Information – Page 415 – City Business News

October 4, 2018 No Responses

GAC Unveils GS5 Crossover SUV, Delivers 500,000 Vehicles In 15 Countries

By citybusinessnews@yahoo.com – As part of its ongoing expansion drive, GAC Motor has unveiled new GS5 crossover Sport Utility Vehicle (SUV). Already, GAC has commenced recruitment drive for staff in vehicle engineering, process and technology, management and marketing sectors...

October 4, 2018 No Responses

World Bank Downgrades Sub Sahara Africa Growth Forecast To 2.7 per cent

The World Bank has cut its forecast for growth of sub-Saharan Africa in 2018 to 2.7 per cent, down from an earlier 3.1 per cent, partly due to less favourable external environment for the region. The lender said in its...

October 4, 2018 No Responses

Frank Nneji As APGA’s Joker In Imo Governorship Election

BY MOSES AKAIGWE – Though it has often been argued, and very rightly, that the process of getting to political office in our environment is skewed in favour of the affluent and the powerful to the detriment of quality,...

October 4, 2018 No Responses

CBN Boosts FOREX Market With $210

The Central Bank of Nigeria (CBN) has again injected the sum of $210 million into the inter-bank Foreign Exchange Market. Figures obtained from the CBN on Wednesday, October 3, 2018, indicate that authorized dealers in the wholesale segment...

October 4, 2018 No Responses

WFE Admits Nairobi Securities Exchange, Five Others

At the 58th General Assembly in Athens on Wednesday, the World Federation of Exchanges (WFE) admitted six new members taking the total number of full members to 70. With six members joining since the last General Assembly in...

October 4, 2018 No Responses

FMDQ: We Are Committed To Developing Fixed Income Market

FMDQ OTC Securities Exchange has reiterated its commitment to the development of fixed income securities market in the country. Associate Executive Director, FMDQ, Tumi Sekoni made this remark while receiving Capital Market Development Award given to the ex...

October 3, 2018 No Responses

WFE: 6,807 Firms List On 33 SME Markets, Capitalisation Exceeds $1.3trillion Worldwide

The World Federation of Exchanges (WFE) on Tuesday published a report (together with a supplementary dataset) entitled ‘An overview of WFE SME markets’, examining the current status of 33 Small and Medium-sized Enterprises (SMEs) markets across 29 ...

October 3, 2018 No Responses

Edo Mourns Hayford Alile, Ex-NSE DG

The Edo State Governor, Mr. Godwin Obaseki on Tuesday condoled with the family of former Director General of Nigeria Stock Exchange (NSE), Apostle Hayford Alile on his demise. In a condolence message issued by the governor in Benin City, he...

October 3, 2018 No Responses

Foundation, Experts Canvass Better Welfare Package For Widows

To make widows become self-sufficient and better equipped to take care of their families and in turn grow the economy, the Ajoke Ayisat Afolabi Foundation (AAAF) and other experts comprising of Sarah Sosan, former Deputy Governor of Lagos State,...

October 3, 2018 No Responses

NAJA Elects New Exco

The Nigeria Auto Journalists Association (NAJA) has elected new executive members to run the affairs of the group for a 3-year tenure. In a keenly contested election of the 24 member association drawn from the print, electronic and online media...

October 2, 2018 No Responses

Death In Indonesia Mishap Hits 844

The bodies of 34 Indonesian students have been found under a church which was buried by a mudslide after the quake in Palu, say aid workers. At least 844 people are confirmed to have died in the disaster, but the...

October 2, 2018 No Responses

Samsung Secures Order For $180m LNG Carrier

South Korea’s shipbuilder Samsung Heavy Industries has clinched another order for a liquefied natural gas (LNG) carrier. According to the company’s stock exchange filing, the deal is worth around KRW 200.1 billion (USD 180 million). SHI added that the orde...

October 2, 2018 No Responses

UBA Photo News

Ugo Nwagodoh (right), Group Chief Finance Officer, UBA Plc, receiving an award to recognize the group’s diversification efforts across the African continent, from Mr. Akin Akeredolu-Ale, Chief Executive of the Lagos Commodities & Futures Exchange Limited...

October 2, 2018 No Responses

Photo News

Former Director-General/Chief Executive of the Nigerian Stock Exchange (NSE), Prof. Ndi Okereke-Onyiuke, receiving an award for her contributions to the development of the Nigerian Capital Market from Sir Sunny Nwosu, founding National Coordinator, Independent...