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Saudi Oil Giant Tops Own Record With $48.4b Profit - Saudi oil giant Aramco has broken its own record with a $48.4bn (£39.8bn) profit for the second quarter of 2022. It is a 90% year-on-year increase and marks the biggest earnings for the world’s largest energy exporter since its public listing three years ago. BBC report that Russia’s invasion of...
Photo News - L-R: Director General, Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh; Managing Director, Nigerian Ports Authority (NPA), Mohammed Bello-Koko; Managing Director, Lekki Port, Du Ruogang; Honorable Minister of Transportation, Mu’azu Jaji Sambo; Permanent Secretary, Federal Ministry of Transportation, Dr. Magdalene Ajani and Executive Secretary, Nigerian Shippers’ Council, Emmanuel...
Monkeypox: Virologist Urges Govt To Acquire Smallpox Vaccines - A Professor of Virology, Sunday Omilabu, has urged the Federal Government to put efforts in place to acquire smallpox vaccines in the fight against monkeypox. Omilabu, who spoke in an interview aired on Arise TV on Sunday, said research had shown that the smallpox vaccine was effective against the monkeypox...
Customs To Deploy Drones, Body Cameras, Others - The Nigeria Customs Service (NCS), says plans are ongoing to deploy drones and other technologically advanced facilities to the country’s borders in its bid to curb smuggling. The Public Relations Officer of Customs, Deputy Comptroller Timi Bomodi, told the News Agency of Nigeria (NAN) in Abuja that technology would help...
SEC: Capital Market Master Plan Promotes Transparency, Market Confidence - The Capital Market Master Plan (CMMP) initiatives have helped in promoting transparency, protecting investors and enhancing market confidence, the Securities and Exchange Commission (SEC), reiterated at the weekend. SEC in a statement issued on Sunday explained that the commission unveiled the 10-year CMMP in November 2014 and had continued to...
L-R: Director General, Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh; Managing Director, Nigerian Ports Authority (NPA), Mohammed Bello-Koko; Managing Director,...
The Society of Women Accountants of Nigeria (SWAN) on Saturday held a one-day seminar for more than 120 business owners and other professionals on keeping accurate financial records. The seminar, titled, “Accounting fo...
As part of measures to boost the nation’s economy, the Director-General (DG), Standards Organisation of Nigeria(SON), Mallam Farouk Salim has implored engineers to ensure strict adherence to standards. ...
The Nigerian Ports Authority (NPA) on Thursday disclosed that 21 ships are expected to arrive at the port from Aug. 11, 2022 According to NPA in its daily Shipping Position, the ships are expected to arrive at the ...
Hörmann, a leading manufacturer of European doors has made its foray into the Nigeria Market with a pledge to provide cutting-edge services to its customers. Addressing a cross session of stakeholders at the intro...
The National Agency for the Prohibition of Trafficking in Persons (NAPTIP) has partnered with ABC Transport Plc to combat human trafficking. The Deputy Director of Legal and Prosecution Department, NAPTIP, Mrs Ijeoma Amu...
The Capital Market Master Plan (CMMP) initiatives have helped in promoting transparency, protecting investors and enhancing market confidence, the Securities and Exchange Commission (SEC), reiterated at the weekend. ...
New data published by the World Federation of Exchanges (WFE), the global industry group for exchanges and central clearing counterparties, lays bare the full economic impact of the Ukraine war upon a global economy stil...
First Bank of Nigeria has reiterated its commitment to youth empowerment and entrepreneurship through the celebration of the 2022 youth week. The bank reiterated this in a statement on Thursday in Lagos to commemor...
First Bank of Nigeria has reopened its headquarters (Coomassie House) located at the Central Business District, Abuja. The News Agency of Nigeria (NAN) recalls that the office was on Aug. 4, sealed by the FCT High ...
First Bank of Nigeria (FBN) workers under the aegis of the Employee Giving and Volunteering Scheme on Saturday, donated surgical equipment for free Vesico Vaginal Fistula (VVF) repairs in Sokoto state. The News Agency ...
The Nigerian Shippers Council (NSC) has expressed optimism for a harmonious working relationship with its newly inaugurated board members. The Minister of Transportation, Mr Mu’azu Sambo inaugurated the new board on...
The Badagry Port Development Ltd (BPDL), promoters of the newly approved Badagry Deep Seaport project, says the project under a Private-Public Partnership will create 250,000 jobs. In a statement on Tuesday, Mr Olu...
The enlarged Presidential Port Standing Task Team (PSTT) has rid the port corridor of shanties and trucks constituting nuisance within three months, the Nigerian Shippers’ Council (NSC) has said. Mr Emmanue...
