Tag: City BusinessNews

16 Seafarers Kidnapped In Lagos, Gabon
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...
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FRSC Boss Tasks Operatives On Partial Easing Of Lockdown
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...
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Mutual Benefits Assurance Pays N399m Claims Amidst Lockdown
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...
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Fidelity Bank Reassures Customers, Staff Of Safety As Shareholders Okay N5.79b Dividend
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...
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Ecobank Pledges Improved Customer Satisfaction
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...
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Shell: Dead Fishes Along Niger Delta Coastline Not Related To Our Operations
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...
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Driver Bags Death Sentence For Murder In First Virtual Court Sitting In Lagos
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....
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Doctors Begin Warning Strike In Ogun
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’...
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Hyundai Opens More Factories, Exports 1,341 Units
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...
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FRSC Warns Motorists Against Flouting Overloading Order
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...
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CBN, Bankers’ Committee Halt Sack Of Banks’ Staff
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....
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CRFFN To Freight Forwarders: Don’t Embark On Strike
May 4, 2020 No Responses

CRFFN To Freight Forwarders: Don’t Embark On Strike

The Council for the Regulation of Freight Forwarding in Nigeria (CRFFN) on Sunday in Lagos urged freight forwarders to suspend their strike. The appeal is contained in a letter by Mr Sam Nwakohu, Registrar/Chief Executive Officer of CRFFN, to heads...
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Nigeria Records 170 New Cases Of Coronavirus
May 4, 2020 No Responses

Nigeria Records 170 New Cases Of Coronavirus

The Nigeria Centre for Disease Control (NCDC) on Sunday recorded 170 new cases of Coronavirus (COVID-19), in the country, bringing the total number of infections in Nigeria to 2558. The NCDC also said that two new patients have been confirmed...
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Osinbajo: Local Content In Construction, Other Sectors Key To Sustaining Economy
May 3, 2020 No Responses

Osinbajo: Local Content In Construction, Other Sectors Key To Sustaining Economy

Vice President Yemi Osinbajo says prioritising use of local resources and creating local jobs in the construction and allied industry, among others, will be critical in sustaining the economy in the post COVID-19 era.Osinbajo’s spokesman, Laolu Akande, in a ...
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