Labour seeks panel on new national minimum wage

Labour seeks panel on new national minimum wage

By citybusinessnews@yahoo.com –        The Association of Senior Civil Servant of Nigeria (ASCSN) has advised the Federal Government to constitute a panel to negotiate new national minimum wage.   In an address delivered on Tuesday in Enugu by the National President of ASCSN, comrade Bobboi...
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Report predicts drastic drop in Vehicle sales

Report predicts drastic drop in Vehicle sales

Global vehicle sales will decline over the next two decades as consumers embrace on-demand ride services such as Uber, according to a study by IHS Markit. Annual private vehicle sales in the U.S., Europe, China and India will decline over the...
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Market capitalisation depreciates by N124billion

Market capitalisation depreciates by N124billion

Transactions on the floor of Nigerian Stock Exchange (NSE) ended on Tuesday in the negative territory as market capitalisation dropped by N124billion.   Specifically, the market capitalisation lost N124 billion or 0.96 per cent to close at N12.789 trilli...
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Egina FPSO gulps $3b, to arrive Nigeria in 2018

Egina FPSO gulps $3b, to arrive Nigeria in 2018

South Korean shipbuilder Samsung Heavy Industries (SHI) waved goodbye to Egina floating production storage and offloading (FPSO), which departed on a journey to Nigeria on October 31. Featuring a length of 330 meters, a width of 61  meters, the unit...
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IG explains withdrawal of Obiano’s ADC

IG explains withdrawal of Obiano’s ADC

The Inspector-General of Police (I-G), Mr Mohammed Idris, said the withdrawal of the Aide Camp (ADC) to Gov. Willie Obiano of Anambra was to prevent the re-occurrence of past experience.  Idris gave the explanation during Election Stakeholders’ Forum organi...
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Diamond Bank customer wins car in western union promo

Diamond Bank customer wins car in western union promo

Diamond Bank customer, Mr Patrick Anyatonwu  has emerged star prize winner of the just concluded ‘Western Union Back to School Promo” held at Diamond bank Awolowo road, Ikoyi branch, Lagos State.    He was rewarded with a brand new Hyundai Accent salo...
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Gwarzo, SEC boss decries drop in e-dividend registrations, insists on December deadline

Gwarzo, SEC boss decries drop in e-dividend registrations, insists on December deadline

By citybusinessnews@yahoo.com –   The Director General, Securities and Exchange Commission (SEC), Mounir Gwarzo on Monday in Lagos decried low investors enrollment to the e-dividend payment platform in the last three months.   Speaking at the post Capi...
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Dangote Cement, Forte Oil, others lift market capitalisation by N66b

Dangote Cement, Forte Oil, others lift market capitalisation by N66b

Transactions on the floor of Nigerian Stock Exchange (NSE) commenced on Monday on a positive as investors gained N66billion.   At the end of the day’s transaction, Dangote Cement topped the gainers’ table recording N8.99 to close at N238 per...
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MV Demeter:Nigerian Pirates Free  Crew

MV Demeter:Nigerian Pirates Free Crew

The crew of the Liberia-flagged containership MV Demeter has been released by Nigerian pirates, the Associated Press reports citing a spokesman for Peter Doehle Schiffahrts-KG, Cor Radings. According to Radings, the “seafarers are in good condition and have...
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Toyota to phaseout internal explosion engine by 2050

Toyota to phaseout internal explosion engine by 2050

Toyota expects a inner explosion engine to be passed by 2050, and energy usually about 10% of cars as partial of hybrid systems from 2040 onwards.  The prediction, announced by Seigo Kuzumaki, Toyota’s conduct of modernized RD and engineering, re-emphasises...
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Dokpesi: I want to foster unity, return PDP to power in 2019

Dokpesi: I want to foster unity, return PDP to power in 2019

The founder of Daar Communications, Chief Raymond Dokpesi, says he is vying for the PDP chairmanship position to return the party to power in 2019 and help foster unity among Nigerians. Dokpesi stated this on Monday when he met with...
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Ufitfly in Jerusalem, begins fresh edition December 20

Ufitfly in Jerusalem, begins fresh edition December 20

The November edition of the Jerusalem Pilgrimage packaged by Ufitfly came to an end in Israel with the participants receiving their Justice of the Peace (JP) certificates.   The 9-days pilgrimage which saw the pilgrims depart the shores of Nigeria...
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Female business owners to hold 2017 annual seminar, trade fair in Lagos

Female business owners to hold 2017 annual seminar, trade fair in Lagos

The Network of Enterprising Women (NEWN), a network of 200 female business owners in Nigeria and the Diaspora, is to  hold its 2017 annual seminar and trade fair tagged ‘Partnering and Collaborating for Business Excellence’ on November 23, 2017 at...
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Hydrographic society seeks NPA, NIMASA  support for professional capacity building

Hydrographic society seeks NPA, NIMASA support for professional capacity building

The Nigerian Hydrographic Society (NHS) has sought the support of key maritime parastals including the Nigerian Ports Authority (NPA) and the Nigerian Maritime Administration and Safety Agency (NIMASA) to drive its professional training programmes for hydrogra...
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