24.12Lagos

Monday, 28 November 2022

headlines
  • Dangote Targets 300,000 Fresh Jobs For Nigerians - Africa’s foremost industrialist, Aliko Dangote, is optimistic that the new multibillion Naira investment in the sugar sub-sector would help provide no fewer than 300,000 jobs in Nigeria.  A statement from the Corporate Communication Department of the company, said that the Group’s President, Dangote said the company was providing fresh funds...
  • Presco Wins 2022 Agriculture Sectoral Leader Award  - By Moses Ebosele, ebosele@hotmail.com   — Presco Plc has emerged winner of sectoral leadership award in Agriculture at the 2022 PEARL Awards held on Sunday in Lagos.  The category had Livestock Feeds Plc and Okomu Oil Palm Plc, but, Presco Plc was adjudged winner by the Board of Governor of PEARL Awards...
  • Maxus Autos Debuts At Mikano Motors, Displays Strength - Maxus Autos has arrived in Nigeria courtesy one of Nigeria’s fastest growing automotive companies, Mikano International’s Motors division.   Under the arrangement, Maxus Auto joins the ZNA (Rich6) and Geely brands, in an exclusive partnership with Mikano International.   City Business News reports that with global support from SAIC, the Maxus brand...
  • Photo News - L-R: Car Continent; Akpovire Okugbere, Head of Marketing, Mikano Motors, Karima Okunola and Supercars of Nigeria; Ladi Okunola At The Unveiling Of Maxus Autos Courtesy Mikano International’s Motors Division, Lagos, At The Weekend 
  • Photo News - L-R: Akpovire Okugbere (Car Continent); Ezimorah Dionette (Ride With Miee), Akah Nnanni(Nollywood Star), Grace Anasiudu(Showroom Manager, Mikano Motors), Chijioke Mbonu (National Sales Manager, Mikano Motors), Jemima Osunde (Nollywood Star), LadiOkunola (Supercars Of Nigeria) At The Unveiling Of Maxus Autos Courtesy Mikano International’s Motors Division, Lagos, At The Weekend 
<strong>Dangote Targets 300,000 Fresh Jobs For Nigerians</strong>

Dangote Targets 300,000 Fresh Jobs For Nigerians

Africa’s foremost industrialist, Aliko Dangote, is optimistic that the new multibillion Naira investment in the sugar sub-sector would help provide no fewer than...
Presco Wins 2022 Agriculture Sectoral Leader Award 

Presco Wins 2022 Agriculture Sectoral Leader Award 

By Moses Ebosele, ebosele@hotmail.com   — Presco Plc has emerged winner of sectoral leadership award in Agriculture at the 2022 PEARL Awards held on Sunday...
Maxus Autos Debuts At Mikano Motors, Displays Strength

Maxus Autos Debuts At Mikano Motors, Displays Strength

Maxus Autos has arrived in Nigeria courtesy one of Nigeria’s fastest growing automotive companies, Mikano International’s Motors division.   Under the arrangement, Maxus Auto...

Dangote Targets 300,000 Fresh Jobs For Nigerians

Africa’s foremost industrialist, Aliko Dangote, is optimistic that the new multibillion Naira investment in the sugar sub-sector would help provide no fewer than 300,000 jobs in Nigeria.  A statement from the Corp...

Corpreneurship Challenge: Unity Bank Splashes N10m Grant On 30 Corps...

Unity Bank Entrepreneurship Development Initiative – Corpreneurship Challenge, targeted at empowering fresh graduates and Corp Members on one-year compulsory national youth service has, in its ninth editi...

Okomu Oil Pledges More CSR Projects To Host Communities  

The Management of Okomu Oil Palm Company Plc has reiterated its commitment to provide host communities with the necessary Corporate Social Responsibility’s ( CSR) projects as part of measures to sustain existing c...

CAC: AGMs By Proxies To Cease From Jan 1, 2023

Guidelines on use of proxies by public companies for Annual General Meetings (AGMs) will cease to apply from January 1, 2023, the Corporate Affairs Commission (CAC) has said.  The CAC Registrars-General (RG), A.G Ab...

Buhari Tasks Corporate Leaders On Ethics, Technology  

President Muhammadu Buhari has tasked leaders of corporate organisations to build the capacity of Nigerian youths to be innovative and embrace technology to make positive contributions to their organisations and the nati...

