29.18Lagos

Thursday, 18 April 2024

headlines
  • Again, Dangote Crashes Diesel Price - 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 per litre, representing over 30 per cent reduction from the previous market price of about N1,600 per...
  • FG Begins Disbursement Of N200b - The Federal Government has commenced disbursement of the N200 billion Presidential Conditional Grant Scheme to verified applicants. The Bank of Industry had said it would be disbursing three categories of funding to support manufacturers and businesses across the country. Giving a progress report on X (formerly Twitter) on Tuesday, the...
  • Kidnappers Of FRSC Personnel Demand Ransom - The Ebonyi State Command of Federal Road Safety Corps (FRSC), on Tuesday, confirmed the abduction of two of its personnel by gunmen along the Abakaliki-Enugu federal highway. Briefing Journalists, the Sector Commander of the FRSC in Ebonyi State, Henry Igwe, explained that the two personnel were abducted on 8 March 2024.  Explaining further,...
  • FIVE SERVANTS OF GOD IN NIGERIA - In response to a question asked by a commentator on my Facebook post yesterday, I now confirm that there are five ‘Servants of God’ on the path to sainthood in the Catholic Church in Nigeria.Servant of God is the first of four stages before one is declared a Saint. The...
  • Maritime: Singapore Retains Position As World’s Top City - 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 managed vessel fleets, strategic geographic advantages, pro-business policies and its position as a leader in the maritime...
Again, Dangote Crashes Diesel Price

Again, Dangote Crashes Diesel Price

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,...
FG Begins Disbursement Of N200b

FG Begins Disbursement Of N200b

The Federal Government has commenced disbursement of the N200 billion Presidential Conditional Grant Scheme to verified applicants. The Bank of Industry had said...
Kidnappers Of FRSC Personnel Demand Ransom

Kidnappers Of FRSC Personnel Demand Ransom

The Ebonyi State Command of Federal Road Safety Corps (FRSC), on Tuesday, confirmed the abduction of two of its personnel by gunmen along the...

Again, Dangote Crashes Diesel Price

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...

FG Begins Disbursement Of N200b

The Federal Government has commenced disbursement of the N200 billion Presidential Conditional Grant Scheme to verified applicants. The Bank of Industry had said it would be disbursing three categories of funding to supp...
Ecobank

Ecobank Partners Nigeria Chess Federation, To Host 2024 Competition

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...

Nigeria’s Inflation Rate Hits 33.20%

Nigeria’s inflation rate jumped to 33.20% in March 2024 compared to February 2024 headline inflation rate which was 31.70%. This was according to the National Bureau of Statistics (NBS)’s Consumer Price Index (CPI) r...

Iceland Lauds Nigeria’s Ongoing Economic Reforms

Iceland Honorary Consul to Nigeria has applauded the ongoing economic reforms being carried out by the administration of President Bola Tinubu.Iceland Honorary Consul to Nigeria, Jacky Hathiramani who stated his home gov...

Capital Market/Banking

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Ecobank

Ecobank Partners Nigeria Chess Federation, To Host 2024 Competition

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...

UBA Declares N2.30kobo Final Dividend For 2023

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...

GTCO Declares N609.3b Profit For 2023

For the financial Year ended December 31, 2023, GUARANTY Trust Holding Company Plc (GTCO) has reported a Profit Before Tax of N609.3 billion, amounting to an increase of 184.5 per cent over N214.2billion recorded in the ...

NGX Group GMD Elected CSCS Chairman

The Group Managing Director/Chief Executive Officer of Nigerian Exchange Group (NGX Group), Mr. Temi Popoola, has been elected Chairman of Central Securities Clearing System (CSCS) Plc, effective April 1, 2024; succeedin...

NGX Group Acquires Stake In Ethiopian Securities Exchange

Nigerian Exchange Group Plc (NGX Group) has announced what it described as “a significant investment” in the Ethiopian Securities Exchange (ESX).  A statement issued at the weekend explained that NGX Group is am...

Maritime

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Maritime: Singapore Retains Position As World’s Top City

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...

Firm Completes First Ship-To-Ship Transfer

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...

