Tag: City BusinessNews

British Airways Retires Entire 747 Fleet
July 17, 2020 No Responses

British Airways Retires Entire 747 Fleet

British Airways has said it will retire all of its Boeing 747s as it suffers from the sharp travel downturn. The UK airline is the world’s largest operator of the jumbo jets, which it first flew in 1989. “It is...
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Ikeja Hotel, Presco, Others Top Gainers’ Table As Market Capitalisation Recover N105b
July 17, 2020 No Responses

Ikeja Hotel, Presco, Others Top Gainers’ Table As Market Capitalisation Recover N105b

The Nigerian Stock Exchange (NSE) on Thursday maintained positive sentiments  with the market capitalisation advancing by N105 billion, the biggest gain since June 26. Specifically, the market capitalisation appreciated by N105 billion or 0.83 per ce...
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Nigeria Confirms 595 New Cases Of Coronavirus
July 17, 2020 No Responses

Nigeria Confirms 595 New Cases Of Coronavirus

The Nigeria Centre for Disease Control (NCDC) has reported  595 new COVID-19 cases in the country as total infections from the virus increase to 34,854. NCDC through its official twitter handle on Thursday explained that . the 595 new cases were&nbsp...
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ANAMMCO Donates Hands Free Washing Device To Enugu Govt
July 17, 2020 No Responses

ANAMMCO Donates Hands Free Washing Device To Enugu Govt

The  Anambra Motor Manufacturing Company (ANAMMCO) has donated 11 hands free washing devices and 20 cartons of antibacterial hand washing soap to Enugu State Government in the fight against COVID-19. Donating the item to the Enugu State Government on Thur...
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European New Car Sales Down 24.1%
July 17, 2020 No Responses

European New Car Sales Down 24.1%

European passenger car sales slumped in June compared to a year ago but showed an improvement since May with the easing of coronavirus lockdown measures across the region, industry data showed on Thursday.In June, new car registrations dropped by 24.1% year-...
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Nigeria To Boost External Reserve With Gold Sales
July 16, 2020 No Responses

Nigeria To Boost External Reserve With Gold Sales

The Minister of Mines and Steel Development, Olamilekan Adegbite, on Thursday said Nigeria has commenced gold purchase programme through the Central Bank of Nigeria (CBN). The minister stated this while addressing State House correspondents after the official ...
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NDDC Boss:N40b Not Missing, Not Misappropriated
July 16, 2020 No Responses

NDDC Boss:N40b Not Missing, Not Misappropriated

The Acting Managing Director of the Niger Delta Development Commission (NDDC), Prof. Kemebradikumo Pondei,  on Thursday insisted that N40 billion was not missing from the commission’s account neither has it been misappropriated. Pondei, while addressing jo...
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Jaiz Bank Sets Aside N884m For Maiden Dividend
July 16, 2020 No Responses

Jaiz Bank Sets Aside N884m For Maiden Dividend

Shareholders of Jaiz Bank Plc are  to receive a total of N884million dividend payment subjected to appropriate withholding tax. The Chairman of the Bank Alhaji Umaru Mutallab disclosed this at the 8th Annual General Meeting (AGM) of the bank held...
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Court Affirms FRSC’s Powers To Impound Vehicles, Enforce Traffic law
July 16, 2020 No Responses

Court Affirms FRSC’s Powers To Impound Vehicles, Enforce Traffic law

Justice Anwuli Chikere of the Federal High Court, Abuja, has affirmed the powers of the Federal Road Safety Corps (FRSC) to enforce traffic laws on all public roads in Nigeria and impound violators’ vehicles. Justice Chikere delivered the judgment ...
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MSC Ship Loses 20 Containers Off South Africa
July 16, 2020 No Responses

MSC Ship Loses 20 Containers Off South Africa

Earlier this week, a containership operated by Swiss shipping major Mediterranean Shipping Company (MSC) lost more than 20 containers overboard during stormy weather in Algoa Bay near the city of Port Elizabeth, Eastern Cape, the South African Maritime Safety ...
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Court Refuses To Dissolve 10-Year-Old Marriage
July 16, 2020 No Responses

Court Refuses To Dissolve 10-Year-Old Marriage

The Karu Upper Area Court sitting in Mararaba, Nasarawa, on Thursday refused to dissolve a 10-year-old marriage brought by one Mrs Deborah Joseph for lack of care.The petitioner had urged the court to nullify the marriage between her and her...
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Maize Farmers Target 25mmt, Lauds Ban On Importation
July 16, 2020 No Responses

Maize Farmers Target 25mmt, Lauds Ban On Importation

The Maize Association of Nigeria (MAAN) has commended the Federal Government over the recent ban on maize importation into the country, while urging farmers to increase production capacity. The President of the association, Dr Abubakar Bello said this on Wedne...
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Nigeria Reports 643 New Coronavirus Cases
July 16, 2020 No Responses

Nigeria Reports 643 New Coronavirus Cases

The Nigeria Centre for Disease Control (NCDC) has announced 643 new COVID-19 cases in the country as total infections from the virus rise to 34,259. NCDC through its twitter handle on Wednesday explained that the 643 new cases recorded were...
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Ekiti Gives Aug. 3 As New Date For Resumption Of Graduating Classes
July 16, 2020 No Responses

Ekiti Gives Aug. 3 As New Date For Resumption Of Graduating Classes

The Ekiti State Government on Wednesday announced the change in resumption of students in graduating classes at both public and private schools from July 20 to Aug. 3. The Commissioner for Education, Mr Foluso Daramola, gave this new date during...
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