City BusinessNews Archives — Page 288 of 400

April 20, 2020 No Responses

Lockdown: Martins Tasks Christians On Charity, Mercy

The Catholic Archbishop of Lagos, Most Rev. Adewale Martins, on Sunday urged Christians to show more love and mercy to their neighbours this period of COVID-19 affliction on Nigeria. Martins explained in a sermon in Lagos that such acts would...

April 20, 2020 No Responses

Maritime Security: NAVY, NIMASA To Improve Information Sharing

The Nigerian Maritime Administration and Safety Agency (NIMASA) and the Nigeria Navy are set for a regime of improved information sharing as arrangements to integrate the Command, Control, Computer Communication and Information Centre, otherwise known as the C...

April 20, 2020 No Responses

Jaguar Land Rover Reports Drop In Sales

Jaguar Land Rover (JLR) has reported a 12.1 per cent decline in retail sales at 5,08,659 units for the financial year 2019-20. The company in a statement explained that total retail sales in the fourth quarter of the previous financial...

April 19, 2020 No Responses

Food Scarcity Looms In Nigeria

An agriculture expert, Alhaji Ahmed Inusa-Adamu, has warned against impending food scarcity in Nigeria as a result of low production of farm produce. Inusa-Adamu has also advised the the Federal Government to take proactive measures and ensure tha...

April 19, 2020 No Responses

Ondo To Empower 15,000 Cassava Farmers

A firm, Klick Konnect Network International Limited, has partnered Ondo State government to empower 15,000 cassava famers and 300 women across the state. The News Agency of Nigeria (NAN) reports that the firm, which began operation in 2006 as a...

April 19, 2020 No Responses

Seaport Welcomes Largest Boxship

The 19,200 TEU MSC Anna, owned by Mediterranean Shipping Company, has docked at the port’s Oakland International Container Terminal on the Oakland Estuary, claiming the title of the largest ship ever to call in Oakland. The massive ship can carry...

April 19, 2020 No Responses

Amaechi Mourns Kyari, Tasks Nigerians on COVID-19 Safety Rules

Minister of Transportation Rotimi Amaechi has condoled with President Muhammadu Buhari and the family of Malam Abba Kyari, the late Chief of Staff to the president. Amaechi said this in a statement on Saturday in Abuja. He described Kyari as...

April 18, 2020 No Responses

US Unveils $19b Relief Package For Farmers

U.S. President, Donald Trump on Friday announced $19billion aid package for U.S. farmers, in a bid to shore up the food supply chain. “The programme will include direct payments to farmers as well as mass purchases of dairy, meat and...

April 18, 2020 No Responses

Abba Kyari Is Dead

The Presidency has announced the passage of the Chief of Staff to the President, Mallam Abba Kyari. Mr Femi Adesina, Special Adviser to the President on Media and Publicity, announced the development in a statement. He said: ”The deceased had...

April 18, 2020 No Responses

Ford Declares $2b Loss, Drop In Q1 Sales

Ford Motor Co on Friday estimated first-quarter loss of $2 billion and said it would tap debt markets to shore up its cash reserves as the coronavirus outbreak halted production and pummeled vehicles sales. According to Agency Reports, the number...

April 17, 2020 No Responses

Edo Rallies Danjuma, Okunbor, Bello-Osagie, Ikazoboh, Others For COVID-19 Fundraising

The Edo State Government has constituted diaspora and domestic-based fundraising committees made up of illustrious indigenes, corporate organisations as well as religious and traditional rulers, to support the state’s response in checking the spread of c...

April 17, 2020 No Responses

Shippers’ Council Suspends Demurrage Charges

The Nigerian Shippers’ Council (NSC) on Friday directed shipping companies to suspend demurrage charges during the period of COVID-19 lockdown. In a statement issued on Friday, the management of NSE explained that the suspension applies to cargo that is disc...

April 17, 2020 No Responses

FBN Holdings Emerges Most Active Stock With 47.69m Shares

Again, FBN Holdings on Friday emerged the most active stock on the floor of Nigerian Stock Exchange (NSE), exchanging 47.69 million shares worth N219.71 million. FBN Holdings had on Wednesday topped activity chart with 74.758 shares valued at N354.24mill...

April 17, 2020 No Responses

NSE Hosts First-Ever Digital Closing Gong Ceremony, Lauds Health Workers

The Nigerian Stock Exchange (NSE) has expressed its commitment to enhance Corporate and Investors access to the market as part of measures to meet their financial and investment needs during this period and beyond. The Chief Executive Officer of NSE,...