City BusinessNews, Author at City Business News

August 10, 2020 No Responses

FG Supports Imo Farmers With 20,000 Cocoa Seedlings

As part of measures to cushion the effect of Coronavirus (COVID-19), the Federal Government has supported smallholder farmers in Imo State with 20,000 Cocoa seedlings and other improved seeds. The Minister of Agriculture and Rural Development, Sabo Nanono, in a...

August 10, 2020 No Responses

Heritage Bank Partners CBN On Improved Investment, Job creation

Heritage bank Plc in collaboration with the Central Bank of Nigeria (CBN), under the Nigerian Incentive-Based Risk Sharing in Agricultural Lending (NIRSAL) has continued to drive improved investments and job creation. A statement issued at the weekend explai...

August 10, 2020 No Responses

Hyundai Records 10.2 Per Cent Increase In Shares

Hyundai Motor Company stock has jumped as much as 10.2% to its highest price since May 2018, after the automaker said it would create a family of Ioniq-brand electric vehicles (EVs) as it aims to become the third-largest EV maker...

August 10, 2020 No Responses

Willian Confirms Exit From Chelsea

Brazilian midfielder, Willian has confirmed he would leave Chelsea after seven “wonderful” years at Stamford Bridge. The 32-year-old, linked with a move across town to Arsenal, posted a farewell letter to the club’s fans on Twitter. “The time has now.....

August 9, 2020 No Responses

FG Begins Shipyard Project Feasibility Study In Bayelsa

The Federal Government has commenced the feasibility study for the construction of a shipyard on Brass Island in Bayelsa. The Minister of State for Petrolem Resources, Chief Timipre Sylva, confirmed the development in a statement posted on the Twitter ac...

August 9, 2020 No Responses

ExxonMobil Nigeria Appoints Richard Laing CEO

ExxonMobil on Saturday announced the appointment of Richard Laing as Chairman and Managing Director of its three affiliates in Nigeria with effect from August 1, 2020. Manager, Media and Communications, ExxonMobil, Mr Ogechukwu Udeagha, confirmed the dev...

August 9, 2020 No Responses

Photo News

Convoy of the ongoing “First Keke Rally In Nigeria’’ organised by Stallion Auto Keke Ltd, new and exclusive distributor of Bajaj Auto for 3 wheeler & 4 wheeler business. The Rally, which was flagged-off on Friday in Lagos is scheduled to...

August 9, 2020 No Responses

Obasanjo, Abiodun Mourn Kashamu

Governor of Ogun State, Dapo Abiodun has expressed shock over the death of Sen. Buruji Kashamu on Saturday. A statement issued in Abeokuta by Mr Kunle Somorun, the Chief Press Secretary (CPS) to Abiodun, confirmed that Buruji died in Lagos...

August 9, 2020 No Responses

Nigeria Confirms 453 New Coronavirus Cases

The Nigeria Centre for Disease Control (NCDC) on Saturday confirmed 453 new coronavirus cases, bring total infections in the country to 46,140. According to NCDC,FCT led new cases for the day with 75, followed closely by the country’s pandemic epi...

August 9, 2020 No Responses

APC Flags-Off Governorship Campaign In Edo

The All Progressives Congress on Saturday flagged off its campaign ahead of the Governorship election in Edo state on September 19. The event took place at the University of Benin’s Sports Complex, Benin-city. Dignitaries who were present include...

August 9, 2020 No Responses

Delta PDP Returns Esiso As State Chairman

The Peoples Democratic Party (PDP), Delta chapter, has returned Mr Kingsley Esiso as the state chairman of the party for a new four-year term. Esiso, the erstwhile chairman of the party, was returned unopposed by party delegates across the state...

August 9, 2020 No Responses

Jaguar Land Rover Loses Court Battle Over Defender Trademark

Jaguar Land Rover lost a UK court bid to get the trademark rights for the shape of its iconic Defender Sports Utility Vehicle (SUV), freeing billionaire Jim Ratcliffe’s Ineos Group to go ahead with the Grenadier off-road vehicle. A London court...

August 8, 2020 No Responses

Sanwo-Olu Pledges To Revitalise Agric Sector

Governor of Lagos State, Babajide Sanwo-Olu on Friday pledged to revitalise the agriculture sector in the state as part of measures to boost food production. Sanwo-Olu made the pledge during the inspection of the Songhai Model of the Agricultural Youth...

August 8, 2020 No Responses

SUNU Assurances Reports N1.2bn Profit

For the 2019 financial year, SUNU Assurances Nigeria Plc has announced N1.2 billion profit, compared to N914 million attained in 2018. Speaking during the virtual 33rd Annual General Meeting of the compan...