City BusinessNews, Author at City Business News

April 11, 2020 No Responses

Combating COVID-19 Hiccups At Seaports

By Moses Ebosele, ebosele@hotmail.com — As the number of COVID-19 cases continue to climb both in Nigeria and across the globe, individuals, corporate organizations and strategic agencies such as the Nigerian Ports Authority (NPA) are taking steps to nav...

April 11, 2020 No Responses

COVID-19: FirstBank Reinforces e-Banking Offerings, Appreciates Customers

First Bank of Nigeria Limited has reassured its customers that it would remain steadfast and ready to show up for them at these “unprecedented times.” The Bank, in a statement released on Thursday and signed by its chief executive officer,...

April 11, 2020 No Responses

FG Disburses N2.6b To 130,000 Poor Households In Katsina State

The Federal Government has so far disbursed N2.6 billion to 130,000 poor households in Katsina state under the Conditional Cash Transfer (CCT) programme. Alhaji Abdulkadir Nasir, Special Adviser on social interventions to Gov. Aminu Masari, made the disclosure...

April 11, 2020 No Responses

WHO: 5G Not Spreading Coronavirus

The World Health Organisation (WHO) has dismissed the 5G coronavirus conspiracy theory and declared that viruses cannot travel on radio waves or mobile networks. The organisation said in a statement on Friday that contrary to the theory, COVID-19 is a...

April 11, 2020 No Responses

Is Working From Home The Future Of Work?

One effect of the coronavirus pandemic has been a huge increase in the number of Americans working from home. The question is: How many of them will be able to do it when the COVID-19 crisis fades? An early-April 2020...

April 11, 2020 No Responses

Easter: FRSC Boss Felicitates With Christians, Seeks Sustained Adherence To Lockdown Order

Corps Marshal, Federal Road Safety Corps (FRSC), Dr. Boboye Oyeyemi, has called on motorists to sustain adherence to the lockdown orders, the maximum safety and health standards in vehicles amid the rising case of coronavirus (COVID-19) in the country.The Corp...

April 10, 2020 No Responses

AfDB: Nigeria Making Progress In Rice Production, Processing

Nigeria is making progress in rice production and processing, the African Development Bank (AfDB), has said According to Senior Country Director of the bank, Mr Ebrima FAAL, the development should be should be scaled up and broadened to other sectors...

April 10, 2020 No Responses

Buhari Pardons Enahoro, Ambrose Alli, Effiong, Others

President Muhammadu Buhari has granted pardon to the former governor of old Bendel State, the late Prof Ambrose Alli and a foremost nationalist, the late Chief Anthony Enahoro. Addressing Journalists on Thursday in Abuja, Minister of Interior, Rauf Aregbesola ...

April 10, 2020 No Responses

Lockdown: FirstBank Assures Customers Of Seamless Services

First Bank of Nigeria Limited, the leading financial inclusion bank in Nigeria, has reassured its customers that it would remain steadfast and ready to show up for them at these “unprecedented times.” The Bank, in a statement released on Thur...

April 10, 2020 No Responses

Daimler To Restart German Factories April 20

Mercedes-Benz maker, Daimler is to restart work at factories in Germany from April 20, after a weeks-long interruption due to the coronavirus pandemic. “In a few selected factories, we are implementing a coordinated restart of production,” the grou...

April 10, 2020 No Responses

Hyundai To Restart Plant April 14

Hyundai Motor, Czech plant plans to restart on April 14 after a three-week production outage as part of efforts to fight the coronavirus, becoming the first of the three major carmakers in the central European country to resume work. The...

April 9, 2020 No Responses

Extreme Poverty Looms As Coronavirus Persist

As the world grapple with the ravaging effect of coronavirus pandemic, the economic fallout could increase global poverty by as much a half a billion. A United Nations (UN) study into the financial and human cost of the pandemic has...

April 9, 2020 No Responses

World Trade To Decline By 32% In 2020

The decline in world trade due to Covid-19 will likely exceed the trade slump brought by the global financial crisis of 2008 09, the World Trade Organization (WTO) said on Wednesday, with merchandise trade expected to decline 13-32% in 2020...