City BusinessNews – Page 339 – City Business News

May 18, 2020 No Responses

Nigeria Reports 338 New Cases Of Coronavirus

The Nigeria Centre for Disease Control (NCDC) on Sunday recorded 338 new cases of COVID-19 in the country, bringing the total number of infections in Nigeria to 5,959. The states and their breakdowns are: 177-Lagos64-Kano21-FCT16-Rivers14-Plateau11-Oyo9-Katsina4-Jigawa4-Kaduna3-Abia3-Bauchi3-Borno2-Gombe2-Akwa Ibom2-Delta1-On...

May 18, 2020 No Responses

Japan Falls Into Recession

Japan has fallen into recession as the financial toll of the coronavirus continues to escalate. The world’s third biggest economy shrank 3.4% in the first three months of 2020 compared to a year ago, its biggest slump since 2015. The...

May 18, 2020 No Responses

Kano Slashes Salaries Of Political Appointees By 50 Per Cent

Governor Abdullahi Ganduje of Kano State has slashed the salaries of political office holders in the state by 50 per cent due to dwindling resources caused by COVID-19 lockdown.Mr Abba Anwar, Chief Press Secretary to the Governor said this in...

May 18, 2020 No Responses

Nissan Unveils Kicks e-Power SUV

Nissan has launched the Kicks e-Power SUV in Thailand. The SUV is capable of delivering the power and performance of an electric car.Available in four different variants, the e-Power technology onboard the Nissan Kicks e-Power SUV combines an EM57 electric...

May 17, 2020 No Responses

Shell Explores Ship-Ship LNG Operation

Royal Dutch Shell has taken part in two liquefied natural gas bunkering operations in the French port of Marseille and in the Dutch port of Rotterdam. In the Port of Marseille Fos, Shell and Carnival carried out the first-ever ship-to...

May 17, 2020 No Responses

Access Bank Rewards 38 Customers

Access Bank Plc has rewarded 10 customers with one million naira each and 28 female customers with N100,000 each in its DiamondXtra monthly draw. The bank’s Executive Director, Retail Banking, Mr Victor Etuokwu, explained in a statement on Saturday that&nbsp...

May 17, 2020 No Responses

Nigeria Reports 176 New Cases Of Coronavirus

The Nigeria Centre for Disease Control (NCDC) on Saturday recorded 176 new cases of COVID-19 in the country, bringing the total number of infections in Nigeria to 5,621. The states and their breakdowns are: 95-Lagos31-Oyo11-FCT8-Niger8-Borno6-Jigaw...

May 17, 2020 No Responses

NUJ Rejects Govt Palliatives

The Nigeria Union of Journalists (NUJ), Enugu State Council, on Saturday rejected the palliative from Enugu State Government over alleged interference in the union’s activities. The News Agency of Nigeria (NAN) reports that problem started when the gov...

May 17, 2020 No Responses

Uzodinma Unveils Agenda To Reposition IMSU

The Imo State Governor, Sen. Hope Uzodinma, on Saturday announced his adminstration’s plan to reposition the Imo State University (IMSU) for academic excellence. Uzodinma who made the announcement while receiving a report from the institution’s v...

May 17, 2020 No Responses

Renault To Discontinue Iconic Models

Renault is preparing to substantially reduce its vehicle range, withdrawing well-known but ailing models like the Espace minivans, as part of looming cost cutting plans. According to Reuters,the company had already embarked on an overhaul of it...

May 16, 2020 No Responses

Italy To Lift Travel Restrictions June 3

Italy’s government has signed a decree that will allow travel to and from the country from 3 June, as it moves to ease its coronavirus lockdown measures. It will also allow travel between the regions – which has so far...

May 16, 2020 No Responses

Nigeria Records 288 New Coronavirus Cases

The Nigeria Centre for Disease Control (NCDC) on Friday recorded 288 new cases of COVID-19 in the country, bringing the total number of infections in Nigeria to 5445. The NCDC also said that three new patients have been confirmed dead...

May 16, 2020 No Responses

NSE Lists FBNQuest Merchant Bank’s N5b Bond

The Nigerian Stock Exchange (NSE) on Friday listed FBNQuest Merchant Bank N5 billion three-year 10.50 per cent bond on the bourse. The listing was commemorated with a digital closing gong done due to the COVID-19 pandemic in the country. Commenting...

May 16, 2020 No Responses

Nissan To Raise $4.7b Bond

Nissan Motor has registered with the Japanese government to issue up to 500 billion yen ($4.7 billion) in bonds within two years The major Japanese automaker, which registered its first corporate bond issue in four years with the Kanto Local...