City BusinessNews – Page 320 – City Business News

June 17, 2020 No Responses

‘Thunderous Lightning’ kills Three FRSC Officials In Ogun

Three officials of the Federal Road Safety Corps (FRSC) died mysteriously after a flash of thunder lightning occurred in their office at the early hours of Wednesday in Ilese area of Ijebu-Ode in Ogun State. The News Agency of Nigeria...

June 17, 2020 No Responses

NNPC’s Reserve To Hit 40b Barrels By 2023, Says Kyari

The Nigerian National Petroleum Corporation (NNPC) on Wednesday said its target is to grow the nation’s reserve to 40 billion barrels by the year 2023. Malam Mele Kyari, Group Managing Director, NNPC, disclosed this during the unveiling of 2D seismic...

June 17, 2020 No Responses

Shippers’ Council May Sanction Hanover Bonded Terminal Over Inadquate Services

Nigerian Shippers’ Council (NSC), on Wednesday threatened to seal Hanover Bonded Termina over alleged poor services. NSC Deputy Director, Regulatory Services, Mrs Celine Ifeora, stated this while on tour of the bonded terminal to ascertain the type of operat...

June 17, 2020 No Responses

Jaguar Land Rover Records Surprise Sales Surge

Jaguar Land Rover said it’s seeing the beginnings of a demand rebound in China as the world’s second-largest economy opens up after months of inactivity following the coronavirus outbreak.While JLR lost 501 million pounds ($630 million) before tax in ...

June 17, 2020 No Responses

Nigeria To Unveil Single Window Project, Deploy Scanners At Seaports

As part of measures to curtail importation of fake and substandard products into the country in line with established protocols, plans are underway to operationalise the National Single Window project as well as deploy scanners at the nation’s seaports befor...

June 17, 2020 No Responses

Covid-19 Threatens 55 Million Domestic Jobs

Nearly three-quarters of domestic workers around the world – more than 55 million people – are at significant risk of losing their jobs and income due to lockdown and lack of effective social security coverage, a new estimates by the...

June 17, 2020 No Responses

Delta Seeks N8b Loan To Boost Agriculture

The Delta State Government has granted its approval for the state to access eight billion naira loan from the Central Bank of Nigeria (CBN), to develop agriculture in the state. The state’s Commissioner for Information, Mr Charles Aniagwu, who made...

June 17, 2020 No Responses

Ondo Approves Recruitment Of 1000 Teachers, 432 Health Workers

Governor Oluwarotimi Akeredolu of Ondo State has approved the recruitment of 1000 teachers to fill vacant positions in the state’s primary education sector. The State Head of Service (HoS), Mr Dare Aragbaiye, disclosed this on Tuesday in Akure, during a...

June 17, 2020 No Responses

New Hyundai Creta Gets 30,000 Bookings

South Korean auto firm, Hyundai, on Tuesday disclosed that the new Creta has received not less than 30,000 bookings in the Indian Market . According to the auto firm, 55 percent of the total bookings are diesel powered Hyundai Creta.The new...

June 17, 2020 No Responses

Volkswagen To Pay $267m For Audi Buyout

Volkswagen will pay a 48% premium to buy out the minority shareholders of premium division Audi, Audi said on Tuesday.Volkswagen, which already holds 99.64% of Audi, announced the squeeze-out plans in February.“Volkswagen AG announced and specified tha...

June 17, 2020 No Responses

Nigeria Confirms 31 Coronavirus Deaths, 490 New Cases

The Nigeria Centre For Disease Control (NCDC) on Tuesday recorded 31 Coronavirus (COVID-19) related deaths, the highest number announced in a day. NCDC also confirmed 490 new cases, bringing the total number of infections in the country to 17,148. A...

June 16, 2020 No Responses

USAID Trains 7,519 Rice Farmers In Delta

Delta Chairman, Rice Farmers Association of Nigeria (RIFAN), Chief Silver Ejezie, on Monday said USAID has commenced training programme for rice farmers in the state. Ejezie, in an interview with the News Agency of Nigerian (NAN) in Asaba, disclosed that...

June 16, 2020 No Responses

Buhari Mourns Senator Osinowo

President Muhammadu Buhari has condoled with the family of Osinowo and the Senate of the Federal Republic of Nigeria on the death of Sen. Sikiru Adebayo Osinowo, the Senator representing Lagos East senatorial district. The president’s condolence message was ...

June 16, 2020 No Responses

PDP: No Automatic Ticket For Obaseki

The Chairman of Peoples Democratic Party (PDP) in Edo, Mr Tony Aziegbemi, on Monday said there will be no automatic ticket for Gov. Godwin Obaseki in the party. The All Progressives Congress (APC) screening committee had, on Friday, disqualified Obaseki and.....