal Policy and Tax Reforms has proposed an exemption of manufacturers and farmers from paying withholding tax. Chairman of the Committee, Taiwo Oyedele di...

May 31, 2024 No Responses

Reps Query NIPC Over N3.15b Expenditure

The House of Representatives has queried the Nigerian Investment Promotion Commission (NIPC) for recording an expenditure of N3.15 billion, despite submitting a revenue of N2.89 billion in the first quarter of 2024. The law makers issued the query on Thursday....

May 31, 2024 No Responses

Trump Convicted In Hush Money Trial

A New York jury convicted Donald Trump on all charges in his hush-money case Thursday in a seismic development barely five months ahead of the election where he seeks to recapture the White House. The first criminal trial of a...

May 30, 2024 No Responses

FG Commissions CNG Plant In Lagos

In its continued efforts to provide alternative source of fuel for Nigerians and lessen the impact of subsidy removal on petrol, the Federal Government has commissioned a 5.2 million standard cubic feet per day (mmscfd) Compressed Natural Gas (CNG) plant...

May 30, 2024 No Responses

Tinubu Inaugurates N10b Ibeno Bridge

President Bola Ahmed Tinubu has applauded the Niger Delta Development Commission, NDDC, as he inaugurated the N10 billion Iko-Atabrikang-Opolom-IwuoAchang Road project, which includes the 600-meter Ibeno Bridge, in Ibeno Local Government Area of Akwa Ibom Stat...

May 30, 2024 No Responses

FRSC Produces 3.56m Number Plates

The Federal Road Safety Corps (FRSC) produced a total of 3,563,759 number plates for motor vehicles and motorcycles between 2020 and 2022. According to the National Bureau of Statistics (NBS), FRSC produced number plates for motor vehicles tot...

May 30, 2024 No Responses

Kia Unveils New Sorento For Africa, Middle East

Kia Middle East and Africa has announced the launch of the new Kia Sorento restyled model, set to redefine the mid-size SUV market in the region. According to Kia, the launch marks a significant milestone for Kia, showcasing the brand’s...

May 29, 2024 No Responses

Dosunmu Canvasses Support For LG Autonomy

Former Director General, Nigerian Maritime Administration and Safety Agency (NIMASA) and public policy analyst, Dr. Ade Dosunmu has described the proposal by the Federal Government to grant full autonomy to the local governments in Nigeria as a welcome develop...

May 29, 2024 No Responses

Unilag, Daysprings School, Marvelvine Montessori School Top Ecobank’s National Schools Team Chess Championship

University of Lagos (UNILAG), DaySpring School, Lagos and Marvelvine Montessori School, also in Lagos, have emerged winners in the tertiary, secondary and primary schools’ categories of the 2024 Ecobank National Schools’ Teams Chess Competition at the Pan ...

May 29, 2024 No Responses

Chery Displays Style, Strength In Lagos

By citybusinessnews@yahoo.com. – The test drive was an opportunity for the growing list of Chery fans to experience the vehicles firsthand, understand its features, and assess its overall performance.Take off point was the Carloha Showroom in Alapere, La...

May 29, 2024 No Responses

Lagos Unveils Transport Policy, 15 New Boats

Lagos State Government is committed to implementing rigorous safety protocols to protect commuters by leveraging cutting-edge technologies and enhance traffic management in the State. The Governor, Mr. Babajide Olusola Sanwo-Olu stated this on Tuesday while sp...

May 29, 2024 No Responses

Edo Flags Off Free Vaccination Against HPV

The Edo State Government has flagged off free vaccination against Human Papilloma Virus (HPV), targeting children between 9 to 14 years, in a renewed effort to safeguard the girl-child from the scourge of cervical cancer. The Edo State First Lady,...