Tag: Nigeria

Peugeot bounces back to pick-up segment
September 30, 2017 No Responses

Peugeot bounces back to pick-up segment

By Moses Ebosele, ebosele@hotmail.com –  Barring any last minute adjustment, Peugeot will in the first quarter of 2018 bounced back to the pick-up segment in Nigeria.  The development is expected to compound ongoing competition and struggle for space between Toyota...
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Edo sacks Permanent Secretary, suspends three others over alleged N283m fraud
September 30, 2017 No Responses

Edo sacks Permanent Secretary, suspends three others over alleged N283m fraud

The Edo State Government on Friday sacked a permanent secretary in the State Ministry of Youth and Special Duties, Dr. (Ms) Osayuware Idahosa and three other civil servants over  allegation of padding the budget for the conduct of primary school examinatio...
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NPA Photo News
September 30, 2017 No Responses

NPA Photo News

The Managing Director of  Nigerian Ports Authority (NPA), Hadiza Bala Usman (left), CEO/MD ENL Consotium, Princess Vicky Haastrup, (Middle), and Former Minister of Transport, Mrs Kema Chikwe (right) at the 5th Women in Logistics and Transport (WiLAT) Conferen...
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BPE Photo News
September 30, 2017 No Responses

BPE Photo News

L-R: Oscar N. Onyema OON, Chief Executive Officer, The Nigerian Stock Exchange (NSE) presenting a gong to Alex Okoh, Director General, Bureau of Public Enterprises (BPE) at the Closing Gong Ceremony at the Exchange in Lagos.
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Ford appoints soccer legend, Khumalo as Brand Ambassador
September 30, 2017 No Responses

Ford appoints soccer legend, Khumalo as Brand Ambassador

Doc Khumalo, one of the best-known names on the South African soccer scene, has been appointed a brand ambassador for Ford, and will be proudly be driving a Ford Mustang for the next 12 months. “Doc Khumalo is a legendary...
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First Bank consolidates international business, increases stake in FBNBank Congo
September 29, 2017 No Responses

First Bank consolidates international business, increases stake in FBNBank Congo

First Bank of Nigeria Limited has acquired the remaining shares in FBNBank DRC Limited (FBNBank DRC), making it FirstBank’s wholly owned Subsidiary.    FirstBank said this follows its initial investment in FBNBank DRC (formerly Banque Internationale de Cre...
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Ford targets Saudi Arabian women with adverts
September 29, 2017 No Responses

Ford targets Saudi Arabian women with adverts

Some of the world’s biggest car makers including Ford have started advertising their vehicles directly to women in Saudi Arabia. The swift move follows the official announcement on 27 September by King Salman that the country’s ban on women drivers...
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SEC arraigns BGL officials over alleged capital market scam
September 29, 2017 No Responses

SEC arraigns BGL officials over alleged capital market scam

 The Securities and Exchange Commission (SEC)on  Thursday arraigned  BGL Group and its officials at the Chief Magistrate Court Zone 6, Abuja on charges of  criminal conspiracy, Breach of Trust and cheating contrary to Sections 96, 312, 322 and 323 of the...
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PwC tax academy hosts 200 business executives, reviews LIRS reforms
September 29, 2017 No Responses

PwC tax academy hosts 200 business executives, reviews LIRS reforms

Over 200 business executives including a live online audience within and outside Nigeria are scheduled to attend PwC tax academy scheduled to hold on Friday, September 29, 2017 in Lagos State.   City BusinessNews Online (www.citybusinessnews.com) gathered th...
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COSCO shipyard secures orders for 10 new ships
September 29, 2017 No Responses

COSCO shipyard secures orders for 10 new ships

COSCO Shipyard Group, part of COSCO Shipping International (Singapore), has, through its subsidiaries, won contracts for up to ten new ships if all options are exercised. These include a contract for four 82,000 tons bulk carriers secured by COSCO (Zhoushan) ...
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Coronation Merchant Bank graduates first analysts
September 28, 2017 No Responses

Coronation Merchant Bank graduates first analysts

By Citybusinessnews@yahoo.com –    As part of measures to foster continuous capacity development and grow its own unique brand of finance professionals, Coronation Merchant Bank has graduated its first set of analysts from the Coronation MB Academy in ...
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WFE implores global securities regulators on information sharing, confidentiality
September 28, 2017 No Responses

WFE implores global securities regulators on information sharing, confidentiality

The World Federation of Exchanges (WFE) on Wednesday responded to the CPMI-IOSCO Framework for Supervisory Stress Testing (“SST”) of Central Counterparties (“CCPs”). ​  According to WFE, the  purpose of the Framework is to guide glo...
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Edo to partner FG on Benin Airport expansion
September 28, 2017 No Responses

Edo to partner FG on Benin Airport expansion

To expand and upgrade the Benin Airport for efficient service delivery and increase passenger traffic, the Federal Airports Authority of Nigeria (FAAN) and the Nigerian Airspace Management Agency (NAMA) have expressed readiness to partner with the Edo State go...
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Self-flying taxi debuts in Dubai
September 28, 2017 No Responses

Self-flying taxi debuts in Dubai

The Autonomous Air Taxi (AAT) of Dubai, world’s first self-flying taxi introduced by Dubai’s Road and Transport Authority (RTA), launched its maiden concept trip on Monday near the Jumeirah Beach Park, the official Dubai Media Office reported.  Th...
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