City BusinessNews – Page 401 – City Business News

October 28, 2019 No Responses

Airless Tyre: Bridgestone, Others Target Driverless Cars

Makers of airless tyres such as Japan’s Bridgestone Corp. hope driverless cars will herald a breakthrough for their niche technology, which is more than a decade old but underperforms standard tyres in every way except resistance to puncture. Autonomous driving...

October 28, 2019 No Responses

Catholic Cleric Urges Journalists To Rebrand Nigeria

Rev. Fr. Christian Anokuru, Head Coordinator, Catholic Diocese of Umuahia, has called on journalists to rebrand the country by reporting fearlessly, as demanded by the ethics of their profession. The priest made the call during Sunday’s Thanksgiving Service ...

October 28, 2019 No Responses

Renault Seek New Partners As Revenue Drops Further

French carmaker Renault is on the hunt for new partners to buy its cars and components as it reported a fall in quarterly revenue and pushed ahead on a strategic review with “nothing off the table”. According to agency reports,...

October 27, 2019 No Responses

Anyaoku, Others Canvass Support For Border Closure

Eminent Nigerians on Saturday canvassed support for President Muhammadu Buhari-led administration on the closure of Nigeria’s border. They made the call at the 2019 Investiture of the Chartered Institute of Bankers of Nigeria (CIBN) on Saturday in Lago...

October 27, 2019 No Responses

Michelin Cut Full-Year Market Forecasts

Again, Michelin has cut its full-year market forecasts, pointing out a sharper-than-expected downturn in the truck segment. The group, which said two weeks ago it would close a French plant in response to deteriorating conditions of the auto industry, al...

October 27, 2019 No Responses

WFE Issues Call For Academic Papers

The World Federation of Exchanges (WFE) has issued a call for papers, ahead of its Clearing & Derivatives Conference in Malta, 26-27 March 2020. According to WFE, the conference will bring together academics, policy-makers, WFE member CCPs and deriva...

October 27, 2019 No Responses

Renault Declares 4.4 Per Cent Drop In Sales

Renault’s group revenue fell in the third quarter, weighed down by a drop in production at partners Nissan and Daimler as declining demand for diesel engines added to the effects of a slowing global market. The company, which owns 43.4%...

October 26, 2019 No Responses

Another 12,000 Farmers To Benefit From CBN’s Anchor Borrowers Scheme

The Rice Farmers Association of Nigeria (RIFAN), Niger chapter, on Saturday said that the Central Bank of Nigeria (CBN) has approved the participation of 12, 000 members in the 2019 Anchor Borrowers Programme (ABP).Alhaji Idris Abini, chairman RIFAN in the...

October 26, 2019 No Responses

Obaseki Congratulates New UNIBEN VC

Edo State Governor, Mr Godwin Obaseki, has congratulated Prof. Lilian Imuetinyan Salami on her emergence as the 10th substantive Vice Chancellor of the University of Benin (UNIBEN).In a statement in Benin, the governor said he was confident that Prof. Salami.....

October 26, 2019 No Responses

IMF/World Bank Forum Participant Diagnosed With Chickenpox

A participant at the recent International Monetary Fund/World Bank Annual Meetings held in Washington DC, United States, has been diagnosed with chickenpox.The Secretary of IMF, Jianhai Lin, disclosed this in a statement on Friday, citing a letter from the Was...

October 26, 2019 No Responses

Coscharis Motors To Unveil New Ford Edge October 30

Sole representative of Ford Motor Company in Nigeria, Coscharis Motors has concluded plans to unveil new Ford Edge on October 30, 2019 at the International Conference Centre Annex, Abuja, venue of the 20th Abuja International Motor Fair.According to Abiona Bab...

October 25, 2019 No Responses

Oyo Acquires 300 Hectares For Ibadan Dry Port, Seeks Support From Land Owners

The Oyo State Government has solicited the cooperation of land owners whose properties have been earmarked for the new Ibadan Inland Dry Port to ensure realisation of the project. Under the proposed transformation of the state economy, the new inland...

October 25, 2019 No Responses

Egbemode Emerges Information Commissioner As Oyetola Inaugurates Cabinet

Governor Gboyega Oyetola of Osun on Thursday inaugurated his cabinet, almost a year after he was sworn-in as the governor. Oyetola, who was sworn-in as the governor on Nov. 27, 2018, appointed Mrs Funke Egbemode, the President Nigeria Guild of...

October 25, 2019 No Responses

NPA Condemns Mayhem At Lilypond Transit Truck Park

The Management of Nigerian Ports Authority (NPA) has condemned the invasion of Lilypond Transit Truck Park on Thursday by hoodlums. According to NPA, the Transit Truck Park was invaded by hoodlums who resisted the activities of the Lagos State Task...