City BusinessNews Archives — Page 202 of 325

May 7, 2020 No Responses

NNPC Reduces Ex-Depot Price Of Petrol

The Nigerian National Petroleum Corporation (NNPC) has announced a reduction in the ex-depot price of Premium Motor Spirit (PMS) from N113.28k per litre to N108.00K per litre across all its products loading facilities. This was contained in a statement issued...

May 7, 2020 No Responses

UBA Rewards 100 Customers With N100,000

United Bank for Africa (UBA) Plc has rewarded 100 loyal customers with N100,000 each in the UBA Bumper account draw. The draw, which took place at the UBA Head office on Tuesday, was held via the Facebook platform in strict compliance...

May 7, 2020 No Responses

Seaport Secures $500m Loan

The Port of Long Beach has secured a $500 million loan from the U.S. Government to help finance a massive infrastructural project aimed at allowing larger ships to enter the port. “This $500 million federal investment reflects the President’s continued...

May 7, 2020 No Responses

Jaguar Deploys 362 Cars For Emergency Service Workers

Jaguar Land Rover has deployed more than 362 vehicles globally for the emergency service workers as part of measures to curtail coronavirus crisis.The British automaker claims that it has provided the vehicles to agencies like NH...

May 7, 2020 No Responses

UK’s COVID-19 Death Tops 30,000

Another 649 COVID-19 patients have died, bringing the total coronavirus-related death toll in Britain to 30,076, Secretary of State for Housing, Communities and Local Government, Robert Jenrick, said on Wednesday. The figures include deaths in all settings, in...

May 6, 2020 No Responses

Airline Operators Fault FG’s Engagement Of Foreign Carriers For Evacuation

The Airline Operators of Nigeria (AON) on Wednesday faulted the decision by the Federal Government to engage foreign airlines for the evacuation of Nigerians abroad. Chairman of AON, Capt. Nogie Meggison in a statement explained that government’s ...

May 6, 2020 No Responses

Ibom Air Boosts Fleet With New Aircraft

Akwa Ibom State Government commercial airline, Ibom Air, has added another aircraft to its fleet. The new aircraft, a bombardier CRJ 900, arrived at Murtala Muhammed International Airport, Lagos, from Calgary, Canada, at 10:48 p.m. on Tuesday, the airline m...

May 6, 2020 No Responses

Market Capitalisation Sustains Growth, Retains N167b

The Nigerian stock market on Wednesday extended its positive sentiment rally with the market indices appreciating by 1.40 per cent. Specifically, the All-Share Index (ASI) increased by 334.06 points, representing a growth of 1.40 per cent to close at 24,143.37...

May 6, 2020 No Responses

Lagos Clamps Down On Illegal Barge Operators

The Lagos State Waterways Authority (LASWA) has clamped down on illegal barge operators along the Mile 2 area of the state waterways. The General Manager of LASWA, Mr Oluwadamilola Emmanuel, made this known on Wednesday in a statement in Lagos....

May 6, 2020 No Responses

Lockdown: FRSC Impounds 400 vehicles

The Federal Road Safety Corps (FRSC), Command in Delta has impounded over 400 vehicles for violating COVID-19 lockdown in the state.Mr Fatai Bakare, the Acting Sector Commander, disclosed this at a media briefing on Wednesday in Asaba.Bakare said the command.....

May 6, 2020 No Responses

WISTA Canvasses Support For Seafarers

The Women’s International Shipping and Trading Association, on Wednesday announced new initiative aimed at seafarers. Under the arrangement, WISTA Norway, WISTA UK, WISTA Singapore, WISTA Brazil, and WISTA Argentina have come together to off...

May 6, 2020 No Responses

COVID-19: NLNG Hands Over Bonny Holding Centre

Nigeria Liquefied Natural Gas Limited (NLNG) on Tuesday handed over a 10-bed Holding Centre, which it donated to the Bonny Zonal Hospital as part of its support to its host community to fight the spread ofCoronavirus (COVID-19). This handover is...

May 6, 2020 No Responses

Over 40m People Face ‘Desperate Food Shortages’ In West Africa

The World Food Programme (WFP) has warned that no fewer than 40 million people across West Africa face “desperate food shortages in coming months”. Its spokesperson, Ms Elisabeth Byrs, gave the warning during a virtual news briefing on Tuesday. Byrs...

May 6, 2020 No Responses

Nigeria Records 2,950 Coronavirus Cases

The Nigeria Centre for Disease Control (NCDC) on Tuesday recorded 148 new cases of Coronavirus (COVID-19) in the country, bringing the total number of infections in Nigeria to 2950. The NCDC also said that six new patients had been confirmed...