City BusinessNews – Page 374 – City Business News

May 1, 2020 No Responses

UNIBEN Clarifies Directive On Resumption

The Management of the University of Benin (UNIBEN) has advised members of staff to continue to work from home until further directive from the Ministry Education. This is contained in a statement by the institution’s Public Relations Officer, Dr Benedicta...

May 1, 2020 No Responses

UBA Delivers Impressive Returns on Investment, as Shareholders Applaud Bank’s Support in Fight against COVID-19

Leading African financial institution, United Bank for Africa Plc (UBA) held its Annual General Meeting virtually by proxy on Wednesday, April 29, 2020 – a first in UBA’s seventy-one year history. The meeting, which had in attendance shareholders, manageme...

May 1, 2020 No Responses

Atiku Eulogies Health Workers

As Nigeria joins the rest of the world to mark Workers Day, former Vice, President, Atiku Abubakar, has commended health workers leading the battle to contain the spread of Coronavirus (COVID-19) in the country. Workers Day is celebrated on May...

May 1, 2020 No Responses

Nigeria Records 204 New Cases Of Coronavirus

The number of coronavirus cases in Nigeria has reached 1,932, as 204 new cases were recorded in some states of the federation, according to the country’s disease control centre. The Nigeria Centre for Disease Control (NCDC) also confirmed seven new...

May 1, 2020 No Responses

Lagos Issues Fresh Guidelines For Public Transport Operations

The Lagos State Government on Thursday issued fresh guidelines for public transport operations in the state as part of the controlled measures to ease the lockdown over COVID-19 pandemic. The state Commissioner for Transportation, Dr Frederic Oladeinde, releas...

May 1, 2020 No Responses

Singapore Unveils $27m Maritime Support Package

The Maritime and Port Authority of Singapore (MPA) revealed it would provide further financial support to the maritime industry in the wake of the global COVID-19 outbreak. As informed, the MaritimeSG Together Package will take effect from 1 May 2020....

April 30, 2020 No Responses

3,256 Benefits From CBN N50b COVID-19 Credit Facility

No fewer than 3,256 individuals and small businesses have so far benefited from the Central Bank of Nigeria’s (CBN) N50 billion Targeted Credit Facility (TCF) to cushion effects of COVID-19. The Managing Director of Nigeria Incentive-Based Risk Sharing Syste...

April 30, 2020 No Responses

NSE Reiterates Commitment To Business Opportunities, Market Sustainability

The Nigerian Stock Exchange (NSE) has pledged to sustain market activities, leverage all available opportunities and maintain open lines of communication to all stakeholders. Chief Executive Officer of NSE, Oscar N. Onyema in an interview published...

April 30, 2020 No Responses

Zenith Bank Declares N166.8b Gross Earnings In Q1

Zenith Bank Plc has announced its unaudited results for the first quarter ended March 31 2020, with gross earnings rising by 6% from N158.1 billion in March 2019 to N166.8 billion. From the unaudited statement of account which was presented...

April 30, 2020 No Responses

Terminal Development Suspended As COVID-19 Persist

The Port of Seattle has delayed the development of the proposed Terminal 46 cruise terminal as it needs to investigate the impact of the coronavirus pandemic on the market before proceeding. The cruise industry has been severely impacted by the...

April 30, 2020 No Responses

Ecobank Records Increase In Customers Adoption Of Digital Channels,Posts $90m PBT In Q1

For the first quarter ended March 31, 2020, Ecobank recorded significant increases in customer adoption rates on its digital/online channels. According to the Bank, adoption rates are expected to accelerate as COVID-19 induced lockdowns change...

April 30, 2020 No Responses

COVID-19: First Bank Supports Cross River With N30m

In a bid to curb the spread of COVID-19 in Cross River, First Bank Nigeria, on Thursday donated the sum of N30 million to the state government. The cheque was presented by the South-South Business Manager of the bank, Mr...

April 30, 2020 No Responses

Kaigama Harps On Equity In Distribution Of Palliatives

Most Rev. Ignatius Kaigama, the Archbishop of Abuja Catholic Archdiocese, has emphasised on equity in the distribution of palliatives by the three tiers of government to ensure most Nigerians benefit, especially the vulnerable group. Kaigama, in an interview w...

April 30, 2020 No Responses

Nigeria To Decontaminate 123 Aircraft, 13 Airports

As part of measures to curb the spread of Coronavirus (COVID-19), Nigeria is to decontaminate not less 123 aircraft and 15 airports. Already, two of the aircraft have been decontaminated, Environment Minister, Muhammad Mahmood said in Abuja on Wedn...