City BusinessNews Archives — Page 276 of 400

May 8, 2020 No Responses

Nigeria Records 381 New Coronavirus Cases

Nigeria has recorded 381 new cases of the coronavirus, bringing the total number of infections in the country to 3,526. The Nigeria Centre for Disease Control(NCDC), confirmed this in a tweet on Thursday. The centre said this is the highest...

May 8, 2020 No Responses

Hyundai Unveils Special Assurance Package For Customers

Hyundai Motor has announced ‘Hyundai EMI Assurance‘ package for customers in the India market. The company explained that the package cover customers under uncertainties such as employment loss in view of poor financial health, acquisit...

May 8, 2020 No Responses

Suzuki Opens New Office, Exports 632 Units

Maruti Suzuki has opened its corporate office at Nelson Mandela Marg in New Delhi, India joining a handful of large businesses that are trying to crank up operations after the government eased some lockdown. The automaker has also discl...

May 8, 2020 No Responses

KIA Boosts SANZAF’s Food Relief With Six Vehicles

KIA Motors South Africa, a subsidiary of Motus Corporation, has boosted the efforts of the South African National Zakah Fund (SANZAF) with the donation of three KIA K2700 light commercial vehicles and three KIA Picanto STARTs . The donation is to...

May 7, 2020 No Responses

Covid-19: Protecting Workers In The Workplace

COVID-19 lockdown and containment measures threaten to increase relative poverty levels among the world’s informal economy workers by as much as 56 percentage points in low-income countries, says a new briefing paper issued by the International Labour...

May 7, 2020 No Responses

Lockdown: FRSC Deploys 13 Patrol Vehicles In Kwara

The Federal Road Safety Corps (FRSC) has deployed 13 patrol vehicles for enforcement of COVID-19 lockdown regulations in Kwara State. The FRSC Sector Commander, Mr Jonathan Owoade, disclosed this to the News Agency of Nigeria (NAN) in Ilorin on Thursday....

May 7, 2020 No Responses

Market Capitalisation Gains N110b

Activities on the Nigerian Stock Exchange (NSE) remained upbeat on Thursday with the market capitalisation improving further by N110 billion following gains in Nestle and Dangote Cement. Consequently, the market capitalisation which opened at N12.582 trillion ...

May 7, 2020 No Responses

Ecobank Nigeria Opens More Branches, Urges Customers To Obey COVID-19 Rules

Ecobank Nigeria has encouraged its customers to obey COVID-19 rules, emphasizing the importance of social distancing to check the spread of the Coronavirus, especially when visiting the branches. The bank which gave this advice in a mail to customers als...

May 7, 2020 No Responses

Uber Sacks 3,700 Full-Time Staff

Uber has announced plans to cut 3,700 full-time staff – about 14% of its workforce – as business plunges following pandemic shutdowns. Chief executive Dara Khosrowshahi will also waive his base salary – set at $1m (£809,690) in 2019 –....

May 7, 2020 No Responses

Nigeria Reports 3,145 Coronavirus Cases

The Nigeria Centre for Disease Control (NCDC) on Wednesday recorded 195 new cases of Coronavirus in the country, bringing the total number of infections to 3145. The NCDC also said that five new patients have been confirmed dead to the...

May 7, 2020 No Responses

NNPC Reduces Ex-Depot Price Of Petrol

The Nigerian National Petroleum Corporation (NNPC) has announced a reduction in the ex-depot price of Premium Motor Spirit (PMS) from N113.28k per litre to N108.00K per litre across all its products loading facilities. This was contained in a statement issued....

May 7, 2020 No Responses

UBA Rewards 100 Customers With N100,000

United Bank for Africa (UBA) Plc has rewarded 100 loyal customers with N100,000 each in the UBA Bumper account draw. The draw, which took place at the UBA Head office on Tuesday, was held via the Facebook platform in strict compliance...

May 7, 2020 No Responses

Seaport Secures $500m Loan

The Port of Long Beach has secured a $500 million loan from the U.S. Government to help finance a massive infrastructural project aimed at allowing larger ships to enter the port. “This $500 million federal investment reflects the President’s continued...

May 7, 2020 No Responses

Jaguar Deploys 362 Cars For Emergency Service Workers

Jaguar Land Rover has deployed more than 362 vehicles globally for the emergency service workers as part of measures to curtail coronavirus crisis.The British automaker claims that it has provided the vehicles to agencies like NH...