IMO Secretary-General Congratulates NIMASA DG, Mobereola

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...

FG Inaugurates 6,000 TEU Capacity Private Jetty, Container Terminal At...

THE Federal Government has inaugurated a newly constructed 6,000 TEU capacity private Jetty and Container Terminal in Apapa, Lagos. Mr Mohammed Bello-Koko, the Managing Director of the NPA, who commended the project duri...

Nigeria, Spain To Deepen Maritime Security Cooperation

The Spanish Ambassador to Nigeria, Ambassador Juan Ignacio Sell has declared that the Spanish Government is desirous to deepen cooperation with Nigeria through further collaboration with the Nigerian Maritime A...

Innoson Reiterates Commitment To Producing Top-Quality Vehicles

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 Unveils Winners Of 2024 Dream Car Art Contest

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...

NADDC TO PARTNER AFREXIM ON NNEWI AUTO INDUSTRIAL PARK

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....

NADDC To Partner Oando Clean Energy On Vehicle Electrification 

The  National Automotive Design and Development Council (NADDC) and Oando Clean Energy are set to forge closer ties on Vehicle Electrification.   According to NADDC, a courtesy visit  to the Council&n...

Jetour Exhibits Attributes At Lagos Motor Show

Smarting from its superb performance at the Abuja Motor Fair which held late last year at the International Conference Centre, Jetour Mobility Services has once again stolen the show with its models at the Lagos Motor Sh...

Energy

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Again, Dangote Crashes Diesel Price

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...

NDDC Completes Electricity Sub-Station In Edo State

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...

Shell Sues FIrm As NLNG Risks Sanctions From UK Court

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...

NIPCO Completes Four CNG Stations In Lagos

NIPCO Plc has completed four Compressed Natural Gas (CNG) stations in Lagos. The Managing Director of NIPCO Gas Ltd., Mr Nagendra Verma, who disclosed this on Sunday explained that the stations are set for inauguration i...

NNPC Chief Harps On Role Of Gas In Driving Economic...

The Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPC Ltd.), Mr. Mele Kyari, has reiterated the crucial role of natural gas in Fuelling economic growth and industrial developme...

Photo News

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Okomu Oil Palm Photo News

Health, Safety and Environment (HSE) Officer, Efe Emmanuel John-Onyijen (2nd left) explaining to the community representatives the reason for Okomu’s forest preservation.

Photo News:

Photo News

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...

Photo News

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...

NPA Photo News:  

Security/Safety

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Kidnappers Of FRSC Personnel Demand Ransom

Kidnappers Of FRSC Personnel Demand Ransom

The Ebonyi State Command of Federal Road Safety Corps (FRSC), on Tuesday, confirmed the abduction of two of its personnel by gunmen along the...
NDDC To Fast-Track Work On Army Jetty In Delta State

NDDC To Fast-Track Work On Army Jetty In...

The Niger Delta Development Commission, NDDC, is to fast-track the construction of the Army Jetty and other projects being executed for the Nigerian...
Yoruba Nation: Adeleke Orders Tight Security At Govt House, Secretariat

Yoruba Nation: Adeleke Orders Tight Security At Govt...

Following the invasion of Oyo State government secretariat by Yoruba Nation agitators on Saturday, Osun State Governor, Ademola Adeleke has directed pre-emptive security...

Agriculture

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Edo Unveils Manpower Development Scheme For Oil Palm Sector

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...

NDDC To Acquire Tractors For Mechanized Farming

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...

Okomu Oil Palm Trains Community Representatives On Leveraging Presence Of...

Members of communities playing host to multinational companies have been urged to leverage the presence of these companies for the advancement of their lives and that of their communities. This was the thrust o...

Education

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Ecobank

Ecobank Partners Nigeria Chess Federation, To Host 2024 Competition

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 i...

Maduka: The Road To Success Is Rarely Linear

My name is Dr. Cosmas Maduka, and the world of business is where I found my calling. But my journey wasn’t a smooth ride from the start. In fact, it began with calloused hands and the determination of a y...

Toyota Nigeria Unveils Winners Of 2024 Dream Car Art Contest

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, ...