29.18Lagos

Thursday, 25 July 2024

headlines
  • Lagos To Deploy 2,000 CNG Buses, 5,000 Cars - Lagos State Governor, Babajide Sanwo-Olu has disclosed plans to deploy 2,000 high-capacity buses through the Public Private Partnership (PPP) model for mass public transportation next year (2025). Governor Sanwo-Olu made the revelation at the Lagos Investment Roundtable organised by the State Ministry of Commerce, Cooperatives, Trade & Investment (MCCTI), as a...
  • ITU Ranks Nigeria High In Digital Transformation Readiness - A new report of the International Telecommunications Union (ITU) has ranked Nigeria very high at 71 per cent, in comparative legal, policy and governance frameworks towards G5 – advanced state of readiness for digital transformation known as G5 with Germany, Finland and Singapore leading the global chart.  In the report...
  • NCDMB, UBEC Explore Capacity Building Opportunities, Support For Basic Education - The Nigerian Content Development and Monitoring Board (NCDMB) and the Universal Basic Education Commission (UBEC) have agreed to collaborate towards upgrading basic education in the country and building capacities of young Nigerians towards meeting the needs of the ever-changing oil and gas industry and the linkages sectors.The partnership opportunities were...
  • Again, CBN Raises Interest Rate - The Central Bank of Nigeria (CBN) has again raised the Monetary Policy Rate (MPR), which measures interest rates by 50 basis points, from 26.25% to 26.75%. CBN Governor, Olayemi Cardoso, announced this after the apex bank’s 296th Monetary Policy Committee (MPC) meeting in Abuja on Tuesday. The MPC adjusted the...
  • SIFAX Group Appoints Eniola-Jegede Group Coordinating Director - The Board of Directors of SIFAX Group has approved the appointment of Mrs. Wunmi Eniola-Jegede as the Group Coordinating Director. Until this appointment, Eniola-Jegede was the Executive Director, Human Resources, Business Development, and Strategic Planning. In her new role, she will provide strategic leadership support to all the subsidiaries under...
Lagos To Deploy 2,000 CNG Buses, 5,000 Cars

Lagos To Deploy 2,000 CNG Buses, 5,000 Cars

Lagos State Governor, Babajide Sanwo-Olu has disclosed plans to deploy 2,000 high-capacity buses through the Public Private Partnership (PPP) model for mass public transportation...
ITU Ranks Nigeria High In Digital Transformation Readiness

ITU Ranks Nigeria High In Digital Transformation Readiness

A new report of the International Telecommunications Union (ITU) has ranked Nigeria very high at 71 per cent, in comparative legal, policy and...
NCDMB, UBEC Explore Capacity Building Opportunities, Support For Basic Education

NCDMB, UBEC Explore Capacity Building Opportunities, Support For...

The Nigerian Content Development and Monitoring Board (NCDMB) and the Universal Basic Education Commission (UBEC) have agreed to collaborate towards upgrading basic education...

NCDMB, UBEC Explore Capacity Building Opportunities, Support For Basic Education

The Nigerian Content Development and Monitoring Board (NCDMB) and the Universal Basic Education Commission (UBEC) have agreed to collaborate towards upgrading basic education in the country and building capacities of you...

Again, CBN Raises Interest Rate

The Central Bank of Nigeria (CBN) has again raised the Monetary Policy Rate (MPR), which measures interest rates by 50 basis points, from 26.25% to 26.75%. CBN Governor, Olayemi Cardoso, announced this after the apex ban...

SIFAX Group Appoints Eniola-Jegede Group Coordinating Director

The Board of Directors of SIFAX Group has approved the appointment of Mrs. Wunmi Eniola-Jegede as the Group Coordinating Director. Until this appointment, Eniola-Jegede was the Executive Director, Human Resources, Busine...

Gabon Invites Dangote To Invest In Cement, Fertilizer Production

President Brice Oligui Nguema of Gabon has invited the President and Chief Executive Officer of Dangote Industries Limited (DIL), Aliko Dangote to invest in Cement and Fertiliser production in Gabon. The President urged ...

Dantsoho Visits Tin-Can Ports, Harps On Development Of Infrastructure

The Managing Director, Nigerian Ports Authority (NPA), Dr Abubakar Dantsoho, has identified the speedy rehabilitation of dilapidated port infrastructure across the nation as his topmost priority. Dantsoho, who was speaki...

