yetty, Author at City Business News

April 21, 2020 No Responses

Bridgestone To Suspend Operations In Eleven Plants

Japanese tyremaker, Bridgestone Corp is to suspend operations at its 11 domestic plants, including 8 tyre factories, from late April to early May to cope with dwindling demand due to the coronavirus pandemic.The world’s biggest tyremaker will shut the 8 tyre plants between...

April 21, 2020 No Responses

Uwatse Mourns Anumudu, Commiserates With Family, Friends

The Chairman, Weststar Associates Limited, authorized General Distributor of Mercedes-Benz in Nigeria, Benson Uwatse has condoled with the family and friends of William Anumudu, who died on Tuesday at the age of 6...

April 21, 2020 No Responses

Buhari Loses Personal Bodyguard

The Presidency on Tuesday announced the death of one of President Muhammadu Buhari’s bodyguards, Warrant Officer Lawal Mato, Malam Garba Shehu, the President’s Senior Special Assistant on Media and Publicity, who confirmed this in a statement in Abuja, sai...

April 20, 2020 No Responses

FBN Holdings Explains N4.3trillion Deposits, N28.7billion Profit In Q1

By citybusinessnews@yahoo.com For the First Quarter ended March 31st, 2020, FBN Holdings attained Customer Deposits of ₦4.3 trillion, up 6.7% when compared to the ₦4.0 trillion recorded in December 2019. In...

April 20, 2020 No Responses

Cross River Test-Runs Cable-Car

In a bid to revive the Obudu Ranch Resort, the Government of Cross River has carried out repairs and maintenance of the cable-car at the resort. Mr Bobby Ekpeyong, the Special Adviser to the Governor on Obudu Ranch Resort, during...

April 20, 2020 No Responses

COVID-19: FRSC Begins Production, Distribution Of Customised Face Masks

The Federal Road Safety Corps (FRSC), has commenced the production and distribution of customised face masks for its personnel across the country. The Corps Public Education Officer (CPEO), Mr Bisi Kazeem disclosed this in a statement on Monday. Kazeem said...

April 20, 2020 No Responses

Covid-19: Alapomu Of Apomuland Kick Starts Distribution Of Relief Materials

Oba Kayode Adenekan Afolabi, the Alapomu of Apomu has kick started the distribution of food materials in Apomu, headquarters of Isokan local government, State of Osun.The relief packages were donated by Alapomu and concerned indigenes of Apomuland.The donation...

April 20, 2020 No Responses

DiamondXtra: Access Bank To Reward Customers

Access Bank Plc is set to splash millions of Naira on lucky customers who will emerge winners in the forthcomingDiamondXtra monthly draw scheduled to take place on Wednesday, May 13, 2020. According to Adaeze Ume, Group Head, Retail Products and Seg...

April 20, 2020 No Responses

Covid-19: Dana Air To Keep Middle Seats Empty

In line with the social distancing guideline on Covid-19, Dana Air on Monday announced that it will keep the middle seats on all its aircraft empty upon resumption of flights. The Accountable Manager of Dana Air, Obi Mbanuzuo, said Dana Air wil...

April 20, 2020 No Responses

Market Indicators Resume Week With 0.01% Loss

Activities on the Nigerian Stock Exchange (NSE) opened for the week on Monday with a marginal drop of 0.01 per cent. Speficially, the All-Share Index lost 1.18 points or 0.01 per cent to close at 22,920.41 from the 22,921.59 achieved...

April 17, 2020 No Responses

Edo Rallies Danjuma, Okunbor, Bello-Osagie, Ikazoboh, Others For COVID-19 Fundraising

The Edo State Government has constituted diaspora and domestic-based fundraising committees made up of illustrious indigenes, corporate organisations as well as religious and traditional rulers, to support the state’s response in checking the spread of c...

April 17, 2020 No Responses

Shippers’ Council Suspends Demurrage Charges

The Nigerian Shippers’ Council (NSC) on Friday directed shipping companies to suspend demurrage charges during the period of COVID-19 lockdown. In a statement issued on Friday, the management of NSE explained that the suspension applies to cargo that is disc...

April 17, 2020 No Responses

FRSC Boss Tasks Commanders On Enforcement Of Restrictions

The Corps Marshal, Federal Road Safety Corps, (FRSC) Dr Boboye Oyeyemi has directed Sector Commanders in FCT and Lagos State to work with their respective state authorities to ensure effective mobile court operations for violators of the Presidential order. Oy...

April 17, 2020 No Responses

FBN Holdings Emerges Most Active Stock With 47.69m Shares

Again, FBN Holdings on Friday emerged the most active stock on the floor of Nigerian Stock Exchange (NSE), exchanging 47.69 million shares worth N219.71 million. FBN Holdings had on Wednesday topped activity chart with 74.758 shares valued at N354.24mill...