City BusinessNews Archives — Page 226 of 370

June 9, 2020 No Responses

BUA Cement lifts NSE As Market Capitalisation Retains N45b

The Nigerian Stock Exchange (NSE) key market indices improved further by 0.34 per cent on Tuesday due to sustained interest in BUA Cement. Speficially, the All-Share Index which opened at 25,249.96, rose by 85.19 points or 0.34 per cent to...

June 9, 2020 No Responses

MTN Nigeria Explains Completion Of N100b Commercial Paper

MTN Nigeria Communications (MTNN) Plc on Tuesday announced the successful issuance of N100 billion Series I & II Commercial Paper (CP) notes. MTNN stated this in a notice to the Nigerian Stock Exchange (NSE) and the investing public signed by...

June 9, 2020 No Responses

Customs Confiscates N3.2b Items, Arrest Eight Suspects

The Nigerian Customs Service (NCS) Border Drill Operation Sector 4, Katsina said it seized various goods with Duty Paid Value (DPV) worth N3.2 billion from January 2020 to date. Aliyu Mohammed, the sector coordinator, Border Drill Operation Sector 4, Katsina,....

June 9, 2020 No Responses

Lagos APC Bans Justice Forum, Mandate Group, Others

The Governor’s Advisory Council (GAC) has announced the dissolution of all political groups within the All Progressives Party (APC) in the state. The 27-member GAC, the highest decision-making organ of the party in the state, announced the dissolution on Tu...

June 9, 2020 No Responses

Mother Of 13 Gives Birth To Quadruplets In Zaria

A 34-year-old housewife, Hauwa’u Sulaiman, of No. 70 Alfadarai in Zaria, also a mother of 13, gave birth to a set of quadruplets at the Gambo Sawaba General Hospital, Zaria, on Friday, June 5.Sulaiman told the News Agency of Nigeria...

June 9, 2020 No Responses

World Bank Begins APPEALS Project Implementation Review

The 5thWorld Bank Implementation Support Mission (ISM) of the Agro-Processing, Productivity Enhancement and Livelihood Support (APPEALS) Project commenced on Monday online across all Project Implementation Units (PIUs). Scheduled to end Thursday, June 11...

June 9, 2020 No Responses

Coronavirus Cases In Nigeria Now 12,801

The Nigeria Centre For Disease Control (NCDC) has recorded 315 new cases of COVID-19, bringing the total number of infections in the country to 12,801. The NCDC announced this on Monday through its official Twitter handle, noting that as at Ju...

June 9, 2020 No Responses

BP To Cut 10,000 Jobs As Coronavirus Hits Demand For Oil

BP has announced plans to cut 10,000 jobs following a global slump in demand for oil because of the coronavirus crisis. The oil giant had paused redundancies during the peak of the pandemic but told staff on Monday that around...

June 9, 2020 No Responses

CMA CGM Declares $48m Income In Q1

Despite challenges caused by the coronavirus pandemic, French container shipping major CMA CGM closed the first quarter of this year with a positive net result. The company saw a net income of $48 million in Q1 2020, an increase of...

June 8, 2020 No Responses

Shippers’ Council, Stakeholders Harp On Sustained Cargo Evacuation From Seaports By Rail

The Nigerian Shippers’ Council (NSC) is to supervise Standard Operating Procedure (SOP) of cargo evacuation between the Nigerian Railway Corporation (NRC) and the APM Terminal. Speaking on Monday at the resumed evacuation of cargoes by rail in Lagos, Mrs Ife...

June 8, 2020 No Responses

NLC Canvasses Global Standards For Food Safety

“It is important to develop and enforce global standards that will promote food safety from farm to the table, the President of Nigerian Labour Congress (NLC)”, Comrade Ayuba Wabba has said. In a message to mark 2020 World Food Day,...

June 8, 2020 No Responses

FG Supports 6, 457 South-West Maize Farmers With N1b Inputs

No fewer than 6,457 members of South-West Maize Association of Nigeria (MAAN) are to receive inputs worth N1 billion from the Anchor Borrower Programme (ABP) of the Federal Government. Already, some of the inputs were distributed to farmers in Ibadan,....

June 8, 2020 No Responses

Obasanjo Seeks Increased Food Production

Former President, Olusegun Obasanjo has advised African leaders to intensify efforts at improving agriculture in their respective countries in order to meet the challenges of post COVID-19 looming food crisis. Obasanjo gave the advice at the flag-off of his fi...

June 8, 2020 No Responses

Airtel Africa Celebrates 10 Years Milestone With 110m Customers

Airtel Africa, a telecommunications provider in 14 countries across sub-Saharan Africa, celebrates its 10-year anniversary in June, the company said in a statement on Monday.The company said in the statement that over the past decade it had supported social tr...