The Executive Secretary of the Nigerian Shippers Council (NSC), Emmanuel Jimeh has assured the Kano business communities of timely and door-step delivery of goods. Speaking at the designation of Dala Inl...
The Lagos State Government has partnered with the Choice International Group (CIG) Motors on the establishment of an Automobile Assembly Plant in the state. Speaking during the inspection of the assembly plant in Ogba ...
Rising from a two-day strategy retreat session, the top management team of one of the leading auto players, Coscharis Motors Plc has resolved to further deliver value for money to their numerous stakeholders in all ramif...
Geely Holding Group has been listed in the 2022 Fortune Global 500 for the 11th consecutive year with a ranking of 229th after its last year’s revenues reached $55.86 billion. Since first entering the Fortune G...
Indian automaker, Tata Motors has agreed to buy a Ford manufacturing plant in the western state of Gujarat for 7.26bn rupees ($91.5m). The deal comes as Tata moves to boost its car production to meet demand. The de...
Hyundai Motor Group plans to ramp up its stake in a local startup specialised in autonomous driving technology and invest about 400 billion won ($308.19 million), a newspaper report has said. Hyundai Motor Grou...
Saudi oil giant Aramco has broken its own record with a $48.4bn (£39.8bn) profit for the second quarter of 2022. It is a 90% year-on-year increase and marks the biggest earnings for the world’s largest energ...
Nigeria LNG Limited (NLNG) on Thursday in Port Harcourt launched the second phase of the Global Memoranda of Understanding (GMoU) for its pipeline host communities to actively support community-driven sustainable develop...
The Nigeria Liquefied Natural Gas (NLNG) has denied the allegation that the company was involved in the illegal exportation of LNG or any of its products outside the country. Mr Andy Odeh, the General Manager, External...
Shareholders of Oando Plc have reinforced confidence in the management of the company while urging the government to work with stakeholders to tackle the challenges facing the oil and gas industry. A statement posted o...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) jas affirmed that the status quo remains with respect to ExxonMobil/Seplat Energy share acquisition. Mr Gbenga Komolafe, Commission Chief Executive (CCE), N...
L-R: Director General, Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh; Managing Director, Nigerian Ports Authority (NPA), Mohammed Bello-Koko; Managing Director, Lekki Port, Du Ruogang; Hon...
L-R: The Managing Director, Nigerian Ports Authority (NPA), Mohammed Bello-Koko presenting the Authority’s plaque to the Director General, Manufacturers Association of Nigeria (MAN), Segun Ajayi Kadir when he paid a vi...
The Managing Director, Nigerian Ports Authority (NPA), Mohammed Bello-Koko (middle), the Ambassador of Japan to Nigeria, His Excellency, Matsunaga Kazuyoshi (2nd right), Wife to the Ambassador, Matsunaga Yoko (2nd left),...
Marketing Manager, Geely Nigeria (Left), Karina Okunola, Presenting A Gift Pack To Students Of Chrisland School After A Tour Of Mikano Motors Assembly Plant, Recently…
The Symposium of Episcopal Conferences of Africa and Madagascar (SECAM), has urged African leaders to unite in confronting the security challenges on the...
The Lagos State Corps Commander, Federal Road Safety Corps (FRSC), Mr Olusegun Ogungbemide, has urged motorists to avoid using hard chemicals in washing...
Cocoa farmers in Cross River, have appealed to the Federal Government to tackle the influx of fake and substandard pesticides into the country. The farmers under the aegis of the Cocoa Association of Nige...
The Sokoto State Government has secured a N4 billion loan to be distributed to 16,000 rice, wheat and tomato farmers in the state.Gov. Aminu Tambuwal disclosed this on Monday in Sokoto, while launching the sale...
The Federal Government on Tuesday inaugurated the National Cocoa Management Committee (NCMC), to tackle some of the challenges in the cocoa sector. Speaking at the inauguration of the 11-man Committee on ...
Dr Taiwo Afolabi, Chairman, SIFAX Group, has urged graduating students of Babcock University in Ogun to adopt solution-oriented mindset to help them attain success. Afolabi gave the advice in a statement made a...
The Executive Vice Chairman and Chief Executive Officer (EVC/CEO) of the Nigerian Communications Commission (NCC), Prof. Umar Danbatta, has been elected to the Governing Council of the Nigerian Academy of Engin...
The Class of 1982 of Saint Maria Goretti Girls Grammar School Benin City has pleaded with the Edo State Government to consider returning the School to the Catholic Mission to enhance the education of the girl c...