City BusinessNews Archives — Page 248 of 369

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 Charleston...

May 5, 2020 No Responses

Nigeria Records 245 New Cases Of Coronavirus

The Nigeria Centre for Disease Control (NCDC) on Monday recorded 245 new cases of Coronavirus (COVID-19), bringing the total number of infections in Nigeria to 2802. The NCDC also said that six new patients have been confirmed dead to the...

May 5, 2020 No Responses

Nissan To Focus On US, Japan, China

Nissan Motor Co Ltd will pull back from Europe and elsewhere to focus on the United States, China and Japan under a plan that represents a new strategic direction for the embattled carmaker. According to Reuters, the “operational performance plan&#...

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

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 4, 2020 No Responses

Doctors Begin Warning Strike In Ogun

The Association of Resident Doctors (ARD) at the Olabisi Onabanjo University Teaching Hospital (OOUTH), Sagamu, Ogun State, is to commence a three-day warning strike on Monday over non-implementation of its demands by the State Government. The Doctors’...

May 4, 2020 No Responses

Hyundai Opens More Factories, Exports 1,341 Units

Amidst lockdown due to the coronavirus pandemic, South Korean carmaker, Hyundai Motor registered exports sales of 1,341 units in the month of April 2020 in India. According to the company, “The export shipping was conducted by adhering to all guideline...

May 4, 2020 No Responses

FRSC Warns Motorists Against Flouting Overloading Order

The Itori Unit Command of the Federal Road Safety Corps (FRSC) in Ogun State has warned motorists against flouting the overloading order. The Itori Unit Commander of FRSC, Mr Sunday Oko, gave the warning in an interview with the News...

May 4, 2020 No Responses

CBN, Bankers’ Committee Halt Sack Of Banks’ Staff

The Central Bank of Nigeria (CBN) and Bankers’ Committee on Sunday suspended retrenchment or laying-off of any staff of banks, whether full or part time. The CBN Director, Corporate Communications Department, Mr Isaac Okorafor made this known in a statement....