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Business and Economy

Sylva hands over ambulances to Sec. to Government of Federation … NNPC announces additional N10billion Petroleum Industry donation to fight pandemic

The Minister of State for Petroleum Resources, Chief Timipre Sylva, has handed over five ambulances to Secretary to Government of the Federation, cum Chairman of the Presidential Taskforce for the Control of Coronavirus (Covid-19), Boss Mustapha. A release Saturday in Abuja by the Nigerian National Petroleum Corporation (NNPC) Group General …

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COVID-19 Lockdown: NNPC commends Tanker Drivers for hitch-free distribution of products

The Nigerian National Petroleum Corporation (NNPC) has commended Petroleum Tanker Drivers (PTD) for their sacrifice ferrying petroleum products across the nooks and cranny of the Country, a release by the corporation’s Group General Manager, Group Public Affairs Division, Dr. Kennie Obateru, has said. The release stated that the tanker drivers’ …

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Prudential Zenith Life protecting its customers during the Coronavirus (COVID – 19) pandemic

In the face of the coronavirus pandemic and the resulting lockdown, Prudential Zenith Life Insurance is rolling out a range of services to help customers cope with the lockdown. The new services include a range of additional COVID-19 insurance cover enhancements, without additional premium charges, and a waiver for ‘pandemic’ …

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Private Sector Coalition Against COVID-19 begins operation; Sets up medical facilities in 6 geo-political zones of Nigeria

The Private Sector Coalition Against COVID-19 (CACOVID), set up in Nigeria to battle the novel coronavirus pandemic has started operation in the country with the aim of providing and equipping medical facilities in the six geo-political zones of the country. In a statement, Isaac Okorafor, the Director, Corporate Communications, Central …

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COVID-19: NIMASA bans international vessels without thermal screening facilities  

The Director General of the Nigerian Maritime Administration and Safety Agency, NIMASA , Dr. Bashir Jamoh has announced that following the current outbreak of COVID-19 and the need to mitigate the spread especially through shipping activities, the Agency has developed Guidance to support all types of ships that operate in …

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COVID-19: NNPC, Oil Industry donate N11billion to combat Coronavirus in Nigeria … As Corporation supports University of Abuja Teaching Hospital with medical equipment

The Nigerian National Petroleum Corporation (NNPC), International Oil Companies (IOCs) as well as Independent Oil Companies in the Upstream and Downstream Sectors, have donated N11billion to the Nigeria Centre for Disease Control (NCDC) as part of its support to combat the Coronavirus pandemic in the Country. Group Managing Director of …

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UBA provides N5 billion ($14 million) for COVID-19 relief support across Africa

March 26, 2020 United Bank for Africa Plc (UBA) Thursday announced a donation of over 5 billion Naira (USD14 million), through the UBA Foundation, to catalyse a comprehensive pan-African response to the fight against the Coronavirus (COVID-19) global pandemic. The donation will provide significant and much needed support to Nigeria …

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Coronavirus: Close non-essential parts of markets, Obi begs market leaders nationwide

The Vice-Presidential candidate of the Peoples Democratic Party (PDP) during the 2019 elections, Mr. Peter Obi, has appealed to market leaders nationwide to close down the non-essential parts of their markets, leaving such essential parts as drugs and food stuff, as one of the preventive measures towards curtailing the spread …

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Abule-Ado gas explosion: Dangote donates N100m cement to victims for reconstruction …As Dangote Cement management commiserates with Gov Sanwo-Olu

Dangote Cement Plc yesterday donated N100 million worth of cement to the Lagos State government, to support the ongoing reconstruction process at the Abule-Ado area of Amuwo-Odofin Local Government of the state, which was affected by a pipeline explosion last weekend. The donation was made by the Chairman of Dangote …

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Zenith Bank commiserates with Sanwo-Olu on Abule-Ado explosion, donates N100m support to Emergency Relief Fund

Zenith Bank Plc, Nigeria’s leading financial institution, has donated N100 million to the Emergency Relief Fund set up by the Lagos State Government for the victims of theAbulo-Edo explosion. The Group Managing Director/ Chief Executive Officer of Zenith Bank Plc, Mr. Ebenezer Onyeagwu made the pledge on Wednesday, March 18, …

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COVID-19: CBN to inject N1 trillion stimulus on economy …Meets with bank chiefs on March 21 …Health sector to get additional N100b loan boost

ABUJA Two days after it unveiled a six-point palliative to ameliorate the continued impact of the corona virus on the Nigerian economy and supply chains round the globe, the Central Bank of Nigeria (CBN) has announced its decision to increase its intervention in boosting local manufacturing and import substitution by …

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