City BusinessNews, Author at City Business News

July 28, 2020 No Responses

U.S. Evacuates 100,000 Citizens From 136 Countries

The U.S. Government has evacuated no fewer than 100,000 Americans stranded abroad due to the coronavirus pandemic. The Secretary of State, Mr Michael Pompeo, disclosed this in a statement on Monday, to mark the 231st anniversary of the U.S. Department...

July 28, 2020 No Responses

Shipping Firm Incures $803,000 Fine Over Unfair Trade

South Korean Fair Trade Commission has fined shipbuilding major Hyundai Heavy Industries Co. for unfair trade with its subcontractors. The KRW 970 million ($805,000) fine is described as the highest fine yet to be imposed by the anti-trust regulator for...

July 27, 2020 No Responses

Lagos Implores Farmers On Export Opportunities, e-Commerce

The Lagos State Government is to set up an e-commerce hub for farmers and producers in the state. According to the State Government, the proposed hub is expected to help farmers produce in hygienic condition for export purposes.The State Acting...

July 27, 2020 No Responses

Nigeria Records 40,537 Coronavirus Cases, 858 Deaths In Five Months

The Nigeria Centre for Disease Control (NCDC) on Sunday announced 555 new Coronavirus cases in the country as total infections from the virus climb to 40,537 in five months. According to NCDC, Nigeria also recorded two deaths in the country...

July 27, 2020 No Responses

Reps Reiterate Capital Market Growth Commitments

The House of Representatives Committee on Capital Markets and other Institutions has assured the Securities and Exchange Commission (SEC) of its readiness to provide support by way of enabling laws to support the growth of the capital market. The Chairma...

July 27, 2020 No Responses

Two Passengers Killed As Container Falls On Bus In Lagos

Two persons died on Sunday while three others were injured when a 20-feet container fell on a commercial bus at Ilasamaja on the Oshodi-Badagry Expressway in Lagos State. The Director-General, Lagos State Emergency Management Agency (L...

July 27, 2020 No Responses

Skoda’s First Electric SUV Debuts September 1

Skoda Auto has scheduled world premiere Enyaq iV electric Sports Utility Vehicle (SUV) for September 1, 2020.The all-electric SUV is Škoda’s first series-production vehicle to be based on the Volkswagen Group’s mo...

July 27, 2020 No Responses

Chelsea Earn UEFA Champions League Spot With Win Over Wolves

Chelsea secured a UEFA Champions League place on Sunday after a 2-0 home win over Wolverhampton Wanderers in their final 2019/2020 English Premier League (EPL) game. First half goals from Mason Mount and Olivier Giroud gave them the win, which...

July 26, 2020 No Responses

3rd Mainland Bridge: NIWA Deploys Floating Jetties, Activates More Routes

The National Inland Waterways Authority (NIWA) has deployed 40 feet floating jetties to bring water transportation closer to commuters during the partial closure of the Third Mainland Bridge for repairs. In a statement on Saturday, Mrs Sarat Braimah, Lago...

July 26, 2020 No Responses

Nigeria Confirms 438 New Coronavirus Cases

The Nigeria Centre for Disease Control (NCDC) on Saturday announced 438 new Coronavirus cases in the country as total infections from the virus increase to 39,977. NCDC through its official twitter handle also explained that Nigeria recorded 11 deat...

July 26, 2020 No Responses

APC Group Tackles Makinde Over N100b Bond

The Progressives Front (PF), a group within the All Progressives Congress (APC) on Saturday alleged that the proposed Oyo State N100 billion bond is “inimical to the state’s development“. The group, in a statement jointly signed by its Chairm...

July 25, 2020 No Responses

LNG Prices Steady As Surplus Cargoes Weigh

Asian spot Liquefied Natural Gas (LNG) prices held steady this week, under pressure from surplus cargoes in the region as inventory levels in top importing countries remain full.Some enquiries for winter cargoes could boost prices in coming months, several t...

July 25, 2020 No Responses

Oyo Tops List As Nigeria Reports 591 New Coronavirus Cases

Nigeria Centre for Disease Control (NCDC) has recorded 591 new cases of COVID-19, bringing total infections to 39,539 as of July 24. NCDC through its official twitter handle explained on Friday that the country also recorded 12 deaths. Ac...

July 25, 2020 No Responses

Sokoto Approves Tax Reliefs, Suspends Levies

The Sokoto State Government has approved tax reliefs and incentives for taxpayers and businesses to as part of measures to cushion COVID-19 Pandemic effect on the state. Alhaji Abdussamad Dasuki, Commissioner for Finance, explained in a statement issued on Fri...