City BusinessNews – Page 427 – City Business News

August 13, 2019 No Responses

APM Terminals To Expand Terminal

APM Terminals Yucatán, operator of the Port of Progreso in Mexico has unveiled an investment to expand and modernize the port’s container terminal. The terminal has doubled its volumes from 80,000 to 140,000 TEUs throughput over the last two years....

August 13, 2019 No Responses

NAFDAC Explains Agenda To Phase Out Sniper From Open Market

The National Agency for Food and Administration and Control has reiterated its plans to phase out sniper from the open market in no distant time. NAFDAC’s Director of Public Affairs, Dr Abubakar Jimoh, restated this in an interview with the...

August 12, 2019 No Responses

Businessman Returns N2.2b Mistakenly Paid Into His Account

Managing Director of Peace Mass Transit (PMT), Dr Maduka Onyishi, returned N2,219,500,000 which was overpaid into his account by the First Bank Nigeria. A cheque bearing the overpaid amount was received on behalf of First Bank by the Business Manager,...

August 12, 2019 No Responses

Buhari To Corps Members: Use Your Education To Unite Nigeria

President Muhammadu Buhari on Sunday in Daura, Katsina State, challenged members of the National Youth Service Corps (NYSC) to live up to expectation of the founding fathers by utilising their education and privilege of visiting different parts of the country....

August 12, 2019 No Responses

Again, SEC Urges Nigerians to Shun Ponzi Schemes

Nigerians have again been advised to desist from investing their money in various investment schemes that are not registered to carry out fund management functions. This was stated weekend by Ag. Director General of the Securities and Exchange Commission (SEC)...

August 12, 2019 No Responses

Sallah: Dakuku Urges Nigerians To Embrace Love, Peace

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside has urged Nigerians to embrace love and ensure peaceful coexistence among one another as they celebrate Sallah. The NIMASA DG who said that sall...

August 11, 2019 No Responses

Buhari Seeks National Unity As Muslims Celebrate Eid-El-Kabir

President Muhammadu Buhari has said the greatest commitment to Islam is for Muslims to put its good virtues into practice, and by making justice and righteousness the guiding principle of their everyday life.In his Eid el-Kabir Sallah message to Muslims...

August 10, 2019 No Responses

CBN Injects $280.04m, CNY 28.3m Into Retail SMIS

The Retail Secondary Market Intervention Sales (SMIS) has received a boost of $280.04 million from the Central Bank of Nigeria (CBN), which also injected the sum of CNY 28.3 million in the spot and short tenored forwards segment of the...

August 9, 2019 No Responses

New Samsung Galaxy Note 10 Debuts In Nigeria

By citybusinessnews@yahoo.com — Samsung has unveiled Galaxy Note10, a new line of premium smartphones that combines design with powerful performance. According to the company, the new product is inspired by a generation that flows seamlessly ...

August 9, 2019 No Responses

FRSC Deploys 956 Personnel, 14 Vehicles For Sallah Patrol In Kano

The Federal Road Safety Corps (FRSC), Kano State Command, has deployed 956 personnel, 14 patrol vehicles, two ambulances and tow trucks to Kano highways so as to ease traffic flow during the Eid-el-Kabir. The FRSC Sector Commander in the state,...

August 9, 2019 No Responses

Michelin Hike Tyre Prices

By citybusinessnews@yahoo.com — The management of Michelin on Thursday approved between two and four per cent increase in the prices of Tyre in Africa, India & Middle East region. The announcement will affect tyre prices across the commercial l...

August 9, 2019 No Responses

Customs Discovers Another 1.5 Tons Of Cocaine On containership

Following the recent record seizure of cocaine shipment at the Port of Hamburg, local customs officers have discovered a further 1.5 tons of cocaine on board a containership. The cocaine was found during a search of an unnamed boxship, Oliver...

August 8, 2019 No Responses

FRSC Sokoto Tackles Reckless Driving As Court Jails Two For Assaulting Marshals

The Federal Road Safety Corps (FRSC) Sokoto Zonal Command. Is set to deploy personnel and logistics including patrol vehicles and ambulances on all the major routes of Sokoto, Kebbi and Zamfara states in order to ease movement of vehicles and...

August 8, 2019 No Responses

Hamzat, Okonkwo, Seek More Finance, Infrastructure To Grow SMEs

The managing director and chief executive of Fidelity Bank, Mr Nnamdi Okonkwo, and the deputy governor of Lagos State, Dr Obafemi Hamzat, on Wednesday emphasized the need for access to finance, and infrastructure for small businesses and entrepreneurs fo...