27.18Lagos

Monday, 17 June 2024

headlines
  • Photo News - Commissioner for Wealth Creation, Otunba Kayode Fasae; Commissioner for Agriculture and Food Security, Mr. Ebenezer Boluwade; Ekiti State Governor, Mr Biodun Oyebanji; and CEO of YSJ Limited, Oluwayemisi Joluwe ; during the flag off of Youth in Agriculture Planting Season and Distribution of Farm inputs to the young Ekiti farmers…held at...
  • NDLEA Impounds N4.7b Cocaine - The National Drug Law Enforcement Agency (NDLEA) has clampdown on a cartel controlled by alleged drug baron and his sister, seizing cocaine and methamphetamine worth over N4.1 billion. In a statement issued on Sunday by the Director of Media and Advocacy, Femi Babafemi, NDLEA explained that the operation, which was...
  • SIFAX Shipping Partners ECU Worldwide to Boost LCL Export - SIFAX Shipping Company Limited, a subsidiary of SIFAX Group, has sealed a partnership deal with ECU Worldwide, the world’s number one LCL player, to boost export activities from Nigeria.A statement issued at the weekend explained that Less-than-Container Load (LCL) is one of two main types of containerized transportation services. The...
  • Train 7: NLNG Reaffirms Commitment, Benefits To Nigerians - Nigeria LNG Limited (NLNG) has reaffirmed its commitment to delivering economic benefits through the Train 7 project on Bonny Island.Speaking at a reconvened session of the Senate and House of Representatives’ Joint Committee on Gas (the Committee), officials of the Company provided necessary information and clarifications to address issues raised...
  • Cholera: Lagos Confirms 15 Deaths, Activates Emergency Centre - Following the initial alert and advisory issued by the Lagos State Ministry of Health on the cholera outbreak, the Lagos State Government has activated its Public Health Emergency Operations Centre (PHEOC) at Mainland Hospital, Yaba, Lagos.  According to the State Government, the PHEOC was convened to address the increasing number...
Photo News

Photo News

Commissioner for Wealth Creation, Otunba Kayode Fasae; Commissioner for Agriculture and Food Security, Mr. Ebenezer Boluwade; Ekiti State Governor, Mr Biodun Oyebanji; and...
NDLEA Impounds N4.7b Cocaine

NDLEA Impounds N4.7b Cocaine

The National Drug Law Enforcement Agency (NDLEA) has clampdown on a cartel controlled by alleged drug baron and his sister, seizing cocaine and...
SIFAX Shipping Partners ECU Worldwide to Boost LCL Export

SIFAX Shipping Partners ECU Worldwide to Boost LCL...

SIFAX Shipping Company Limited, a subsidiary of SIFAX Group, has sealed a partnership deal with ECU Worldwide, the world’s number one LCL player,...

NDLEA Impounds N4.7b Cocaine

The National Drug Law Enforcement Agency (NDLEA) has clampdown on a cartel controlled by alleged drug baron and his sister, seizing cocaine and methamphetamine worth over N4.1 billion. In a statement issued on Sunday by ...

Cholera: Lagos Confirms 15 Deaths, Activates Emergency Centre

Following the initial alert and advisory issued by the Lagos State Ministry of Health on the cholera outbreak, the Lagos State Government has activated its Public Health Emergency Operations Centre (PHEOC) at Mainland Ho...

Nigeria’s Inflation Rises To 33.95 Per Cent 

Nigeria’s inflation rate increased to 33.95 per cent in May 2024, the National Bureau of Statistics (NBS) disclosed in its latest data. According to the NBS Consumer Price Index report released on Saturday, this repres...

Ecobank’s “Adire Lagos” Opens With Over 100 Exhibitors

The annual Ecobank “Adire Lagos” exhibition has taken off in grand style with over 100 exhibitors showcasing their wares.  The 4-day fair which opened June 14 and ends 17th, is taking place at the Ecobank Pan Af...

Shippers’ Council Lauds Terminal Operator For Automation Investment

The Nigerian Shippers’ Council has lauded the West Africa Container Terminal for its investment in automation. The Executive Secretary/Chief Executive Officer of NSC, Akutah Ukeyima, gave the commendation during his re...

Capital Market/Banking

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First Bank Partners International Women’s Society To Empower Women

First Bank of Nigeria Limited has partnered International Women’s Society (IWS) to empower over 250 widows, in commemoration of the 2024 International Widows’ Day.The News Agency of Nigeria (NAN) reports that benefic...