Capital Market/Banking

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Emefiele: Nigeria’s Rising Inflation Consistent With Global Trend 

Governor of Central Bank of Nigeria (CBN), Godwin Emefiele,  on Friday said the steady increase in headline inflation from 15.60 per cent in January to 20.77 per cent in September was consistent with global tre...

Corpreneurship Challenge: Unity Bank Splashes N10m Grant On 30 Corps...

Unity Bank Entrepreneurship Development Initiative – Corpreneurship Challenge, targeted at empowering fresh graduates and Corp Members on one-year compulsory national youth service has, in its ninth editi...

Union Bank Gets Euromoney Market Rankings In Five Categories 

Union Bank of Nigeria (UBN) Plc has received high ratings in five categories at the 2022 Euromoney market rankings.  Mrs Ogochukwu Ekezie-Ekaidem, the Chief Brand and Marketing Officer, UBN, made the announcement in...

World Bank Urges Nigeria To Fix Public Finances

World Bank has advised Nigeria to fix its public finances as part of measures to promote inclusive and sustainable development.  This is contained in the World Bank Nigeria Public Finance Review Report released on M...

FBN Holdings Wins ‘Great Place To Work’ Awards

FBN Holdings Plc has been recognised for performing creditably at the 2022 ‘Great Place to Work Awards’ ceremony.  A statement issued on Monday by Head, Marketing and Corporate Communications, FBN Holdings Plc, ...

Maritime

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Maersk Settles Sexual Assault Litigation 

Maersk Line Limited (MLL), a wholly-owned subsidiary of A.P. Moller – Maersk, has settled litigation with Hope Hicks, a former midshipman on the Maersk Line’s ship Alliance Fairfax, filed against the company in New Y...

IMO Scribe Inaugurates New NIMASA Headquarters

The Secretary General, International Maritime Organization (IMO), Mr. Kitack Lim on Tuesday commissioned the ultra-modern headquarters of the Nigerian Maritime Administration and Safety Agency (NIMASA), located at Victor...

Shippers’ Council, Others Highlight Need To Optimise Blue Economy

The Nigerian Shippers Council (NSC) will continue to work tirelessly to ensure enhanced transportation and trade facilitation for the economy to optimise the potential of the blue economy.  The Council’s Executive...

IMO Scribe: Maritime Nations Need Finance To Develop Fossil Fuel 

Maritime nations need finance to invest in fossil fuels, Secretary-General, International Maritime Organisation (IMO), Mr Kitack Lim, has said.  Lim said this at the 2022 Nigerian International Maritime Summit held ...

IMO Scribe Harps On Nigeria’s Strategic Role In Global Economy...

By Moses Ebosele, ebosele@hotmail.com   The Secretary General of the International Maritime Organization, Kitack Lim has described Nigeria as a very important country not only to Africa, but to the global...

Maxus Autos Debuts At Mikano Motors, Displays Strength

Maxus Autos has arrived in Nigeria courtesy one of Nigeria’s fastest growing automotive companies, Mikano International’s Motors division.   Under the arrangement, Maxus Auto joins the ZNA (Rich6) and G...

Jaguar Land Rover Cuts Output

Carmaker Jaguar Land Rover (JLR) is reducing output at its factories in Solihull and Halewood, United Kingdom until the spring, due to ongoing problems obtaining enough computer chips for new vehicles.  The action is ex...

Photo News

FRSC To Sanction Fleet Operators Over Safety Standards’ Violation  

The Federal Road Safety Corps (FRSC) has warned fleet operators against contravening road transport safety standard.   The FRSC Acting Corps Marshal, Dauda Biu, who gave the warning at the opening of the 2022 Annual...

Sierra Leone Imports  Innoson Vehicles For Armed Forces

A breakthrough was recorded on Monday in the implementation of the African Continental Free Trade Area (AfCTA) when the government of Sierra Leone took delivery of the first batch of vehicles produced by Innoson Vehicle ...

Energy

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Oil Muted As Price Cap Proposal Eases Supply Concerns

Benchmark Brent oil edged lower on Thursday while West Texas Intermediate (WTI) crude held steady, hovering in sight of two-month lows as the level of a proposed G7 cap on the price of Russian oil raised doubts about how...

Samsung Secures $1.08b Deal For Five LNG Carriers 

South Korean shipbuilder Samsung Heavy Industries (SHI) has received orders for the construction of five liquefied natural gas (LNG) carriers.  Already, the South Korean shipbuilder signed a shipbuilding contract wi...

