yetty, Author at City Business News

May 2, 2020 No Responses

Buhari Lauds Media Over Fight Against COVID-19

President Muhammadu Buhari has commended the role of the Nigerian media in keeping people informed and educated on the pernicious Coronavirus pandemic in the country. The President gave the commendation in a statement by his spokesman, Mr Femi Adesina, in...

May 2, 2020 No Responses

Apapa Freight Shuttles Top Priority As NRC Resumes Monday

The Mass Transit Train Services (MTTS) in Lagos State will not resume yet in spite of the gradual easing of COVID-19 lockdown in the state, the Nigerian Railway Corporation (NRC) disclosed on Saturday. The Lagos Railway District Manager, Mr Jerry...

May 2, 2020 No Responses

Atiku Urges Prayers For Dokpesi, Family, Others

Former Vice President, Atiku Abubakar has urged Nigerians to pray for speedy recovery of the founder of Daar Communications PLC, Chief Raymond Dokpesi, members of his family, and all others who tested positive for COVID-19. Abubakar in a stat...

May 2, 2020 No Responses

COVID- 19: Withdraw Old Naira Notes, Group Tells CBN

The Association of Progressive Nigerians has appealed to the Central Bank of Nigeria (CBN) to withdraw old and tattered naira notes from circulation as the country is battling COVID- 19 pandemic. The group made the appeal in a statement it...

May 1, 2020 No Responses

NECA Faults FIRS’ Call For Advance Tax Payment

The Nigeria Employers’ Consultative Association (NECA) has faulted the Federal Inland Revenue Service (FIRS)’s request asking companies to pay their taxes in advance. Its Director-General, Mr Timothy Olawale, who expressed the concern in a statement on Fri...

May 1, 2020 No Responses

Global e-Commerce Hits $25.6trillion

E-commerce sales hit $25.6 trillion globally in 2018, up 8% from 2017, according to the latest available estimates released on Friday by the UN’s trade and development body, UNCTAD, at the start of its UNCTAD eWeek event. The online event will...

May 1, 2020 No Responses

Lagos Celebrates Health Workers

The Lagos State Government on Friday paid special tribute to health workers for their unrelenting efforts in the cause of fighting the coronavirus pandemic. Lagos State Governor, Mr Babajide Sanwo-Olu gave the commendation at the State House, Marina, during th...

May 1, 2020 No Responses

Skoda Begins Online Booking For Entire Product Portfolio

Skoda Auto has announced that it will provide online booking platform for its entire product line-up in India.According to Skoda, the venture is supported by a robust consultation programme and integrates over 80 dealership touchpoints of the Czech ...

May 1, 2020 No Responses

UNIBEN Clarifies Directive On Resumption

The Management of the University of Benin (UNIBEN) has advised members of staff to continue to work from home until further directive from the Ministry Education. This is contained in a statement by the institution’s Public Relations Officer, Dr Benedicta...

May 1, 2020 No Responses

Maritime Workers To Resist Pay Cut,Lockdown Period As Annual Leave

Maritime Workers Union of Nigeria (MWUN) will not accept pay cut from the management of any maritime company, President-General, Mr Adewale Adeyanju, has said. In his May Day speech, Adeyanju said members of the union would not also accept the...

May 1, 2020 No Responses

UBA Delivers Impressive Returns on Investment, as Shareholders Applaud Bank’s Support in Fight against COVID-19

Leading African financial institution, United Bank for Africa Plc (UBA) held its Annual General Meeting virtually by proxy on Wednesday, April 29, 2020 – a first in UBA’s seventy-one year history. The meeting, which had in attendance shareholders, manageme...

April 30, 2020 No Responses

3,256 Benefits From CBN N50b COVID-19 Credit Facility

No fewer than 3,256 individuals and small businesses have so far benefited from the Central Bank of Nigeria’s (CBN) N50 billion Targeted Credit Facility (TCF) to cushion effects of COVID-19. The Managing Director of Nigeria Incentive-Based Risk Sharing Syste...

April 30, 2020 No Responses

NSE Reiterates Commitment To Business Opportunities, Market Sustainability

The Nigerian Stock Exchange (NSE) has pledged to sustain market activities, leverage all available opportunities and maintain open lines of communication to all stakeholders. Chief Executive Officer of NSE, Oscar N. Onyema in an interview published...

April 30, 2020 No Responses

Zenith Bank Declares N166.8b Gross Earnings In Q1

Zenith Bank Plc has announced its unaudited results for the first quarter ended March 31 2020, with gross earnings rising by 6% from N158.1 billion in March 2019 to N166.8 billion. From the unaudited statement of account which was presented...