Ramaphosa: South African Govt Does Not Support Attacks On Nigerians, Others

Ramaphosa: South African Govt Does Not Support Attacks On Nigerians, Others

The South African President, Cyril Ramaphosa, on Wednesday said the South African government was not in support of xenophobic attacks on Nigerians and other countries. Ramaphosa said this while speaking at the 2018 Annual Meeting of the Afreximbank in Abuja....
read more
Photo News

Photo News

L-R, General Secretary, Association of Stockbroking Houses of Nigeria, Mr Sam Onukwue, Chairman, Chief Onyewechukwu Ezeagu and Acting, Director General, Securities and Exchange Commission (SEC) Ms. Mary Uduk during a Meeting between SEC and Association of Stoc...
read more
NNPC Comes Under Scrutiny Over Alleged N100b Under-Remittance

NNPC Comes Under Scrutiny Over Alleged N100b Under-Remittance

Citing alleged under-remittance of funds, the House of Representatives has commenced an investigation into the earnings of the Nigerian National Petroleum Corporation (NNPC) since the begining of this year.   According to the lawmakers, the investigation wil...
read more
Prodi-G Concepts Media Inaugurates EDO CINEMA

Prodi-G Concepts Media Inaugurates EDO CINEMA

Prodi-G Concepts, an independent television production company has inaugurated the EDO CINEMA project in Benin City with the screening of four short films by Edo film makers at the Nosona Studios Art Gallery.   The event was chaired by the Edo...
read more
CBN Injects $210m Into Foreign Exchange Market

CBN Injects $210m Into Foreign Exchange Market

The Central Bank of Nigeria (CBN), on Tuesday injected 210 million dollars into the inter-bank Foreign Exchange market to meet customers’ requests in various segments of the market.   The CBN acting Director, Corporate Communications, Mr Isaac Okoroafor sai...
read more
Labour: MTN Must Respect Workers Rights

Labour: MTN Must Respect Workers Rights

 Tuesday, July. 10, 2018 marks the second day of the picketing of MTN offices nationwide by the Nigeria Labour Congress (NLC) and its civil society allies This press statement is intended to explain the reasons for this action as well...
read more
NIMASA Engages CBN On Special Interest Rate

NIMASA Engages CBN On Special Interest Rate

The Director General of Nigerian Maritime Administration and Safety Agency (NIMASA) Dr Dakuku Peterside has disclosed that the Agency is engaging the Central Bank of Nigeria to create a special interest rate for maritime assets acquisition in Nigeria stating t...
read more
Mercedes-Benz Unveils State-Of-The Art Showroom In Victoria Island

Mercedes-Benz Unveils State-Of-The Art Showroom In Victoria Island

Citybusinessnews@yahoo.com –       MB Automobile Services Limited, one of the authorized dealers of Westar Associates Limited, sole representative of Mercedes-Benz in Nigeria has unveiled state-of-the art showroom in Victoria Island, Lagos State.  ...
read more
Forum Sets Agenda For Haulage Operators In Nigeria

Forum Sets Agenda For Haulage Operators In Nigeria

Concerned with the spate of road traffic crashes involving haulage and other related vehicles in the country, the Federal Government through the office of the Secretary to the Government of the Federation (SGF), Boss Mustapha called a meeting of relevant...
read more
NNPC Kick- Starts Seven Critical Gas Projects

NNPC Kick- Starts Seven Critical Gas Projects

A major stride in the attainment of national energy sufficiency was achieved in Lagos on Monday with the commencement of technical framing workshop and subsequent project signing ceremony of the seven Critical Gas Development Projects (7CGDP) to deliver about ...
read more
Shareholders fault Oando’s 2017 Result, Seeks Forensic Audit

Shareholders fault Oando’s 2017 Result, Seeks Forensic Audit

Shareholders under the aegis of Proactive Shareholders Association of Nigeria (PROSAN), at the weekend, faulted the 2017 full year result of Oando Plc.    The group also lamented the inability of the company to pay dividend to its shareholders for...
read more
SEC Nigeria Faults Report On MTN, IPO

SEC Nigeria Faults Report On MTN, IPO

The Securities and Exchange Commission (SEC) has said neither MTN Nigeria Limited nor any of its advisers or representatives has filed any application with the Commission regarding an Initial Public Offering (IPO).  The Commission in a Circular in Abuja weeke...
read more
Customs  Zone ‘A’ Records N8.6b, Impounds 167 Vehicles  In Six Months

Customs Zone ‘A’ Records N8.6b, Impounds 167 Vehicles In Six Months

The Nigeria Customs Service, Federal Operations Unit, Zone ‘A’ Ikeja, Lagos intercepted various contraband with a duty paid value (DPV) of Eight Billion, Two Hundred and Fourteen Million, Four Hundred  and Eighty Six Thousand, Seventy Two Naira, Seventy F...
read more
LNG: Japan To Launch First Bunkering Vessel in 2020

LNG: Japan To Launch First Bunkering Vessel in 2020

Central LNG Shipping Japan Corporation (CLS)  has placed an order for a 3,500 m3 LNG bunkering vessel (LBV) on July 6, the first to be operated in Japan. The joint venture company, established by Kawasaki Kisen Kaisha, Chubu Electric Power, Toyota...
read more