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Dana Air Reacts As Plane Skids Off Runway - Dana Air regrets to inform the public of a runway incursion involving one of our aircraft, registration number 5N BKI, which was flying from Abuja to Lagos. today 23/04/24We are relieved to confirm that all 83 passengers and crew onboard the flight disembarked safely without injuries or scare as the...
FG Unveils N200b Intervention Fund For MSMEs, Manufacturers - The Federal Government has announced the launch of N200 billion Presidential Intervention Fund for Micro, Small and Medium Scale Enterprises (MSMEs) and manufacturers in Nigeria. Minister of Industry, Trade and Investment, Doris Uzoka-Anite, made this announcement on Monday in Abuja. She said that following the ongoing disbursements targeted at supporting...
Court Frees Ex-NIMASA DG Over Alleged ₦8.5b Fraud - The Federal High Court sitting in Lagos has freed a former Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Patrick Akpobolokemi, over an alleged ₦8.5bn fraud brought against him by the Economic and Financial Crimes Commission (EFCC). Justice Ayokunle Faji acquitted and discharged the former NIMASA boss on Monday...
Edo Distributes Inputs To 1,734 Farmers - The Edo State Government has commenced the distribution of farm inputs and processing equipment to smallholder farmers across the seven local government areas in Edo South Senatorial District for the 2024 planting season. The distribution was carried out through the State FADAMA CARES Programme and Federal Government Livelihood Improvement Family...
Customs College Graduates 50 Officers - The Nigeria Customs Command and Staff College, Gwagwalada, marked a significant milestone on Friday, April 19, 2024, as it graduated 50 officers from Junior Course 18. The ceremony, held at the Ahmadu Makarfi Hall of the college, was attended by top officials of the Nigeria Customs Service, family members, and...
The Federal Government has announced the launch of N200 billion Presidential Intervention Fund for Micro, Small and Medium Scale Enterprises (MSMEs) and manufacturers...
The Federal High Court sitting in Lagos has freed a former Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Patrick Akpobolokemi,...
Dana Air regrets to inform the public of a runway incursion involving one of our aircraft, registration number 5N BKI, which was flying from Abuja to Lagos. today 23/04/24We are relieved to confirm that all 83 passengers...
The Federal Government has announced the launch of N200 billion Presidential Intervention Fund for Micro, Small and Medium Scale Enterprises (MSMEs) and manufacturers in Nigeria. Minister of Industry, Trade and Investmen...
The Federal High Court sitting in Lagos has freed a former Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Patrick Akpobolokemi, over an alleged ₦8.5bn fraud brought against hi...
Fidelity Bank Plc at the weekend, celebrated Air Peace for its milestone of commencing scheduled flight operations into London, United Kingdom.The special event, organised by the bank at Civic Center, Lagos, on Sunday, A...
President Bola Ahmed Tinubu has approved the appointment of new boards for the Securities and Exchange Commission (SEC) and the National Insurance Commission (NAICOM). A statement issued on Friday by presiden...
Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, on Saturday said the apex bank’s FOREX reforms have made the naira the best-performing currency globally. Cardoso, who at a briefing on the sideli...
The Managing Director, Nigerian Ports Authority (NPA), Mohammed Bello Koko, on Wednesday signed the Mandate Letter to secure a $700m Citibank loan to be funded by the UK Export Finance, UKEF. City Business News report th...
THE Governor of the Central Bank of Nigeria, CBN, Olayemi Cardoso, on Wednesday said the apex bank is not defending the Naira with the nation’s foreign reserves. He was speaking against the backdrop of the recent ...
Ecobank Nigeria Limited, a subsidiary of the Ecobank Group, has entered a strategic partnership with Nigeria Chess Federation (NCF) to host the 2024 National Schools’ Team Chess Competition. The competition is schedule...
United Bank for Africa (UBA) Plc, has released its audited financial results for the full year ended December 31, 2023. The 2023 financials, filed by the Bank at Nigerian Exchange Limited (NGx) on Monday, showed an impre...
The Managing Director, Nigerian Ports Authority (NPA), Mohammed Bello Koko, on Wednesday signed the Mandate Letter to secure a $700m Citibank loan to be funded by the UK Export Finance, UKEF. City Business News report th...
The Nigeria Shippers Council is to enforce registration for port service providers and users who have failed to register on the council’s online portal by the third quarter of 2024.The Executive Secretary of the NS...
Singapore has retained its position as the leading maritime city in the world, followed by Rotterdam and London, according to the 2024 Leading Maritime Cities (LMC) report. The city-state, with its large owned and manage...