Qatar, China Seal 27-Year LNG Supply Deal 

QatarEnergy and China Petroleum & Chemical Corporation (Sinopec) have entered into a 27-year sale and purchase agreement (SPA) for the supply of 4 million tons per annum (mtpa) of liquefied natural gas (LNG) to China...

NLNG Commissions Hospital Support Initiative Projects 

Nigeria LNG (NLNG) Limited has commenced the commissioning of Phase 1 projects in its multi-billion-naira Hospital Support Programme (NLNG HSP) with the opening of a maternity centre at the University of Abuja Teaching H...

Sylva Lauds UTM Offshore, Technical Partners On Nigeria’s First Floating...

Nigeria’s quest for energy transition received a huge boost on Wednesday when an indigenous firm, UTM Offshore Limited signed agreements with three technical partners, Kellogg Brown and Root (KBR) UK, Japan Gas Corpora...

Photo News

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Photo News

L-R: Car Continent; Akpovire Okugbere, Head of Marketing, Mikano Motors, Karima Okunola and Supercars of Nigeria; Ladi Okunola At The Unveiling Of Maxus Autos Courtesy Mikano International’s Motors D...

Photo News

L-R: Akpovire Okugbere (Car Continent); Ezimorah Dionette (Ride With Miee), Akah Nnanni(Nollywood Star), Grace Anasiudu(Showroom Manager, Mikano Motors), Chijioke Mbonu (National Sales Manager, Mikano Motors), Jemima Osu...

Photo News

Photo News

L – R shows Dr Riccardo Ambrosini, Lead, Climate Finance Africa, International Finance Corporation (IFC); Kalim M. Shah Senior Country Manager, IFC ( Nigeria, Sierra Leone and Liberia); Mr. Temi Popoola, CEO, Nigerian ...

Photo News

L-R: Secretary General, International Maritime Organisation (IMO), His Excellency Kitack Lim; Managing Director, Nigerian Ports Authority, Mr. Mohammed Bello-Koko; Permanent Secretary, Federal Ministry of Transportat...

Security/Safety

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FRSC To Sanction Fleet Operators Over Safety Standards’ Violation  

FRSC To Sanction Fleet Operators Over Safety Standards’...

The Federal Road Safety Corps (FRSC) has warned fleet operators against contravening road transport safety standard.   The FRSC Acting Corps Marshal, Dauda...
Speed Limiters: FRSC Boss Orders Clampdown On Violators Nationwide 

Speed Limiters: FRSC Boss Orders Clampdown On Violators...

The Acting Corps Marshal, Federal Road Safety Corps (FRSC), Dauda Biu has directed Commanding Officers to step up nationwide special operations to apprehend...
Dangote Peugeot, Mikano Secure N2.5b Contract For FRSC Operational Vehicles

Dangote Peugeot, Mikano Secure N2.5b Contract For FRSC...

The Federal Executive Council (FEC) has approved N2.5 billion for the procurement of operational vehicles for the Federal Road Safety Corps (FRSC).  Special...

Agriculture

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Presco Wins 2022 Agriculture Sectoral Leader Award 

By Moses Ebosele, ebosele@hotmail.com   — Presco Plc has emerged winner of sectoral leadership award in Agriculture at the 2022 PEARL Awards held on Sunday in Lagos.  The category had Livestock Fe...

Okomu Oil Pledges More CSR Projects To Host Communities  

The Management of Okomu Oil Palm Company Plc has reiterated its commitment to provide host communities with the necessary Corporate Social Responsibility’s ( CSR) projects as part of measures to sustain ...

Edo Distributes Irrigation Equipment To 516 Farmers

Edo State Government on Monday inaugurated this year’s dry season farming by supporting over 516 smallholder farmers with irrigation equipment to boost farming in Udo community, Ovia South West Local Governme...

Education

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Corpreneurship Challenge: Unity Bank Splashes N10m Grant On 30 Corps...

Unity Bank Entrepreneurship Development Initiative – Corpreneurship Challenge, targeted at empowering fresh graduates and Corp Members on one-year compulsory national youth service has, in its n...

UNIBEN Screens13,000 Candidates For Admission 

University of Benin has released the results of the Post-Unified Tertiary Examination (PUTME) and Direct Entry screening held recently.  A statement issued by the institution’s Public Relations Officer, ...

American University Promotes Three Nigerians To Professors

Central Washington College of Nursing Sciences, an affiliation of University of America, Temecula, California, has elevated three Nigerians to the rank of professors. The newly-promoted professors included: a r...