City Archives — Page 458 of 482

September 13, 2016 No Responses

UBA wins best Bank in Sub-Sahara Africa award, sponsors Ebola Movie “93 Days”

Pan-African banking group, United Bank for Africa (UBA) Plc at the weekend carted home two very important laurels at the annual Businessday Banking Awards, winning the Best Bank in Sub-Saharan Africa and the Best Bank in support of Agriculture. ...

September 13, 2016 No Responses

Lagarde to face trial over alleged fraud

The head of the International Monetary Fund, Christine Lagarde, will go to trial December 12 in a long-running fraud case. A French court set the date Monday after rejecting an appeal. Lagarde is accused of intervening in a legal dispute...

September 13, 2016 No Responses

Samsung loses $44 Billion of value

(BLOOMBERG) Tepid demand for Samsung Electronics Co.’s newest Galaxy smartphones triggered a fifth straight monthly decline for the electronics maker, wiping out about $44 billion in market value since April. Shares of the world’s biggest smartphone vendor...

September 13, 2016 No Responses

Seaport unveils low emission discount

The Port of London is set to become the first UK port to recognise ship owners committed to improving their environmental performance, as part of a wider approach to reduce the port’s environmental impact. According to Worldmaritime News, the Port...

September 12, 2016 No Responses

Be steadfast, Buhari greets Nigerians at Eid-El-Kabir

President Muhammadu Buhari has encourage Nigerians, especially Muslims on the need to remain steadfast despite economic challenges. In his Eid-El-Kabir message to Nigerians, Buhari said the present administration is working roundthe clock to remove the ha...

September 12, 2016 No Responses

FG intensifies consultations on issuance of Green Bond

The Federal Government has commenced consultation with capital market stakeholders on the issuance of Green Bond. According to the Minister of Environment, Amina Mohammed, the process is expected to contribute to Nigeria’s development. Already, t...

September 12, 2016 No Responses

Ayade, Amaechi, others to brainstorm on harnessing Africa’s Maritime Logistics

The Annual African Shipping & Oil Roundtable/Award Dinner, facilitated by Africa Business and Logistics Support Services (ABALSS) UNLIMITED, a platform promoting Regional Integration and Economic Sustainability through Maritime and Energy Sectors in Africa...

September 12, 2016 No Responses

Eid-el-Kabir: Delta Speaker facilitates with muslims

The Speaker, Delta State House of Assembly, Rt. Hon Monday Igbuya on Sundayemphasized the need for Nigerians to live together in peace and harmony. In a message on this year’s Eid-el-Kabir festival, igbuya urged Muslims to hold on to Islamic...

September 11, 2016 No Responses

Criticism trails suspension of Abuja-Kaduna train services

An economist, Dr Matthew R. Otoide has criticized the suspension of Abuja-Kaduna train l services by the management of Nigerian Railway Corporation (NRC). Dr Otoide, in a four paragraph statement sent to www.citybusinessnews.com onSunday, September 11, 201...

September 11, 2016 No Responses

‘Ownership claims of change begins with me campaign is sheer blackmail’

I read with utter shock and disbelief the reported claim by some people that the Minister of Information and Culture, Alhaji Lai Mohammed, stole their concept of ‘CHANGE BEGINS WITH ME’, which was launched by the President on Thursday, 8th...

September 10, 2016 No Responses

GM recalls 4.3m vehicles worldwide

General Motors has recalled 4.3 million vehicles for a software problem that can prevent airbags from deploying in a crash. The defect, which according to agency report affects all of GM’s current full-size pickups and Sports Utility Vehicles (SUVs),...

September 10, 2016 No Responses

Kia introduces 8-speed FWD automatic transmission

Kia Motors has revealed details of its advanced new eight-speed automatic transmission (8AT), engineered for use in front-wheel drive vehicles. Kia’s new front-wheel drive 8AT (FWD 8AT) has been developed in-house by the Korean manufacturer, engineered to of...

September 10, 2016 No Responses

Infiniti delivers 145, 000 vehicles in seven months

Infiniti achieved a new global sales record in August. Total sales of over 17,150 were up 2 percent compared to August 2015 representing the best ever August result. From January to August, Infiniti sold almost 145,000 vehicles, an increase...

September 10, 2016 No Responses

‘Critical Role of regulation in development of Africa’s Ports’

A-two day African Ports Evolution, West Africa edition forum, has ended in Accra with the call for regulation and competitiveness to control the industry. The forum was designed to provide West African government, terminal operators, port authorities and ser...