yetty, Author at City Business News

May 8, 2020 No Responses

Group Tasks NIMASA, NESREA, Others On Cause Of Dead Fishes Along Coastline

Stakeholders in the Niger Delta have called on regulatory agencies to expedite investigations into the dead fishes littering the Atlantic Ocean coastline. The stakeholders made the call in a report titled “Massive Death of Fishes across the Atlantic Coastline of...

May 8, 2020 No Responses

Lagos Predicts 120,000 Confirmed Coronavirus Cases By July

The Commissioner for Health in Lagos State, Prof. Akin Abayomi, says the state may record between 90,000 and 120,000 confirmed cases of COVID-19 (Coronavirus) by July. Abayomi, who made this known during a media briefing on COVID-19 update on Friday...

May 8, 2020 No Responses

Lufthansa To Double Schedule In June

Germany’s Lufthansa on Friday said it would roughly double its schedule in June, putting 160 planes into the air to carry passengers to 106 domestic and foreign destinations, the airline announced from its Frankfurt Headquarters.Lufthansa, along with its sub...

May 8, 2020 No Responses

Balogun Retires From Lafarge Africa As Chairman

Lafarge Africa on Friday announced the retirement of Mr Mobolaji Balogun as the chairman of the company effective June 4. The company said this in a statement by Mrs Folashade Ambrose-Medebem, Director, Communications, Public Affairs and Sustainable Developmen...

May 8, 2020 No Responses

Imumolen Joins World Presidential Civility Club

A social entrepreneur based in Lagos, Nigeria, Dr. Christopher Imumolen was recently named the newest Ambassador to be inaugurated into the World Presidential Civility Club. According to a statement from the organization, Dr Imumolen will be working with Wo...

May 8, 2020 No Responses

COVID-19: SIFAX Group Boss Lists Recovery Strategies For Businesses

In order for businesses to survive the current economic crunch as a result of the COVID-19 pandemic, a comprehensive review of business processes and operations as well as willingness to adapt to new realities will be key. According to Mr....

May 8, 2020 No Responses

NSE Ranks Second In Bloomberg’s Best Performing Indexes

Despite the global Coronavirus (COVID-19) pandemic,the Nigerian Stock Exchange (NSE) has continued to enjoy significantly rallies in recent weeks. As the Exchange sustains remote trading, free flow of information and vibrant market activity, the index ha...

May 7, 2020 No Responses

NSE Boosts Fight Against Coronavirus With N100m

The Nigerian Stock Exchange (NSE) has committed the sum of N100 million to support the fight against coronavirus pandemic in the country. The exchange explained in a statement on Thursday that N60 million out of the N100 million would be...

May 7, 2020 No Responses

Covid-19: Protecting Workers In The Workplace

COVID-19 lockdown and containment measures threaten to increase relative poverty levels among the world’s informal economy workers by as much as 56 percentage points in low-income countries, says a new briefing paper issued by the International Labour...

May 7, 2020 No Responses

Lockdown: FRSC Deploys 13 Patrol Vehicles In Kwara

The Federal Road Safety Corps (FRSC) has deployed 13 patrol vehicles for enforcement of COVID-19 lockdown regulations in Kwara State. The FRSC Sector Commander, Mr Jonathan Owoade, disclosed this to the News Agency of Nigeria (NAN) in Ilorin on Thursday....

May 7, 2020 No Responses

UNECA: Africa Will Lose $65b To Full Lockdown

Mr Stephen Karingi, Director, Regional Trade and Integration, United Nations Economic Commission for Africa (UNECA), says African economy will lose 65 billion dollars if there is a full lockdown of the continent due to COVID-19.Karingi said this during the Wor...

May 7, 2020 No Responses

Market Capitalisation Gains N110b

Activities on the Nigerian Stock Exchange (NSE) remained upbeat on Thursday with the market capitalisation improving further by N110 billion following gains in Nestle and Dangote Cement. Consequently, the market capitalisation which opened at N12.582 trillion ...

May 7, 2020 No Responses

Ecobank Nigeria Opens More Branches, Urges Customers To Obey COVID-19 Rules

Ecobank Nigeria has encouraged its customers to obey COVID-19 rules, emphasizing the importance of social distancing to check the spread of the Coronavirus, especially when visiting the branches. The bank which gave this advice in a mail to customers als...

May 6, 2020 No Responses

Airline Operators Fault FG’s Engagement Of Foreign Carriers For Evacuation

The Airline Operators of Nigeria (AON) on Wednesday faulted the decision by the Federal Government to engage foreign airlines for the evacuation of Nigerians abroad. Chairman of AON, Capt. Nogie Meggison in a statement explained that government’s ...