Emefiele emerges President of African Central Banks

Emefiele emerges President of African Central Banks

(NAN) The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has been elected President of the Association of African Central Banks (AACB). Mr. Emefiele, who was elected at the 39th Ordinary meeting of the Assembly of Governors of...
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Ex-FRSC boss emerges governorship candidate

Ex-FRSC boss emerges governorship candidate

Former Corps Marshal and Chief Executive Officer of Federal Road Safety Corps and Ex-Minister of Power and Steel, Olu Agunloye, was on Saturday in Akure,  voted as candidate of the Social Democratic Party for the forthcoming Ondo State governorship election.....
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Jubilations as Dream Team beat Honduras

Jubilations as Dream Team beat Honduras

Finally, we have something to take home. Some say half bread is better than none. It was a great relief as Nigeria now  has a medal at the Rio Olympics and it came from the Dream Team VI which beat...
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South Korea probes 23 automakers

South Korea probes 23 automakers

South Korea has expanded an investigation into the fabrication of emissions and noise-level test results to all foreign car brands after fining Volkswagen Group for violations. The environment ministry last week started a probe on 23 foreign automakers involvi...
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Hyundai Genesis gets remote auto controls

Hyundai Genesis gets remote auto controls

Genesis, Hyundai’s new luxury division, will be the first company to allow users to control a variety of car functions remotely using Amazon Alexa voice commands. An increasing number of automakers have smartphone connectivity to their vehicles. But the Gene...
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NSC  seeks truck transit park in Anambra, Imo, others

NSC seeks truck transit park in Anambra, Imo, others

The Nigerian Shippers’ Council (NSC) has called on Eastern State Governments to support the development of Truck Transit Park (TTP) for the growth of the nation’s maritime industry. The Chief Executive Officer of the Council, Mr. Hassan Bello, who was...
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Customs impounds 14,000 bags of rice at Tin-Can Island Command

Customs impounds 14,000 bags of rice at Tin-Can Island Command

The Nigeria Customs Service (NCS), Tin-Can Island Command has intercepted 31 containers of 14,000 bags of rice.  Briefing Journalsits on Friday, the Comptroller General of Customs, Col Hameed Ali (rtd), represented by  Deputy Comptroller Generals Dan Ugo and...
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SIFAX partners AES, Hyundai on  vehicle importation service

SIFAX partners AES, Hyundai on vehicle importation service

SIFAX Group has launched its vehicle importation service in conjunction with foremost international shipping agent, Auto Export Shipping (AES) and Hyundai Glovis, the logistics arm of Hyundai KIA Automotive Group. At the formal reception of the first vessel, M...
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Ford targets autonomous vehicle for 2021

Ford targets autonomous vehicle for 2021

Ford has announced its intention to have a high-volume, fully autonomous SAE level 4-capable vehicle in commercial operation in 2021 in a ride-hailing or ride-sharing service. To get there, the company is investing in or collaborating with four startups to...
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FCMB blames NPA for non-remittance of funds

FCMB blames NPA for non-remittance of funds

By Moses Ebosele –     The management of First City Monument Bank (FCMB) has admitted receiving Euro payments for Nigerian Ports Authority (NPA).   Briefing the Nigerian Stock Exchange (NSE) in a statement obtained by City BusinessNews (www.citybusin...
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Buhari tasks African Central Banks on repatriation of stolen funds

Buhari tasks African Central Banks on repatriation of stolen funds

President Muhammadu Buhari has urged African Central Banks to play crucia role in the repatriation of stolen funds.   Speaking at a meeting of the association of central bank governors in Abuja, Buhari called for the removal of all bureaucracies...
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Appeal Court nullifies Judgment sacking Ikpeazu as Governor

Appeal Court nullifies Judgment sacking Ikpeazu as Governor

The Court of Appeal sitting in Abuja on Thursday upturned the judgments of Justice Okon Abang-led Federal High Court in Abuja which removed Governor Okezie Ikpeazu of Abia State from office. Ikpeazu’s appeal was in regard to the ruling delivered...
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Kano registers 1,042 for mass wedding

Kano registers 1,042 for mass wedding

 (NAN)The Kano State Hisbah Board said on Thursday that it had registered 1, 042 prospective couples in 18 local government areas of the state for the state government’s mass wedding programme. The Director-General of the board, Abba Sufi, told the...
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First Bank denies alleged concealment of NPA’s N11.2Billion

First Bank denies alleged concealment of NPA’s N11.2Billion

By Moses Ebosele –   First Bank Nigeria has denied any involvement in the alleged concealment of N11.2 Billion belonging to the Nigerian Ports Authority (NPA).   In a statement sent to the Nigerian Stock Exchange (NSE) and obtained by City BusinessNe...
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