City BusinessNews – Page 303 – City Business News

July 18, 2020 No Responses

Nissan Announces Senior Management Changes

Nissan Motor Corporation announced on Friday senior management appointments in the company, which will be effective from August 1, 2020.According to Nissan, Toshihiro Hirai, currently the Corporate Vice President, Powertrain & EV Engineering Division, is appointed as the Senior Vice President.Hirai will...

July 18, 2020 No Responses

ITF: 600,000 Seafarers Impacted By Crew Change Crisis

The International Transport Workers’ Federation (ITF) estimates that there are now approximately 300,000 seafarers trapped working aboard ships due to the crew change crisis caused Covid-19 border and travel restrictions, and an equal number of unemployed se...

July 18, 2020 No Responses

16-Year After, Leeds United Back In EPL

Leeds United returned to the Premier League after a 16-year absence on Friday as West Bromwich Albion’s loss at Huddersfield Town guaranteed them a top-two finish in the Championship. A huge favour from Leeds’ Yorkshire neighbours, who won 2-1, meant...

July 17, 2020 No Responses

CBN Targets 12.5m Metric Tons Of Maize In 18 Months

The Central Bank of Nigeria (CBN) on Friday in Abuja said that it would intensify its support to farmers to meet the production of 12.5 million metric tons of maize in the country in the next 18 months. Mr Yusuf...

July 17, 2020 No Responses

FMDQ Securities Exchange turnover hits N16.47trn in June

FMDQ Securities Exchange recorded a turnover of N16.47 trillion in the Fixed Income and Currency (FIC) in the month of June. This is contained in a monthly FIC report obtained by the News Agency of Nigeria (NAN) from FMDQ on...

July 17, 2020 No Responses

FRSC Task Passengers On COVID-19 Protocols

The Federal Road Safety Corps (FRSC), Ogun Command, on Friday urged commercial motorists to ensure passengers comply with COVID-19 protocols, especially the use of face mask. Ahmed Umar, Ogun state Sector Commander, gave the advice during a sensitisation pro...

July 17, 2020 No Responses

British Airways Retires Entire 747 Fleet

British Airways has said it will retire all of its Boeing 747s as it suffers from the sharp travel downturn. The UK airline is the world’s largest operator of the jumbo jets, which it first flew in 1989. “It is...

July 17, 2020 No Responses

Ikeja Hotel, Presco, Others Top Gainers’ Table As Market Capitalisation Recover N105b

The Nigerian Stock Exchange (NSE) on Thursday maintained positive sentiments with the market capitalisation advancing by N105 billion, the biggest gain since June 26. Specifically, the market capitalisation appreciated by N105 billion or 0.83 per ce...

July 17, 2020 No Responses

Nigeria Confirms 595 New Cases Of Coronavirus

The Nigeria Centre for Disease Control (NCDC) has reported 595 new COVID-19 cases in the country as total infections from the virus increase to 34,854. NCDC through its official twitter handle on Thursday explained that . the 595 new cases were&nbsp...

July 17, 2020 No Responses

ANAMMCO Donates Hands Free Washing Device To Enugu Govt

The Anambra Motor Manufacturing Company (ANAMMCO) has donated 11 hands free washing devices and 20 cartons of antibacterial hand washing soap to Enugu State Government in the fight against COVID-19. Donating the item to the Enugu State Government on Thur...

July 17, 2020 No Responses

European New Car Sales Down 24.1%

European passenger car sales slumped in June compared to a year ago but showed an improvement since May with the easing of coronavirus lockdown measures across the region, industry data showed on Thursday.In June, new car registrations dropped by 24.1% year-...

July 16, 2020 No Responses

Nigeria To Boost External Reserve With Gold Sales

The Minister of Mines and Steel Development, Olamilekan Adegbite, on Thursday said Nigeria has commenced gold purchase programme through the Central Bank of Nigeria (CBN). The minister stated this while addressing State House correspondents after the official ...

July 16, 2020 No Responses

NDDC Boss:N40b Not Missing, Not Misappropriated

The Acting Managing Director of the Niger Delta Development Commission (NDDC), Prof. Kemebradikumo Pondei, on Thursday insisted that N40 billion was not missing from the commission’s account neither has it been misappropriated. Pondei, while addressing jo...

July 16, 2020 No Responses

Jaiz Bank Sets Aside N884m For Maiden Dividend

Shareholders of Jaiz Bank Plc are to receive a total of N884million dividend payment subjected to appropriate withholding tax. The Chairman of the Bank Alhaji Umaru Mutallab disclosed this at the 8th Annual General Meeting (AGM) of the bank held...