Business News Archives — Page 21 of 48

September 20, 2020 No Responses

Lagos Reopens Cinemas,Gyms

The Lagos State Government on Saturday permitted the reopening of cinemas and gyms, with a maximum of 33 per cent occupancy. Speaking during the 18th update on the management of coronavirus in the state, the State Governor, Babajide Sanwo-Olu explained...

September 19, 2020 No Responses

NNPC Shortlists 78 Firms For Pipelines Rehabilitation

The Nigerian National Petroleum Corporation (NNPC) has shortlisted 78 companies to bid for the rehabilitation of oil pipelines and deport infrastructure across the country. The News Agency of Nigeria (NAN) recalls that over 300 companies applied thro...

September 19, 2020 No Responses

AIICO Pledges To Sustain Growth Agenda

AIICO Plc has reiterated its commitment to sustain growth agenda as part of measures to earn customer’s confidence and achieve reviewed capital base for insurance set by National Insurance Commission (NAICOM). Speaking at a virtual Fact Behind the Offer (FBO...

September 18, 2020 No Responses

Sokoto Unveils ‘One-Stop Shop’ For Ease Of Doing Business

The Special Adviser to President Muhammadu Buhari on Ease of Doing Business (EODB), Dr Jumoke Oduwole, has advised Sokoto state government to enhance modalities for information dissemination regarding business potentialities across the state. Oduwole, made the...

September 18, 2020 No Responses

NIMASA, Air Force To Deploy Assets For Deep Blue Project

Air assets acquired under the Deep Blue Project, also called the Integrated National Security and Waterways Protection Infrastructure, are set for deployment, the Chief of Air Staff, Air Marshal Sadique Abubakar, has said Abubakar said in a st...

September 15, 2020 No Responses

Poultry Farmers Task Govt On Security

The Poultry Association of Nigeria (PAN), has appealed to the government and other stakeholders to expedite action to restore security for farmers nationwide in order to achieve the nation’s goal of food security and self sufficiency. National Presiden...

September 15, 2020 No Responses

Ogun Grants Investors 50% Discount On Land Use Charge

The Ogun State Government has granted 50 per cent discount to investors on all Land Use and Amenities charges. Chief Press Secretary to Governor Dapo Abiodun, Mr Kunle Somorin, in a statement on Monday explained that the grace will be enjoyed...

September 15, 2020 No Responses

Heritage Bank, FAMO Provide Succor For 300 Private School Teachers, SMEs

As part of efforts to cushion the effects of the COVID-19 on the education sector, Heritage Bank Plc in partnership with Honourable Fatima Mohammed (FAMO) foundation has provided succor to over 300 affected private school teachers and small medium enterprises....

September 12, 2020 No Responses

Oil Extends Losses As Stockpile Rise Amid Weakening Demand

Oil prices fell for a second day on Friday, pressured by a surprise rise in U.S. stockpiles as the coronavirus pandemic continues to erode demand for fuels.Brent crude was down 18 cents, or 0.5%, at $39.88 a barrel by 0337 GMT, after fallin...

September 12, 2020 No Responses

SAHCO Unveils Ankara Uniform For Operational Staff

Skyway Aviation Handling Company (SAHCO) PLC has introduced a brandedankara uniformfor its frontline operations staff. A statement explained that the introduction of the ankara patterned uniform is to showcase the Nigerian culture to the world through th...

September 11, 2020 No Responses

APPEALS Project Supports 1,699 Farmers In Kano

No fewer than 1,699 small holder farmers in Kano State participated in the agricultural support programme initiated by the Agro Processing Productivity Enhancement and Livelihood Support (APPEALS). Mr Hassan Ibrahim, the APPEA...

September 9, 2020 No Responses

FAO Assures Nigeria On Sustainable Cocoa, Oil Palm Production

The Food and Agriculture Organisation of the United Nations (FAO),on Tuesday said it is committed to working with Nigeria to promote sustainable cocoa and oil palm production. FAO made this known at a workshop on Food System, Land Use and...

September 9, 2020 No Responses

Pirates Attack Vessel Off Nigeria

A Liberia-flagged reefer vessel has been reportedly attacked by perpetrators off the Nigerian coast. The ship, identified as Water Phoenix, was approached and boarded by an unknown number of persons some 31 nautical miles south-southwest of Lagos on 8 Septembe...

September 8, 2020 No Responses

CMA CGM Declares $7b Revenue In Q2

For the second quarter of 2020, French container shipping major, CMA CGM improved profitability in all its business activities despite challenges related to COVID-19. The company posted a net income of $136 million in Q2 2020, up sharply compared with...