City BusinessNews, Author at City Business News

April 19, 2020 No Responses

Food Scarcity Looms In Nigeria

An agriculture expert, Alhaji Ahmed Inusa-Adamu, has warned against impending food scarcity in Nigeria as a result of low production of farm produce. Inusa-Adamu has also advised the the Federal Government to take proactive measures and ensure that farmers...

April 19, 2020 No Responses

Ondo To Empower 15,000 Cassava Farmers

A firm, Klick Konnect Network International Limited, has partnered Ondo State government to empower 15,000 cassava famers and 300 women across the state. The News Agency of Nigeria (NAN) reports that the firm, which began operation in 2006 as a...

April 19, 2020 No Responses

Buhari: Abba Kyari Was My Friend For 42 Years

Mallam Abba Kyari, who died on 17th April, 2020, at the age of 67 from complications caused by the Coronavirus, was a true Nigerian patriot. My loyal friend and compatriot for the last 42 years – and latterly my Chief-of-Staff...

April 19, 2020 No Responses

Seaport Welcomes Largest Boxship

The 19,200 TEU MSC Anna, owned by Mediterranean Shipping Company, has docked at the port’s Oakland International Container Terminal on the Oakland Estuary, claiming the title of the largest ship ever to call in Oakland. The massive ship can carry...

April 19, 2020 No Responses

Amaechi Mourns Kyari, Tasks Nigerians on COVID-19 Safety Rules

Minister of Transportation Rotimi Amaechi has condoled with President Muhammadu Buhari and the family of Malam Abba Kyari, the late Chief of Staff to the president. Amaechi said this in a statement on Saturday in Abuja. He described Kyari as...

April 19, 2020 No Responses

Sun Newspaper Decries Arrest Of Reporter In Ebonyi

The management of The Sun Newspaper has condemned the arrest of its correspondent in Abakaliki, Mr Chijioke Agwu, allegedly on the orders of Gov. Dave Umahi. A statement on Saturday in Enugu by the Head of The Sun, South East...

April 18, 2020 No Responses

NPA Extends Suspension Of Demurrage Charges

Following the extension of the Lockdown in response to the COVID-19 outbreak by President Muhammadu Buhari on Sunday, April 12, 2020, the management of Nigerian Ports Authority (NPA) has directed all Terminal operators to extend the suspension of all app...

April 18, 2020 No Responses

South West Shut Borders

As part of measures to curtail the spread of COVID-19, Governors of the South West States of Nigeria on Friday resolved to shut all entry points to the region The six States in the zone are Lagos, Ogun, Oyo, Ekiti,...

April 18, 2020 No Responses

US Unveils $19b Relief Package For Farmers

U.S. President, Donald Trump on Friday announced $19billion aid package for U.S. farmers, in a bid to shore up the food supply chain. “The programme will include direct payments to farmers as well as mass purchases of dairy, meat and...

April 18, 2020 No Responses

Abba Kyari Is Dead

The Presidency has announced the passage of the Chief of Staff to the President, Mallam Abba Kyari. Mr Femi Adesina, Special Adviser to the President on Media and Publicity, announced the development in a statement. He said: ”The deceased had...

April 18, 2020 No Responses

Ford Declares $2b Loss, Drop In Q1 Sales

Ford Motor Co on Friday estimated first-quarter loss of $2 billion and said it would tap debt markets to shore up its cash reserves as the coronavirus outbreak halted production and pummeled vehicles sales. According to Agency Reports, the number...

April 17, 2020 No Responses

NSE Hosts First-Ever Digital Closing Gong Ceremony, Lauds Health Workers

The Nigerian Stock Exchange (NSE) has expressed its commitment to enhance Corporate and Investors access to the market as part of measures to meet their financial and investment needs during this period and beyond. The Chief Executive Officer of NSE,...

April 17, 2020 No Responses

FirstBank Enhances Palliative Measures, Promotes e-Learning For Nigerians

Foremost Financial Institution, FirstBank, has unveiled enhanced palliative measures to help its customers and Nigerians through the extended COVID 19 lockdown in some states. Amongst these measures are; the introduction of special waivers on repay...

April 17, 2020 No Responses

COVID-19: Presco Donates 2,000 Cans Of Vegetable Oil To Edo State

By citybusinessnews@yahoo.com — As part of its contributions to the fight against COVID-19 pandemic, foremost producer of fats and Oils, Presco Plc on Thursday donated 2,000 (5litre) jerry cans in 500 cartons of vegetable oil (olien) to the Edo State...