yetty, Author at City Business News

June 29, 2020 No Responses

Cutix, Okomu Oil Top Gainers’ Table As Market Capitalisation Records N15b Growth

Activities on the Nigerian Stock Exchange (NSE) resumed on Monday for the week on a positive note with key indicators improving by 0.12 per cent. Specifically, the All-Share Index (ASI) increased by 29.87 points, indicating a growth of 0.12 per...

June 26, 2020 No Responses

Nigeria Issues Red Alert On Substandard Toyota Engine Oil

The Standards Organisation of Nigeria (SON) has raised a red alert on the discovery of suspected substandard Toyota brand of engine oil in the Nigerian market. In a statement on Friday, SON Director-General, Osita Aboloma, explained that the suspected substand...

June 26, 2020 No Responses

FRSC Unveils COVID-19 Enlightenment kiosks, Flyers In Lagos, Ogun

The Federal Road Safety Corps (FRSC) RS 2 Command, Lagos on Friday organised a media launch and public presentation of the FRSC COVID-19 Public Enlightenment Kiosks and Flyers in Ogun and Lagos States. The News Agency of Nigeria (NAN) reports...

June 26, 2020 No Responses

Airtel Africa, Nestle Top Gainers’ Table As Market Capitalisation Recovers N107b

After days of bearish trend, transactions rebounded on the Nigerian Stock Exchange (NSE) on Friday with the market capitalisation increasing by N107 billion, The market capitalisation closed at N12.952 trillion, compared with N12.845 trillion achieved on Thurs...

June 26, 2020 No Responses

Ikeja Electric Begins Implementation Of New Tariff July 1

Ikeja Electric Plc (IE) is to begin implementation of its revised electricity tariff from July 1, 2020. A statement issued on Friday by Head of Corporate Communications, Mr Felix Ofulue explained that the new tariffs, which are service reflective, are end-u...

June 26, 2020 No Responses

First Bank Empowers Women Through First Gem online Community

First Bank of Nigeria Limited has unveiled all-female online community www.firstgem.com.ng, offers mentoring, support and capacity building opportunities for all to create a new generation of financially literate women. With the aim to increase its engagement...

June 26, 2020 No Responses

Jamoh: Policies Underway To Improve Seafarers‘ Training, Certification, Renumeration

Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh, has disclosed that there are policies in the pipeline to improve the quality of training and certification, as well as remuneration for the country’s seafa...

June 25, 2020 No Responses

Customs Impounds 2,682 Bags Of Rice, 3,122 Live Ammunition, Others

The Nigeria Customs Service (NCS), Federal Operating Unit (FOU), Zone C, Owerri, Imo State has confiscated contrabands worth N442.5 million. NCS Controller in Imo, Mr Kayode Olusemire, made the disclosure while displaying the seized items on Thursday in ...

June 25, 2020 No Responses

Dana Air Demonstrates Readiness To Resume Flight Operations

Ahead of flight resumption, Nigerian carrier Dana Air on Wednesday carried out a dry run at the Murtala Muhammed Airport 2 (MMA2) and shakedown flights from Lagos to Port Harcourt and back. According to a statement by the airline’s Media and...

June 25, 2020 No Responses

REC: Nine Political Parties Conclude Primaries In Edo

The Resident Electoral Commissioner (REC) in Edo, Mr Johnson Alalibo, said nine political parties have so far concluded their party primaries and set to contest the forthcoming governorship election scheduled for Sept. 19, in the state. Alalibo disclosed this ...

June 25, 2020 No Responses

Sabrud Consortium Seeks Special Forex Regime For Meter Manufacturers

Sabrud Consortium, an indigenous electricity prepaid metre manufacturing firm, has urged the Federal Government to grant special forex regime to the sector. It also applauded the upward review of metre prices by Nigerian Electricity Regulatory Commission (NERC...

June 25, 2020 No Responses

Toyota Explains $293m Stake In Uber

Toyota Motor Corp holds a $293 million stake in Uber Technologies, as it partners with the ride-hailing company to further expand into new mobility services, Toyota’s latest corporate governance report has revealed.The Japanese automaker has al...

June 25, 2020 No Responses

NIS Recruitment: Court Discharges Ex-Minister, Abba Moro

The Federal High Court, Abuja, on Thursday, discharged former Minister of Interior, Sen. Abba Moro, of the criminal charges brought against him by the Economic and Financial Crimes Commission (EFCC) in the 2014 Nigeria Immigration Service (NIS) recruitment tra...