Nigeria Archives — Page 324 of 669

April 2, 2020 No Responses

BoI Declares N39.33b Profit, Raises $1.11b To Boost Operations

For the financial year ended December 31, 2019, the Bank of Industry (BoI) recorded a profit before tax of N39.33 billion. According to the Bank, the profit represent growth of 7.2 per cent when compared with ₦36.66 billion achieved in...

April 2, 2020 No Responses

COVID-19 Relief Fund Hits N15b

The Central Bank of Nigeria (CBN) on Wednesday disclosed that monetary contributions to its relief fund under the auspices of Private Sector Coalition Against COVID-19 (CACOVID) stood at N15 Billion. CBN Director of Corporate Communications, Isaac Okorafor, ex...

March 31, 2020 No Responses

Oil Price Drops To Lowest Level In 18 years

The price of oil has sunk to levels not seen since 2002 as demand for crude collapses amid the coronavirus pandemic. Brent crude fell to $22.58 (£18.19) a barrel at one point on Monday, its lowest level since November 2002....

March 31, 2020 No Responses

COVID-19: FirstBank Donates N1billion

First Bank of Nigeria Limited has announced the donation of N1 billion toward the joint effort by the Nigerian Private Sector Coalition Against COVID-19 (CACOVID). The bank’s Chief Executive Officer, Dr Adesola Adeduntan, made this known in a statement in...

March 31, 2020 No Responses

UBA Presents N28.5m To Nasarawa

The United Bank for Africa (UBA), through the UBA Foundation, has donated N28.5 million to the Nasarawa State Government, as the bank’s contribution towards the fight against the coronavirus pandemic. Mr Danjuma Salihu, Regional Head, UBA North Central, pres...

March 31, 2020 No Responses

FRSC Shutdown Driver’s License Capture Centres

The Corps Marshal, Federal Road Safety Corps, (FRSC), Dr Boboye Oyeyemi has ordered the shutdown of Driver’s License Database (DCLs) Nationwide with immediate effect. The Corps Public Education Officer (CPEO), Mr Bisi Kazeem, disclosed this in a statement on...

March 30, 2020 No Responses

Nigeria Bans International Vessels Without Thermal Screening Facilities

Nigerian Maritime Administration and Safety Agency (NIMASA) is to ban international vessels without thermal screening facilities. The Director General of NIMASA, Dr Bashir Jamoh, made this known in a statement on Sunday. Jimoh said that following the outbreak ...

March 30, 2020 No Responses

Ecobank Deploys N100m For COVID-19 Campaign

As part measures to check the rising spread of Corona Virus Disease (COVID-19),Ecobank Nigeria votes N100million to drive its National Radio Campaign tagged: “StaySafeNigeria”, In a statement on Sunday, the Bank explained that the campaign, which is a call...

March 30, 2020 No Responses

Buhari’s Address On COVID-19

ADDRESS BY H.E. MUHAMMADU BUHARI, PRESIDENT OF THE FEDERAL REPUBLIC OF NIGERIA ON THE COVID- 19 PANDEMIC SUNDAY 29TH MARCH, 2020 1. Fellow Nigerians, 2. From the first signs that Coronavirus, or COVID-19 was turning into an epidemic and...

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 B...

March 29, 2020 No Responses

Buhari Salutes Tinubu At 68

President Muhammadu Buhari has joined Nigerians and the All Progressives Congress (APC) in celebrating a former Governor of Lagos State and National Leader of the ruling party, Sen. Bola Tinubu, on his 68th birthday on March 29. The president’s congratulator...

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 28, 2020 No Responses

120 Benefits from Taiwo Afolabi Free Medical Outreach

A total of 120 persons have enjoyed free dental and medical care at the Taiwo Afolabi Free Rural Dental Outreach which was held at the popular Sango-Ojurin market in Ibadan recently. The beneficiaries included market men and women. A statement...

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...