Author: yetty

Opinion: Dealing With Deadly Concoction Of Disease And Disaster
May 21, 2020 No Responses

Opinion: Dealing With Deadly Concoction Of Disease And Disaster

 By Patricia Scotland, Commonwealth Secretary-General Today in India and Bangladesh, millions of people are hunkered down in shelters, many with masks on their faces – a chilling reminder of the COVID-19 outbreak that still grips the densely populated countries. Forced...
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NIMASA Explains Preliminary Investigation On Wellhead Fire
May 21, 2020 No Responses

NIMASA Explains Preliminary Investigation On Wellhead Fire

 By citybusinessnews@yahoo.com The Nigerian Maritime Administration and Safety Agency (NIMASA) has sent an investigative team to unravel the circumstances surrounding fire incident at a wellhead offshore, Ondo State. The incident involved a barge bel...
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Market Capitalisation Extends Growth By N158b
May 21, 2020 No Responses

Market Capitalisation Extends Growth By N158b

Transactions on the Nigerian Stock Exchange (NSE) remained upbeat on Thursday for four consecutive days, with the key performance indicators improving further by 1.25 per cent. Consequently, the All-Share Index which opened at 24,452.23 rose by 306.16 points o...
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Shareholders Laud Sterling Bank’s 2019 Financial Performance
May 21, 2020 No Responses

Shareholders Laud Sterling Bank’s 2019 Financial Performance

Shareholders of Sterling Bank Plc, Nigeria’s leading commercial bank have commended its financial performance and dividend payout for the financial year ended December 31, 2019. They gave the commendation at the 58th Annual General Meeting (AGM) of the b...
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Nigeria Approves $454,000 For Seafarers’ Training
May 20, 2020 No Responses

Nigeria Approves $454,000 For Seafarers’ Training

The Federal Executive Council (FEC) presided over by President Muhammadu Buhari on Wednesday approved $454,000 for sea-time training for Nigerian Seafarers Development Programme organised by the Nigerian Maritime Administration and safety Agency (NIMASA). &nbs...
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FEC Approves N2.9b Fire Service Equipment For Odukpani Oil, Gas Park
May 20, 2020 No Responses

FEC Approves N2.9b Fire Service Equipment For Odukpani Oil, Gas Park

The Federal Executive Council (FEC) presided over by President Muhammadu Buhari on Wednesday approved N2.9billion for the provision of water and fire service equipment in the National Oil and Gas Park to be sited in Odukpani, Cross River State The...
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NSE Market Capitalisation Sustains Growth By N130b
May 20, 2020 No Responses

NSE Market Capitalisation Sustains Growth By N130b

Sentiments remained positive on the Nigerian Stock Exchange (NSE) on Wednesday, with the market capitalisation growing by N130 billion due to gains by Dangote Cement. Specifically, the market capitalisation inched higher by N130 billion or 1.03 per cent to clo...
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Lagos Seaports To Receive 50 Ships With Petroleum Products, Food Items
May 20, 2020 No Responses

Lagos Seaports To Receive 50 Ships With Petroleum Products, Food Items

Fifty ships laden with petroleum products, food items and other goods are expected at the TinCan Island Port and the Lagos Port Complex from May 20 to June 3. The Nigerian Ports Authority (NPA) in its publication, `Shipping Position’, explained...
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Stakeholders Task New SEC D-G On Capital Market Master Plan Implementation
May 19, 2020 No Responses

Stakeholders Task New SEC D-G On Capital Market Master Plan Implementation

Capital market operators on Tuesday advised Mr Lamido Yuguda, nominated as the Director-General, Securities and Exchange Commission (SEC), to prioritise  investor protection and effective implementation of capital market master plan, if confirmed by the Senat...
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Senate Begins Amendment Of Nigeria’s Local Content Law
May 19, 2020 No Responses

Senate Begins Amendment Of Nigeria’s Local Content Law

The Senate has commenced amendment of the Nigerian Oil and Gas Industry Content Development Act 2010, following the consideration of a bill seeking to boost local content and strengthen the nation’s economy.    The Nigerian Oil and Gas Industry Content&nbs...
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Zenith General Insurance Declares N3.06b Profit For 2019
May 19, 2020 No Responses

Zenith General Insurance Declares N3.06b Profit For 2019

Zenith General Insurance Limited has released its full-year financial statements for the year ended 31 December 2019. A review of the results showed positive improvements on a year-on-year basis with profit before tax rising by 16% from N3.16bn to N3.67bn...
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Nasarawa Begins Sales Of Fertilizer To Farmers
May 19, 2020 No Responses

Nasarawa Begins Sales Of Fertilizer To Farmers

Nasarawa State Government on Tuesday began the sale of 18,600 bags of NPK fertilizer to farmers for the  2020 farming season. Speaking at the inauguration in Lafia, Governor Abdullahi Sule, said that the commodity would be sold at a subsidised...
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Interstate Movement: FRSC Turns Back 1,292 Vehicles
May 19, 2020 No Responses

Interstate Movement: FRSC Turns Back 1,292 Vehicles

The Federal Road Safety Corps (FRSC), turned back 1,292 vehicles from Ogun and Lagos States’ boundaries in the last two weeks, while enforcing the Federal Government’s restrictions on interstate movements. Mr Samuel Obayemi, FRSC Zonal Commanding Officer i...
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Delta Port To Receive Nine Vessels
May 19, 2020 No Responses

Delta Port To Receive Nine Vessels

The Nigerian Ports Authority (NPA) on Tuesday disclosed that nine vessels are expected to arrive at the Delta Port, Warri, between May 19 and May 30. According to NPA’s daily publication, ‘Shipping Position,’ the ships were laden with Automotive Gasolin...
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