yetty, Author at City Business News

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

Dead Fish: NIMASA Begins Investigation, Cautions Against Consumption

The Nigerian Maritime Administration and Safety Agency (NIMASA) has commenced a scientific inquiry to identify the cause of the recent shoals of dead fish washed ashore along the Niger Delta coastline states of Akwa Ibom, Bayelsa, Cross River, Delta, and...

April 27, 2020 No Responses

World’s Largest Containership Begins Maiden Voyage

The 24,000 TEU HMM Algeciras, the world’s largest containership, has headed out to sea on its maiden voyage. The ship left Geoje, Korea following its naming ceremony on April 23 setting sail for China. It departed from the port of...

April 27, 2020 No Responses

Toyota Predicts Huge Sales For New Yaris SUV Cross

Despite several challenges confronting automobile sales and marketing due to the Coronavirus pandemic, Toyota Motor Corporation has predicted huge sales for the new Toyota Yaris Sports Utility Vehicle (SUV) Cross. Indeed, the kind of digital o...

April 27, 2020 No Responses

Group Urges South-East Governors To Mass-Produce Face Masks

Imeobi Igbo Forum, a pan-Igbo grassroots socio-cultural organisation, on Monday urged South-East governors to mass-produce and distribute face masks to help protect the citizens against COVID-19 pandemic. The National President of the Forum, Dr Mike Ikegulu, g...

April 27, 2020 No Responses

FIFA Proposes Five Substitutions Per Match

FIFA has proposed that teams should be allowed to make up to five substitutions per match, instead of the usual three, as a temporary measure to help cope with potential fixture congestion in the aftermath of the novel Coronavirus outbreak....

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 27, 2020 No Responses

Catholic Men Organisation Donates N1m To Abule Ado Explosion Victims

The Lagos Archdiocesan Catholic Men Organisation (LACMON), on the 17th of April, 2020, made Direct Cash Transfer donations to Fourty One (41) Victims of the ill fated explosion that rocked Abule Ado on the 15th of March 2020. ...

April 27, 2020 No Responses

Ecobank Nigeria Supports States With Food Items

Ecobank Nigeria has donated fooditems to several state governments across the country as contribution to various initiatives aimed at cushioning the effect of the current lockdown on citizens. According to Ecobank, these palliatives are targeted at the most vu...

April 26, 2020 No Responses

NPA Refutes Report On Staff Testing Positive For COVID-19

The Management of Nigerian Ports Authority (NPA) on Saturday refuted reports alleging on of its senior staff tested positive for COVID-19. A statement issued by Jatto A Adams, General Manager, Corporate and Strategic Communications said: “The Nige...

April 23, 2020 No Responses

NLNG Restates Support For Fight Against COVID-19, Donates Vehicles, Protective Equipment, Others

Nigeria LNG Limited (NLNG) has restated its support for the fight against the Coronavirus (COVID-19) pandemic and has urged resilience and adherence to social distancing rules and other precautionary measures advised by the health authorities, in order to cont...

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...