City BusinessNews, Author at City Business News

July 10, 2020 No Responses

Again, Canada-Abuja Evacuation Flight Stalled

The special evacuation flight for Nigerian citizens in Canada earlier scheduled for Friday has been stalled. The Nigeria High Commission in Ottawa, in a statement, explained that the decision was based on request by the intending evacuees. According to the...

July 10, 2020 No Responses

Mining Firm Drags Ebonyi To Court, Seeks N500m Compensation

A mining company, Crushed Rock Industries Ltd., on Thursday, dragged Ebonyi State Government before the Federal High Court, Abuja, demanding N500 million damages over alleged unlawful shutdown of its quarry site. In an originating summon with suit number: FHC/...

July 10, 2020 No Responses

Sokoto Unveils Agenda To Boost Poultry Farming

As part of measures to improve Internally Generated Revenue (IGR), the Sokoto State Government is to boost poultry farming across the state. The Special Advisor to Gov. Aminu Tambuwal on Poultry Development, Prof. Rabi’u Alkali explained on Thursday th...

July 10, 2020 No Responses

Nigeria Confirms 499 New Cases Of Coronavirus

Nigeria has recorded 499 new Coronavirus cases, bringing the total figure to 30,748. The Nigeria Centre for Disease Control (NCDC) explained through its twitter handle on Thursday that the 499 new cases were reported in 24 states as follows: Lagos (...

July 10, 2020 No Responses

Hyundai Venue SUV Gets Intelligent Manual Transmission

Hyundai Motor has announced intelligent Manual Transmission (iMT) for the Hyundai Venue compact Sports Utility Vehicle (SUV). According to the auto firm, this is the first-in-industry dual-Pedal Intelligent M...

July 10, 2020 No Responses

CMA CGM Introduces New Rules To Prevent Trafficking

French container shipping major CMA CGM has unveiled new steps to fight illicit trafficking in protected species and said it is tightening its shipment control procedures. The shipping and logistics group is reinforcing its procedures for shipping protected sp...

July 9, 2020 No Responses

Access Bank To Acquire Zambian Bank

Access Bank Plc has announced plans for acquisition of 100 per cent of Cavmont Bank Limited, a Zambia-based financial institution. The bank disclosed this in a regulatory filing to the Nigerian Stock Exchange (NSE) signed by Mr Sunday Ekwuochi, its...

July 9, 2020 No Responses

NSE Cautions Investors On Shares Of Medview Airline,DN Tyre, Union Homes, Others

The Nigerian Stock Exchange (NSE) has urged investors to trade with caution on the shares of 13 companies for failing to submit financial statements without any explanation. The News Agency of Nigeria (NAN) reports that the affected companies include Aso...

July 9, 2020 No Responses

NAFDAC Offers 80 Per Cent Discount To Jigawa Entrepreneurs

The National Agency for Food and Drug Administration and Control (NAFDAC) in Jigawa state has announced 80 per cent discount for registration of new Micro, Small and Medium Enterprises (MSMEs) in the state. The agency’s Coordinator in the state, Mr...

July 9, 2020 No Responses

US Surpasses Three Million Coronavirus Cases

More than three million people in the US have now tested positive for Covid-19, according to Johns Hopkins University. Over 131,000 deaths have been reported, and on Tuesday the US broke its record for most new cases reported in one...

July 9, 2020 No Responses

MSC Joins Smart Maritime Network

Container shipping major Mediterranean Shipping Company (MSC) has joined the Smart Maritime Network, an industry membership group focused on increasing the compatibility, standardization, and harmonization of the technology used in the shipping industry. “Wh...

July 9, 2020 No Responses

Coronavirus Cases In Nigeria Climb To 30,249

Nigeria on Wednesday recorded 460 Coronavirus cases, bringing the total figure to 30,249. The Nigeria Centre for Disease Control (NCDC) explained through its official twitter handle that the 460 new cases were reported from 21 states...

July 9, 2020 No Responses

DHL To Sack 2,200 Workers At Jaguar Land Rover Factories

German logistics company, DHL plans to cut as many as 2,200 jobs of U.K-based workers at Jaguar Land Rover factories, the Unite trade union has said.The job cuts comprise just under 40% of the entire DHL workforce on the contract, the union said.DHL...

July 9, 2020 No Responses

New Mercedes-Benz GLS Debuts In Nigeria

By Moses Ebosele, ebosele@hotmail.com — Regarded as Mercedes-Benz’s largest and most luxurious Sport Utility Vehicle (SUV), the all-new Mercedes-Benz GLS has arrived in Nigeria courtesy Weststar Associates Limited, Authorized General Distribut...