yetty, Author at City Business News

April 2, 2020 No Responses

Customs Hands Over N.84m Hemp To NDLEA

The Nigeria Customs Service (NCS), in Bauchi on Thursday handed over 40 bags of Indian hemp it confiscated from fleeing suspects to the National Drug Law Enforcement Agency (NDLEA), for custody and investigation.Speaking at the hand over ceremony in Bauchi,...

April 2, 2020 No Responses

Coronavirus: Kenya Frees 4,800 Prisoners

Kenya’s Judiciary said on Thursday it has released 4,800 prisoners, who are serving sentences for petty offences to help contain the spread of the novel coronavirus in the country.David Maraga, Chief Justice, said the prisoners, who were serving jail terms.....

April 2, 2020 No Responses

Sokoto Lauds DPR On Fuel Availability

Sokoto State Government on Thursday commended Department of Petroleum Resources (DPR) over fuel availability in the state and warned marketers against selling products above regulated price.Alhaji Chika Umar, Permanent Secretary, Ministry of Commerce made the ...

April 1, 2020 No Responses

SEC Nigeria To Firms: Publish Impact Of COVID-19 On Businesses

The Securities and Exchange Commission (SEC) has called on public companies to publish the impact of coronavirus on their business operations.SEC, in acircular dated March 31, and released in Abuja on Wednesday, advised the companies to publish the information...

April 1, 2020 No Responses

COVID-19: Ikeja Electric Suspends Disconnection For Non-Paying Customers

Non-Paying customers within Ikeja Electric Plc franchise network will not be disconnected during the two-week stay-at-home period enforced by the government to curb the spread of COVID-19.According to the Disco, the decision to suspend all disconnection activi...

April 1, 2020 No Responses

NSE Resumes April Trading With 0.94% Loss

Activities opened for the month of April on Wednesday still on a bearish trend, with a loss of 0.94 per cent.The News Agency of Nigeria (NAN) reports that the All-Share Index (ASI) dipped199.93 points or 0.94 per cent to close...

March 31, 2020 No Responses

Auto Sector Faces Biggest Crisis In 13 Years

The automotive sector is facing its biggest challenge since the 2007-2009 financial crisis with 97% of light vehicle (LV) manufacturing plants in Europe and North America temporarily shut down.Already, key players in the sector are negotiating financial life l...

March 31, 2020 No Responses

Lagos Extends Annual Returns Filing Deadline

The Lagos State Internal Revenue Service (LIRS) has extended the deadline for filing of Annual Returns for Individual taxpayers, including self-employed persons, to May 31, 2020.The Chairman of LIRS, Mr Ayodele Subair, in a statement on Tuesday said that the.....

March 31, 2020 No Responses

Lockdown: DPR Warns Against Hoarding

The Department of Petroleum Resources (DPR) on Tuesday urged oil marketers to ensure distribution of petroleum products even with the stay at home order meant to check Coronavirus spread in the country.The DPR Abuja Zonal Director, Mr Buba Abubakar, gave...

March 31, 2020 No Responses

Kaigama Seeks Support For New Archbishop Of Jos

The Metropolitan Archbishop of Abuja Catholic Archdiocese, Most Rev. Ignatius Kaigama, has urged the government of Plateau, Catholic faithful and all citizens of the state to support the new Archbishop of Jos, Most Rev. Mathew Audu.Kaigama, who is the immediat...

March 31, 2020 No Responses

Prudential Zenith Life Insurance Rolls Out COVID–19 Services

In the face of the coronavirus pandemic and the resulting lockdown, Prudential Zenith Life Insurance is rolling out a range of services to help customers cope with the lockdown.The new services include a range of additional COVID-19 insurance cover enhancement...

March 20, 2020 No Responses

IOSCO Staff Tests Positive For Covid-19

The IOSCO General Secretariat on Friday confirms that a member of its staff at its headquarters in Madrid has tested positive for Covid-19.IOSCO explained that the individual is receiving medical treatment and “we wish our colleague a quick and full...

March 20, 2020 No Responses

Zenith General Insurance Partners MTN On Mobile Insurance Service In Nigeria

Zenith General Insurance Company Limited also known as Zenith Insurance has, in a trailblazing move, partnered with Telecommunications giant – MTN Nigeria to provide the first ever mobile insurance service in Nigeria.A statement explained that ssing the USSD...

March 20, 2020 No Responses

Electric Cars: NADDC Lauds Stallion Motors-Hyundai Initiative

By Moses Ebosele, ebosele@hotmail.com The Director General, National Automotive Design and Development Council (NADDC), Jelani Aliyu,MFR, has commended resolve by the management of Stallion Motors-Hyundai to introduce electric cars in Nigeria before the e...