yetty, Author at City Business News

April 23, 2020 No Responses

NLNG Restates Support For Fight Against COVID-19, Donates Vehicles, Protective Equipment, Others

Nigeria LNG Limited (NLNG) has restated its support for the fight against the Coronavirus (COVID-19) pandemic and has urged resilience and adherence to social distancing rules and other precautionary measures advised by the health authorities, in order to cont...

April 23, 2020 No Responses

Nigerian Breweries Declares N83.2b Revenue, N5.5b Profit In Q1

The Board of Directors of Nigerian Breweries has announced a revenue of N83.2 billion for the first quarter ended March 31.The revenue represented a decrease of 0.09 per cent when compared with N83.3 billion achieved in the corresponding period of...

April 23, 2020 No Responses

Board: 2,000 Seafarers Under NSDP Awaiting Sea Time

The National Seafarers Welfare Board (Nigeria) says two thousand seafarers, under the National Seafarers Development Programme (NSDP), are still waiting for sea time.The board Chairman, Mr Kunle Folarin, made this known on Thursday on an Instagram Live program...

April 23, 2020 No Responses

Dangote Cement’s N100b Bonds Oversubscribed

Dangote Cement Plc, on Thursday, announced the successful issuance of its N100 billion Series 1 fixed rate senior unsecured bonds due April 2025.Mr Michel Puchercos, its Chief Executive Officer of the company, said in Lagos that the N100 billion bonds...

April 23, 2020 No Responses

Palm Oil Production: Group Seeks More Investment In Nigeria

A Non-Governmental Organisation (NGO), Solidaridad West Africa has urged all tiers of government and the private sector to invest more on palm oil production to increase contribution of the agriculture sector to Nigeria’s GDP growth.A statement issued ...

April 23, 2020 No Responses

Top Gear Names Kona Electric Best Small Family Car

Kona Electric has been acknowledged as the Best Small Family Car in the inaugural TopGear Electric Awards, after it completed a 1,600-kilometers road trip across 9 European countries. A statement explained that Hyundai Motor’s fully electric SUV was no...

April 22, 2020 No Responses

How To Tackle Food Insecurity, By Kaduna State

The Kaduna State Government on Wednesday said food insecurity looms without collaboration against bandits attacking rural communities in the state. The government said information sharing with security agencies will ensure prompt response in tackling ban...

April 22, 2020 No Responses

Shippers Council Implores Haulage Operators On Reduced Freight Rates At Seaports

Nigerian Shippers Council (NSC) has urged haulage operators to reduce the freight rates to decongest the nation’s seaports amid COVID-19 pandemic. The Executive Secretary, Mr Hassan Bello made the appeal at a meeting with truck owners under the aegis of...

April 22, 2020 No Responses

How To Tackle Food Insecurity, By Kaduna State

The Kaduna State Government on Wednesday said food insecurity looms without collaboration against bandits attacking rural communities in the state. The government said information sharing with security agencies will ensure prompt response in tackling ban...

April 22, 2020 No Responses

NAFDAC Shuts Down Yoghurt Factory

The National Agency for Food and Drug Administration and Control (NAFDAC) Borno State office has shutdown an illegal facility engaged in the production of unregistered yoghurt. The information was disclosed in a statement signed by the state Acting Coord...

April 22, 2020 No Responses

European Football Leagues to Lose €4.1bn Amid Coronavirus Pandemic

The coronavirus lockdown has already left a huge impact on the sports industry, causing thousands of sports games, competitions and professional leagues to be cancelled or postponed. European football is no exception, with cancelled matches, empty stadiu...

April 22, 2020 No Responses

Tinubu Mourns Anumudu, Commiserates With Family, Imo State, Others

The National Leader of the APC, Sen. Bola Tinubu, has commiserated with family members and associates of Chief Willie Anumudu on the death of the businessman. Anumudu, Chairman of Globe Motors Ltd., died in Lagos on April 21. Tinubu, in...

April 21, 2020 No Responses

COVID-19: Capital Market Support Committee To Raise N1b

In a bid to support the fight against COVID-19 and its impact on the Nigerian economy, the capital market community has launched an initiative with the aim of raising N1bn within the shortest possible time. This was stated by the...