City BusinessNews – Page 403 – City Business News

October 23, 2019 No Responses

Ceat Declares Improved Gross Earnings

For the second quarter ended September 30,2019, Tyre Firm, Ceat Limited Earnings Before Interest, Tax, Depreciation and Amortization (EBITDA) and gross margins witnessed growth in comparison to the previous quarter.Managing Director of the company, Anant Goenka on Tuesday attributed the...

October 22, 2019 No Responses

Customs Arrest 15 Suspects For Re-Bagging Foreign Rice

The Adamawa/Taraba Command of Nigeria Customs Service (NCS) has arrested 15 suspects for re-bagging foreign rice to sell as local rice. Briefing Journalists on Tuesday, the Controller in charge of Adamawa/Taraba Command, Mr Kamardeen Olumoh, explained that the...

October 22, 2019 No Responses

Adamawa Assembly Approves 40 Special Advisers For Fintiri

The Adamawa House of Assembly on Tuesday, approved 40 Special Advisers for Governor Ahmadu Fintiri.The development followed a request by the governor, through a letter read by the Speaker, Aminu Iya-Abbas, at the plenary.The house also passed a resolutio...

October 22, 2019 No Responses

FRSC Increases Driver’s Licence Production Centres To 43 In Lagos

The Federal Road Safety Corps (FRSC) has increased the number of centres for driver’s licence production in Lagos zone to 43.The Acting Zonal Public Education Officer, Ijeoma Ajuzie explained that the initiative is designed to serve the public be...

October 22, 2019 No Responses

SEC Photo New

L-R:Managing Director, Central Securities Clearing System (CSCS), Mr Jalo Waziri, Acting Director General, Securities and Exchange Commission (SEC) Ms Mary Uduk and Managing Director, Nigerian Association of Securities Dealers, Mr Bola Ajomole during an ...

October 22, 2019 No Responses

Sagamites Club Announce Business Support Initiative

A private socio-economic club in Ogun-state, known as The Sagamites Club, has announced the launch of its annual leadership conference and business support initiative for local businesses in and around, Sagamu, Remo, Ogun state.This prestigious club made up of...

October 22, 2019 No Responses

Total Nigeria, CFAO Seal After-Sales Partnership

Total Nigeria Plc in partnership with CFAO Nigeria Plc has inaugurated after-sales outlets identified as AutoFast across the country.The Managing Director/Country Delegate, CFAO Nigeria Plc, Mr Thomas Pelletier explained on Monday that the partnership is desig...

October 22, 2019 No Responses

U.S-Nigeria Trade Council Faults $3b Power Sector Loan

The U.S.-Nigeria Trade Council has advised the Federal Government to stop taking fresh loans, pointing out that the country “can’t afford it any longer”. Reacting to the proposed $3billion power sector loan from the World Bank, the council explaine...

October 22, 2019 No Responses

Exxon Mobil Accused Of Misleading Investors

An unprecedented climate change lawsuit against American oil giant Exxon Mobil is set to go ahead in New York. The state has accused the company of misleading investors about the potential costs of climate regulation to its business. Exxon says...

October 22, 2019 No Responses

Kia Employs 1,000 New Staff As Bookings For Seltos Exceed Expectations

Enthused by the sustained bookings for Seltos SUVs which have crossed 60,000 units, Kia Motors has started its second shift at Anantapur facility in Andhra Pradesh in India to take the capacity to over 15,000 units a month by adding...

October 21, 2019 No Responses

Controversy Trails Makinde’s N8b Iwo Road Project

The Oyo State chapter of the All Progressives Congress (APC) has criticised plan by the Governor Seyi Makinde-led administration to spend N8 billion on a proposed reconstruction of the popular Iwo Road interchange in Ibadan, the state capital. The...

October 21, 2019 No Responses

Nigeria To Secure $3b Power Sector Loan

The Minister of Finance, Mrs Zainab Ahmed, on Sunday said the Federal Government’s request for a World Bank loan to finance the power sector was at the verge of being granted. Ahmed stated this at a media briefing on activities...

October 21, 2019 No Responses

Photo News

Left to Right: Director General, West African Monetary Institute, Dr. Ngozi Egbuna, Deputy Governor, Central Bank of Nigeria, Mrs Aisha Ahmad and Acting Director General, Securities and Exchange Commission (SEC) on Sunday at the ongoing annual meetings of the ...

October 21, 2019 No Responses

Nigeria Pledges Full Support For 2019 AFRIMA

The Federal Government has pledged its full support for the successful hosting of the 2019 All Africa Music Awards (AFRIMA), as the country prepares to host the glamorous event in Lagos 20-23 November 2019, with the theme: ”Feel Africa”. The...