City BusinessNews – Page 298 – City Business News

August 1, 2020 No Responses

Renault Records $8.58b Loss In Six Months

French carmaker Renault posted a record net loss of 7.292 billion euros ($8.58 billion) in the first half of the year, as the COVID-19 pandemic hampered its turnaround efforts while losses at alliance partner Nissan also weighed.Group operating losses, factoring out the effect of...

August 1, 2020 No Responses

Kaigama: Catholic Church Offer Of 425 Health Facilities To FG Still Valid

The Archbishop of Abuja Catholic Archdiocese, Most Rev. Ignatius Kaigama on Friday said the Church’s offer of 425 health facilities to the Federal Government to support efforts to fight the COVID-19 pandemic is still valid. Speaking during an interactive ses...

August 1, 2020 No Responses

Tambuwal Task Farmers On Economic Recovery

Governor of Sokoto State, Aminu Tambuwal has urged Nigerian farmers to continue to remain dedicated to their farmlands as part of measures to support the country’s economic recovery. Tambuwal in a Sallah massage on Friday described economic challenges ...

July 31, 2020 No Responses

Sanwo-Olu Felicitates With Muslims, Urges Moderate Celebrations

Lagos State Governor, Mr Babajide Sanwo-Olu, has rejoiced with Muslims across the country on the occasion of Eid-el-Kabir festival. Sanwo-Olu, in his Eid-el-Kabir message released on Thursday by his Chief Press Secretary, Mr Gboyega Akosile, urged the Muslim f...

July 31, 2020 No Responses

Nestlé Nigeria Declares N141b Revenue, N22b Profit In Six Months

For the half year ended June 30, 2020, Nestlé Nigeria Plc on Thursday announced revenue of N 141.0 billion, compared with N141.9 billion attained within same period in 2019. The company also recorded profit after tax of N 21.8 billion, ...

July 31, 2020 No Responses

NEPZA Partners Firm On Agric Special Economic Zone

The Nigeria Export Processing Zones Authority and Nigeria’s first Digital Agriculture Platform, Farmcrowdy, are discussing options for the establishment of an Agriculture Special Economic Zone for Nigeria. In a statement on Thursday, Managing Director ...

July 31, 2020 No Responses

Ekpeyong Emerges Akwa Ibom PDP State Chairman

The Peoples Democratic Party (PDP) in Akwa Ibom has elected a new State Executive Committee (SEC) of the party, headed by Mr Udo Ekpenyong. The election, which was held on Thursday at the Godswill Akpabio International Stadium, Uyo, was attended...

July 31, 2020 No Responses

APC Rejects Creation Of 39 New Political Wards In Akwa Ibom

The All Progressives Congress (APC) in Akwa Ibom has rejected the creation of 39 new political wards by the State Independent Electoral Commission, saying that it has no powers to do so. A statement by the party’s State Publicity Secretary,...

July 31, 2020 No Responses

Akeredolu Seeks Low Key Eid-el-Kabir Celebration

Governor of Ondo State, Oluwarotimi Akeredolu has urged Muslims in the state to ensure a low key Eid-el-Kabir celebration while observing all safety protocols against COVID-19. In a statement on Thursday, Chief Press Secretary. Mr Olusegun Ajiboye, explained t...