City BusinessNews – Page 305 – City Business News

July 15, 2020 No Responses

Nigeria Confirms 463 New Coronavirus Cases

The Nigeria Centre for Disease Control (NCDC) has recorded 463 new COVID-19 cases in the country as total infections increase to 33,616. NCDC through its official twitter handle on Tuesday explained that the 463 new cases were reported from 17 states....

July 15, 2020 No Responses

Hyundai Launches New Tucson SUV

Hyundai Motor on Tuesday launched its facelifted Tucson Sports Utility Vehicle (SUV) for the Indian market through its new digital platform ‘The Next Dimension’. The South Korean auto firm also introduced the new Creta SUV and Verna sedan to th...

July 15, 2020 No Responses

Firm Implores EU On Approval For Turkish Ship Recycling Yards

Ship recycling yards in Turkey that are compliant with safety and environmental requirements of the European Union are full until the end of the year, Clarksons Platou Shipbroking said in a report. The report indicated that there is limited space...

July 14, 2020 No Responses

Coronavirus Cases In Nigeria Climb To 33,153

Nigeria on Monday announced 575 new Coronavirus cases, bringing the total infections to 33,153. According to Nigeria Centre for Disease Control (NCDC), the 575 new cases were reported from 20 states. NCDC explained that 156 of the new cases were repo...

July 14, 2020 No Responses

Nigeria, Saudi Arabia Restate Commitment To OPEC

Saudi Arabia and Nigeria have reiterated their firm commitment to the Organisation of Petroleum Export Countries and its allies known as OPEC+ agreement. The Minister of State for Petroleum Resources, Timipriye Sylva, explained that the countries also reiterat...

July 14, 2020 No Responses

Yobe Acquires 103 Tractors, 7,500 Metric Tonnes Of Fertiliser

The Yobe State Government has acquired 103 tractors and 7,500 tonnes of NPK fertiliser to be distributed to farmers across the 17 local government areas. Showcasing the agricultural inputs in Damaturu on Monday, the State Governor, Mai Mala-Buni exp...

July 13, 2020 No Responses

Nigeria’s Stock Market Opens Week With N55b Loss

The nation’s bourse resumed transactions for the week on Monday with a loss of N55 billion following sell pressure in some blue chips. Specifically, the market capitalisation which opened at N12.679 trillion lost N55 billion to close at N12.624 trillion....

July 13, 2020 No Responses

Nigeria’s Unclaimed Dividends Hit N158.44b

The total unclaimed dividend figure in the Nigerian capital market stood at N158.44 billion as of December 2019, the News Agency of Nigeria (NAN) reports. Data obtained exclusively by NAN from the Securities and Exchange Commission (SEC) show that the...

July 13, 2020 No Responses

ILO Renews Commitment To Create Better World Of Work After COVID-19

The Director-General of the International Labour Organization (ILO), Guy Ryder, has welcomed the commitment and determination of world leaders to build a better world of work as a core element of recovery from the COVID-19 crisis . Speaking at the close of ...

July 13, 2020 No Responses

FRSC Warns Personnel Against Collecting Bribe From Motorists

The Federal Road Safety Corps (FRSC) in Ogun, has warned its personnel to desist from collecting bribe from motorists in the state. The Ogun Sector Commander of FRSC, Mr Ahmed Umar, gave this warning in an interview with the News...

July 13, 2020 No Responses

Court Dismisses N5b Libel Suit Against Thisday

An FCT High Court, in Kubwa on Monday, dismissed a N5 billion libel suit filed by a Chartered Accountant, Nixon Alanza, against Thisday Newspaper Limited and Diamond Bank PLC . Delivering judgment, Justice Bello Kawu , held that the plaintiff...

July 13, 2020 No Responses

Lagos Trains 450 Entrepreneurs On Coconut’s Waste-To-Wealth Initiative

The Lagos State Government ( LASG) is to start a five-week intensive training on July 13 for no fewer than 450 young entrepreneurs on the use of coconut waste in arts and craft. The State Acting Commissioner for Agriculture, Ms...

July 13, 2020 No Responses

CBN, Bankers Committee To Revamp National Theatre

The Minister for Culture and Information, Alhaji Lai Mohammed, on Sunday in Lagos handed over the National Theatre to the Central Bank of Nigeria (CBN) and the Bankers committee for restoration and upgrade. Speaking at the event, Mohammed explained that t...

July 13, 2020 No Responses

Lagos Doctors Begin Three Days Warning Strike

Doctors under the aegis of the Medical Guild in Lagos State are set to begin three days warning strike from Monday, over issues that affects their safety and welfare. The Medical Guild is the Association of Medical Doctors under the...