City BusinessNews – Page 369 – City Business News

March 12, 2020 No Responses

Stocks Fall As US Imposes EU Travel Ban

Asian stocks traded sharply lower after President Donald Trump suspended all travel to the US from mainland Europe in a bid to slow the spread of the coronavirus. It followed steep losses on Wall Street, with the Dow Jones plunging...

March 11, 2020 No Responses

Nigeria To Reduce Cost Of Crude Oil Production

The Nigerian National Petroleum Corporation (NNPC) has expressed its readiness to strategically put in place measures that would alleviate the cost of crude oil production in Nigeria to create market for Nigeria’s crude and make Nigeria a choice destination ...

March 11, 2020 No Responses

Kuwait Halts All Commercial Flights Over Coronavirus

Kuwait will halt commercial flights starting from Friday until further notice over fears of the spread of the new coronavirus.A government spokesman disclosed this after a cabinet meeting on Wednesday.“This decision does not include cargo aircraft and planes...

March 11, 2020 No Responses

BMW Rejigs Logo

The Bavarian Motor Works (BMW) has rejiged its logo to a more transparent variant essentially for brand communication. This logo update is the sixth version since its first introduction in 1917.A statement explained that while the rejig is more than...

March 11, 2020 No Responses

Health Minister Tests Positive For Coronavirus

United Kingdom Health minister and Conservative MP Nadine Dorries been diagnosed with coronavirus. Ms Dorries, the first MP to test positive, said she had taken all the advised precautions after finding out and had been self-isolating at home. It comes...

March 11, 2020 No Responses

Photo News

Phenomenal Teenage Disc Jockey, Joan Tamaraebi Hilary better known as, DJ Tamara being presented a gift by Tolulope Adeleke at the EachForEqual Hangout in Lagos powered by Patnaz Limited, a trainer partner with Google on the Google Digital Skills Program...

March 11, 2020 No Responses

Nigeria Consulate Suspends Emergency Passport Services

The Consulate General of Nigeria in New York has suspended emergency passport services due to shortage of old booklets. In a notice dated March 6, 2020, the consulate said that only applicants on appointment would be attended to in the...

March 10, 2020 No Responses

Senate Passes Companies And Allied Matters Amendment Bill

The Senate on Tuesday passed the Companied and Allied Matters Act amendment bill, 2020.The passage of the bill by the upper chamber was sequel to a clause-by-clause consideration of the bill in a committee of the whole.The piece of legislation...

March 10, 2020 No Responses

Jamoh, New NIMASA DG Resumes

Newly appointed Director General of Nigeria Maritime Administration and Safety Agency (NIMASA), Dr Bashir Jamoh on Wednesday resumed after the official handing over ceremony.Speaking after the handing over ceremony, Jamoh reiterated the agency’s Commitment t...

March 10, 2020 No Responses

Ecobank Celebrates Women, Reiterates Equal Opportunities

Managing Director, Ecobank Nigeria, Patrick Akinwuntan (middle), on his left, Executive Director, Commercial Banking, Carol Oyedeji and other female Ecobankers during the Bank’s commemoration of this year’s International Women’s Day (IWD) at the Bank’s...

March 10, 2020 No Responses

Coronavirus: All Sports In Italy Suspended

All sport in Italy has been suspended until at least 3 April because of coronavirus, the country’s prime minister Giuseppe Conte has announced. This includes Serie A but not Italian clubs or national teams participating in international competitions. Ser...

March 9, 2020 No Responses

Nigeria Unveils $1b Locally-Assembled Vehicles

The Ministry of Industry, Trade and Investment in collaboration with the National Automotive Design and Development Council (NADDC) on Monday commissioned $1billion worth of locally-assembled vehicles.The vehicles are locally produced by 17 companies including...

March 9, 2020 No Responses

Commissioner: Hot Weather In Niger Helping To Keep Coronavirus At Bay

The Niger State Commissioner for Health, Dr Muhammad Makusidi, has described the hot weather condition in the state as a positive development capable of keeping coronavirus at bay.Makusidi, who disclosed this at a press conference in Minna on Monday, said...

March 9, 2020 No Responses

Investors lose N329b

The Nigerian Stock Exchange (NSE) market capitalisation opened the week on Monday with a huge loss of N329 billion due to persistent fall in global oil price and rising cases of COVID-19.The News Agency of Nigeria (NAN) reports that the...