Italy To Lift Travel Restrictions June 3

Italy To Lift Travel Restrictions June 3

Italy’s government has signed a decree that will allow travel to and from the country from 3 June, as it moves to ease its coronavirus lockdown measures. It will also allow travel between the regions – which has so far...
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Nigeria Records 288 New Coronavirus Cases

Nigeria Records 288 New Coronavirus Cases

The Nigeria Centre for Disease Control (NCDC) on Friday recorded 288 new cases of COVID-19 in the country, bringing the total number of infections in Nigeria to 5445. The NCDC also said that three new patients have been confirmed dead...
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NSE Lists FBNQuest Merchant Bank’s N5b Bond

NSE Lists FBNQuest Merchant Bank’s N5b Bond

The Nigerian Stock Exchange (NSE) on Friday listed FBNQuest Merchant Bank N5 billion three-year 10.50 per cent bond on the bourse. The listing was commemorated with a digital closing gong done due to the COVID-19 pandemic in the country. Commenting...
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Nissan To Raise $4.7b Bond

Nissan To Raise $4.7b Bond

Nissan Motor has registered with the Japanese government to issue up to 500 billion yen ($4.7 billion) in bonds within two years The major Japanese automaker, which registered its first corporate bond issue in four years with the Kanto Local...
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Court Okays NSE Demutualisation Agenda

Court Okays NSE Demutualisation Agenda

The Federal High Court, Lagos has  granted an order sanctioning the Scheme of Arrangement for the demutualisation of Nigerian Stock Exchange (NSE). Commenting on this development, the Chief Executive Officer of NSE, Oscar N. Onyema, said: “The NSE demut...
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Open Letter To Governor Nyesom Wike

Open Letter To Governor Nyesom Wike

By Charles Isichie,  Port Harcourt.  Your Excellency,  I write as a citizen and businessman who is concerned about how some of the decisions you have taken in the management of the COVID-19 Pandemic affects the maritime sector within which I...
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April: FG, States, LGs Share N606.196b

April: FG, States, LGs Share N606.196b

The Federation Accounts Allocation Committee (FAAC) has shared N606.196 billion to the three tiers of government for the month of April. Mr Hassan Dodo, Director of Information in the Ministry of Finance, Budget and National Planning, made this known in...
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EU Diplomat Seeks Independent Investigation Of Coronavirus Origin

EU Diplomat Seeks Independent Investigation Of Coronavirus Origin

European Union (EU) foreign policy chief Josep Borrell has called for an independent scientific investigation into the origins of the novel coronavirus. In a guest column in the Frankfurter Allgemeine Zeitung newspaper on Friday, Borrell called on China, where...
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Coronavirus Cases In Nigeria Climb To  5,162

Coronavirus Cases In Nigeria Climb To 5,162

The Nigeria Centre for Disease Control (NCDC) on Thursday recorded 193 new cases of the coronavirus, bringing the total number of infections in the country to 5,162. The NCDC also confirmed three new deaths, bringing the total death toll in...
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PwC Nigeria Rolls Out COVID-19 Intervention Packages

PwC Nigeria Rolls Out COVID-19 Intervention Packages

PwC Nigeria has deployed  one hundred million-naira (N100m) intervention to support individuals, businesses and government in responding to the impact of the COVID-19 pandemic in Nigeria. A statement sent to City BusinessNews (www.citybusinessnews.co...
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Nigeria Receives 24 Ships With Petroleum Products, Food Items

Nigeria Receives 24 Ships With Petroleum Products, Food Items

Twenty-Four ships laden with petroleum products, food items and other goods are scheduled to arrive the TinCan Island Port in Nigeria from May 14 to May 30, 2020.  The Nigerian Ports Authority (NPA) in its publication, `Shipping Position’, explained th...
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FRSC Impounds 40 Overloaded Vehicles

FRSC Impounds 40 Overloaded Vehicles

The Federal Road Safety Corps (FRSC) Lagos Sector Command on Thursday said that it arrested 40 overloaded vehicles in the first week of COVID-19 Lockdown relaxation in the state. The Lagos State Sector Commander of FRSC, Mr Hyginus Omeje disclosed...
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Weststar Reopens Facilities, Fumigates Premises

Weststar Reopens Facilities, Fumigates Premises

  By citybusinessnews@yahoo.com  Weststar Associates Limited, authorized general distributor of Mercedes-Benz in Nigeria has reopened its facilities in Lagos and Abuja for business operations.  However, due to Coronavirus pandemic and in line with gove...
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NSE Market Capitalisation Sustains Growth With N87b

NSE Market Capitalisation Sustains Growth With N87b

Sentiments in the nation’s bourse remained positive on Thursday following price appreciation in Dangote Cement and 17 other stocks. Consequently, the All-Share Index rose by 183.48 points or 0.77 per cent to close at 23,892.92 compared to 23,709.44 achieved ...
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