Author: yetty

Lufthansa To Ground 500 Aircraft
May 19, 2020 No Responses

Lufthansa To Ground 500 Aircraft

Lufthansa is bracing for hundreds of aircraft to remain grounded due to the coronavirus pandemic well into 2022 and that further job cuts at its maintenance and catering businesses were inevitable. The German airline is set to ground 500 of...
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Okomu Oil Tops Gainers’ Table As Market Capitalisation Opens Week With N37b Growth
May 18, 2020 No Responses

Okomu Oil Tops Gainers’ Table As Market Capitalisation Opens Week With N37b Growth

The Nigerian Stock Exchange (NSE) resumed trading for the week on Monday on a positive trend, with the market capitalisation rising by N37 billion. Speficially, the market capitalisation which opened at N12.440 trillion rose by N37 billion to close at...
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Coscharis Motors Reopens Auto Sales, Service Facilities
May 18, 2020 No Responses

Coscharis Motors Reopens Auto Sales, Service Facilities

  By Citybusinessnews@yahoo.com Foremost  auto dealer, Coscharis Motors, a subsidiary of Coscharis Group is set to reopen its auto sales outlets and service workshops in accordance with government directive from Wednesday May 20, 2020.  According to t...
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Vatican, Italy Resume Public Church Services
May 18, 2020 No Responses

Vatican, Italy Resume Public Church Services

Pope Francis on Monday inaugurated the full reopening of St. Peter’s Basilica in the Vatican and Catholic churches across Italy as he held public Masses for the first time in two months.The inauguration was the latest move in easing of...
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UBA Upgrades Mobile App, Diaspora Banking, Others
May 18, 2020 No Responses

UBA Upgrades Mobile App, Diaspora Banking, Others

 The United Bank for Africa Plc (UBA), on Monday, upgraded its mobile banking applications with unique and exciting features that would make banking easy for Nigerians. Mr Sampson Aneke, the Group Head, Digital Banking, at an online media parley in...
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Omotola Celebrates 25 Years In Entertainment Industry
May 18, 2020 No Responses

Omotola Celebrates 25 Years In Entertainment Industry

A Nigerian screen diva, Omotola Jalade-Ekeinde, has taken to her social media handle to celebrate her 25th year in the entertainment industry. The talented veteran actress, who said she was excited and grateful, took to her Instagram page @realomosexy to...
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UK, Seatruck, Others Seal £35m Deal To Safeguards Critical Freight Routes
May 18, 2020 No Responses

UK, Seatruck, Others Seal £35m Deal To Safeguards Critical Freight Routes

The UK government has signed agreements with six operators to provide up to £35 million to help ensure there is enough freight capacity to prevent disruption to the flow of goods. The companies in question are Brittany Ferries, DFDS, Eurotunnel,...
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PwC Nigeria Rolls Out COVID-19 Intervention Packages
May 14, 2020 No Responses

PwC Nigeria Rolls Out COVID-19 Intervention Packages

PwC Nigeria has deployed  one hundred million-naira (N100m) intervention to support individuals, businesses and government in responding to the impact of the COVID-19 pandemic in Nigeria. A statement sent to City BusinessNews (www.citybusinessnews.co...
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Plug Social Protection Gaps In Developing Countries To Prevent Future Crises, Says ILO
May 14, 2020 No Responses

Plug Social Protection Gaps In Developing Countries To Prevent Future Crises, Says ILO

The COVID-19 crisis  has exposed devastating gaps in social protection coverage in developing countries, and recovery will only be sustained and future crises prevented if they can transform their ad hoc crisis response measures into comprehensive social pr...
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Nigeria Receives 24 Ships With Petroleum Products, Food Items
May 14, 2020 No Responses

Nigeria Receives 24 Ships With Petroleum Products, Food Items

Twenty-Four ships laden with petroleum products, food items and other goods are scheduled to arrive the TinCan Island Port in Nigeria from May 14 to May 30, 2020.  The Nigerian Ports Authority (NPA) in its publication, `Shipping Position’, explained th...
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FRSC Impounds 40 Overloaded Vehicles
May 14, 2020 No Responses

FRSC Impounds 40 Overloaded Vehicles

The Federal Road Safety Corps (FRSC) Lagos Sector Command on Thursday said that it arrested 40 overloaded vehicles in the first week of COVID-19 Lockdown relaxation in the state. The Lagos State Sector Commander of FRSC, Mr Hyginus Omeje disclosed...
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Weststar Reopens Facilities, Fumigates Premises
May 14, 2020 No Responses

Weststar Reopens Facilities, Fumigates Premises

  By citybusinessnews@yahoo.com  Weststar Associates Limited, authorized general distributor of Mercedes-Benz in Nigeria has reopened its facilities in Lagos and Abuja for business operations.  However, due to Coronavirus pandemic and in line with gove...
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NSE Market Capitalisation Sustains Growth With N87b
May 14, 2020 No Responses

NSE Market Capitalisation Sustains Growth With N87b

Sentiments in the nation’s bourse remained positive on Thursday following price appreciation in Dangote Cement and 17 other stocks. Consequently, the All-Share Index rose by 183.48 points or 0.77 per cent to close at 23,892.92 compared to 23,709.44 achieved ...
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NRC Makes Wearing Of Face Masks Mandatory
May 14, 2020 No Responses

NRC Makes Wearing Of Face Masks Mandatory

The Nigerian Railway Corporation (NRC) has flagged off sensitisation and awareness campaign against COVID-19 among its staff and those residing in railway compound in Lagos. The NRC Managing Director, Mr Fidet Okhiria, performed the ceremony, according to a st...
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