Citybusinessnews Archives — Page 29 of 59

September 18, 2023 No Responses

Ecobank Unveils “EPAC Studios” To Promote Africa’s Creative Industry

Ecobank Nigeria has opened a creative studio for the promotion of talents and creativity across the African continent. Known as EPAC Studios, it is a carefully crafted space for telling authentic African stories in art, culture, lifestyle, and entertainment. The...

September 15, 2023 No Responses

Tinubu Nominates Yemi Cardoso As CBN Governor

President Bola Tinubu has approved the nomination of Dr. Olayemi Cardoso as the new Governor of the Central Bank of Nigeria (CBN) for a term of five years at the first instance, pending his confirmation by the Senate.⁣A statement signed...

September 15, 2023 No Responses

Dana Motors Introduces CNG-Powered Vehicles In Nigeria

In response to rising fuel costs and increasing vehicle expenses, Dana Motors Limited, the exclusive distributor of Kia in Nigeria has announced plans to bring Compressed Natural Gas (CNG) vehicles to the Nigerian market. A statement sent to City Business...

September 11, 2023 No Responses

Akintola Williams, Foremost Accountant Dies At 104

The Doyen of Accounting, Pa Akintola Williams is dead. He was said to have died in his sleep in he early hours of today Monday, September 11, 2023 at the age of 104. Akintola was the country’s first indigenous chartered...

September 5, 2023 No Responses

Hyundai Motors Delivers 347,377 Units In August

Hyundai Motor Company has announced global sales of 347,377 units in August 2023, a 3.2 percent increase year-over-year. City Business News reports that despite continued uncertainties in the business environment, the company is maintaining robust sales ...

September 5, 2023 No Responses

Carloha Extetnds Tentacles To The Palms

By Moses Ebosele, ebosele@hotmail.com Carloha Nigeria, one of the leading automotive dealerships has unveiled its state-of-the-art showroom at The Palms, Lekki, Lagos State. Speaking at the clourful ceremony where the star attraction was ...

September 5, 2023 No Responses

Photo News

Tesla Model X on display at Carloha Nigeria showroom at The Palms, Lekki, Lagos State.

September 5, 2023 No Responses

Edo Begins Free Transport Service Sept 11

The Edo State Governor, Mr. Godwin Obaseki, has approved free transport service for passengers across all Edo City Transport Ltd (ECTS) routes to cushion the effect of the fuel subsidy removal by the federal government on people of the State....

September 2, 2023 No Responses

Nigerian Pupil Wins Global Toyota Art Contest, Gets $5,000, School $10,000

A Nigerian pupil Oluwademilade Odumuboni has emerged as the global grand prize winner of the 2022/23 Toyota Dream Car Art Contest.The 10-year-old pupil of Corona School, Gbagada, Lagos, won the coveted prize after beating 782,852 other contestants from 90 coun...

August 30, 2023 No Responses

NGX Group To Pay Interim Dividend On Thursday

Nigerian Exchange Group Plc is expected to pay its shareholders an interim dividend of 25 kobo per ordinary share of 50 kobo each on Thursday, 31 August 2023. This comes subsequent to an emergency board meeting convened by the Group...

August 30, 2023 No Responses

Japanese Ambassador Hosts NPA Boss, Harps On Trade, Investment

The Japanese Ambassador and Permanent Representative to ECOWAS, Mr. Matsunaga Kazuyoshi, has commended the Managing Director of Nigerian Ports Authority (NPA), Mohammed Bello Koko for facilitating growth in the value of Nigeria – Japan trade vo...

August 29, 2023 No Responses

Allen Onyema: Ethnic Nationalism Has Slowed Nigeria’s Development

The Chairman of Air Peace, Barrister Allen Onyema, has said the practice of ethnic nationalism has slowed Nigeria’s development while also stressing that the country’s ease of doing business is poor.Onyema made these statements in an address he del...

August 29, 2023 No Responses

Akubuiro, Gomba, Ojomu make 2023 Shortlist of Three for The Nigeria Prize for Literature

The Advisory Board for The Nigeria Prize for Literature has announced the finalists for the 2023 edition of the Prize. The shortlisted plays in alphabetical order of their titles are: The Nigeria Prize for Literature is sponsored by Nigeria LNG...

August 29, 2023 No Responses

SEC Seals Offices of Stockmatch

As part of measures to ensure unregistered entities are not allowed to engage in capital market functions, the Securities and Exchange Commission (SEC), on Tuesday, sealed the premises of Stockmatch Investments Ltd in Maiduguri, Borno State for allegedly engag...