City BusinessNews Archives — Page 273 of 400

May 14, 2020 No Responses

Market Capitalisation Recovers N7billion

The Nigerian Stock Exchange (NSE) on Wednesday returned to positive path with key market indicators appreciating marginally by 0.06 per cent on renewed interest in highly capitalised equities. Specifically, the All Share Index (ASI) increased by 13.54 points, to close...

May 14, 2020 No Responses

NUJ Fumigates Secretariat Against Spread Of Coronavirus

The Nigeria Union of Journalists (NUJ), Oyo State Council, has fumigated its secretariat in Ibadan as part of efforts to protect members from the spread of Coronavirus (COVID-19) pandemic. Mr Ademola Babalola, the State NUJ Chairman, said that the fumigation.....

May 14, 2020 No Responses

Uzodinma Insists On e-Payment Of Workers Salaries

Imo State Governor, Hope Uzodinma has insisted that there is no going back on the planned electronic payment of salaries of workers in the state. The governor said this while briefing Journalists after the state executive council meeting in Owerri...

May 14, 2020 No Responses

WHO: Coronavirus May Never Go Away

The coronavirus “may never go away”, the World Health Organization (WHO) has warned. Speaking at a briefing on Wednesday, WHO emergencies director Dr Mike Ryan warned against trying to predict when the virus would disappear. He added that even if.....

May 14, 2020 No Responses

Honda TO Resume Auto Production In U.K.

Honda Motor Company said it plans to resume production in the U.K. early next month, the latest automaker to restart operations shuttered amid the global coronavirus pandemic. The Japanese carmaker, which makes the Civic compact sedan at a factory in...

May 13, 2020 No Responses

NLNG Seals EPC Contracts With Saipem, Chiyodu, Daewoo

By citybusinessnews@yahoo.com Nigeria LNG Limited (NLNG) has signed the Engineering, Procurement and Construction (EPC) Contracts for its Train 7 Project with SCD JV Consortium, comprising affiliates of Saipem, Chiyoda and Daewoo. A statement ...

May 13, 2020 No Responses

Nigeria Seeks $1.2b Loan For Agric Mechanisation

The Federal Executive Council (FEC) has approved a loan facility of €1.2 billion to finance the mechanisation of agriculture in Nigeria. The Minister of Agriculture and Rural Development, Mr Sabo Nanono, disclosed this on Wednesday while briefi...

May 13, 2020 No Responses

Shippers’ Council Partners NCDC On Sensitization

Nigerian Shippers’ Council (NSC) is collaborating with the Nigerian Centre for Disease Control, NCDC, to contain the spread of COVID-19, particularly in the Maritime community in Nigeria. Under the arrangement, the council will hand over hundreds of...

May 13, 2020 No Responses

CMA CGM Secures $1.1b Loan

French container shipping major, CMA CGM has secured a €1.05 billion ($1.1. billion) syndicated loan. According to the company, the loan will be arranged by a consortium of banks BNP Paribas, HSBC France and Société Générale and it would be 70%...

May 13, 2020 No Responses

Sanwo-Olu Lauds Gambari’s Appointment As Buhari’s CoS

Lagos State Governor, Babajide Sanwo-Olu has hailed the appointment of Prof. Ibrahim Gambari as the Chief of Staff to President Muhammadu Buhari. Sanwo-Olu, in a statement signed by his Chief Press Secretary, Mr Gboyega Akosile, on Wednesday, congratulated Gam...

May 13, 2020 No Responses

Nigeria Reports 146 New Coronavirus Cases

Nigeria has recorded 146 new cases of the novel Coronavirus (COVID-19), bringing the total infections to 4,787 The Nigeria Centre for Disease Control (NCDC) in a tweet on Tuesday confirmed the new cases. Of the 146 cases, the centre said 57...

May 13, 2020 No Responses

Maritime Law Association Inaugurates Committee To Review Admiralty law

The Nigerian Maritime Law Association has inaugurated a 16-member committee to ensure review of procedural rules and substantive laws as part of measures to boost industry confidence in dispute resolution. A statement issued by the President of the Assoc...

May 13, 2020 No Responses

FIFA Postpones U-17, U-20 Women’s World Cup

The world football governing body, FIFA, has announced the postponement of the FIFA U-17 and U-20 Women’s World Cup and the Futsal World Cup due to the Coronavirus (COVID-19) pandemic. A statement on FIFA website on Tuesday said the decision...