City BusinessNews – Page 467 – City Business News

June 7, 2019 No Responses

BMW, JLR To Develop Electric Car Components

BMW said it will develop its next-generation electric motors, transmission and power electronics with Jaguar Land Rover, unveiling yet another industry alliance designed to lower the costs of developing electric cars. “Together, we have the opportunity to cater more effectively for customer...

June 6, 2019 No Responses

Michelin Unveils Airless Tyre

French tyre major Michelin along with General Motors have unveiled an airless tyre prototype for passenger vehicles, which could hit the markets as early as 2024. According to the firms, the Uptis Prototype is airless a...

June 6, 2019 No Responses

Emerging Market Regulators Issue Recommendations On Sustainable Finance

Securities regulators from growth and emerging markets on Wednesday published a report that sets forth recommendations related to the development of sustainable finance in emerging markets and the role of securities regulators in this area. IOSCO´...

June 6, 2019 No Responses

Dakuku: National Fleet Will End Capital Flight, Retain Jobs In Nigeria

Nigerians will be able to lift its country’s crude oil for export immediately the national fleet comes into operation, the Director General of NIMASA, Dr. Dakuku Peterside has said. Dakuku, who was speaking at a media breakfast meetin...

June 6, 2019 No Responses

Fiat Chrysler Withdraws Bid For Renault

Fiat Chrysler has withdrawn its merger proposal for French carmaker Renault, the Italian-American firm has said. The announcement followed a failed attempt by Renault board members to reach a decision on the offer. Renault said it had been unable to...

June 6, 2019 No Responses

Obaseki, Okowa Meet On Bendel Development Commission

The Edo State Governor, Mr. Godwin Obaseki, and his Delta State counterpart, Dr. Ifeanyi Okowa, are putting finishing touches to the establishment of Bendel Development Commission, a joint body to aggregate and drive economic development efforts in the two sta...

June 4, 2019 No Responses

Photo News

L-R, Director General, West African Monetary Institute Ghana, Dr Ngozi Egbuna, Commissioner, Industry and Private Sector Promotion ECOWAS Commission Mr Mamado Traore, Acting Director General, Securities and Exchange Commission Ms Mary Uduk and Chief Exec...

June 4, 2019 No Responses

Pope Francis Approves Revision Of Italian Missal

Pope Francis has approved a revised third edition of the Italian Missal, including changes to the Lord’s Prayer and Gloria. On May 22nd during the General Assembly of the Episcopal Conference of Italy, President Cardinal Gualtiero Bassetti announced th...

June 3, 2019 No Responses

Board To Vote On Renault Merger With Fiat Chrysler

French automaker Renaultsays its board will meet on Tuesday to vote on a possible merger with Fiat Chrysler. Fiat Chrysler has proposed to merge with Renault to create the world’s third-biggest automaker, worth almost $40 billion, and combine...

June 3, 2019 No Responses

NCAA Revokes Pilot’s Licence

The Nigerian Civil Aviation Authority (NCAA) has revoked the Airline Transport Pilot’s Licence (ATPL) of a pilot for serious violation of the Nigeria Civil Aviation Regulations (Nig.CARs). The General Manager Public Affairs, NCAA, Sam Adurogboye, revealed th...

June 2, 2019 No Responses

Sunmonu, Ex-Shell Boss To Oversee Oando’s Interim Management Team

The crisis rocking Oando Plc took a new dimension on Sunday as the Securities and Exchange Commission (SEC) appoints an interim management team for the company. According to SEC, the management team headed by Mr. Mutiu Olaniyi Adio Sunmonu CON,...

June 2, 2019 No Responses

SEC, EFCC, Seek Prosecution Of Capital Market Offenders, Repatriation Of Stolen Funds

The Securities and Exchange Commission (SEC) and the Economic and Financial Crimes Commission (EFCC) have agreed to collaborate in combating crime in the Nigerian capital market.This agreement was reached when the Management of the SEC met with the Management ...

June 2, 2019 No Responses

Buhari To Host Lake Chad Security Summit

President Muhammadu Buhari will host leaders of Lake Basin Commission in an informal summit on the side lines of Democracy Day and Second Term inauguration celebrations on June 12, 2019, in Abuja. The meeting will focus on bringing up new...

June 2, 2019 No Responses

NIMASA DG Implores Media On Constructive Reporting

The Director-General of Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside, has advised the media in Nigeria to concentrate their effort and attention on productive reporting aimed at spurring positive action in the country, espe...