City BusinessNews, Author at City Business News

June 9, 2020 No Responses

Coronavirus Cases In Nigeria Now 12,801

The Nigeria Centre For Disease Control (NCDC) has recorded 315 new cases of COVID-19, bringing the total number of infections in the country to 12,801. The NCDC announced this on Monday through its official Twitter handle, noting that as at June...

June 9, 2020 No Responses

BP To Cut 10,000 Jobs As Coronavirus Hits Demand For Oil

BP has announced plans to cut 10,000 jobs following a global slump in demand for oil because of the coronavirus crisis. The oil giant had paused redundancies during the peak of the pandemic but told staff on Monday that around...

June 9, 2020 No Responses

CMA CGM Declares $48m Income In Q1

Despite challenges caused by the coronavirus pandemic, French container shipping major CMA CGM closed the first quarter of this year with a positive net result. The company saw a net income of $48 million in Q1 2020, an increase of...

June 9, 2020 No Responses

Covid-19: Ford Re-Evaluates Office Space

Ford Motor Co is re-evaluating how much office space it needs for white-collar workers as restrictions put in place during the coronavirus pandemic are eased and employees return to workplaces.In March, Ford, General Motors Co and Fiat Chrysler Automobiles...

June 8, 2020 No Responses

IITA: Cassava Seed System Profitable For Players In Value Chain

The cassava seed system is profitable across the value chain, the International Institutes of Tropical Agriculture (IITA) has said. In a statement issued on Sunday, IITA Project Director, Dr Hemant Nitturkar explained that the Building and Economically Su...

June 8, 2020 No Responses

Nigeria Records 260 New Coronavirus Cases

The Nigeria Center For Disease Control(NCDC), has announced 260 new cases of the COVID-19, bringing the total number of infections in the country to 12,486. NCDC explained on Sunday through its Twitter handle that “Till date, 12,486 cases have bee...

June 8, 2020 No Responses

Photo News

15th Oniru of Iruland, Oba Abdulwasiu Omogbolahan Lawal, Abisogun II, and his wife, Olori Mariam Lawal during the installation ceremony on Sunday, June 7, 2020 in Eti-Osa Local Government Area, Lagos.

June 8, 2020 No Responses

Piracy: Nigeria Hands Over Vessel, Crew To Ghana

The Nigerian Government has handed over the fishing vessel Marine 707 suspected to be carrying out illegal activities in the Gulf of Guinea to the Ghanian authorities for further investigation and possible prosecution. A statement issued by Ph...

June 8, 2020 No Responses

Eni In Major overhaul, Shifts Toward Renewable Energy

Italian energy giant Eni has announced a major overhaul of its business as it steps up efforts toward energy transition. The company will create two business units with one focused on oil and gas called “Natural Resources” and the second...

June 8, 2020 No Responses

GAC Delivers First All-Electric Vehicle GE3

Chinese OEM GAC Motor has completed the first overseas delivery of its all-electric vehicle, the GE3 SUV. Yakov Ben Hion, the first international GE3 owner, is a technology enthusiast and environmentalist. A statement quoted the owner as ...

June 8, 2020 No Responses

Concerns About Dying CAF Champion League

By Abiodun Mohammed — About two months after the outbreak of coronavirus and the consequent lockdowns imposed to curtail its spread in Africa, countries across the continent are gradually opening their economies. Sportsmen and women are also warming up...

June 7, 2020 No Responses

NPA To Receive 16 Ships Laden With Petroleum Products, Frozen Fish, Soya Beans, Others

The Nigerian Ports Authority (NPA) is expecting 16 ships laden with petroleum products, food items and other goods from June 6 to June 20. NPA in its publication, `Shipping Position,’ explained on Saturday that the ships are expected to arrive...

June 7, 2020 No Responses

El-Rufai To FG: Transfer Ecological Funds To Environment Ministry

Kaduna State Governor, Nasir El-Rufai on Saturday canvassed for the transfer of the Ecological Fund to Federal Ministry of Environment, which has the expertise and national reach to manage the fund more efficiently. The governor made the call when the...

June 7, 2020 No Responses

Tomatoes’ Price Soar In Enugu Markets

Price of tomatoes has soared by about 60 per cent in some major markets in Enugu, the News Agency of Nigeria (NAN) reports. A NAN survey conducted on Saturday revealed that a big basket of tomatoes, which cost N16,000 some...