City BusinessNews – Page 450 – City Business News

April 28, 2019 No Responses

JAMB To Release 2019 UTME Results Monday

The Joint Admissions and Matriculation Board (JAMB) has assured candidates of the 2019 Unified Tertiary Matriculation Examination (UTME) that results would be ready from April 29. The Board’s Head of Media and Publicity, Dr Fabian Benjamin, disclosed this in an...

April 28, 2019 No Responses

China Acquires Stake In LNG Project

Russian gas producer Novatek has entered into agreements with two Chinese companies, allowing them to buy into the Arctic LNG 2 project. China National Oil and Gas Exploration and Development Company (CNODC), a subsidiary of China National Petroleum Corporatio...

April 27, 2019 No Responses

Shipyard Begins Construction Of First Grimaldi GG5G RoRo Vessel

China’s Jinling Shipyard has started construction of the first hybrid roll-on/roll-off (RoRo) freighter for Italian shipping company Grimaldi Group. Danish marine consultancy Knud E. Hansen, which was in charge of designing the vessels, confirmed the milesto...

April 27, 2019 No Responses

Peugeot Maker, PSA Group Explains Drop In Revenue

Peugeot maker, PSA Groupe has reported a 1.1 percent decline in revenue, as falling overseas sales outweighed pricing improvements in the first quarter. According to the Group, revenue fell to 17.98 billion euros ($20.05 billion) in January-Marc...

April 27, 2019 No Responses

Lee Engineering Photo News

Group Managing Director, Nigeria National Petroleum Corporation (NNPC), Dr. Maikanti Baru (Left) On Friday Toured Lee Engineering And Construction Company’s Ultra Modern Facilities, In Warri, Delta State. With Him Is the Chairman/Chief Executive Officer, Chi...

April 26, 2019 No Responses

Access Bank Shareholders Get 25kobo Final Dividend

Shareholders of Access Bank Plc on Thursday approved the final payment of 25kobo dividend. Speaking during the Annual General Meeting in Lagos, the Shareholders also commended the Board and Management of the Bank on the successful merger with Diamo...

April 26, 2019 No Responses

Microsoft Hits $1trillion Market Value

Microsoft has seen its stock market value top $1 trillion (£774bn) after reporting better-than-expected sales and profits. The US software giant passed the mark briefly on Thursday, before its share price fell back. It makes it one of only three...

April 26, 2019 No Responses

Michelin Declares $6.5b Sales In Q1

Michelin has reported higher first quarter sales, helped by its recent acquisitions of the Camso and Fenner businesses, and the French tyre maker stuck to its 2019 financial guidance for a rise in annual, underlying profits. Sales rose 11.3 percent...

April 25, 2019 No Responses

NLNG Clarifies N14.6trillion Revenue To FG, Feud With NIMASA

By Moses Ebosele, ebosele@hotmail.com The Nigeria Liquefied Natural Gas (NLNG) Limited, on Wednesday, declared that ongoing legal tussle with Nigerian Maritime Administration and Safety Agency (NIMASA) has amplified “the dreaded question of sanctity of agree...

April 25, 2019 No Responses

Weststar Delivers Five Marcopolo Buses To Bonnyway Transport

Weststar Associates Limited, Authorized General Distributor of Mercedes Benz Vehicles in Nigeria has delivered the first batch of the all new Mercedes-Benz Marcopolo G7 Paradiso Coach to Bonnyway Motors Nigeria Limited. Managing Director of Weststa...

April 24, 2019 No Responses

NSE Admits SAHCO At N4.65 Per Share

By Moses Ebosele, ebosele@hotmail.com – After several months of rigorous steps, the management of Nigerian Stock Exchange (NSE) on Tuesday officially welcomed Skyway Aviation Handling Company Plc (SAHCOL) to its Main Board. Tuesday’s listing by I...

April 24, 2019 No Responses

SEC Nigeria, Pencom Collaborate On Financial Literacy

The Securities and Exchange Commission (SEC) and the National Pensions Commission (Pencom) have agreed to work together to ensure more Nigerians are brought into the financial literacy net. The resolution was reached at a meeting between the Technical Co...

April 24, 2019 No Responses

Aisha Buhari’s Eye Care Support MoU With Noor Foundation Sails Through

Wife of the President, Dr. Aisha Muhammadu Buhari has commended Noor Dubai Foundation for implementing the visual care agreement it signed with Aisha Buhari Foundation in 2017. The agreement was aimed at accelerating access to visual healthcare in Nigeria. She...

April 24, 2019 No Responses

SAHCO Photo News

L – R shows Head, Listing Business Division, The Nigerian Stock Exchange (NSE), Mr. Olumide Bolumole; Director General, Bureau of Public Enterprise(BPE), Mr. Alex Okoh; Non- Executive Director, SAHCO Plc, Chike Ogeah; Executive Director, Regulation, Ti...