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 manufacturers, on...
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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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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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