25.96Lagos

Friday, 4 April 2025

headlines
  • Ethiopian Airlines Unveils Macao Cargo Route - Ethiopian Airlines has launched its Macao cargo route, marking the 10th dedicated cargo destination in China.Operated by Ethiopian Airlines advanced Boeing 777F, this new service enhances regional connectivity and strengthens trade links between China, Africa, and beyond.With two weekly flights and a capacity of 400 tons per week, this expansion...
  • SCAN Congratulates Bunu, New MWUN President General - The Shipping Correspondents Association of Nigeria ( SCAN) has congratulated Comrade Francis Bunu on his election as the President General, Maritime Workers Union of Nigeria (MWUN).Bunu was unanimously elected unopposed alongside new national executives during the union’s 6th Quadrennial National Delegates Conference held in Festac Town, Lagos on March 28,2024.In...
  • Trustcrow Launches Property Title Search, Inspection Reports For Nigerian Real Estate Market - The management of property and real estate firm in Nigeria, Trustcrow, on Wednesday unveiled two products: Title Search Report and Property Inspection Report.According to the firm, the products are designed to revolutionise the property transaction landscape in the country and beyond.Prospective property buyers in Nigeria and diaspora who want to...
  • CBN Explains $23b Net Reserve - Nigeria’s Net Foreign Exchange Reserve (NFER) hits $23.11 billion at the end of 2024, the highest level in over three years, the Central Bank of Nigeria (CBN), disclosed on Wednesday. According to CBN, the development reflects a substantial improvement in the country’s external liquidity, reduced short-term obligations, and renewed investor...
  • US Slams 14% Tariff On Nigerian Exports - President of the United States, Donald Trump, Wednesday enacted sweeping new tariffs in a move that could escalate trade tensions globally at what he tagged “liberation day”. Trump said the U.S. will implement “reciprocal tariffs” on all countries of “approximately half” of what they charge us. Among the countries slammed...
Ethiopian Airlines Unveils Macao Cargo Route

Ethiopian Airlines Unveils Macao Cargo Route

Ethiopian Airlines has launched its Macao cargo route, marking the 10th dedicated cargo destination in China.Operated by Ethiopian Airlines advanced Boeing 777F, this...
SCAN Congratulates Bunu, New MWUN President General

SCAN Congratulates Bunu, New MWUN President General

The Shipping Correspondents Association of Nigeria ( SCAN) has congratulated Comrade Francis Bunu on his election as the President General, Maritime Workers Union...
Trustcrow Launches Property Title Search, Inspection Reports For Nigerian Real Estate Market

Trustcrow Launches Property Title Search, Inspection Reports For...

The management of property and real estate firm in Nigeria, Trustcrow, on Wednesday unveiled two products: Title Search Report and Property Inspection Report.According...

Ethiopian Airlines Unveils Macao Cargo Route

Ethiopian Airlines has launched its Macao cargo route, marking the 10th dedicated cargo destination in China.Operated by Ethiopian Airlines advanced Boeing 777F, this new service enhances regional connectivity and streng...

SCAN Congratulates Bunu, New MWUN President General

The Shipping Correspondents Association of Nigeria ( SCAN) has congratulated Comrade Francis Bunu on his election as the President General, Maritime Workers Union of Nigeria (MWUN).Bunu was unanimously elected unopposed ...

Trustcrow Launches Property Title Search, Inspection Reports For Nigerian Real...

The management of property and real estate firm in Nigeria, Trustcrow, on Wednesday unveiled two products: Title Search Report and Property Inspection Report.According to the firm, the products are designed to revolution...

US Slams 14% Tariff On Nigerian Exports

President of the United States, Donald Trump, Wednesday enacted sweeping new tariffs in a move that could escalate trade tensions globally at what he tagged “liberation day”. Trump said the U.S. will implement “rec...

Tinubu Reconstitutes NNPC Board, Appoints Ojulari Group CEO

President Bola Ahmed Tinubu has approved the reconstitution of the Nigerian National Petroleum Company (NNPC) Limited board, removing the chairman, Chief Pius Akinyelure and the group chief executive officer, Mallam Mele...

Capital Market/Banking

[ View All ]

CBN Explains $23b Net Reserve

Nigeria’s Net Foreign Exchange Reserve (NFER) hits $23.11 billion at the end of 2024, the highest level in over three years, the Central Bank of Nigeria (CBN), disclosed on Wednesday. According to CBN, the development ...

