City BusinessNews – Page 461 – City Business News

July 5, 2019 No Responses

Mazda Recalls 33,000 Vehicles

Mazda is recalling nearly 8,000 CX-9 vehicles for malfunctions caused by faulty wiring harness connector terminals, which could affect the vehicle’s electrical communication. The automaker announced Tuesday that the wiring harness may disrupt electrical communications and disable the front passenger...

July 4, 2019 No Responses

SAHCO Bags Aviation Handling Award

The Skyway Aviation Handling Company PLC (SAHCO) has been awarded the ‘Best Ground Handling Company in West Africa’. The award was given at the 5th edition of the Balafon Travel Awards held at La Palm Royal Beach Hotel, Accra, Ghana....

July 3, 2019 No Responses

New BMW X6 Coupe Debuts

BMW on Tuesday announced new 2020 X6 Sports Activity Coupe. More than ten years ago, BMW combined the attributes of the Sports Activity Vehicle with the more aggressive DNA of a Coupe to create the X6 and the new Sports...

July 3, 2019 No Responses

INEC To Resume Distribution Of Uncollected PVCs

The Independent National Electoral Commission (INEC) says it will resume distribution of uncollected Permanent Voter Cards (PVCs) in Bayelsa and Kogi, ahead of the states’ Nov. 16 governorship elections. INEC National Commissioner and Chairman, Information a...

July 2, 2019 No Responses

Samsung Secures Order For Special-Purpose Vessel

South Korean shipbuilder Samsung Heavy Industries (SHI) has received an order for the construction of one special-purpose ship for an undisclosed European shipowner. As informed, the order is worth KRW 134.8 billion (around USD 1.2 billion). Signed on June 28,...

July 1, 2019 No Responses

SEC To Skye Bank Investors: Claim Your Dividends

The Securities and Exchange Commission, SEC, has again re iterated it earlier directives to shareholders of defunct Skye bank to claim their dividend payment. This the SEC said is part of its investor protection programme and as well as ensure...

June 30, 2019 No Responses

Buhari Steps Down As ECOWAS Chairman, Seeks Common Security Strategy In W/Africa

Insecurity challenges in the West African subregion can only be effectively tackled if a common strategy is adopted by member states, President Muhammadu Buhari has said. Meanwhile, the Economic Community Of West African States ( ECOWAS) heads of s...

June 30, 2019 No Responses

Honda Recalls 1.6m Vehicles

Honda is recalling 1.6 million vehicles in the U.S. to replace potentially deadly Takata air bag inflators, completing its required recalls six months ahead of schedule, the automaker has said. When the latest recall is done, Honda says it will...

June 29, 2019 No Responses

Photo News

L-R: Fela Ibidapo, Head, Corporate Communications, Heritage Bank; Mide Kunle-Akinlaja, Executive Producer, The Next Titan; Jumoke Oduwole, Senior Special Assistant to the President of Nigeria on Industry, Trade and Investment; Adekunle Oyinloye, Group Managing...

June 29, 2019 No Responses

Shell, Exxon Mobil Target Re-Entry Into Somalia’s Upstream Sector

Shell and Exxon Mobil are looking to re-enter the market in Somalia ahead of an oil block bid round taking place later this year, the country’s oil ministry said in a statement. Shell and Exxon Mobil had a joint venture...

June 29, 2019 No Responses

Nissan Records Ten Millionth Vehicle At Sunderland Plant

Nissan Sunderland Plant is celebrating another record-breaking milestone as the ten millionth vehicle rolls of the production line. A statement explained that it has taken the plant 33 years to reach the ten million mark – making it the fastest...

June 28, 2019 No Responses

Total Nigeria Shareholders Get N4.75b Dividend For 2018

For the financial year ended December 31, 2018, Total Nigeria Plc shareholders on Thursday approved the payment of N4.75 billion final dividend, amounting to N14 per share. The shareholders gave the approval at the company’s 41st Annual General M...

June 28, 2019 No Responses

Mercedes-Benz To Assemble Cars In Egypt

Mercedes-Benz has signed a Memorandum of Understanding (MoU) with the Egyptian Government for local assembly of passenger cars in the country. This planned commitment is set to further improve the market position of Mercedes-Benz Cars in Egypt, the company sai...

June 28, 2019 No Responses

FG, States, LGCs Share N679.699b

The Federal Account Allocation Committee (FAAC), Thursday, at its joint session at the African House, Kano, Kano State, shared to the Federal Government, States and Local Government Councils a total of N679.699 billion as federal allocation for the month of...