Just In: FAAN Shuts KFC Outlet At MMIA

Just In: FAAN Shuts KFC Outlet At MMIA

In line with Lagos State law on People with Special Needs , Part C , section 55 of General Provisions on Discrimination which states that ,” A person shall not deprive another person of access to any place , vehicle...
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Shippers Council Okays Haulage Rates For Eastern Ports

Shippers Council Okays Haulage Rates For Eastern Ports

Negotiated and reviewed haulage rates from Eastern ports to various destinations across the country has been approved by the Nigerian Shippers’ Council (NSC).According to the NSC, the rates approved were in consideration of cost moderation and cargo transpor...
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Firm Gets $1.8b Contract For Eight LNG Vessels

Firm Gets $1.8b Contract For Eight LNG Vessels

Korean shipbuilding major, Hanwha Ocean, formerly known as Daewoo Shipbuilding & Marine Engineering, has received a construction order for eight liquefied natural gas (LNG) vessels from an undisclosed shipowner. Under the $1.8billion, the company will buil...
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Dangote Donates 80,000 Bags Of 10kg Rice to Vulnerable Lagos Residents

Dangote Donates 80,000 Bags Of 10kg Rice to Vulnerable Lagos Residents

The Aliko Dangote Foundation, (ADF) has flagged off the distribution of 80,000 10kg bags of rice to the vulnerable in Lagos state. President of Dangote Group and Chairman of the foundation, Aliko Dangote, noted that the gesture is part of...
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Coated Calcium Carbonate Processing Plant To Debuts In Edo  

Coated Calcium Carbonate Processing Plant To Debuts In Edo  

Edo State is set to host one of Nigeria’s largest coated calcium carbonate factories in Lampese, Akoko Edo Local Government Area of the State. The Commissioner for Mining and Energy, Enaholo Ojiefoh, who disclosed this in a chat with journalists,...
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Easter: FRSC Boss Directs Strategic Deployment Of Personnel

Easter: FRSC Boss Directs Strategic Deployment Of Personnel

The Corps Marshal, Federal Road Safety Corps (FRSC), Dauda Ali Biu has tasked Commanding Officers to ensure full deployment of staff for maximum visibility, prompt removal of obstructions and ease of movement on all highways across the country.  A stateme...
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FG Offers Scholarship To Children Of 17 Slain Soldiers

FG Offers Scholarship To Children Of 17 Slain Soldiers

President Bola Tinubu has offered scholarships to the children of the 17 soldiers who were murdered in the Okuama community, Bomadi Local Government Area in Delta state. Tinubu also granted posthumous national honours to the soldiers who lost their lives....
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SEC, NGX Group, ASHON, Others Celebrate Oscar Onyema

SEC, NGX Group, ASHON, Others Celebrate Oscar Onyema

The Securities & Exchange Commission (SEC), Nigerian Exchange Group Plc, Association of Securities Dealing Houses of Nigeria (ASHON) among other key stakeholders on Tuesday celebrated the outgoing Group Chief Executive Officer of Nigerian Exchange Group Pl...
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CBN Raises Interest Rate To 24.75 Percent

CBN Raises Interest Rate To 24.75 Percent

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has hiked the benchmark interest rate by 200 basis points to 24.75 percent.  This is according to a Tuesday communique by the CBN governor Yemi Cardoso after the...
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Alternative Finance For Creative Industry: VFD Group Mulls SplitXchange  

Alternative Finance For Creative Industry: VFD Group Mulls SplitXchange  

VFD Group Plc has stressed the need for increased financing for the entertainment and media industry to boost foreign exchange earnings and economic development.The Managing Director of Splitar Limited, Mr Folagbade Adeyemi, stated this while speaking at the C...
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Edo To Float New Gas Company

Edo To Float New Gas Company

The Edo State Government has set up Edo Green Energy Limited to be run as a private sector-facing entity which will engage in the commercialization of gas in the State.Commissioner of Mining and Energy, Hon. Enaholo Ojiefoh, who said this...
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Etihad Cargo, Astral Aviation Strengthen Abu Dhabi-Nairobi Connection

Etihad Cargo, Astral Aviation Strengthen Abu Dhabi-Nairobi Connection

Astral Aviation has concluded plans to resume weekly operations from Abu Dhabi from 28 March 2024.  This regular service is anticipated to further strengthen trade links between the UAE and Africa, catering to a wide range of cargo needs and...
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CBN Sells FX To BDCs At N1,251/$1

CBN Sells FX To BDCs At N1,251/$1

As the naira gradually appreciates against the dollar after months of unprecedented uncertainties, the Central Bank of Nigeria (CBN), on Monday, announced the sales of $10,000 to each of the eligible Bureau De Change (BDC) operators in the country at...
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SIFAX Logistics Donates Office Equipment To LASTMA

SIFAX Logistics Donates Office Equipment To LASTMA

SIFAX Logistics Company Limited, a subsidiary of SIFAX Group, has donated some modern office equipment to the Lagos State Traffic Management Authority (LASTMA). The equipment includes two units of an air conditioner, a refrigerator, an executive office table, ...
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