yetty, Author at City Business News

May 5, 2020 No Responses

SEC Nigeria To Investors: Explore Opportunities In Capital Market

As the Coronavirus pandemic continues to ravage the world and businesses and individuals suffer the effects, Nigerians have been urged to look to the capital market as an avenue to create wealth. This was stated by the Acting Director General...

May 5, 2020 No Responses

UK Overtakes Italy As Worst-Hit Country In Europe

Britain has overtaken Italy as the worst-hit country in Europe by the novel coronavirus, according to the latest official figures released on Tuesday. Chairing Tuesday’s Downing Street press briefing, Foreign Secretary, Dominic Raab, said another 693 COVID-1...

May 5, 2020 No Responses

Seaport Gets New Stevedoring Firm

Marine Terminals Corporation (Ports America), Ceres Marine Terminals and SSA Atlantic LLC have formed a joint venture company to provide container terminal and stevedoring services in the Port of Charleston in South Carolina. The new joint venture, known as Ch...

May 4, 2020 No Responses

16 Seafarers Kidnapped In Lagos, Gabon

Over the past five days, a total of 16 seafarers were kidnapped by pirates off the coast of West Africa, marking a continuation of rampant pirate activity in the region. Ten mariners were kidnapped in an attack reported by Dryad...

May 4, 2020 No Responses

Wapic Insurance Unveils 15% Premium Rebates For Health Workers

Following it’s recent announcement giving premium refunds to customers with active motor vehicle policies during the lockdown period, Wapic Insurance, one of Nigeria’s leading underwriters, has gone further to offer health workers across Nigeria a 15% disc...

May 4, 2020 No Responses

FRSC Boss Tasks Operatives On Partial Easing Of Lockdown

The Corps Marshal, Federal Road Safety Corps, Dr Boboye Oyeyemi has charged operatives of the Corps to eschew any form of compromise and carryout with all sense of responsibility and vigour the Presidential directives on partial easing of lockdown effective...

May 4, 2020 No Responses

Mutual Benefits Assurance Pays N399m Claims Amidst Lockdown

Mutual Benefits Assurance Plc on Monday said it had paid claims of over N399 million to customers across its businesses amidst COVID-19 lockdown. The company made the disclosure in Lagos in a statement by Ellen Offo, its Head of Corporate...

May 4, 2020 No Responses

Fidelity Bank Reassures Customers, Staff Of Safety As Shareholders Okay N5.79b Dividend

Fidelity Bank says it will continue to take measures that will ensure the safety of customers, staff and other stakeholders during the period of COVID-19. The bank, in a statement on Monday, said its Chairman, Mr Ernest Ebi, gave the...

May 4, 2020 No Responses

Ecobank Pledges Improved Customer Satisfaction

Group Chief Executive Officer of Ecobank Bank Transnational Incorporated, Mr. Ade Ayeyemi, has said the focus of the bank is on making sure that it meets the needs of customers despite the pandemic, while also ensuring their wellbeing and safety...

May 4, 2020 No Responses

Shell: Dead Fishes Along Niger Delta Coastline Not Related To Our Operations

The Shell Petroleum Development Company (SPDC) said on Monday that the dead fishes floating the Niger Delta coastline had nothing to do with its operations. Residents along the Atlantic coastline in Delta, Bayelsa, Rivers and Akwa Ibom have reported massive...

May 4, 2020 No Responses

Driver Bags Death Sentence For Murder In First Virtual Court Sitting In Lagos

Justice Mojisola Dada of an Ikeja High Court has sentenced a driver, Olalekan Hameed, to death by hanging in the first virtual court sitting held by a Lagos court as part of social distancing measures to combat the COVID-19 pandemic....

May 2, 2020 No Responses

Nigeria Orders Release Of 17,500mt Of Grains From Food Reserve

The Federal Government has directed the release of about 17,500 metric tonnes of assorted grains from Yola National Food Reserve site for distribution as palliatives to Nigerians.Mr Haruna Sulaiman, Director, National Food and Strategic Reserve said this while...

May 2, 2020 No Responses

Lagos To Sanction Non-Compliant Boat Operators

The Lagos State Waterways Authority (LASWA) says no boat operator will be allowed on waterways without strict compliance to the new water transport guidelines to contain spread of COVID-19 pandemic. The General Manager of LASWA, Mr Oluwadamilola Emmanuel, who ...