City BusinessNews Archives — Page 201 of 370

July 27, 2020 No Responses

Two Passengers Killed As Container Falls On Bus In Lagos

Two persons died on Sunday while three others were injured when a 20-feet container fell on a commercial bus at Ilasamaja on the Oshodi-Badagry Expressway in Lagos State. The Director-General, Lagos State Emergency Management Agency (LASEMA)Dr Olufemi Oke-Osanyintolu, who confirmed the accident said the dead...

July 26, 2020 No Responses

APC Group Tackles Makinde Over N100b Bond

The Progressives Front (PF), a group within the All Progressives Congress (APC) on Saturday alleged that the proposed Oyo State N100 billion bond is “inimical to the state’s development“. The group, in a statement jointly signed by its Chairm...

July 25, 2020 No Responses

Man Energy To Sack 4,000 Workers

Marine engine manufacturing giant, MAN Energy Solutions is launching an extensive cost-cutting and restructuring program that will result in the layoff of almost 4,000 people. The program is being rolled out as MAN Energy Solutions readies for a prolonged...

July 25, 2020 No Responses

PSG Wins French Cup

Paris St-Germain overcame an injury to Kylian Mbappe to beat 10-man Saint-Etienne and win the French Cup in a game for which some fans were allowed into the Stade de France. This was the first game in France after the...

July 24, 2020 No Responses

NLC Condemns 6% Stamp Duty On Tenancy, Lease Agreements

The Nigeria Labour Congress (NLC) on Friday condemned six per cent stamp duty fee introduced by the Federal Inland Revenue Service (FIRS) for every tenancy and lease agreement in Nigeria. NLC President, Comrade Ayuba Wabba, in a statement on...

July 24, 2020 No Responses

Greece Exempts Seafarers From Entry Restriction

Greece has exempted seafarers from COVID-19-related travel restrictions, meeting its pledge to the IMO to facilitate crew change. GAC Greece said that the Greek government has allowed seafarers entry into its country together with citizens of the following...

July 24, 2020 No Responses

Seplat, Bua Cement Top Losers’ Table As Market Capitalisation Drop By N45b

The Nigerian Stock Exchange (NSE) on Friday returned to the negative territory on with key market indices declining by 0.35 per cent. Specifically, the All-Share Index (ASI) dipped 85.04 points to close at 24,427.73 compared with 24,512.77 achieved on Thursday...

July 24, 2020 No Responses

Deeper Life Bible Church Holds Young Professionals Forum

As part of measures to address clamour for quality leadership especially among the youths, the Young Professionals Forum (YPF) of the Deeper Life Bible Church has announced the hosting of its second annual leadership summit. A statement issued on Friday...

July 24, 2020 No Responses

Stakeholders Seek Stricter Regulation Of Blood Products

Stakeholders in the health sector on Thursday urged Federal Government to establish a commission that would enhance regulation of blood products. Head, media and Communication, National Blood Transfusion Service (NBTS), Abdullahi Haruna, explained that the sta...

July 24, 2020 No Responses

Nigeria Confirms 604 New Coronavirus Cases

Nigeria Centre for Disease Control (NCDC), has confirmed 604 new cases of coronavirus pandemic, bringing total infections 38,344. According to the NCDC, the 604 cases were reported in 20 states and the FCT, with Lagos State – the countr...

July 24, 2020 No Responses

Union Tasks Amaechi On Railway Staff Quarter Monetisation

The Nigeria Union of Railway Workers (NUR) has appealed to the Minister of Transportation, Rotimi Amaechi, to find lasting solution to the staff quarter monetisation issue. NUR General Secretary, Mr Segun Esan, explained on Thursday that the minister...

July 24, 2020 No Responses

FRSC Cautions Transporters Against Use Of Air Conditioner

The Federal Road Safety Corps (FRSC), Zone 5 Command, Benin, has warned commercial motorists against the use of the air-conditioning system to contain the spread of COVID-19 pandemic. The FRSC Zonal Commander, ACM Ayobami Omiyale, gave the warning on Thursday....

July 24, 2020 No Responses

BMW Rolls Out $77,000 Electric SUV

BMW AG has unveiled its own electric sports utility vehicle to take on the likes of Tesla Inc.’s Model Y and Daimler AG’s Mercedes-Benz EQC.The Munich-based company unveiled the iX3, a variant of the mid-size X3 and its first battery-powered SUV,...

July 24, 2020 No Responses

Nissan Displays B-Segment SUV Concept

Nissan Motor Corporation on Thursday globally unveiled the B-segment Sports Utility Vehicle (SUV) concept Magnite.The company’s global executive Ashwini Gupta assured that the new SUV to be launched in the later half of the current fiscal year will bring bac...