City BusinessNews Archives — Page 220 of 370

June 19, 2020 No Responses

Maersk Targets Over $1.5b Earnings In Q2

Danish shipping major A.P. Møller – Mærsk A/S has revealed that it expects an EBITDA before restructuring and integration costs for Q2 2020 slightly above the level for Q1 2020 ($ 1.5bn). The forecast is being upgraded based as demand...

June 19, 2020 No Responses

New BMW M5 Debuts

BMW has announced the global unveiling of the facelifted versions of the M5 and the M5 Competition.According to BMW, the 2021 BMW M5 and M5 Competition will hit the roads in a much sharper form.The new M5 and M5 Competetion high-performance sedans have b...

June 18, 2020 No Responses

Okowa Constitutes Panel Of Enquiry On Okpe-Urhobo Forest Reserve Dispute

Governor Ifeanyi Okowa of Delta on Thursday inaugurated a seven-member Judicial Panel of Enquiry to establish the ownership of Okpe-Urhobo forest reserve, particularly the purported de-reserved area. Okowa, who performed the ceremony at Government House, As...

June 18, 2020 No Responses

Senate: Reopening Of Airports On June 21 Unrealistic

The Senate on Thursday, via its Committee on Aviation, said re-opening of the nation’s airports for operation on June 21 was unrealistic, following concerns raised by workers in the aviation industry. Chairman of the Committee, Sen. Smart Adeyemi (APC Kog...

June 18, 2020 No Responses

Borno Recruits 30 Doctors, 100 Nurses, Midwives

The Borno Commissioner for Health and Human Services, Dr Salisu Kwaya-Bura, on Thursday said the state government has recruited over 30 doctors and 100 nurses and midwives within the past one year. Speaking on Thursday in Maiduguri, Kwaya-Bura explained that.....

June 18, 2020 No Responses

COVID-19: NLNG Donates $300,000 Medical Equipment To Lagos State

Nigeria LNG Limited (NLNG) on Thursday donated medical equipment to the Lagos State Government as part of its contribution to the $30 million Oil and Gas Industry Collaborative Initiative, spearheaded by Nigerian National Petroleum Corporation (NNPC) to fight ...

June 18, 2020 No Responses

Wet Season: CBN To Empower 1.1m Farmers With N432b Loans

The Central Bank of Nigeria (CBN) has concluded plan to fund the value chains of nine commodities to the tune of N432 billion in the 2020 wet season. Mr Yila Yusuf, the Director, Development Finance Department of the CBN, disclosed...

June 18, 2020 No Responses

NPA Boss Inaugurates Emergency Response Team

The Management of Nigerian Ports Authority (NPA) has inaugurated an eleven (11) Member Emergency Response Team at it’s Corporate Headquarters, Marina, Lagos. According to NPA, the team would be strategic and respond immediately in case of emergencies at the ...

June 18, 2020 No Responses

FRSC Boss Orders Probe, Mourns Three Officials Killed By“‘Lightning’

The Corps Marshal, Federal Road Safety Corps (FRSC), Dr Boboye Oyeyemi has expressed his deepest sympathy over the sudden demise of three personnel of the Corps as he condoles with the families of the deceased staff, the Ijebu-Ode Unit Command...

June 18, 2020 No Responses

Ekiti Farmers Seek Soft Loans, Tractors

Farmers in Ido-Ekiti in Ido-Osi Local Government area of Ekiti State on Thursday appealed to the state government to assist them with soft loans and tractors to boost their agricultural production. The Chairman of Ekiti State Farmers Association, Ido-Osi ch...

June 18, 2020 No Responses

Presco Extends Palliatives To 22 Host Communities In Edo, Delta States

As part of its Corporate Social Responsibility (CSR), foremost vegetable oils and fats producer in Nigeria, Presco Plc has delivered palliatives to its host communities across Edo and Delta States. A statement issued on Thursday by the Relations Manager ...

June 18, 2020 No Responses

Police Record 42 Rape Cases In Kano

The Police Command in Kano State, said it recorded 42 rape cases in the state between January and May. The Command’s Public Relations Officer (PPRO), DSP Abdullahi Haruna, made the disclosure in an interview with the News Agency of Nigeria...

June 18, 2020 No Responses

FG, States, LGs Share N547.309b

The Federation Accounts Allocation Committee (FAAC) on Wednesday shared N547.309 billion to the three tiers of government for the month of May. The Director of Information in the Ministry of Finance, Budget and National Planning, Mr Hassan Dodo, explained in.....

June 18, 2020 No Responses

Nigeria Targets N163.32b, Over 22,000 Jobs From 35,000 Highways

The Federal Government has presented a Highway Development and Management Initiative (HDMI) designed to harness investment opportunities on the 35,000 federal highways. The Minister of Works, Mr Babatunde Fashola, made the presentation at a Joint Interac...