GTCO Declares N1.2tri For 2024

For the 2024 financial year, GTCO Plc declared N1.266 trillion, profit before tax, up from N609.3 billion a year earlier. The Group, in its audited financial statement released on the Nigerian Exchange Limited on Friday,...

Investdata 2025 Q2 Master Class To Focus On Post-Earnings Season Strategies

The Investdata Master Class for the 2025 Q2 holds Saturday, March 29, 2025 with the theme “Post-Earnings Season Strategies For Winning Edge In Q2 Market Oscillation.” As usual, time-tested equity traders and analysts...

MRS Oil Exits NGX

MRS Oil has concluded arrangements for the voluntary delisting of all its issued shares from the Nigerian Exchange Ltd. (NGX) and subsequent admission to the NASD OTC Securities Exchange.In a corporate disclosure on Frid...

NNPCL Set For Initial Public Offer

The Nigerian National Petroleum Company Limited (NNPC Ltd) is at the final stage of getting listed in the capital market, in keeping with the provisions of the Petroleum Industry Act (PIA) 2021.This was disclosed by the ...

Maritime

[ View All ]

SCAN Congratulates Bunu, New MWUN President General

The Shipping Correspondents Association of Nigeria ( SCAN) has congratulated Comrade Francis Bunu on his election as the President General, Maritime Workers Union of Nigeria (MWUN).Bunu was unanimously elected unopposed ...

Shippers’ Council: WACT Tariff Increment Within Industry Benchmark

The Nigerian Shippers’ Council  (NSC) on Monday, defended the proposed tariff increment by the West Africa Container Terminal (WACT), a subsidiary of APM Terminal. The Onne Port- based terminal operator had g...

TCIPC Customs, NNS Beecroft Reaffirm Commitment To National Security, Trade...

The Nigeria Customs Service (NCS), Tincan Island Port Command (TCIPC), and the Nigerian Navy Ship (NNS), Beecroft, have renewed their commitment to securing Nigeria’s maritime borders and facilitating smooth trade oper...

EFCC, Customs Strengthen Collaboration

As part of measures to enhance inter-agency cooperation in the fight against economic and financial crimes, the Area Comptroller of the Nigeria Customs Service , NCS, Kano/Jigawa Command, Comptroller Dalhatu Abubakar , o...

EFCC Probes CFA7m Intercepted By Customs

Operatives of the Lagos Zonal Directorate 2 of the Economic and Financial Crimes Commission, EFCC, have begun investigation of the sum of CFA 7m intercepted by the Nigeria Customs Service, NCS, along the Idiroko Border i...

EU, UK Fine Carmakers $600m Over Recycling Cartel

Antitrust authorities in the EU and Britain on Tuesday fined a cartel involving some of the world’s biggest carmakers about 550 million euros ($594 million) for preventing competition on vehicle recycling.  The Eu...

US Imposes 25% Tariffs On Imported Vehicles, Parts

The United States automakers and their global rivals were rocked on Wednesday by President Donald Trump’s announcement that he would impose 25% tariffs on all vehicles and foreign-made auto parts imported into the...

Women In Automotive Industry To Honour Weststar Associates MD, Ebere...

The Women in Automotive Industry, a group dedicated to empowering and recognizing women in the automotive sector, is set to honor Ebere Anenih, Managing Director of Weststar Associates, the authorized General Distributor...

NADDC DG Visits Imo Governor To Discuss Partnership

The Director General, National Automotive Design and Development Council (NADDC), Oluwemimo Joseph Osanipin, on Thursday paid a courtesy visit to Imo State Governor, Senator Hope Uzodinma.The visit aimed to strengthen th...

Motoring Worlds Founder, Owoeye, Honoured At FUOYE, Makes Case For...

The Federal University of Oye, Ekiti has honoured the founder and editor of Motoring World International, Femi Owoeye for his contributions to the engineering field in Nigeria through the media.Owoeye received the award ...

Energy

[ View All ]

Tinubu Reconstitutes NNPC Board, Appoints Ojulari Group CEO

President Bola Ahmed Tinubu has approved the reconstitution of the Nigerian National Petroleum Company (NNPC) Limited board, removing the chairman, Chief Pius Akinyelure and the group chief executive officer, Mallam Mele...

MRS Oil Exits NGX

MRS Oil has concluded arrangements for the voluntary delisting of all its issued shares from the Nigerian Exchange Ltd. (NGX) and subsequent admission to the NASD OTC Securities Exchange.In a corporate disclosure on Frid...

