City BusinessNews Archives — Page 211 of 370

July 8, 2020 No Responses

Ekiti, CBN To Empower 1,000 Cassava Farmers

The Ekiti Government in partnership with the Central Bank of Nigeria (CBN) is to empower no fewer than 1,000 cassava farmers as part of measures to ensure increased cultivation of the commodity in the state. Speaking on Tuesday at the...

July 8, 2020 No Responses

Nigeria Reports 503 New Coronavirus Cases, 15 Deaths

Nigeria has recorded 503 new COVID-19 cases, as total infections from the virus rise to 29,879. The Nigeria Centre for Disease Control (NCDC) through its twitter handle on Tuesday explained that as at July 7, a total of 503 new...

July 8, 2020 No Responses

FG, NEXIM Bank, Sealink Seal Water Transportation MoU

The Federal Government on Tuesday in Abuja, signed a Memorandum of Understanding (MoU) with NEXIM Bank and Sealink Company to facilitate water transportation in the country. The Minister of Mines and Steel Development, Mr Olamilekan Adegbite, who signed the MO...

July 8, 2020 No Responses

Nissan Secures $7.8b From Creditors

Nissan Motor has raised $7.8 billion in financing from its creditors since April as it tries to shore up its cash position in the face of falling sales due to the coronavirus pandemic, its latest annual securities report shows.In a filing to Japanese...

July 7, 2020 No Responses

CEOs Of Maritime Agencies Converge At NSC, Reiterate Synergy, Efficiency

The Chief Executive Officers (CEOs) of maritime agencies in Nigeria on Tuesday converge at the headquarters of Nigerian Shippers Council (NSC) to brainstorm on various modalities and areas of collaborations. The meeting had in attendance Executive Secret...

July 7, 2020 No Responses

FRSC Arrests 236 Traffic Offenders In Seven Days

The Federal Road Safety Corps (FRSC) in Rivers has arrested a total of 236 traffic offenders within one week. The state Sector Commander, Corps Commandant Salisu Galadunci disclosed this to the News Agency of Nigeria (NAN) on Tuesday in Port...

July 7, 2020 No Responses

600 Firms Bid For Nigeria’s 57 Marginal Oilfields

Over 600 companies have applied to be prequalified for the ongoing bid rounds of 57 marginal oilfields in Nigeria, the Department of Petroleum Resources (DPR) has said. Director of DPR, Mr Auwalu Sarki made the disclosure while speaking on Tuesday in a.....

July 7, 2020 No Responses

FCTA Threatens To Shut GTBank Over Alleged COVID-19 Protocol Violation

The Federal Capital Territory Administration (FCTA) has threatened to seal some Guarantee Trust Bank branches in Abuja over alleged non-adherence to COVID-19 safety protocols in their operations. Chairman of the FCTA Enforcement Team on COVID-19, Mr Ikharo Att...

July 7, 2020 No Responses

Hassan Bello Harps On Seaports‘ Digitisation

Digitisation will ensure efficiency, competitiveness and reduce corruption at Seaports, Executive Secretary, Nigerian Shippers’ Council (NSC), Hassan Bello, has said Speaking in Lagos on Monday during a courtesy visit to the council’s headquarters &nb...

July 7, 2020 No Responses

Nigeria Confirms 575 New Coronavirus Cases

Nigeria’s coronavirus infections on Monday surpassed the 29,000 cases as the Nigeria Centre for Disease Control (NCDC) announced 575 new confirmed cases. The NCDC said on its official twitter handle that the total number of infections from the virus has...

July 7, 2020 No Responses

Sarumi, Dafinone, Others Seek Support For Seafarers’ Welfare

The Chairman, Mission To Seafarers Lagos (MTSL), Chief Adebayo Sarumi on Monday pledged to work toward improving welfare of seafarers in Nigeria. According to him, over 3, 000 ships berth in Lagos yearly, with 80 per cent being foreign flagged,...

July 6, 2020 No Responses

Nigeria Proposes N2.3t To Boost Mining, other sectors

The Minister of Mines and Steel Development, Mr Olamilekan Adegbite, has proposed N2.3 trillion to boost the mining and other sectors of the economy in post COVID-19 rescue operations. Adegbite said this in an interactive session with Journalists on Federal...

July 6, 2020 No Responses

Yuguda, New SEC Nigeria Boss Resumes, Pledges To Tackle Market Manipulation

The Director General of the Securities and Exchange Commission(SEC) Mr. Lamido Yuguda has stated that the capital market has a lot of potentials for growth and development of Nigeria post COVID-19 and beyond. Yuguda resumed alongside the Executive Commis...

July 6, 2020 No Responses

FG Grants 60% Debt Relief To Broadcast Stations

The Federal Government has approved 60 percent debt forgiveness for all debtor broadcast stations in the country to cushion the effects of COVID-19 on the industry. The Minister of Information and Culture, Alhaji Lai Mohammed, announced this on Monday in...