City BusinessNews Archives — Page 200 of 325

May 11, 2020 No Responses

SEC Nigeria Implores Stakeholders On Full Disclosures, Reopens Head Office

The Securities and Exchange Commission, SEC has reminded regulated entities in the capital market to continue to make adequate disclosures on the impact of COVID-19 on their businesses This was contained in a circular by the Commission to provide update...

May 11, 2020 No Responses

Emefiele Assures Investors On Forex Repatriation

Governor of Central Bank of Nigeria (CBN), Godwin Emefiele, has assured investors of the security of their investments in the country in spite dwindling revenue from the sale of crude oil globally. The CBN’s Director, Corporate Communications Department, Mr ...

May 11, 2020 No Responses

Nigeria Records 248 New Cases Of Coronavirus

The Nigeria Centre for Disease Control (NCDC) on Sunday recorded 248 new cases of Coronavirus and 17 deaths, bringing the total figure of confirmed cases across the country to 4,399. This is the highest daily figure of deaths reported from...

May 11, 2020 No Responses

South Korea Begins Work On Small LNG Vessel

South Korea has started building a small liquefied natural gas bunkering vessel as part of a project backed by the Ministry of Oceans and Fisheries. A steel-cutting ceremony to mark the construction of the 500 cubic meter capacity LNG bunkering...

May 11, 2020 No Responses

Hyundai Rolls Out 200 Units As 250 Dealers Resumes

Hyundai Motor at the weekend announced that it rolled out 200 cars on the first day of production resumption at its plant in Sriperumbudur, Chennai in India. The South Korean automaker explained that the production resumption has been done follo...

May 10, 2020 No Responses

Kwara Returns 200 “Almajiri” To Katsina

The Police Command in Kwara State on Saturday returned no fewer than 200 suspected Almajiri to Katsina State.This was contained in a statement issued by the Police Public Relations Officer (PPRO) in the state, Ajayi Okasanmi, in Ilorin.Okasanmi explained that....

May 10, 2020 No Responses

Tambuwal Supports Late Guardian Correspondent Family With N500,000

The Nigeria Union of Journalists (NUJ), Sokoto State Council has commended Governor Aminu Tambuwal for supporting the family of late Guardian Correspondent, Mr Eric Meya with N500,000 . Meya died on April 29, this year at the Usmanu Danfodiyo University....

May 10, 2020 No Responses

FRSC Intercepts Truck Conveying 13 People

The Federal Road Safety Corps (FRSC), Ondo State Command, on Saturday, said it intercepted a truck conveying 13 young boys from outside the state into Akure, the state capital. Mr Rotimi Adeleye, the Sector Commander of the corps, announced this...

May 10, 2020 No Responses

Nigeria Reports 239 New Coronavirus Cases

The Nigeria Centre for Disease Control (NCDC) on Saturday recorded 239 new cases of COVID-19 in the country, bringing the total number of infections in Nigeria to 4151. The NCDC also said that 11 new patients have been confirmed dead...

May 9, 2020 No Responses

Nigeria Records 386 New Coronavirus Cases

The Nigeria Centre for Disease Control (NCDC) on Friday recorded 386 new cases of COVID-19 in the country, bringing the total number of infections in Nigeria to 3912. The NCDC also said that 10 new patients have been confirmed dead to...

May 9, 2020 No Responses

Uber Loses $2.9b In Q1

For the first quarter of 2020, Uber lost $2.9 billion as its overseas investments were impacted by the coronavirus pandemic. Meanwhile, the company is looking to its growing food delivery business and aggressive cost-cutting to ease the pain.T...

May 8, 2020 No Responses

Group Tasks NIMASA, NESREA, Others On Cause Of Dead Fishes Along Coastline

Stakeholders in the Niger Delta have called on regulatory agencies to expedite investigations into the dead fishes littering the Atlantic Ocean coastline. The stakeholders made the call in a report titled “Massive Death of Fishes across the Atlantic Coastlin...

May 8, 2020 No Responses

Lagos Predicts 120,000 Confirmed Coronavirus Cases By July

The Commissioner for Health in Lagos State, Prof. Akin Abayomi, says the state may record between 90,000 and 120,000 confirmed cases of COVID-19 (Coronavirus) by July. Abayomi, who made this known during a media briefing on COVID-19 update on Friday...

May 8, 2020 No Responses

Lufthansa To Double Schedule In June

Germany’s Lufthansa on Friday said it would roughly double its schedule in June, putting 160 planes into the air to carry passengers to 106 domestic and foreign destinations, the airline announced from its Frankfurt Headquarters.Lufthansa, along with its sub...