SAHCO’s Shareholders Okay N406m Dividend For 2023

The Chairman of Skyway Aviation Handling Company (SAHCO) Plc, Barrister Taiwo Afolabi, has assured its shareholders of enhanced profitability and dividend in the current financial year ending Dec. 31, 2024.Afolabi gave t...

Presco Sustains Growth, Explains New Appointments

   By citybusinessnews@yahoo.com   – Investors’ appetite for the shares of Presco Plc continued on Tuesday as the stock gained 9.97 per cent on NGX.  At the end of the day’s transactions, the sha...

Access Bank Completes Acquisition Of BancABC Tanzania

Access Bank Plc has announced the successful completion of its acquisition of African Banking Corporation (Tanzania) Limited (BancABC Tanzania), in line with its strategic expansion goals. With the successful a...

NGX Launches New USSD To Enhance Capital Market Access

Nigerian Exchange (NGX) Limited has urged investors to leverage on its new USSD platform for enhanced capital market access.  NGX stated this at its Investor Education Series, partnered with Meristem via a zoom meet...

Maritime

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SIFAX Shipping Partners ECU Worldwide to Boost LCL Export

SIFAX Shipping Company Limited, a subsidiary of SIFAX Group, has sealed a partnership deal with ECU Worldwide, the world’s number one LCL player, to boost export activities from Nigeria.A statement issued at the weeken...

Shippers’ Council Lauds Terminal Operator For Automation Investment

The Nigerian Shippers’ Council has lauded the West Africa Container Terminal for its investment in automation. The Executive Secretary/Chief Executive Officer of NSC, Akutah Ukeyima, gave the commendation during his re...

Minister Projects Ministry To Achieve Top Three Ranking On PEBEC

In a pivotal address at the BusinessDay Maritime Conference 2024 held at the Oriental Hotel, Lagos, the Minister of Marine and Blue Economy, Adegboyega Oyetola, outlined ambitious plans to elevate Nigeria’s maritim...

NSML Signs Vessel Management Agreement With Temile Development Company For...

NLNG Shipping and Marine Services Limited (NSML)and Temile Development Company Limited on Tuesday, signed a Vessel Management Agreement (VMA) to provide comprehensive vessel technical management services for the new 23,0...

Oyetola Inaugurates NIWA’s Boats, Others

The Minister of Marine and Blue Economy, Adegboyega Oyetola, embarked on a one-day working visit to the National Inland Waterways Authority (NIWA), Lokoja, Kogi State.The Minister also inaugurated several landmark projec...

Guardian Day: Carloha Nigeria Showcases Chery Vehicles At Circle Mall

Carloha Nigeria has concluded plans to display Chery at Circle Mall, Lekki, Lagos, from June 15 to June 18, 2024, to celebrate Chery Guardian Day with the theme “Love in every kilometer”.According to Carloha, visitor...

NADDC, Weststar, Carloha, Toyota, Lanre Shittu Motors, Others Back Auto...

As the countdown begins in earnest for the maiden edition of the Nigeria Auto Industry Summit (NAISU) scheduled to hold at Radisson Lagos, GRA Ikeja, on June 27, 2024, major stakeholders in the automotive sector have exp...

LSM CEO, Taiwo Shittu Unfolds Agenda For CNG Buses, Lauds...

Managing Director and Chief Executive Officer, Lanre Shittu Motors(LSM)Ltd, Taiwo Shittu has commended President Bola Ahmed Tinubu for the ongoing reforms in Nigeria’s automotive sector and mass transportation init...

Excitements As Carloha Unveils Chery Tiggo 8 Pro In Lagos.

Carloha, representative of Chery in Nigeria has unveiled Chery Tiggo 8 Pro Sports Utility Vehicle (SUV) at a colourful ceremony in Lagos.The event drew an impressive crowd of high-calibre personalities from various secto...

Photo News

CNG Version Of Captain W At The Ongoing Lagos Motor Fair On Wednesday

Energy

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Train 7: NLNG Reaffirms Commitment, Benefits To Nigerians

Nigeria LNG Limited (NLNG) has reaffirmed its commitment to delivering economic benefits through the Train 7 project on Bonny Island.Speaking at a reconvened session of the Senate and House of Representatives’ Join...

TotalEnergies, Firm Sign 15-Year Green Hydrogen Supply Deal

TotalEnergies and Air Products have signed a 15-year agreement for the annual supply in Europe of 70,000 tons of green hydrogen starting in 2030. This first long-term deal follows TotalEnergies’ call for tenders for th...

