City BusinessNews Archives — Page 218 of 370

June 24, 2020 No Responses

Volkswagen Explores Acquisition Of Car Rental Group

Volkswagen AG is in talks to acquire car French rental firm Europcar Mobility Group SA , in a deal that would allow the German car maker to better capitalize on its fleet.The acquisition would come as Europcar struggles to cope with the economic fallout of the...

June 24, 2020 No Responses

Access Bank Unveils Digital Cashflow Lending For SMEs

As part of effort to provide access to finance for SMEs to grow and expand their businesses, Access bank Plc has launched a digital lending portal, “Cashflow Loans by Access”. A statement issued by Access Bank explained that the portal...

June 23, 2020 No Responses

Total Receives New LNG Carrier

Greece-based shipping company, TMS Cardiff Gas has taken delivery of a new LNG tanker built by South Korea’s shipbuilder Samsung Heavy Industries. The newest addition to the shipping company’s fleet is the 174,000-cbm Qogir. Qogir was subsequen...

June 23, 2020 No Responses

NIMASA, NPA Seal Partnership On Wreck Removal

The managements of Nigerian Maritime Administration and Safety Agency (NIMASA) and Nigerian Ports Authority (NPA) on Tuesday resolved to work out modalities for effective removal of all wrecks and derelicts that may hinder navigations in Nigerian waters. &nb...

June 23, 2020 No Responses

FG Tasks Public Servants On Accountability, Transparency

The Federal Government has challenged civil servants to be accountable and transparent in their services to the nation. Head of the Civil Service of the Federation (HOCSF), Dr. Folasade Yemi-Esan, who made the call in a video conference to mark the&...

June 23, 2020 No Responses

Unity Bank, Dangote Sugar Top Losers’ Table As Market Capitalisation Drops Further By N2b

The Nigerian Stock Exchange (NSE) on Tuesday extended negative mood with market capitalisation dropping by N2billion. Specifically, the market capitalisation which opened at N12.913 trillion shed two billion naira or 0.02 per cent to close at N12.911 trilli...

June 23, 2020 No Responses

NDDC: N2tri Debt Mainly From Emergency Projects

The Niger Delta Development Commission (NDDC) on Monday attributed the N2 trillion debts owed vendors and contractors to projects executed in the region. The NDDC Director of Corporate Communications, Charles Odili, told Journalists that the commission i...

June 23, 2020 No Responses

Nigeria Reports 675 New Coronavirus Cases

Nigeria has announced 675 new cases of Coronavirus, bringing the total number of infections in the country to 20,919. The Nigeria Centre for Disease Control (NCDC) announced this on Monday, through its official Twitter handle. NCDC said that the 675...

June 23, 2020 No Responses

Ondo Governorship: PDP Extends Sale Of Nomination Form

The Peoples Democratic Party (PDP) has extended the sale of its nomination forms for the Ondo state governorship election. The party disclosed this in a statement issued by its National Publicity Secretary, Mr Kola Ologbondiyan, on Monday in Abuja. Ologbondiya...

June 23, 2020 No Responses

CBN, Maize Farmers Inaugurate 2020 Inputs Distribution In Anambra

The Maize Growers, Processors and Marketers’ Association of Nigeria (MAGPAMAN), Anambra chapter, has commenced distribution of inputs for the 2020 wet season framing. The farm inputs distribution was launched under the Central Bank of Nigeria (CBN) Anchor Bo...

June 23, 2020 No Responses

FG Begins Distribution Of Fertilisers To 70,200 Farmers In Jigawa

The Federal Government has commenced distribution of fertilisers to 70,200 farmers affected by flood in Jigawa. The News Agency of Nigeria (NAN) reports that the farmers were among those affected by flood in 19 Local Government Areas of the state in ...

June 23, 2020 No Responses

Reinvigorating NIMASA For Economic Growth

By Citybusinessnews@yahoo.com — The Nigerian Maritime Administration and Safety Agency (NIMASA) has reinvigorated its operations and activities. Under the leadership of Dr Bashir Jamoh as Director General, NIMASA has hinged it renewed growth t...

June 22, 2020 No Responses

Nigeria Confirms 20,244 Coronavirus Cases, 518 Deaths

Nigeria on Sunday recorded 436 new cases of Coronavirus, bringing the total number of infections in the country to 20,244. Meanwhile, Nigeria has recorded 518 deaths from 35 states and the Federal Capital Territory. The Nigeria Centre for...

June 22, 2020 No Responses

Buhari Meets Senate President On Insecurity, APC Crisis

President Muhammadu Buhari on Sunday in Abuja met with Senate President Ahmad Lawan. They deliberated on the nation’s security situation as well as the crisis in the ruling party, All Progressives Congress (APC). Speaking to State House correspondents after ...