City BusinessNews, Author at City Business News

July 8, 2020 No Responses

Nissan Secures $7.8b From Creditors

Nissan Motor has raised $7.8 billion in financing from its creditors since April as it tries to shore up its cash position in the face of falling sales due to the coronavirus pandemic, its latest annual securities report shows.In a filing to Japanese...

July 7, 2020 No Responses

Hassan Bello Harps On Seaports‘ Digitisation

Digitisation will ensure efficiency, competitiveness and reduce corruption at Seaports, Executive Secretary, Nigerian Shippers’ Council (NSC), Hassan Bello, has said Speaking in Lagos on Monday during a courtesy visit to the council’s headquarters &nb...

July 7, 2020 No Responses

Nigeria Confirms 575 New Coronavirus Cases

Nigeria’s coronavirus infections on Monday surpassed the 29,000 cases as the Nigeria Centre for Disease Control (NCDC) announced 575 new confirmed cases. The NCDC said on its official twitter handle that the total number of infections from the virus has...

July 7, 2020 No Responses

Kaduna Considering Castration, No Bail For Rapists

Governor of Kaduna State, Nasiru El-Rufai on Monday said the Justice system of the State will no longer grant bail to rapists, just as it is considering castration for convicts. El-Rufai made the remarks when a group of women, advocating for...

July 7, 2020 No Responses

Sarumi, Dafinone, Others Seek Support For Seafarers’ Welfare

The Chairman, Mission To Seafarers Lagos (MTSL), Chief Adebayo Sarumi on Monday pledged to work toward improving welfare of seafarers in Nigeria. According to him, over 3, 000 ships berth in Lagos yearly, with 80 per cent being foreign flagged,...

July 6, 2020 No Responses

Fidelity Bank Appoints Chike-Obi Chairman

Fidelity Bank Plc has announced the appointment of Mr Mustafa Chike-Obi as the Chairman of the bank. Chike-Obi, who is currently Executive Vice Chairman at Alpha African Advisory, has over 40 years of experience in investment banking and the financial...

July 6, 2020 No Responses

Nigeria Reports 544 New Coronavirus Cases

Nigeria has recorded 544 new COVID-19 cases, a development which has taken the country’s total infection tally to 28,711. The Nigeria Centre for Disease Control (NCDC) disclosed this on its official twitter handle on Sunday. NCDC explained that the 544...

July 6, 2020 No Responses

NAVY, NIMASA To Align Maritime Training

Plans are at an advanced stage to harmonise the training procedures of the Nigerian Maritime Administration and Safety Agency (NIMASA) and the Nigerian Navy as part of measures to improved safety and security of the country’s maritime space. The develo...

July 6, 2020 No Responses

FRSC Redeploys Fomsuk, Olagunju, Agu, Others

The Corps Marshal of the Federal Road Safety Corps (FRSC), Dr Boboye Oyeyemi has approved immediate redeployments of one Deputy Corps Marshal (DCM) and six Assistant Corps Marshals (ACM) as part of measures to sustain efficiency ...

July 6, 2020 No Responses

Mercedes-Benz Recalls 660,000 Vehicles

Mercedes-Benz will recall more than 660,000 vehicles in China later this year for a possible oil leak.A seal between a high-pressure fuel pump and a low-pressure fuel pipe could weaken over time, allowing oil to leak when the engine starts in...

July 5, 2020 No Responses

Kano Inaugurates Committee On Missing Children

Governor of Kano State, Abdullahi Ganduje has inaugurated a 16-member Implementation Committee for the Report of the Judicial Commission of Inquiry into Missing Kano Children. A statement issued on Saturday by Mr Abba Anwar, the Chief Press Secretar...

July 5, 2020 No Responses

Police Averts Chaos As Customs, Traffic Officers Clash

The Police in Kwara on Saturday averted a bloody clash between personnel of the state Road Traffic Management Authority (KWARTMA) and Nigeria Customs Service (NCS) over a minor incident. The Chief Executive Officer of KWARTMA, Mr Yekeen Bello, who confirmed...

July 5, 2020 No Responses

FRSC Promotes Fomsuk, Obayemi To DCM

The Federal Road Safety Commission Board (FRSCB) has approved the promotion of two Assistant Corps Marshal from the North Central Geopolitical Zone to the rank of Deputy Corps Marshal with immediate effect. FRSC’s Corps Marshal, Dr Boboye Oyeyemi, annou...

July 5, 2020 No Responses

Nigeria Confirms 603 New Coronavirus Cases

Nigeria has recorded 603 new Coronavirus cases in the country, as total infections from the virus climbed 28,167. The Nigeria Centre for Disease Control (NCDC) made this known on its official twitter handle on Saturday. NCDC explained that the 603...