City BusinessNews Archives — Page 230 of 369

June 3, 2020 No Responses

Lagos Recruits 3,000 Teachers

The Lagos State Commissioner for Education, Mrs Folashade Adefisayo, announced on Tuesday that 3,000 primary and secondary school teachers had been recruited by the State Government in the past 12 months. Addressing a news conference to mark the ministry’s annual...

June 3, 2020 No Responses

Charlyboy Mourns Majek Fashek

Maverick Nigerian showbiz maestro and activist, Charles Oputa, a.k.a Charlyboy, has paid tribute to late Nigerian music legend Majek Fashek, popularly known as ‘The Rainmaker’, describing him as a “ Lyrical Wizard”. He extolled the late reggae icon in ...

June 3, 2020 No Responses

France Approves $5.6b Emergency Loan For Renault

The French government said Tuesday that it had signed off on a state-backed loan of five billion euros ($5.6 billion) for carmaker Renault, where the coronavirus crisis has compounded months of management turbulence and prompted the company to lay off nearl...

June 2, 2020 No Responses

NPA Renews Engagement With Customs On Deployment of Scanners At Seaports

By Moses Ebosele, ebosele@hotmail.com The Managing Director of Nigerian Ports Authority (NPA), Hadiza Bala Usman has renewed clamour for the deployment of scanners at the nation’s seaport as part of measures to fast track cargo evacuation. &nbs...

June 2, 2020 No Responses

FRSC Decorates Three Newly Promoted Senior Officers

The Federal Road Safety Corps on Tuesday in Ilorin decorated three of its senior officers. The News Agency of Nigeria (NAN) reports that the low key event held at the RS8 Zonal Command Headquarters, Ilorin. The Zonal Commanding Officer, Assistant...

June 2, 2020 No Responses

Health Workers’ Fund Supports Over 60 Frontline Workers

The N1 billion Health Workers Fund set up to support frontline health workers combating the COVID-19 pandemic has supported more than 60 frontline health workers since it launched in March. Dr. Olaokun Soyinka, Chairman, Governance Board of the Fund, dis...

June 2, 2020 No Responses

DSTV: Reps C’ttee Vows To Implement Pay-As-You-Go Package

The House of Representatives ad hoc Committee investigating non implementation of pay-as-you-go package by DSTV and other satellite providers in the country has assured Nigerians of justice. Chairman of the ad hoc committee, Unyime Idem, gave the assuran...

June 2, 2020 No Responses

UPDC Lists N16b Rights Issue On NSE

UACN Property Development Company (UPDC) Plc on Tuesday, listed N16 billion rights issue of 15.96 billion ordinary shares at N1 per share on the Nigerian Stock Exchange (NSE). With the listing, the company became yet another beneficiary of the Exchange’s&nbs...

June 2, 2020 No Responses

Nigerian Breweries, GTBank, Zenith, Top Activity Chart As NSE Sustain N48b Growth

Transactions in the shares of Nigerian Breweries topped the activity chart on the floor of Nigerian Stock Exchange (NSE) on Tuesday with 50.46 million shares valued at N2.22 billion. Guaranty Trust Bank followed with 40.45 million shares worth N1.01 bill...

June 2, 2020 No Responses

Nigeria Confirms 416 New Cases Of Coronavirus

The Nigeria Centre for Disease Control (NCDC) on Monday recorded 416 new cases of the Coronavirus (COVID-19) in the country, bringing the total number of infections in Nigeria to 10,578. In a report on its official twitter handle NCDC explained ...

June 2, 2020 No Responses

Uzodimma Receives Judicial Commission Report

Governor of Imo State, Hope Uzodimma has received report of the state’s Judicial Commission of Inquiry on lands and related matters. The governor’s Chief Press Secretary, Mr Oguwike Nwachuku, confirmed this in a statement made available to Journalists on M...

June 2, 2020 No Responses

Rivers Inaugurates Free Bus Scheme

The Rivers Government has inaugurated a COVID-19 Free Bus Scheme to cushion the effect of the pandemic on residents and visitors to the state. The scheme was inaugurated on Monday in Port Harcourt by the Commissioner for Transport, Mr Sunny...

June 2, 2020 No Responses

Firms Seal $19.2b LNG Shipbuilding Deal

Qatar Petroleum has inked three deals with South Korean shipbuilders reserving slots for its LNG tanker fleet expansion valued over $19 billion. Qatari giant said on Monday it has signed deals to reserve LNG ship construction capacity in South Korea...

June 2, 2020 No Responses

Hyundai Delivers 217,510 Units Worldwide In May

The South Korean carmaker, Hyundai Motor Company on Monday reported a 39.3 percent decline in global sales at 217,510 units in the month of May due to slowing economic activities around the world caused by the COVID-19 pandemic.The company had sold...