Economy – Page 252 – City Business News

April 29, 2020 No Responses

Henshaw, Oboli Task FG On Fight Against Piracy

Veteran actress, Kate Henshaw and ace filmmaker, Omoni Oboli, want the Federal Government to accelerate the fight against piracy to enable the creative sector contribute more to the country’s economy.The News Agency of Nigeria (NAN), reports that Henshaw and...

April 28, 2020 No Responses

UNCTAD Unveils Ten-Point Road Map For Seaports, Customs, Transporters

As countries adopt radical measures to bring the coronavirus pandemic under control, international trade and transport systems are under tremendous stress. Early evidence shows that international trade is collapsing, threatening access to goods and critical su...

April 27, 2020 No Responses

Buhari’s Covid-19 Speech On Lockdown

1. Fellow Nigerians 2. I will start by commending you all for the resilience and patriotism that you have shown in our collective fight against the biggest health challenge of our generation. 3. As at yesterday, 26th April 2020, some 3 million...

April 27, 2020 No Responses

FBN Holdings Shareholders Approve N13.64b Dividend For 2019

Shareholders of FBN Holdings Plc on Monday approved a total dividend of N13.64 billion declared by the company for the financial year ended December 31, 2019. The shareholders gave the approval at the company’s eighth Annual General Meeting (AGM) by...

April 27, 2020 No Responses

Seaport Terminal Operators Boost COVID-19 Relief Fund With N700m

As part of its contributions to curtail the spread of Coronavirus Disease (COVID-19), Seaport Concessionaires under the aegis of Seaport Terminal Operators Association of Nigeria (STOAN) have collectively donated the sum of N700million to the Federa...

April 27, 2020 No Responses

Nigeria Probes Alleged Abuse Of Nigerians In China

The Nigerian Government has launched an investigations into the alleged abuse and maltreatment of Nigerians in China since the outbreak of the dreaded Coronavirus (Covid-19) pandemic.There have been a wave of outcry over the alleged attacks and abuse of Nigeri...

April 23, 2020 No Responses

Nigerian Breweries Declares N83.2b Revenue, N5.5b Profit In Q1

The Board of Directors of Nigerian Breweries has announced a revenue of N83.2 billion for the first quarter ended March 31.The revenue represented a decrease of 0.09 per cent when compared with N83.3 billion achieved in the corresponding period of...

April 23, 2020 No Responses

Board: 2,000 Seafarers Under NSDP Awaiting Sea Time

The National Seafarers Welfare Board (Nigeria) says two thousand seafarers, under the National Seafarers Development Programme (NSDP), are still waiting for sea time.The board Chairman, Mr Kunle Folarin, made this known on Thursday on an Instagram Live program...

April 23, 2020 No Responses

Palm Oil Production: Group Seeks More Investment In Nigeria

A Non-Governmental Organisation (NGO), Solidaridad West Africa has urged all tiers of government and the private sector to invest more on palm oil production to increase contribution of the agriculture sector to Nigeria’s GDP growth.A statement issued ...

April 22, 2020 No Responses

How To Tackle Food Insecurity, By Kaduna State

The Kaduna State Government on Wednesday said food insecurity looms without collaboration against bandits attacking rural communities in the state. The government said information sharing with security agencies will ensure prompt response in tackling ban...

April 22, 2020 No Responses

Shippers Council Implores Haulage Operators On Reduced Freight Rates At Seaports

Nigerian Shippers Council (NSC) has urged haulage operators to reduce the freight rates to decongest the nation’s seaports amid COVID-19 pandemic. The Executive Secretary, Mr Hassan Bello made the appeal at a meeting with truck owners under the aegis of...

April 22, 2020 No Responses

How To Tackle Food Insecurity, By Kaduna State

The Kaduna State Government on Wednesday said food insecurity looms without collaboration against bandits attacking rural communities in the state. The government said information sharing with security agencies will ensure prompt response in tackling ban...

April 21, 2020 No Responses

COVID-19: Capital Market Support Committee To Raise N1b

In a bid to support the fight against COVID-19 and its impact on the Nigerian economy, the capital market community has launched an initiative with the aim of raising N1bn within the shortest possible time. This was stated by the...