News Archives — Page 550 of 726

October 26, 2017 No Responses

Coscharis thrills BMW club, highlights 5 series performamce, achievements

Coscharis Motors in partnership with BMW Club Nigeria, recently demonstrated BMW 5 Series performance and achivements during the 2017Bimmerfest event held at the Muri Okunola Park, Victoria Island, Lagos State. According to Coscharis, the event is aimed at celebrating...

October 26, 2017 No Responses

Customs at Tincan Island Port hands over two containers of drugs to NAFDAC

The Tincan Island Port Command of the Nigeria Customs Service, on Friday 20th October 2017, handed over two 40ft containers of drugs falsely declared as vehicles, cartons of makeup items and Computer Accessories respectively to officials of the National Agen...

October 25, 2017 No Responses

Yam exporters refute report as minister implores National Assembly on 1989 law

By citybusinessnews@yahoo.com – Nigerian yam exporters have refuted news report which alleged rejection of their consignments in the United Kingdom (UK) and United States of America (USA). In a statement on Tuesday, the exporters explained that...

October 25, 2017 No Responses

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...

October 25, 2017 No Responses

Hyundai votes $5m for research and development

Hyundai America Technical Center Incorporated is investing $5 million in the American Center for Mobility in Ypsilanti Township. According to Agency Report, the investment brings the autonomous vehicle testing site’s fundraising total to $101 millio...

October 25, 2017 No Responses

Saudi Arabia unveils agenda for $500b mega city, business zone

Saudi Arabia has unveiled plans to build a new city and business zone – a project that will be backed up by more than $500bn (£381bn) in investment. Crown Prince Mohammed bin Salman says the 26,500 sq km (10,232 sq...

October 24, 2017 No Responses

Obaseki to FG: Deregulate petroleum sector now

The former Group Managing Director of the Nigerian National Petroleum Company (NNPC), Dr Jackson Gaius-Obaseki, has advised the Federal Government to consider full deregulation of the value chains of the nation’s petroleum sector. Gauis-Obaseki, who is cur...

October 24, 2017 No Responses

SEC votes N160m for Oando’s Forensic Audit, highlights alleged insider dealing

By citybusinessnews@yahoo.com – The Securities and Exchange Commission (SEC) has set in motion machinery for the forensic audit of Oando Plc. To ensure the independence and transparency of the exercise, the Forensic Audit according ...

October 24, 2017 No Responses

Lafarge, Nigeria Breweries, Zenith Bank suffer more losses as market capitalisation drops further by N60b

By citybusinessnews@yahoo.com – Trasnsactions on the floor of Nigerian Stock Exchange (NSE) continued on Monday on a negative trend as market capitalisation dipped further by N60billion. Specifically, market capitalisation which opened for the...

October 24, 2017 No Responses

NPA Photo News

The Executive Management of the Nigerian Ports Authority (NPA) led by Hadiza Bala (2nd from right) during an interactive session with employees of the Organisation.

October 24, 2017 No Responses

‘Our achievements are real, not propaganda’

President Muhammadu Buhari said his Administration has recorded concrete achievements which are there for all to see, contrary to the opposition’s statement that the Administration is running on propaganda and lies. The President, who was represented b...

October 24, 2017 No Responses

Union Bank Photo News

L – R shows Pai Gamde, Acting Head, Corporate Services Division, The Nigerian Stock Exchange (NSE); Oscar N. Onyema, OON, Chief Executive Officer, NSE; Cyril Odu, Chairman, Union Bank of Nigeria Plc; Emeka Emuwa, Chief Executive Officer, Union Bank of...

October 23, 2017 No Responses

Ondo to revive LNG firm, seeks partnership with NNPC, Chevron, Shell, others

To boost Ondo State’s economy, the State Governor, Rotimi Akeredolu has announced plans to revive moribund OK LNG, a state government-owned firm. This was the high point of a meeting held in the office of the Chief of Staff to...

October 23, 2017 No Responses

Group lauds INTELS Chairman’s move to resolve NPA dispute

The Nigerian Importers Integrity Association (NIIA) has commended the Chairman of INTELS Nigeria Limited, Mr. Gabriele Volpi, for intervening in the dispute between his company and the Nigerian Ports Authority (NPA) over remittances into the Treasury Single Ac...