City BusinessNews, Author at City Business News

April 30, 2020 No Responses

Transport Workers: Don’t Use COVID-19 As Excuse To Cut Seafarers’ Wages

At a time when seafarers are keeping the world moving, COVID-19 cannot be used as an excuse to lower the wage and working conditions of seafarers, the International Transport Workers’ Federation (ITF) said. Seafarers are vital employees because they keep...

April 30, 2020 No Responses

Nigeria Records 1,728 Coronavirus Cases

The Nigeria Centre for Disease Control (NCDC), on Wednesday confirmed 196 new cases of the coronavirus (COVID-19) pandemic in the country, bringing the total number of infections in Nigeria to 1,728. The NCDC also said that the virus claimed the...

April 30, 2020 No Responses

COVID-19: FG Commissions Virtual Academy Centre

The Federal Government on Wednesday commissioned a virtual academy learning centre, an initiative of the National Information Technology Development Agency (NITDA), in the Federal Capital Territory (FCT). Dr Isa Pantami,the Minister of Communications and Digit...

April 30, 2020 No Responses

Volvo Cars To Cut 1,300 Jobs

Volvo Cars said Wednesday it was cutting up to 1,300 white-collar jobs in Sweden in a restructuring accelerated by the impact of the new coronavirus. The company said the notices were part of an “ongoing realignment of the company’s operations,&#82...

April 29, 2020 No Responses

FG Delivers 110 Trucks 0f Grains To Kano

The Federal Government has delivered 110 trucks of grains to Kano State to cushion the effect of the lockdown occasioned by COVID-19 in the state.Minister of Humanitarian Affairs, Disaster Management and Social Development. Hajiya Sadiya Umar Farouq, in a stat...

April 29, 2020 No Responses

COVID-19: Okomu Oil Palm Donates Food Items To 21 Communities In Edo.

The Management of Okomu Oil Palm Plc in Udo, near Benin in Edo State, on Tuesday commenced the distribution of food items to 21 communities within its plantations spread across three Local Government Areas (LGAs) of the state. Managing Director...

April 29, 2020 No Responses

Akwa Ibom Reviews 2020 Budget

The Akwa Ibom Government has reviewed its 2020 budget downward in line with the current economic realities occasioned by the impact of the coronavirus pandemic ravaging the world. This was one of the decisions taken at the end of the...

April 29, 2020 No Responses

British Airways To Cut 12,000 Jobs

British Airways is set to cut up to 12,000 jobs from its 42,000-strong workforce due to a collapse in business because of the coronavirus pandemic. The airline’s parent company, IAG, said it needed to impose a “restructuring and redundancy programm...

April 29, 2020 No Responses

FMDQ Admits United Capital, Sterling Bank CP Notes To Its Platform

FMDQ Exchange has announced the approval and admission of the United Capital Plc and Sterling Bank Plc Commercial Paper (CP) notes to its trading platform. The company said in a statement posted on its website on Tuesday that it admitted...

April 29, 2020 No Responses

Export Restrictions: Fighting COVID-19 With Hands Tied

By Pamela Coke-Hamilton and Ralf Peters — COVID-19 is a harsh test not only to the world’s healthcare systems, but also to our trading relationships. We are at a point where the world has already lost hundreds of thousands of...

April 29, 2020 No Responses

Mitsubishi Motors Seeks $2.8b Loans

Mitsubishi Motors has requested 300 billion yen ($2.8 billion) in financing from domestic and foreign lenders as the coronavirus pandemic clouds the outlook for the auto industry This total includes 200 billion yen from Japanese private- and public-sector fina...

April 28, 2020 No Responses

Seaport Authorities Vow To Sustain Trade

Twenty port authorities from different parts of the world on Monday signed a declaration calling for collaboration and sharing of best practices in ensuring port operations remain open to trade as part of the global efforts to fight the COVID-19...

April 28, 2020 No Responses

COVID-19: Group Tasks Business Owners On Flexibility, Remodeling

The Information Systems Audit and Control Association (ISACA) has urged business owners to adopt flexibility and remodeling to grow their businesses now and after the COVID-19 era. The association gave the advice during its virtual meeting for April, monitored...

April 28, 2020 No Responses

Lockdown: Court Impounds 30 Vehicles

A mobile court in Zamfara, on Monday impounded 30 vehicles for allegedly violating the total lockdown declared by the state government as part of efforts to curtail the spread of the novel coronavirus (COVID-19) pandemic. The News Agency of Nigeria...