City BusinessNews Archives — Page 199 of 325

May 13, 2020 No Responses

Fountain University Unveils Free Internet Data For Students’ e-Learning

As part of efforts to ensure hitch-free e-learning during the lockdown occasioned by COVID-19 pandemic, the management of Fountain University, Osogbo, has unveiled free internet data for all its students A statement issued by the institution’s Public Relations Officer (PRO)...

May 13, 2020 No Responses

Toyota Pledges To Protect Workers, Explains $66b Quarterly sales

The President of Toyota Motor Corporation, Akio Toyoda on Tuesday promised to protect jobs and what he called “Toyota people” across the world “with their skills and shared sense of mission“. Akio Toyoda said the company is facing it...

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

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

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...

May 12, 2020 No Responses

NCDMB Warns Against Illegal Deployment Of Expatriates In Oil, Gas Sector

The Nigerian Content Development and Monitoring Board (NCDMB) is intensifying efforts to monitor and evaluate activities toward identifying operators involved in illegal deployment of expatriates in the oil and gas sector. The NCDMB, in a statement issued on i...

May 12, 2020 No Responses

Ecobank Holds Virtual Graduation Ceremony For Batch 7 Trainees

Fifty-Seven trainees, who represent batch seven set of graduates being absorbed into Ecobank Nigeria as full time employees were recently hosted to a virtual graduation ceremony by the Ecobank Academy as it positions itself as a high quality employer rea...

May 12, 2020 No Responses

Air Peace To Evacuate 200 Nigerians From Canada

All is set for the Nigeria High Commission in Canada to evacuate Nigerians stranded in that country due to coronavirus travel restrictions. In a statement on Monday, the mission said it had received no fewer than 200 requests for evacuation....

May 12, 2020 No Responses

Report: FG, States, Councils Got N1.9trillion In Q1

For the First Quarter of 2020, the Federation Accounts Allocation Committee (FAAC) disbursed N1.95 trillion to the Federal, States, LocalGgovernments and other statutory agencies. A breakdown of the disbursements shows that N791.4 billi...

May 12, 2020 No Responses

Coronavirus Cases In Nigeria Climb To 4641

The Nigeria Centre for Disease Control (NCDC) on Monday recorded 242 new cases of COVID-19 in the country, bringing the total number of infections in Nigeria to 4641. The NCDC also said that 10 new patients had been confirmed dead,...

May 12, 2020 No Responses

Catholic Bishops Offer 425 Hospitals As Isolation Centres

The Secretary to the Government of the Federation and chairman of the Presidential Task Force (PTF), Mr Boss Mustapha, on Monday disclosed that Catholic Bishops have volunteered 425 of their Hospitals across the country as isolation centres. Speaking i...

May 12, 2020 No Responses

Auto Industry To Raise $100b From Banks

Global automakers and suppliers are on track to get at least $100 billion of bank financing as the coronavirus pandemic hammers car sales.Mazda Motor is the latest to join the rush, with Nikkei reporting that the company is seeking a 300...

May 12, 2020 No Responses

Market Capitalisation Drops By N49b

The nation’s bourse resumed trading for the week on Monday on a bearish trend with the crucial indices dropping by 0.39 per cent. Specifically, the All-Share Index (ASI) lost 94.57 points or 0.39 per cent to close at 23,950.83 compared...