FG To Unveil  Nedogas 300 MMscfd Kwale Gas Gathering Facility

Nedogas Development Company Limited (NDCL), a Joint Venture company between Xenergi Limited and NCDMB Capacity Development Intervention Company, has in collaboration with the NNPC Gas Infrastructure Company (NGIC), a sub...

Mikano Motors CNG Vehicles To Debut At LagosAuto Show

Mikano Motors is set to debut its CNG-powered buses at the Lagos International Auto Show,taking place at Balmoral Hall, Federal Palace Hotel, Victoria Island, Lagos, from June 4-7, 2024.This trade fair brings together au...

Oil Exploration To Begin In Ogun

The Nigerian National Petroleum Corporation Limited (NNPCL) is to begin oil and gas exploration in Ogun State.   Under the arrangement, the State Government has received a delegation from the Federal Gover...

Photo News

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Photo News

Commissioner for Wealth Creation, Otunba Kayode Fasae; Commissioner for Agriculture and Food Security, Mr. Ebenezer Boluwade; Ekiti State Governor, Mr Biodun Oyebanji; and CEO of YSJ Limited, Oluwayemisi Joluwe ; during ...

Photo News

Lagos State Governor, Babajide  Sanwo-Olu (Right) on Friday received President Bola Ahmed Tinubu at the Presidential Wing of the Muritala Muhammadu International Airport, Lagos ahead of Sallah celebration

Photo News

L-R: Director, Presco Plc, Mr Osa Osunde; Director, Presco Plc,  Amb Nonye Udo;  Director, Presco Plc, Chief Bassey Edem; Managing Director/Chief Executive Officer, Presco Plc, Mr Felix Nwabuko;   Cha...

Photo News

CNG Version Of Captain W At The Ongoing Lagos Motor Fair On Wednesday

Photo News

Managing Director, Prime Agro Seeds Limited, Mr Meka Nwabuko (Left) and Director, Obasanjo Farms Nigeria, Mr Oludayo Obasanjo at the just concluded AgriConnect Summit in Lagos

Security/Safety

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NDLEA Impounds N4.7b Cocaine

NDLEA Impounds N4.7b Cocaine

The National Drug Law Enforcement Agency (NDLEA) has clampdown on a cartel controlled by alleged drug baron and his sister, seizing cocaine and...
EFCC, FBI Strengthen Partnership

EFCC, FBI Strengthen Partnership

The Economic and Financial Crimes Commission (EFCC)and the Federal Bureau of Investigation (FBI)on Friday, June 14, 2024 brokered a renewed strategic alliance towards...
NDLEA Intercepts 176,000 Codeine Shipment From India

NDLEA Intercepts 176,000 Codeine Shipment From India

Operatives of the National Drug Law Enforcement Agency (NDLEA) have intercepted another consignment of 175,000 bottles of opioid imported from India. The is coming...

Agriculture

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NDDC To Support 4,500 Rice, Cassava Farmers

The Niger Delta Development Commission, NDDC, has commenced a partnership with communities in the Niger Delta region to empower 4,500 rice and cassava farmers to ensure food security in the region and country a...

NDDC Secures 100 Hectares For Agric Project In Akwa Ibom

The agricultural component of the Holistic Opportunities for Programme and Engagement, Project HOPE, of the Niger Delta Development Commission, NDDC, has secured over 100 hectares from Itak Ikot Udo community i...

Obasanjo, Nwabuko, Harp On Innovation, Collaboration To Grow Agric Sector...

By Moses Ebosele, ebosele@hotmail.com – Innovation in agriculture is key to human survival and development, former President, Olusegun Obasanjo has said.  Speaking at the  AgriConnect Summi...

Education

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Unilag, Daysprings School, Marvelvine Montessori School Top Ecobank’s National Schools...

University of Lagos (UNILAG), DaySpring School, Lagos and Marvelvine Montessori School, also in Lagos, have emerged winners in the tertiary, secondary and primary schools’ categories of the 2024 Ecobank Natio...

SIFAX Boss Advocates Review of Doctors’ Salary At Investiture As...

Dr. Taiwo Afolabi, Chairman, SIFAX Group, has called on the government to improve the remuneration of health workers in the country in order to stem the tide of migration of doctors and other health workers out...

SIFAX Group Chairman Identifies Blue Economy Potential At LAUTECH Lecture

Dr. Taiwo Afolabi, Chairman, SIFAX Group, has identified coastal tourism and renewable energy generation as some of the potential areas of growth that Nigeria needs to take advantage of in developing its blue e...