NAJA names Ade-Ojo icon of auto industry

NAJA names Ade-Ojo icon of auto industry

A foremost industrialist and automobile business legend, Chief Michael Ade-Ojo, is set to be honoured as an icon of the Nigeria’s auto industry by the Nigerian Auto Journalists Association. Ade-Ojo, who is the founder of Elizade Nigeria Limited and Chairman...
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Customs impounds Dangote Cement truck, 9 others with 6,206 bags of rice

Customs impounds Dangote Cement truck, 9 others with 6,206 bags of rice

By citybusinessnews@yahoo.com  –      The Federal Operations Unit (FOU) of Nigeria Customs Service (NCS), zone ‘A’, Ikeja has seized Dangote Cement Truck, nine others with not less than 6,206 bags of smuggled rice.   Briefing Journalists on ...
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Hyundai begins 30-day free service in Nigeria

Hyundai begins 30-day free service in Nigeria

By citybusinessnews@yahoo.com –    Hyundai Motors Nigeria Limited (HMNL) on Monday announced a comprehensive 30-day discounted service campaign, beginning from 01 November 2017 for owners and fleet managers of Hyundai cars including Hyundai Comme...
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Investors stake N4.458b on UBA, Access Bank, FBN Holdings in five days

Investors stake N4.458b on UBA, Access Bank, FBN Holdings in five days

For the week ended October 27, 2017, trading in the shares of United Bank for Africa (UBA) Plc, Access Bank Plc and FBN Holdings Plc accounted for 515.058 million shares worth N4.458 billion in 3,088 deals.   Trading in the shares on the...
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SIFAX Group Photo News

SIFAX Group Photo News

L-R: Mike Owope, Executive Director, Finance, SIFAX Group; Engr. Chidi Izuwah, Acting Director-General, Infrastructure Concession Regulatory Commission (ICRC); Dr. Taiwo Afolabi (MON), Group Executive Vice Chairman/CEO, SIFAX Group; Mrs. Folashade Afolabi, Wif...
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Investors stake N303m on UBA shares

Investors stake N303m on UBA shares

By citybusinessnews@yahoo.com –      The slidding mood on the floor of the Nigerian Stock Exchange (NSE) came under control on Tuesday as the All-Share Index gained 118.89 points or 0.33 per cent to close at 36,531.62, compared with 36,412.73 recorde...
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How to tackle Apapa gridlock through holding bays, by FRSC

How to tackle Apapa gridlock through holding bays, by FRSC

The Lagos State Sector Command, Federal Road Safety Corps (FRSC) says a permanent solution to the Apapa gridlock is the establishment of holding bays to accommodate trucks and articulated vehicles before loading. The Sector Commander, Mr Hyginus Omeje, who sai...
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SIFAX Group Photo News

SIFAX Group Photo News

L-R: Dr. Fola Rogers-Saliu, Executive Director, Human Resources and Administration, SIFAX Group; Mr. Kehinde Sunmonu, Special Duty Manager, SIFAX Group; Dr. (Mrs.) Oby Ezekwesili, former Minister of Education and former Vice President of the World Bank (Africa...
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Fashola implore stakeholders on Apapa gridlock

Fashola implore stakeholders on Apapa gridlock

The Minister of Power, Works and Housing, Mr Babatunde Fashola, on Thursday in Lagos called for the collaboration of all stakeholders to tackle traffick gridlock, port congestion and other problems in Apapa and its environs. Fashola made the call at...
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Total Nigeria, Flour Mills, others maintain slidding profile as NSE’s market capitalisation drops further by N10b

Total Nigeria, Flour Mills, others maintain slidding profile as NSE’s market capitalisation drops further by N10b

Total Nigeria Plc on Wednesday recorded the highest loss for the day dropping by N7.59 to close at N245.41 per share.  At the end of the day’s transaction on the floor of Nigerian Stock Exchange (NSE), Flour Mills followed with...
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Coscharis unveils Ford Assembly plant in Lagos, rolls out 600 units of Ranger

Coscharis unveils Ford Assembly plant in Lagos, rolls out 600 units of Ranger

By Moses Ebosele, ebosele@hotmail.com –    A leading player in the automotive industry in Nigeria, Coscharis Group, has unveiled Ford Assembly plant in Lagos.   Already, the plant located at KM 32, Lekki-Epe Expressway, Awoyaya, Lagos State has rolle...
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UBA kicks off 4th annual essay competition

UBA kicks off 4th annual essay competition

UBA Foundation, the corporate social responsibility arm of the United Bank for Africa Plc, is calling on all Senior High School students in Ghana to participate in the 2017 edition of the National Essay Competition (NEC).   Launched in 2014...
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Customs impounds Dangote truck with N47m smuggled poultry products

Customs impounds Dangote truck with N47m smuggled poultry products

The Nigeria Customs Service (NCS) has impounded  a truck in Ogun State belonging to Dangote Cement with about 3,000 cartons of smuggled frozen poultry valued at over N47 million.   NCS Comptroller in Ogun State, Sani Magudu, explained on Monday...
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NIPR seeks partnership with LCCI

NIPR seeks partnership with LCCI

The Nigerian Institute of Public Relations (NIPR) has proposed an enduring partnership with the Lagos Chambers of Commerce and Industry (LCCI) in the area of training and manpower development.   The President and Chairman of Council of NIPR, Dr. Rotimi...
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