yetty, Author at City Business News

May 14, 2020 No Responses

NAFDAC Warns Against Use Of Chloroquine

The National Agency for Food and Drug Administration and Control (NAFDAC) has, again, warned Nigerians against taking Chloroquine as treatment for Coronavirus (COVID-19). “Nobody should buy Chloroquine and use. If you have COVID-19, go to a doctor. We have warned...

May 14, 2020 No Responses

Kia Motors Nigeria Resumes Operations, Explains Safety Modalities

By Citybusinessnews@yahoo.com Kia Motors Nigeria has opened its facilities inline with government’s and health experts’ directives for business operations as the Coronavirus lockdown eases in phases. Marketing Manager, Olawale Jimoh, in a ...

May 13, 2020 No Responses

NLNG Seals EPC Contracts With Saipem, Chiyodu, Daewoo

By citybusinessnews@yahoo.com Nigeria LNG Limited (NLNG) has signed the Engineering, Procurement and Construction (EPC) Contracts for its Train 7 Project with SCD JV Consortium, comprising affiliates of Saipem, Chiyoda and Daewoo. A statement ...

May 13, 2020 No Responses

Nigeria Seeks $1.2b Loan For Agric Mechanisation

The Federal Executive Council (FEC) has approved a loan facility of €1.2 billion to finance the mechanisation of agriculture in Nigeria. The Minister of Agriculture and Rural Development, Mr Sabo Nanono, disclosed this on Wednesday while briefi...

May 13, 2020 No Responses

Shippers’ Council Partners NCDC On Sensitization

Nigerian Shippers’ Council (NSC) is collaborating with the Nigerian Centre for Disease Control, NCDC, to contain the spread of COVID-19, particularly in the Maritime community in Nigeria. Under the arrangement, the council will hand over hundreds of...

May 13, 2020 No Responses

CMA CGM Secures $1.1b Loan

French container shipping major, CMA CGM has secured a €1.05 billion ($1.1. billion) syndicated loan. According to the company, the loan will be arranged by a consortium of banks BNP Paribas, HSBC France and Société Générale and it would be 70%...

May 13, 2020 No Responses

Sanwo-Olu Lauds Gambari’s Appointment As Buhari’s CoS

Lagos State Governor, Babajide Sanwo-Olu has hailed the appointment of Prof. Ibrahim Gambari as the Chief of Staff to President Muhammadu Buhari. Sanwo-Olu, in a statement signed by his Chief Press Secretary, Mr Gboyega Akosile, on Wednesday, congratulated Gam...

May 13, 2020 No Responses

Dangote Cement Donates 35 Vehicles To Lagos state

Dangote Cement Plc has donated 35 operational vehicles to the Lagos State Government to improve security within the Lagos metropolis in order to ensure an investor-friendly environment. Mr Emmauel Ikhazobor, Non-Executive Director, Dangote Cement, presented th...

May 12, 2020 No Responses

Market Capitalisation Loses N133b

The key performance indices of the Nigerian Stock Exchange (NSE) dropped further on Tuesday by 1.06 per cent amid profit-taking in some blue chips. Consequently, the market capitalisation lost N133 billion to close at N12.349 trillion against N12.482 trillion ...

May 12, 2020 No Responses

Group Seeks Quarantine Exception For 200,000 Seafarers, Maritime Workers

The UK Chamber of Shipping — the voice of the country’s shipping industry — has urged the UK government to exempt seafarers and maritime workers from any quarantine restrictions planned to be imposed. The trade association has also called on the...

May 12, 2020 No Responses

SAHCO Takes Over British Airways Ground Handling Contract

A subsidiary of SIFAX Group, Skyway Aviation Handling Company (SAHCO) PLC, has taken over the ground handling services of British Airways. Under this development, SAHCO PLC will be providing Passenger and Ramp Handling services to British Airways at the ...

May 12, 2020 No Responses

COSCO, Firm Complete Trial Of 5G Smart Seaports

An automated driverless truck for containers on Monday delivered containers to load a containership and collected unloaded containers from the vessel at the Port of Xiamen, passing a trial run as part of a project aimed at developing 5G smart...

May 12, 2020 No Responses

FRSC Arrests 396 Vehicles Over Social Distancing Violation

The Federal Road Safety Corps has arrested a total of 396 vehicles conveying over 2,422 passengers in the general operation area of its 12 Zonal Commands across the country, for indiscriminate violation of Presidential directives on physical distancing in vehi...

May 12, 2020 No Responses

Poultry Association Seeks Establishment Of Modular Hatcheries Across Nigeria

The Poultry Association of Nigeria (PAN) has called on both Federal and State Governments to encourage big hatcheries to set up modular ones across the country. President of the association, Mr Ezekiel Ibrahim, made the call in an interview with...