City BusinessNews, Author at City Business News

June 2, 2020 No Responses

Nigeria Confirms 416 New Cases Of Coronavirus

The Nigeria Centre for Disease Control (NCDC) on Monday recorded 416 new cases of the Coronavirus (COVID-19) in the country, bringing the total number of infections in Nigeria to 10,578. In a report on its official twitter handle NCDC explained that 3,122 out...

June 2, 2020 No Responses

Uzodimma Receives Judicial Commission Report

Governor of Imo State, Hope Uzodimma has received report of the state’s Judicial Commission of Inquiry on lands and related matters. The governor’s Chief Press Secretary, Mr Oguwike Nwachuku, confirmed this in a statement made available to Journalists on M...

June 2, 2020 No Responses

Rivers Inaugurates Free Bus Scheme

The Rivers Government has inaugurated a COVID-19 Free Bus Scheme to cushion the effect of the pandemic on residents and visitors to the state. The scheme was inaugurated on Monday in Port Harcourt by the Commissioner for Transport, Mr Sunny...

June 2, 2020 No Responses

Firms Seal $19.2b LNG Shipbuilding Deal

Qatar Petroleum has inked three deals with South Korean shipbuilders reserving slots for its LNG tanker fleet expansion valued over $19 billion. Qatari giant said on Monday it has signed deals to reserve LNG ship construction capacity in South Korea...

June 2, 2020 No Responses

Hyundai Delivers 217,510 Units Worldwide In May

The South Korean carmaker, Hyundai Motor Company on Monday reported a 39.3 percent decline in global sales at 217,510 units in the month of May due to slowing economic activities around the world caused by the COVID-19 pandemic.The company had sold...

June 2, 2020 No Responses

Kia Unveils Updated Seltos SUV

Kia Motors on Monday announced the introduction of the updated Seltos Sports Utility Vehicle (SUV) in the India market. According to Kia, the new Seltos boast of 10 new features onboard, which include Emergency Stop Signal (ESS), Smart-Key Rem...

June 2, 2020 No Responses

Ighalo Extends Man Utd Loan To January

Forward Odion Ighalo has extended his loan deal at Manchester United until January 2021. Ighalo, 30, joined United in January from Chinese Super League side Shanghai Shenhua, initially until 31 May. There is no option for the Premier League club...

June 1, 2020 No Responses

Telios Group Secures N3.9b UNIPORT Convocation Arena Contract

Telios Group has secured N3.9 billion contract for the construction of University of Port Harcourt (UNIPORT) convocation arena. The Special Adviser to Governor of Rivers State, Nyseom Wike on Projects, Mr Alabo George-Kelly in a statement on Sunday assured the...

June 1, 2020 No Responses

Air Peace Airlifts 312 Indians From Nigeria

Air Peace has evacuated 312 Indian citizens from Nigeria back to their country in a 10-hour non-stop flight. Mrs Oluwatoyin Olajide, the Chief Operating Officer of the airline, explained in a statement on Sunday that the flight, which departed on...

June 1, 2020 No Responses

Hyundai Exports 5,000 Units In May

For the Month of May 2020, South Korean carmaker, Hyundai Motor exported over 5,000 units of cars from India after restarting production.The Managing Director & Chief Executive Officer, Hyundai Motor India Ltd, S S Kim, in a statement at the...

June 1, 2020 No Responses

Seplat Shareholders Get $59m Dividend For 2019

For the financial year 2019, the Board of Seplat Petroleum Development Company Plc, a leading Nigerian independent oil and gas company listed on both the Nigerian Stock Exchange (NSE) and the London Stock Exchange (LSE) ,rewarded its shareholders with $59...

June 1, 2020 No Responses

CBN Adjusts Timelines For Reversals Of Complaints On Electronic Channels

The Central Bank of Nigeria (CBN) has adjusted timelines for reversals or resolution of refund complaints on electronic channels with effect from June 8. The CBN Director, Corporate Communications, Mr Isaac Okorafor, made this known in a statement in Abuja...

June 1, 2020 No Responses

Coronavirus Cases In Nigeria Now 10,162

Nigeria on Sunday recorded 307 new COVID-19 cases, bringing the total infections to 10,162. The Nigeria Centre for Disease Control (NCDC) on its official twitter handle, also confirmed 287 deaths. The centre said 3,007 patients have been treated and ...

May 31, 2020 No Responses

LCCI Seeks Regional Collaboration On Agriculture

Collaboration by South-West states, with a renewed focus at unveiling viable and sustainable investment opportunities in the agribusiness value chain, is critical to national economic diversification and self-reliance, the Lagos Chamber of Commerce and Industr...