yetty, Author at City Business News

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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,...

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...

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...

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...