News Archives — Page 250 of 735

January 27, 2023 No Responses

AfDB Commits $10bn To Drive Food Security In Africa

The African Development Bank (AfDB) Group is to commit $10 billion over the next five years to make Africa food secure. The president of the bank, Dr Akinwumi Adesina made the commitment at the Dakar Africa Food Summit in Diamniadio,...

January 27, 2023 No Responses

CBN Unveils Africa-Led Domestic Card Scheme

The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele on Thursday, unveiled an African Central Bank led National Domestic Card Scheme (AfriGO) to address local peculiarities. At the event, which was monitored virtually, Emefiele said the new...

January 27, 2023 No Responses

FG Raises Steering Committee For Proposed Ondo, Benin Ports

The Federal Ministry of Transportation has inaugurated a Project Steering Committee for the proposed Ondo Deep Sea and Benin River Ports. The inauguration was performed by the Permanent Secretary of the Ministry of Transportation, Dr Magdalen...

January 26, 2023 No Responses

FEC Approves N1.6b Augmentation For Benue Road

The Federal Executive Council (FEC) has approved an additional N1.6 billion being augmentation sum for Manyam-Ushongo-Lessel-Kartyo-Oju-Agila road project in Benue State. The Minister of Information and Culture, Lai Mohammed, disclosed this to State Hous...

January 26, 2023 No Responses

Lassa Fever: Etsako-West Confirms 38 Cases, Esan West 24

The Edo State Commissioner for Health, Prof. Obehi Akoria, on Wednesday, said Etsako West, Esan West and Esan North East were the most affected local government areas by Lassa fever in the state, urging for the collaboration of residents to...

January 26, 2023 No Responses

Hyundai Reveals All-New KONA SUV

Hyundai Motor Company has revealed details of its new generation KONA subcompact Sports Utility Vehicle (SUV) for Korea, with information about the global model coming in March, 2023. According to information obtained by City Business News, the ups...

January 26, 2023 No Responses

Geely Records 1,432,988 Sales In 2022

Geely Auto has announced its December and annual sales figures for 2022: 146,017 passenger cars were sold in December, and the total cumulative sales of Geely Auto for 2022 reached 1,432,988 units, up 8% year-on-year, with production and sales exceeding...

January 25, 2023 No Responses

Maersk, MSC Terminate Alliance

Container shipping giants, MSC Mediterranean Shipping Company (MSC) and Maersk A/S, an entity under A.P. Moller – Maersk, have agreed to terminate the 2M alliance, effective in January 2025. 2M is a container shipping line vessel sharing agr...

January 25, 2023 No Responses

Man Beats Lover To Death In Bayelsa

A man, Mr Arepamowei Koru, who hails from Ogobiri Community in Sagbama Local Government Area of Bayelsa, has allegedly beaten his 22-year-old girlfriend, Miss Toma Angolo, to death. The two lovers were said to be cohabiting at the man’s...

January 25, 2023 No Responses

Nigeria Confirms 77 Cases Of Lassa Fever In Ondo, Edo, Ebonyi, Others

The Nigeria Centre for Disease Control and Prevention (NCDC) registered 77 new Lassa fever cases and six-related deaths between January 9 and January 15, 2022. In a statement on Wednesday, NCDC explained that the new cases were recorded in 25...

January 25, 2023 No Responses

Union Bank Save & Win Palli Promo Grand finale Holds Jan 27

Following a six-month successful run, the second edition of Union Bank’s Save & Win Palli Promo is finally coming to an exciting conclusion.A statement sent to City Business News explained that the grand finale event, which is set to hold...

January 25, 2023 No Responses

NIMASA Task Banks On $350m Cabotage Fund Guidelines

The Nigerian Maritime Administration and Safety Agency (NIMASA) has issued a 72-hour ultimatum to the Primary Lending Institutions (PLIs), to release modalities for the disbursement of $350 million Cabotage Vessels Finance Fund (CVFF). The PLIs approved ...

January 25, 2023 No Responses

Mikano Motors Rewards Staff

The Management of Mikano Motors has commended staff of the company for their outstanding contributions to the growth of the company in 2022. Speaking at an award ceremony held at the company’s vehicle Assembly plant along Lagos-Ibadan Expressway,...

January 25, 2023 No Responses

FRSC Recovers, Returns N3.2m To Accident Victim

The Federal Road Safety Corps (FRSC), Kogi Sector Command on Tuesday recovered and returned the sum of N3. 2 million to the family of an accident victim in the state. The News Agency of Nigeria (NAN) reports that the money...