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Tinubu Appoints New Boards For SEC, NAICOM - 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 presidential spokesman Ajuri Ngelale, explained that the President anticipates that all members of boards will bring to bear their wealth of...
FG, States, LGAs Share N1.1tri March Revenue - The Federation Account Allocation Committee (FAAC) on Friday shared a total sum of N1.123 trillion March 2024 Federation Account Revenue to the three tiers of government after its April meeting in Abuja. A statement by the Director of Press and Public Relations at the Office of the Accountant General of...
Minister, NADDC, Components Parts Manufacturers Brainstorm On Auto Policy’s Full Implementation - 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 meeting with the National Automotive Design and Development Council (NADDC), component parts manufacturers and other stakeholders, the Minister emphasized that the...
Customs FOU Zone “C” Records N7b Seizures As Compt Kayode Bows Out - Between January 25th, 2023 and April 19th, 2024, the Nigeria Customs Service, Federal Operations Unit, Zone “C” seized contrabands worth N7,577,259,390.00.Outgoing Comptroller Kayode Kolade disclosed this in a farewell message while handing over to his successor and new Comptroller of the Unit, Mr Michael Ugbagu.Kayode thanked the Comptroller-General of Customs;...
Afolabi Foundation To Award 2000 Scholarship In 2024 - 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, Executive Coordinator, AAAF, while speaking on the activities of the non-governmental organisation in the first quarter of this...
President Bola Ahmed Tinubu has approved the appointment of new boards for the Securities and Exchange Commission (SEC) and the National Insurance Commission...
The Federation Account Allocation Committee (FAAC) on Friday shared a total sum of N1.123 trillion March 2024 Federation Account Revenue to the three...
The Minister of Trade and Investment, Dr. Doris Anite has reiterated the Federal Government’s commitment to the implementation of the Nigerian Automotive Development...
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...
The Federation Account Allocation Committee (FAAC) on Friday shared a total sum of N1.123 trillion March 2024 Federation Account Revenue to the three tiers of government after its April meeting in Abuja. A statement by t...
Between January 25th, 2023 and April 19th, 2024, the Nigeria Customs Service, Federal Operations Unit, Zone “C” seized contrabands worth N7,577,259,390.00.Outgoing Comptroller Kayode Kolade disclosed this in a farewe...
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, Executive C...
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 Government for t...
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...
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 ...
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....
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...
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...
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 Niger Delta Development Commission, NDDC, is to fast-track the construction of the Army Jetty and other projects being executed for the Nigerian...
Following the invasion of Oyo State government secretariat by Yoruba Nation agitators on Saturday, Osun State Governor, Ademola Adeleke has directed pre-emptive security...
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...
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...
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...
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...