Ex Firstbank staff in court over alleged N7.1m fraud

Ex Firstbank staff in court over alleged N7.1m fraud

An ex-banker, Anthony Akhogie, was on Tuesday brought before an Igbosere Magistrates’ Court in Lagos for allegedly defrauding First bank of N7.1 million. Akhogie, 26, who resides at Mushin area of Lagos State is facing three-count charge of conspiracy, forgery...
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Report: More than half of trucks in Apapa have no business in the Seaports

Report: More than half of trucks in Apapa have no business in the Seaports

A new report released by a leading maritime consulting firm reveals that more than half of the container trucks visiting Apapa, Lagos daily have no immediate business to transact at the port. The report, which stems from an independent study...
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Black Friday: Coscharis motors partner jumia on discounts for customers

Black Friday: Coscharis motors partner jumia on discounts for customers

Coscharis Motors PLC, a foremost automobile dealer in Nigeria and sole representative of globally respected iconic auto brands like Ford, BMW, Jaguar, Land Rover, Morris Garages (MG), etc, in Nigeria, has partnered with Jumia the largest online shop in Africa....
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FRSC Lekki remembers Road Traffic Victims

FRSC Lekki remembers Road Traffic Victims

The Lekki unit command of the Federal Road Safety Corps (FRSC) has held different programmes to mark the yearly World Day Remembrance of Road Traffic Crash victims. According to a statement by the Unit Commander, Azubike Onyemeh, series of activities...
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NPA new measures to ease Apapa gridlock begins November 23.

NPA new measures to ease Apapa gridlock begins November 23.

After consultations with major stakeholders, the Nigerian Ports Authority (NPA) on Friday unveiled measures “critical to the effective management of the traffic situation around the Apapa Area of Lagos State.  According to NPA, with effect from November 23,...
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CFAO marks new milestone, commissions FUSO Assembly Plant in Lagos

CFAO marks new milestone, commissions FUSO Assembly Plant in Lagos

By citybusinessnews@yahoo.com –     The CFAO group, with its subsidiary CFAO Equipment, the sole distributor of the FUSO brand in Nigeria, in conjunction with Mitsubishi Fuso Truck and Bus Corporation (MFTBC), one of Asia’s leading commercial vehicle...
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CFAO Photo News

CFAO Photo News

Mr Thomas Pelletier, Country Manager, CFAO Nigeria introducing the first Fuso Truck assembled in Lagos during the official commissioning of Fuso Assembly Plant in Lagos on Thursday
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Local govt seeks partnership with NIMASA on Apapa gridlock

Local govt seeks partnership with NIMASA on Apapa gridlock

In a bid to find a lasting solution to the Apapa gridlock, the Apapa Local Government Chairman, Honourable Adele Owolabi has sought partnership with the Nigerian Maritime Administration and Safety Agency (NIMASA) in order to restore sanity to the Apapa...
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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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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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Lagos to shut headquarters of banks, others November 20

Lagos to shut headquarters of banks, others November 20

The Lagos State Government on Sunday said it would begin to shut the corporate headquarters of organisations that had defaulted in remitting statutory taxes to the government from November 20, 2017.  The Commissioner for Finance, Mr Akinyemi Ashade, who made....
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NPA boss at lagos trade fair, harps on capacity building, efficient port system

NPA boss at lagos trade fair, harps on capacity building, efficient port system

By  citybusinessnews@yahoo.com    The Managing Director of  Nigerian Ports Authority (NPA), Hadiza Bala Usman has pledged to invest more resources in capacity building as part of measures to attain an efficient port system.   Bala Usman made the remark a...
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Market capitalisation sustains growth with N43b

Market capitalisation sustains growth with N43b

Transactions on the floor of Nigerian Stock Exchange (NSE) continued on a positive note on Wednesday as the market capitalisation which opened at N12.810 trillion gained  N43 billion or 0.34 per cent to close at N12.853 trillion.   Also, the...
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Lagos to unveil more waterways security

Lagos to unveil more waterways security

Lagos State Governor, Akinwunmi Ambode on Sunday inaugurated three executive boats procured strictly for official use by the state government.  The governor said during the inauguration at the Caverton Jetty on Victoria Island that the government had made sev...
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