City BusinessNews Archives — Page 256 of 369

April 22, 2020 No Responses

Lagos Increases Hazard Allowance Of Health Workers To N25, 000

Governor Babajide Sanwo-Olu of Lagos State has approved an increase in the hazard allowance of health workers in the state public service from N5,000 to N25,000. Sanwo-Olu, through a tweet by Senior Special Assistant to the Governor on New Media,...

April 22, 2020 No Responses

Tinubu Mourns Akinjide

National Leader of All Progressives Congress, (APC) Sen. Bola Tinubu has condoled with the family of one-time Minister of Justice, Chief Richard Akinjide, over his demise. Tinubu, in a condolence message by his media officer, Mr Tunde Rahman, in Lagos,...

April 21, 2020 No Responses

COVID-19: Capital Market Support Committee To Raise N1b

In a bid to support the fight against COVID-19 and its impact on the Nigerian economy, the capital market community has launched an initiative with the aim of raising N1bn within the shortest possible time. This was stated by the...

April 21, 2020 No Responses

Coca-Cola Projects 25 Per Cent Drop In Sales

Coca-Cola saw sales volumes of its soft drinks decline by a quarter so far in April, as people stay home to help stem the contagion of the new coronavirus. Consumers appear to have stocked up on drinks to consume at...

April 21, 2020 No Responses

COVID-19: Oyakhilome Foundation Innercity Missions Supports Lagos With Food Items

The InnerCity Mission for Children, a non-governmental organization under the auspices of the Chris Oyakhilome Foundation International, has donated food items to the Lagos state government to help soften the effects of the compulsory lockdown in the state whi...

April 21, 2020 No Responses

Auto Journalists Mourns Anumudu, Globe Motors Chairman

The Nigeria Auto Journalists Association (NAJA) has received with shock, the news of the death of William Anumudu, Chairman/CEO of Globe Motors Holdings Limited, one of the biggest automobile franchise owners including Mercedes, Toyota, Hyundai and the Higer b...

April 21, 2020 No Responses

Fish Farmers Seek Govt’s Intervention Against Price Hike

The Kwara Fish Farmers Association has warned that the price of fish may rise soon if Governnment fails to give Foreign Exchange to importers. The acting chairman of the association in the state, Mr Buhari Sulyman gave the warning in...

April 21, 2020 No Responses

Bridgestone To Suspend Operations In Eleven Plants

Japanese tyremaker, Bridgestone Corp is to suspend operations at its 11 domestic plants, including 8 tyre factories, from late April to early May to cope with dwindling demand due to the coronavirus pandemic.The world’s biggest tyrem...

April 21, 2020 No Responses

Pirates Kidnap Eight Container Crew Members In Cotonou

Eight crew members of the Portuguese-flagged containership, Tommi Ritscher are believed to have been taken by a group of pirates that boarded the ship on April 19, 2020 while the vessel was within the Cotonou anchorage area, West Africa. The...

April 21, 2020 No Responses

Nigeria Extends Closure Of Airports, Records 665 COVID-19 Cases

The Nigerian Government on Monday announced the extension of the closure of airports in the country by two weeks. Minister of Aviation, Hadi Sirika, who disclosed this on Monday, said the decision was due to the coronavirus pandemic. He tweeted,...

April 21, 2020 No Responses

JAMB Releases 2019 Provisional Admission List

The Joint Admissions and Matriculation Board (JAMB), has published the 2019 provisional matriculation list of admitted candidates on the official website of the board. The board disclosed this in its weekly bulletin made available to the News Agency of Nigeria...

April 21, 2020 No Responses

Lagos Lauds Ecobank’s Support For Relief Efforts

The Lagos State Governor, Babajide Sanwo- Olu has commended Ecobank Nigeria for donating food items to support the state government’s relief efforts to mitigate the effects of the lockdown on citizens due to the coronavirus. The Lagos State Commissione...

April 21, 2020 No Responses

Trump To Suspend All Immigration To US

United States President, Donald Trump has said he will sign an executive order to temporarily suspend all immigration to the US to fight the coronavirus. On Twitter, he cited “the attack from the Invisible Enemy”, as he calls coronavirus, “as...

April 20, 2020 No Responses

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...