Navigator Holdings (Navigator Gas), a UK-headquartered owner and operator of a fleet of handysize liquefied gas carriers, has performed its first ship-to-ship ammonia transfer. Navigator Gas’ 38,000 cbm liquefied petro...
The Secretary General of the International Maritime Organisation (IMO) Arsenio Dominguez has congratulated the Director General of the Nigerian Maritime Administration and Safety Agency, NIMASA, Dr. Dayo Mobereola on his...
The Minister of Trade and Investment, Dr. Doris Anite has reiterated the Federal Government’s commitment to the implementation of the Nigerian Automotive Development Policy (NAIDP). Speaking at a stakeholder meetin...
Kia Corporation (Kia) has been honored at the 2024 Car Design Award ceremony, receiving the prestigious accolade for ‘Brand Design Language’. As part of its much-lauded brand relaunch, Kia unveiled its revoluti...
Nigeria’s first indigenous auto plant, Innoson Vehicle Manufacturing Company Ltd (IVM), Nnewi, has re-stated its commitment to the vision of continuous investment in the production of top-quality vehicles as needed in ...
Toyota (Nigeria) Limited, TNL, has honoured nine school children who emerged as national winners of the 2024 (17th) edition of the annual Toyota Dream Car Art contest.According to the Managing Director of TNL, Mr Kunle A...
The Director General, National Automotive Design and Development Council (NADDC), Mr Joseph Osanipin, on Thursday visited the Regional Chief Operating Officer of the African Export-Import Bank (Afrexim), Mr. Eric Intong....
TotalEnergies has signed an agreement with Sapura Upstream Assets Sdn Bhd (SUA) to acquire its 50% interest in Malaysian independent gas producer and operator SapuraOMV Upstream Sdn (SapuraOMV) for a consideration of $53...
As part of its commitment to encourage learning and academic excellence, the Nigerian National Petroleum Company Limited (NNPC Ltd) and its Joint Venture partners in OML 18 – the Nigerian Content Development & Moni...
Dangote Petroleum Refinery, on Tuesday, announced a further reduction of the price of diesel from N1,200 to N1,000 per litre. While rolling out the products, recently, the refinery supplied at a reduced price of N1,200...
The electricity injection substation built by the Niger Delta Development Commission, NDDC, in Amufi-Ikpoba Okha Local Government Area in Benin City, Edo State, has been completed and is set for inauguration and hand ove...
FOLLOWING restriction of Liquefied Natural Gas (LNG) supply to its customers, Shell Plc has made claims against Venture Global LNG(VGL), a United States-based LNG exporter, for its breach of contract to supply LNG cargoe...
Health, Safety and Environment (HSE) Officer, Efe Emmanuel John-Onyijen (2nd left) explaining to the community representatives the reason for Okomu’s forest preservation.
L-R Managing Director/CEO of Federal Housing Authority, Hon Oyetunde Ojo; Special Adviser to the Governor on Housing and Mortgage Development, Mr Gboyega Oloniyo; Ekiti State Governor, Mr Biodun Oyebanji; Executive Direc...
L-R: National Secretary, National Palm Produce Association Of Nigeria (NPPAN), Kayode Babatola; Chief Operations Officer, Presco Plc, Reinout Impens; Permanent Secretary, Edo State Ministry Of Business Trade and Cooperat...
The National Drug Law Enforcement Agency (NDLEA) has arrested three members of an organized criminal organization which specializes in illicit drug trafficking across Nigeria,...
The Niger Delta Development Commission, NDDC, is to fast-track the construction of the Army Jetty and other projects being executed for the Nigerian...
The Edo State Government has commenced the distribution of farm inputs and processing equipment to smallholder farmers across the seven local government areas in Edo South Senatorial District for the 2024 plant...
The Edo State Government through the Edo State Oil Palm Programme (ESOPP) has called for applicants for its manpower development scheme aimed at growing a new crop of workers in its expansive oil plantation sec...
The Niger Delta Development Commission, NDDC, has announced plans to purchase modern farming equipment, such as tractors, to boost its agricultural initiatives, notably the Holistic Opportunities, Projects, and...
The Nigeria Customs Command and Staff College, Gwagwalada, marked a significant milestone on Friday, April 19, 2024, as it graduated 50 officers from Junior Course 18. The ceremony, held at the Ahma...
The Ajoke Ayisat Afolabi Foundation (AAAF), the philanthropic arm of SIFAX Group, has set a target of awarding a scholarship to 2,000 indigent students across the country in 2024.According to Foluke Ademokun, E...
The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe has commended Shell Nigeria Exploration and Production Company (SNEPCo) and the Bayelsa State Govern...