City BusinessNews Archives — Page 260 of 369

April 15, 2020 No Responses

US Airlines To Receive $25b Bailout Package

The US has agreed a roughly $25bn (£19.8bn) rescue package for 10 of the country’s biggest airlines as travel plunges due to the coronavirus. American Airlines, United, Delta and Southwest are among the recipients. The money is to be used...

April 15, 2020 No Responses

COVID-19: Terminal Operators Donates N300m

Two Port Terminal Operators, APM Terminals Apapa and West Africa Container Terminal (WACT) Onne, have jointly committed more than N300 million to helping to contain the spread of the coronavirus disease in Nigeria. Mr Martin Jacob, the Managing Director ...

April 14, 2020 No Responses

Report: Worldwide 5G Connections To Hit 2.7b By 2025

Data compiled by Finbold.com has revealed that in the next five years global 5G connections will be 2.7 billion.According to the data, this will be a growth of at least 20 times from this year’s 120 million connections.The report projected...

April 14, 2020 No Responses

FRSC Boss To Commanding Officers: Step Up Enforcement, Impound Unauthorised Vehicles

Following President Muhammadu Buhari’s extension of the current lockdown in Lagos, Ogun States, as well as the Federal Capital Territory Abuja for another 14days effective from 11:59 Monday 13 April, 2020; the Corps Marshal, Federal Road Safety Corps,(FR...

April 14, 2020 No Responses

SIFAX Group Donates Hand Gloves, Sanitizers, Others To NPA

As part of resolve to further strengthen the fight against the spread of Coronavirus at the Tin Can Island Port, SIFAX Group has donated protective equipment to the Nigerian Ports Authority (NPA).A statement issued on Tuesday explained that the donation...

April 14, 2020 No Responses

COVID-19: Seaports Seek Financial Support To Overcome Economic Woes

European ports have managed to remain open and maintain their activities during the coronavirus crisis ensuring the delivery of essential goods. However, they have not been spared from a huge economic impact amid the drop in cargo and passenger volumes...

April 14, 2020 No Responses

Lockdown: Lawyers Task Govt On Effective Security Against Hoodlums

Some lawyers in Lagos on Monday called on the authorities to expand security arrangements to protect the people against attacks by hoodlums taking advantage of the coronavirus-induced lockdown. The legal practitioners, including Chris Ayiyi, Okechuckwu Nna and...

April 14, 2020 No Responses

VW To Aid Dealers Supporting Coronavirus Relief Efforts

Volkswagen AG said on Monday it would give financial assistance to its U.S. dealers who wish to use their loaner fleet to pickup and deliver essential supplies in areas affected by the COVID-19 pandemic. The loaner cars, typically offered to...

April 13, 2020 No Responses

Lagos Partners Julius Berger To Disinfect Major Roads, Bus Stops

The Lagos State Government has partnered Julius Berger Plc in continuation of the disinfection and fumigation of public places in the state as part of measures to curtail the spread of COVID-19. The Commissioner for the Environment and Water Resources,...

April 13, 2020 No Responses

NCDC: Clinical Trials On COVID-19 Vaccine Show Promising Results

The Nigeria Centre for Disease Control (NCDC) has said that while there is no known vaccine for the Novel Coronavirus disease (COVID-19), some trials have shown promising results in laboratory studies. Dr Chikwe Ihekweazu, Director-General of NCDC, told the Ne...

April 13, 2020 No Responses

Edo Begins Distribution Of Relief Materials

The Edo State Government has commenced the distribution of relief materials to vulnerable persons, including orphans, the elderly, rehabilitated returnees from Libya and the homeless across the state’s three senatorial districts. The exercise is ai...

April 13, 2020 No Responses

COVID-19: Toyota, Nissan, Honda, Others To Raise Special Fund For Workers

The Chief Executive of Toyota Motor Corporation, Akia Toyoda at the weekend promised that Japanese auto industry would seek to protect jobs worldwide as it endures the coronavirus pandemic. Toyoda, who spoke as head of the Japan Automobile Manufacturers Associ...

April 13, 2020 No Responses

EASTER: A Time To Reflect, Re-Commit

Easter is a time to reflect, a time to re-commit, a time to celebrate, NOT a time to mourn. To fully understand this, it is important that we know or at least have an idea of the socio-political environment at...

April 12, 2020 No Responses

Lockdown: Police Arrest 36 Over Robbery Attempts

The Lagos State Police Command has arrested 36 suspects who allegedly used the lockdown period to perpetuate crime in the state. Their arrest is contained in a statement signed by the Police Public Relations Officer, DSP Bala Elkana and made...