FBN Holdings Explains N4.3trillion Deposits, N28.7billion Profit In Q1

FBN Holdings Explains N4.3trillion Deposits, N28.7billion Profit In Q1

By citybusinessnews@yahoo.com For the First Quarter ended March 31st, 2020,  FBN Holdings attained  Customer Deposits of ₦4.3 trillion, up 6.7%  when compared to the ₦4.0 trillion recorded in December 2019.   In its unaudited results announced on Monday, FBN Holdings explained that Gross Earnings for...
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Cross River Test-Runs Cable-Car

Cross River Test-Runs Cable-Car

In a bid to revive the Obudu Ranch Resort, the Government of Cross River has carried out repairs and maintenance of the cable-car at the resort. Mr Bobby Ekpeyong, the Special Adviser to the Governor on Obudu Ranch Resort, during...
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COVID-19: FRSC Begins Production, Distribution Of Customised Face Masks

COVID-19: FRSC Begins Production, Distribution Of Customised Face Masks

The Federal Road Safety Corps (FRSC), has commenced the production and distribution of customised face masks for its personnel across the country. The Corps Public Education Officer (CPEO), Mr Bisi Kazeem disclosed this in a statement on Monday. Kazeem said...
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DiamondXtra: Access Bank To Reward Customers

DiamondXtra: Access Bank To Reward Customers

Access Bank Plc is set to splash millions of Naira on lucky customers who will emerge winners in the forthcomingDiamondXtra monthly draw scheduled to take place on Wednesday, May 13, 2020.  According to Adaeze Ume, Group Head, Retail Products and Seg...
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Covid-19: Dana Air To Keep Middle Seats Empty

Covid-19: Dana Air To Keep Middle Seats Empty

In line with the social distancing guideline on Covid-19, Dana Air on Monday announced that it will keep the middle seats on all its aircraft empty upon resumption of flights.  The Accountable Manager of Dana Air, Obi Mbanuzuo, said Dana Air wil...
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Market Indicators Resume Week With 0.01% Loss

Market Indicators Resume Week With 0.01% Loss

Activities on the Nigerian Stock Exchange (NSE) opened for the week on Monday with a marginal drop of 0.01 per cent. Speficially, the All-Share Index lost 1.18 points or 0.01 per cent to close at 22,920.41 from the 22,921.59 achieved...
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NSC Deploys Staff To Terminals

NSC Deploys Staff To Terminals

The management of Nigerian Shippers’ Council (NSC) has assigned its officers to various shipping companies and terminals to assist in ensuring that all safety and health regulations are strictly complied with.  According to NSC, the development is i...
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COVID-19: Heritage Bank Adopts ‘Business Continuity Strategy ”

COVID-19: Heritage Bank Adopts ‘Business Continuity Strategy ”

Heritage Bank Plc has disclosed that the safety and wellbeing of its customers and employees are amongst the most pressing business needs, as the world grapple with the impact of the Coronavirus pandemic on human lives, businesses and economies. In...
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Coronavirus: Kano State Shuts Down Rice Mill

Coronavirus: Kano State Shuts Down Rice Mill

The Kano State Government has closed down Tiamin Rice Mill along Zaria Road due to complaints of air pollution. The notice is contained in a circular issued by the state Ministry of Environment and addressed to the Managing Director of...
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Lockdown: Martins Tasks Christians On Charity, Mercy

Lockdown: Martins Tasks Christians On Charity, Mercy

The Catholic Archbishop of Lagos, Most Rev. Adewale Martins, on Sunday urged Christians to show more love and mercy to their neighbours  this period of COVID-19 affliction on Nigeria. Martins explained in a sermon in Lagos that such acts would...
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Maritime Security: NAVY, NIMASA To Improve Information Sharing

Maritime Security: NAVY, NIMASA To Improve Information Sharing

The Nigerian Maritime Administration and Safety Agency (NIMASA) and the Nigeria Navy are set for a regime of improved information sharing as arrangements to integrate the Command, Control, Computer Communication and Information Centre, otherwise known as the C...
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Jaguar Land Rover Reports Drop In Sales

Jaguar Land Rover Reports Drop In Sales

Jaguar Land Rover (JLR) has reported a 12.1 per cent decline in retail sales at 5,08,659 units for the financial year 2019-20.  The company in a statement explained that total retail sales in the fourth quarter of the previous financial...
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Food Scarcity Looms In Nigeria

Food Scarcity Looms In Nigeria

An agriculture expert, Alhaji Ahmed Inusa-Adamu, has warned against impending food scarcity in Nigeria  as a result of low production of farm produce.   Inusa-Adamu has also advised the the Federal Government to take proactive measures and ensure tha...
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Ondo To Empower 15,000 Cassava Farmers

Ondo To Empower 15,000 Cassava Farmers

A firm, Klick Konnect Network International Limited, has partnered Ondo State government to empower 15,000 cassava famers and 300 women across the state. The News Agency of Nigeria (NAN) reports that the firm, which began operation in 2006 as a...
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