City BusinessNews Archives — Page 266 of 369

March 29, 2020 No Responses

FRSC Establishes Situation Room, Directs Commanders To Enforce Restrictions

By citybusinessnews@yahoo.com — The Federal Road Safety Corps (FRSC) has established a situation room in its Operations Department to receive reports from field commands on the CoronavirusDisease (COVID-19). Meanwhile, the Corps Marshal, Dr Boboye Oyeyemi, has directed the corps’ sector...

March 29, 2020 No Responses

First Bank: Our Branches Are Open Nationwide

Foremost financial institution, First Bank of Nigeria Limited, on Saturday, explained that following the directives for partial lockdown in several States across the country, the Bank will be offering skeletal services in some branches across the nation. A s...

March 29, 2020 No Responses

NNPC Assures Nigerians Of Steady Fuel Supply

The Nigerian National Petroleum Corporation (NNPC) has assured Nigerians of adequate fuel supply following implementation of sit-at-home order in some states to contain the spread of the COVID-19. Mr Mele Kyari, Group Managing Director, NNPC, who g...

March 29, 2020 No Responses

COVID-19: Kwara Lauds BUA, Elumelu, UBA

The Kwara State Government has commended Alhaji Abdulsamad Rabiu, Chairman, BUA Group; Chief Tony Elumelu, and the United Bank for Africa (UBA) for their financial support to strengthen the campaigns against the spread of Coronavirus (COVID-19) pandemic in the...

March 28, 2020 No Responses

NPA Donates 130-Bed Agura Hotel As Isolation Centre

By Moses Ebosele, ebosele@hotmail.com —- As Nigerians grapple with the challenges associated with Corona Virus Disease (COVID-19), the Nigerian Ports Authority (NPA) and other Shareholders have resolved to donate the fully furnished 130-be...

March 28, 2020 No Responses

FCTA Gets N500m Donation From UBA

The Federal Capital Territory Administration (FCTA), on Friday in Abuja received N500 million donation from the United Bank for Africa (UBA) to assist the Federal Government’s efforts to curb the Coronavirus (COVID-19) pandemic in the territory. The Vice Cha...

March 28, 2020 No Responses

Lagos Unveils Economic Stimulus, Targets 200,000 Households

Governor Babajide Sanwo-Olu of Lagos State has unveiled an economic stimulus package for the indigent and the most vulnerable in the society . This comes few days after a stay-at-home directive to residents in order to curtail the spread of...

March 28, 2020 No Responses

Americans To get $1,200 Each As Trump Signs Historic $2.2tri Financial Stimulus Bill

President Donald Trump on Friday signed the $2.2 trillion (N827 trillion) financial stimulus package to cushion the economic impact of the coronavirus pandemic in the United States. This came hours after the country’s House of Representatives approved the bi...

March 28, 2020 No Responses

Sterling Bank Declares N10.6b Profit In 2019

Sterling Bank Plc has reported an audited profit after tax (PAT) of N10. 6 billion on gross earnings of N150.2 billion for the year ended December 31, 2019, compared to a net profit of N9.2 billion in the corresponding period...

March 28, 2020 No Responses

Kia Appoints New President

The South Korean carmaker, Kia Motors Corporation on Friday appointed Ho-sung Song as the President of the organisation. Song who was earlier heading Global Operations Division will now spearhead the advancement of ‘Plan S’, the company’s mid- to long-te...

March 27, 2020 No Responses

Covid-19: Dana Air Offers FG Resources, Aircraft To Ferry Relief Materials

The management of Dana Air has offered its resources, aircraft and crew to assist Nigeria in the battle against Corona Virus Disease (COVID-19). The airline in a letter to the Minister of Aviation, Senator Hadi Sirika, expressed support to contribute...

March 27, 2020 No Responses

Covid-19: Kia Motors Factory To Produce Face Masks

South Korea’s Kia Motors Corporation is considering making face masks at its Chinese factory to help battle the spread of the coronavirus. The announcement follows a similar move by Fiat Chrysler, whose CEO Mike Manley said earlier this week that.....

March 27, 2020 No Responses

US Overtakes China With Most Coronavirus Cases

The United States now has more confirmed cases of coronavirus than any other country, with more than 85,500 positive tests. According to the latest figures collated by Johns Hopkins University, the US has overtaken China (81,782 cases) and Italy (80,589)...

March 27, 2020 No Responses

COVID-19: Pastors Chris, Benny Hinn Host World Largest Prayer Event

In a clear response to recent happenings across the globe, President, Loveworld Incorporated Reverend (Dr.) Chris Oyakhilome and Pastor Benny Hinn, have declared a Global Day of Prayer. This special prayer program is slated to hold Friday, March 27, 2020...