Plug Social Protection Gaps In Developing Countries To Prevent Future Crises, Says ILO

Plug Social Protection Gaps In Developing Countries To Prevent Future Crises, Says ILO

The COVID-19 crisis  has exposed devastating gaps in social protection coverage in developing countries, and recovery will only be sustained and future crises prevented if they can transform their ad hoc crisis response measures into comprehensive social protection systems, according to new...
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Nigeria Receives 24 Ships With Petroleum Products, Food Items

Nigeria Receives 24 Ships With Petroleum Products, Food Items

Twenty-Four ships laden with petroleum products, food items and other goods are scheduled to arrive the TinCan Island Port in Nigeria from May 14 to May 30, 2020.  The Nigerian Ports Authority (NPA) in its publication, `Shipping Position’, explained th...
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FRSC Impounds 40 Overloaded Vehicles

FRSC Impounds 40 Overloaded Vehicles

The Federal Road Safety Corps (FRSC) Lagos Sector Command on Thursday said that it arrested 40 overloaded vehicles in the first week of COVID-19 Lockdown relaxation in the state. The Lagos State Sector Commander of FRSC, Mr Hyginus Omeje disclosed...
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Weststar Reopens Facilities, Fumigates Premises

Weststar Reopens Facilities, Fumigates Premises

  By citybusinessnews@yahoo.com  Weststar Associates Limited, authorized general distributor of Mercedes-Benz in Nigeria has reopened its facilities in Lagos and Abuja for business operations.  However, due to Coronavirus pandemic and in line with gove...
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NSE Market Capitalisation Sustains Growth With N87b

NSE Market Capitalisation Sustains Growth With N87b

Sentiments in the nation’s bourse remained positive on Thursday following price appreciation in Dangote Cement and 17 other stocks. Consequently, the All-Share Index rose by 183.48 points or 0.77 per cent to close at 23,892.92 compared to 23,709.44 achieved ...
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NRC Makes Wearing Of Face Masks Mandatory

NRC Makes Wearing Of Face Masks Mandatory

The Nigerian Railway Corporation (NRC) has flagged off sensitisation and awareness campaign against COVID-19 among its staff and those residing in railway compound in Lagos. The NRC Managing Director, Mr Fidet Okhiria, performed the ceremony, according to a st...
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NAFDAC Warns Against Use Of Chloroquine

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...
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Kia Motors Nigeria Resumes Operations, Explains Safety Modalities

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 ...
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NLNG Seals EPC Contracts With Saipem, Chiyodu, Daewoo

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 ...
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Nigeria Seeks $1.2b Loan For Agric Mechanisation

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...
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Shippers’ Council Partners NCDC On Sensitization

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...
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CMA CGM Secures $1.1b Loan

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

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...
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Dangote Cement Donates 35 Vehicles To Lagos state

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...
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