City BusinessNews – Page 326 – City Business News

June 7, 2020 No Responses

NPA To Receive 16 Ships Laden With Petroleum Products, Frozen Fish, Soya Beans, Others

The Nigerian Ports Authority (NPA) is expecting 16 ships laden with petroleum products, food items and other goods from June 6 to June 20. NPA in its publication, `Shipping Position,’ explained on Saturday that the ships are expected to arrive...

June 7, 2020 No Responses

El-Rufai To FG: Transfer Ecological Funds To Environment Ministry

Kaduna State Governor, Nasir El-Rufai on Saturday canvassed for the transfer of the Ecological Fund to Federal Ministry of Environment, which has the expertise and national reach to manage the fund more efficiently. The governor made the call when the...

June 7, 2020 No Responses

Tomatoes’ Price Soar In Enugu Markets

Price of tomatoes has soared by about 60 per cent in some major markets in Enugu, the News Agency of Nigeria (NAN) reports. A NAN survey conducted on Saturday revealed that a big basket of tomatoes, which cost N16,000 some...

June 7, 2020 No Responses

Kano Tasks FG On W/African Protocols Review

Kano State Governor, Abdullahi Ganduje has called on the Federal Government to seek review of the West African Protocols that allow free movement as part of measures to stop herdsmen migration to Northern Nigeria. Ganduje made the appeal on Saturday...

June 7, 2020 No Responses

“Post-COVID Recovery Should Lock In Ocean Sustainability“

The Commonwealth Secretary-General, Patricia Scotland is urging governments to ensure their countries’ post-COVID economic recoveries are environmentally sustainable and safe for the ocean. Forty-seven of the Commonwealth’s 54 member countries ha...

June 6, 2020 No Responses

Jaguar Land Rover Secures $705m Loan

Jaguar Land Rover (JLR) has entered into agreements with lenders in China for a secured term loan facility of 5 billion yuan ($704.50 million).. JLR’s vice president and China chief financial officer, Arthur Yu, said the Chinese banks that would pro...

June 6, 2020 No Responses

Seaport Adopts $1.5b Budget For 2020/21

The Port of Los Angeles, North America’s leading container seaport, has adopted a $1.5 billion budget for Fiscal Year 2020/21. The port said the budget was based on expectations of slower cargo volumes in the near term and a continued...

June 6, 2020 No Responses

Six Aspirants For Edo APC Governorship Screening

The All Progressives Congress (APC) has announced six Governorship aspirants to be screened for the Party’s June 22, 2020 Primary Election to elect the Party’s Edo state governorship candidate. The six aspirants who have bought, completed and submitted the...

June 6, 2020 No Responses

British Airways Threatens Legal Action Over Quarantine Plans

British Airways owner IAG is considering mounting a legal challenge to quarantine rules which are due to come into effect on Monday. The dramatic move marks another sign of a breakdown in relations between the airline and the UK government....

June 6, 2020 No Responses

Fidelity Bank Donates N10m To Kano Govt

The management of Fidelity Bank Plc has donated N10 million to Kano State Government for the prevention and control of COVID-19 pandemic in the state. Mr Hassan Imam, Executive Director, Northern operation of the bank who presented the cheque on...

June 6, 2020 No Responses

Buhari Approves Danbatta’s Reappointment As NCC’s Boss

The Minister of Communications and Digital Economy, Dr Isa Pantami, on Friday disclosed that President Muhammadu Buhari has approved the reappointment of Prof. Umar Danbatta as Executive Vice Chairman (EVC), Nigeria Communications Commission (NCC). Pantam...

June 5, 2020 No Responses

UNCTAD Appoints Dona Bertarelli Special Adviser For Blue Economy

Dona Bertarelli, the fastest woman to sail around the world, philanthropist, ocean conservation advocate and entrepreneur, has been named theUNCTAD Special Adviser for the Blue Economy. Ms. Bertarelli will help UNCTAD promote a sustainable blue economy, partic...

June 5, 2020 No Responses

Profit Taking: NSE Slides Further By N155b

Profit taking was persistent on the Nigerian Stock Exchange (NSE) on Friday with investors net worth dropping further by N155 billion. Specifically, the market capitalisation dipped N155 billion or 1.17 per cent to close at N13.049 trillion compared with N13.2...

June 5, 2020 No Responses

FRSC Redeploys 119 Senior Officers

As part of measures to strategically reposition Officers for optimal performance, the Corps Marshal, Federal Road Safety Corps (FRSC), Dr Boboye Oyeyemi has approved the redeployment of 119 Officers. The officers are of the ranks of Assistant Corp...