NLNG Science Quiz For Rivers Schools To Focus On Advancing...

NLNG has kicked off the 2025 edition of its annual Science Quiz and Science Project Exhibition, with a sharp focus on advancing renewable energy innovations among secondary school students in Rivers State.The 2025 editio...

NNPCL Set For Initial Public Offer

The Nigerian National Petroleum Company Limited (NNPC Ltd) is at the final stage of getting listed in the capital market, in keeping with the provisions of the Petroleum Industry Act (PIA) 2021.This was disclosed by the ...

Federal Character: Senate Probes NNPC, NAFDAC, NUPRC, Others

The Senate has directed its Committee on Federal Character and Inter-Governmental Affairs to conduct a thorough investigation hearing into all Ministries, Departments, and Agencies (MDAs) to determine their level of comp...

Photo News

[ View All ]

Photo News

L-R: Founder, Doyin Group of Companies, Prince Samuel Adedoyin; Industrialist and Chairman Eleganza Group of Companies, Chief Rasaki Akanni Okoya and Managing Director, Eleganza Industrial City Ltd, Mrs. Shade Okoya, at ...

Photo News

President Bola Tinubu(left) has sworn in Vice Admiral Ibok-Ete Ibas (rtd.) as the Sole Administrator of Rivers State.

Photo News

President Bola Ahmed Tinubu(middle), on Friday, at the State House, Abuja received in audience a delegation of the Catholic Bishops Conference of Nigeria.

Photo News

R-L: Special Assistant to the Executive Secretary/CEO, Nigerian Shippers’ Council (NSC)Bello Gwandu; Deputy Director Trade Services, Ms. Adaora Nwonu; Director General, World Trade Organization (WTO), Dr. Ngozi Oko...

Photo News

Ethiopian Airlines’ all-women-operated flight to Windhoek, Namibia, receives a warm welcome from Sustjie Mbumba, the First Lady Of Namibia.

Security/Safety

[ View All ]
ISA 2025: Ponzi Operators Risk 10 Year Jail Term, N20m Fine

ISA 2025: Ponzi Operators Risk 10 Year Jail...

Promoters and operators of any entity engaged in a prohibited scheme commits an offence and is liable on conviction to a penalty of...
Tinubu Extends Nandap’s Tenure As Immigration CG

Tinubu Extends Nandap’s Tenure As Immigration CG

President Bola Tinubu has approved an extension of Mrs. Kemi Nanna Nandap’s tenure as the Comptroller-General of the Nigeria Immigration Service (NIS) through...
PDP Tackles Okpebholo Over Security Challenges In Edo

PDP Tackles Okpebholo Over Security Challenges In Edo

Edo State chapter of the Peoples Democratic Party (PDP) has blamed Governor Monday Okpebholo for the ‘security situation” in the state, which the...

Agriculture

[ View All ]

NDDC Empowers Rice Farmers

The Niger Delta Development Commission, NDDC, has reaffirmed its commitment to agricultural empowerment by concluding the second batch of its Capacity Building Programme for Rice Farmers on Commercial Scale in ...

Expert Projects Growth For Presco, Okomu Oil In 2025

Former President of Chartered Institute of Stockbrokers (CIS) and Managing Director, Arthur Steven Asset Management Limited (ASAM), Olatunde Amolegbe, has projected growth for the Oil Palm Industry in 2025.Amol...

South Korean Technical Team Installs Rice Mills In Bayelsa

In furtherance of the bilateral relationship between both parties, a technical team from the Republic of South Korea has completed installation of modern rice processing mills in Bayelsa State.A statement issue...

Education

[ View All ]

Investdata 2025 Q2 Master Class To Focus On Post-Earnings Season Strategies

The Investdata Master Class for the 2025 Q2 holds Saturday, March 29, 2025 with the theme “Post-Earnings Season Strategies For Winning Edge In Q2 Market Oscillation.” As usual, time-tested equity traders an...

NLNG Science Quiz For Rivers Schools To Focus On Advancing...

NLNG has kicked off the 2025 edition of its annual Science Quiz and Science Project Exhibition, with a sharp focus on advancing renewable energy innovations among secondary school students in Rivers State.The 2...

MAPOLY Alumni Elects Odubote As New Chairman, Promises To Foster...

The Moshood Abiola Polytechnic (MAPOLY) Alumni Association, Lagos Chapter last Saturday, elected Mr. Gafar Odubote as Chairman and 11 others who would steer the leadership of the association for another four ye...