City BusinessNews Archives — Page 245 of 369

May 10, 2020 No Responses

Nigeria Reports 239 New Coronavirus Cases

The Nigeria Centre for Disease Control (NCDC) on Saturday recorded 239 new cases of COVID-19 in the country, bringing the total number of infections in Nigeria to 4151. The NCDC also said that 11 new patients have been confirmed dead...

May 9, 2020 No Responses

Nigeria Records 386 New Coronavirus Cases

The Nigeria Centre for Disease Control (NCDC) on Friday recorded 386 new cases of COVID-19 in the country, bringing the total number of infections in Nigeria to 3912. The NCDC also said that 10 new patients have been confirmed dead to...

May 9, 2020 No Responses

Uber Loses $2.9b In Q1

For the first quarter of 2020, Uber lost $2.9 billion as its overseas investments were impacted by the coronavirus pandemic. Meanwhile, the company is looking to its growing food delivery business and aggressive cost-cutting to ease the pain.T...

May 8, 2020 No Responses

Group Tasks NIMASA, NESREA, Others On Cause Of Dead Fishes Along Coastline

Stakeholders in the Niger Delta have called on regulatory agencies to expedite investigations into the dead fishes littering the Atlantic Ocean coastline. The stakeholders made the call in a report titled “Massive Death of Fishes across the Atlantic Coastlin...

May 8, 2020 No Responses

Lagos Predicts 120,000 Confirmed Coronavirus Cases By July

The Commissioner for Health in Lagos State, Prof. Akin Abayomi, says the state may record between 90,000 and 120,000 confirmed cases of COVID-19 (Coronavirus) by July. Abayomi, who made this known during a media briefing on COVID-19 update on Friday...

May 8, 2020 No Responses

Lufthansa To Double Schedule In June

Germany’s Lufthansa on Friday said it would roughly double its schedule in June, putting 160 planes into the air to carry passengers to 106 domestic and foreign destinations, the airline announced from its Frankfurt Headquarters.Lufthansa, along with its sub...

May 8, 2020 No Responses

COVID-19: SIFAX Group Boss Lists Recovery Strategies For Businesses

In order for businesses to survive the current economic crunch as a result of the COVID-19 pandemic, a comprehensive review of business processes and operations as well as willingness to adapt to new realities will be key. According to Mr....

May 8, 2020 No Responses

NSE Ranks Second In Bloomberg’s Best Performing Indexes

Despite the global Coronavirus (COVID-19) pandemic,the Nigerian Stock Exchange (NSE) has continued to enjoy significantly rallies in recent weeks. As the Exchange sustains remote trading, free flow of information and vibrant market activity, the index ha...

May 8, 2020 No Responses

CBN Disburses Loan To Maize Farmers

The Central Bank of Nigeria (CBN) has commenced the disbursement of loans to maize farmers in Anambra under its Anchor Borrower Programme meant for the 2019 farming season. Speaking at the event on Thursday, Mrs Bridget Okpalaeke, the Development Finance...

May 8, 2020 No Responses

NLNG Donates 10-Bed Isolation Centre, Medical Kits To Rivers Community

The Nigeria Liquefied Natural Gas (NLNG) has donated a 10-bed holding centre to Bonny Zonal Hospital in Bonny Local Government Area of Rivers. The company also donated Personal Protective Equipment (PPE) worth millions of naira to its host community and...