City BusinessNews Archives — Page 221 of 370

June 18, 2020 No Responses

Lagos, Edo Top List As Nigeria Reports 587 New Coronavirus Cases, 14 Deaths

The Nigeria Centre For Disease Control (NCDC), has recorded 587 new cases of coronavirus (COVID-19), bringing the total number of infections in the country to 17, 735. NCDC on Wednesday through its official Twitter handle explained that as at June...

June 18, 2020 No Responses

Customs Intercepts 36 Smuggled Cars, 695 Bags Of Rice

The Seme Area Command of the Nigeria Customs Service (NCS) on Wednesday disclosed that within the last two months it intercepted 36 ‘Tokunbo’ vehicles, including five exotic cars and 695 bags of 50kg rice. Acting Customs Area Controller, Mr Chedi...

June 18, 2020 No Responses

Ecobank Supports Financial Inclusion Via Xpress Points

Ecobank Nigeria says its agency banking scheme, also known as Xpress Points, is building entrepreneurs and pushing financial inclusion to the large unbanked and under-banked population in Nigeria. In a statement, the lender explained that its Xpress Poin...

June 18, 2020 No Responses

African Association Of Cross Border Trade Seeks Collaboration With NSC

The African Association of Cross Border Trade has called for collaboration with the Nigerian Shippers’ Council in the area of trade facilitation amongst ECOWAS countries, expansion of and compilation of trade statistics on Cross Border Trade. ...

June 18, 2020 No Responses

New Honda City Debuts

Ahead of the official launch in July, 2020, Honda on Wednesday revealed the details of its upcoming fifth-generation City sedan. The midsize sedan competes with rivals like Maruti Suzuki CIaz, Hyundai Verna, Volkswagen Vento, Skoda Rapid...

June 18, 2020 No Responses

Nigerian Crowds Welcome Return Of English Football

The Manchester City-Arsenal game may have been played in an empty stadium in north-west England on Wednesday night because of the coronavirus pandemic but 6,500km (4,000 miles) away in Nigeria’s commercial capital, Lagos, there was little sign of any soc...

June 17, 2020 No Responses

Nestle, Cadbury, Flour Mills Top Gainers’ Table As Market Capitalisation Recovers N22billion

The Nigerian Stock Exchange (NSE) rebounded on Wednesday by 0.17 per cent amid renewed bargain hunting after two consecutive days of downward trend. Specifically, the All-Share Index increased by 42.01 points to close at 24,972.89 compared with 24,930.88 achie...

June 17, 2020 No Responses

‘Thunderous Lightning’ kills Three FRSC Officials In Ogun

Three officials of the Federal Road Safety Corps (FRSC) died mysteriously after a flash of thunder lightning occurred in their office at the early hours of Wednesday in Ilese area of Ijebu-Ode in Ogun State. The News Agency of Nigeria...

June 17, 2020 No Responses

NNPC’s Reserve To Hit 40b Barrels By 2023, Says Kyari

The Nigerian National Petroleum Corporation (NNPC) on Wednesday said its target is to grow the nation’s reserve to 40 billion barrels by the year 2023. Malam Mele Kyari, Group Managing Director, NNPC, disclosed this during the unveiling of 2D seismic...

June 17, 2020 No Responses

Shippers’ Council May Sanction Hanover Bonded Terminal Over Inadquate Services

Nigerian Shippers’ Council (NSC), on Wednesday threatened to seal Hanover Bonded Termina over alleged poor services. NSC Deputy Director, Regulatory Services, Mrs Celine Ifeora, stated this while on tour of the bonded terminal to ascertain the type of operat...

June 17, 2020 No Responses

Jaguar Land Rover Records Surprise Sales Surge

Jaguar Land Rover said it’s seeing the beginnings of a demand rebound in China as the world’s second-largest economy opens up after months of inactivity following the coronavirus outbreak.While JLR lost 501 million pounds ($630 million) before tax in ...

June 17, 2020 No Responses

Nigeria To Unveil Single Window Project, Deploy Scanners At Seaports

As part of measures to curtail importation of fake and substandard products into the country in line with established protocols, plans are underway to operationalise the National Single Window project as well as deploy scanners at the nation’s seaports befor...

June 17, 2020 No Responses

Covid-19 Threatens 55 Million Domestic Jobs

Nearly three-quarters of domestic workers around the world – more than 55 million people – are at significant risk of losing their jobs and income due to lockdown and lack of effective social security coverage, a new estimates by the...

June 17, 2020 No Responses

Delta Seeks N8b Loan To Boost Agriculture

The Delta State Government has granted its approval for the state to access eight billion naira loan from the Central Bank of Nigeria (CBN), to develop agriculture in the state. The state’s Commissioner for Information, Mr Charles Aniagwu, who made...