Capital Market/Banking

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Again, CBN Raises Interest Rate

The Central Bank of Nigeria (CBN) has again raised the Monetary Policy Rate (MPR), which measures interest rates by 50 basis points, from 26.25% to 26.75%. CBN Governor, Olayemi Cardoso, announced this after the apex ban...

Seplat Energy Canvasses Prudent Management Of Oil, Gas Assets

Seplat Energy Plc has  called for prudent management of oil and gas assets in Nigeria in the country’s quest to drive growth in the energy sector and encourage expansion. The Chief Executive Officer...

Seplat Energy Concludes Media Training For  Editors, Correspondents

Seplat Energy Plc has concluded the second phase of its media training programme for journalists and media practitioners in Nigeria.   The second phase of the programme covers forty-five (45) Capital Market Edi...

Zenith Bank Retains Position As Nigeria’s Number One Bank By...

  For the fifteenth consecutive year, Zenith Bank Plc has retained its position as the Number One Bank in Nigeria by Tier-1 Capital in the 2024 Top 1000 World Banks’ Rankings, published by The Banker Magazine.  &...

CBN Allocates $106.5m To 29 FX Dealer Banks

The Central Bank of Nigeria (CBN) has announced the sale of $106.5 million as foreign exchange (FX) to 29 FX dealer banks.  In a statement issued on Friday by Dr Omolara Omotunde Duke, Director, Financial Markets De...

Maritime

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Dantsoho Visits Tin-Can Ports, Harps On Development Of Infrastructure

The Managing Director, Nigerian Ports Authority (NPA), Dr Abubakar Dantsoho, has identified the speedy rehabilitation of dilapidated port infrastructure across the nation as his topmost priority. Dantsoho, who was speaki...

New NPA MD Pledges Improved Revenue

The Newly appointed Managing Director/Chief Executive Officer, Nigerian Ports Authority (NPA), Dr Abubakar Dantsoho has pledged to boost the Organisation’s revenue generation and Port efficiency.The Managing Director m...

Single Window: Shippers Council Seeks Stakeholders Collaboration

The Nigerian Shippers Council (NSC) has expressed its support for the National Single Window (NSW) Steering Committee as part of measures to promote effective operationalization of the platform. The Executive Secretary/C...

ECU Partners SIFAX Shipping On Global Market Access

  ECU Worldwide, Allcargo Logistics’ wholly-owned global subsidiary and a leader in LCL consolidation, has partnered with SIFAX Shipping Company Limited, a subsidiary of SIFAX Group, to introduce LCL consolidation ser...

Firm Secures $2.67b Contract For 12 Containerships

South Korean shipbuilding giant, HD Korea Shipbuilding & Offshore Engineering (HD KSOE) has been awarded a contract to construct twelve containerships for an undisclosed shipowner. The order is split between HD ...

Lagos To Deploy 2,000 CNG Buses, 5,000 Cars

Lagos State Governor, Babajide Sanwo-Olu has disclosed plans to deploy 2,000 high-capacity buses through the Public Private Partnership (PPP) model for mass public transportation next year (2025). Governor Sanwo-Olu...

Dana Motors Seals CNG Conversion Kits Mass Distribution Deal

As part of the Presidential Compressed Natural Gas (CNG) Initiative, Dana Motors, one of the conversion centers, has announced participation in the mass distribution.   The  initiative marks a significant ...

All-New MG RX5 Displays Strength, Technology, Comfort

 The all-new MG RX5 marks the debut of the second generation of this popular SUV, demonstrating the British-born brand’s dedication to diversifying its lineup with a sporty new model.   The new vehic...

NADDC Boss Renews Clamour For More Collaborative Engagements

To enhance the growth of the local automotive industry, the National Automotive Design and Development Council, NADDC, is to strengthen its collaboration with key Stakeholders’ to develop robust policies to boost l...

Carloha Nigeria, ILOTBET Reward EURO 2024 Championship Promo Winner With...

A passionate football fan, Mr. Samuel Nneke, has emerged the winner of the star prize of brand-new Chery Tiggo 2 Pro in the just concluded EURO 2024 Championship promo.The star prize was handed over to Mr Nneke on Thursd...

Energy

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Minister, NMDPRA, NUPRC, NNPC Team Meet With Dangote

The Minister of State Petroleum Resources [Oil], Heineken Lokpobiri and other stakeholders have held a meeting with the President and CEO of Dangote Group, Aliko Dangote over issues surrounding the Dangote Refinery....

Seplat Energy Canvasses Prudent Management Of Oil, Gas Assets

Seplat Energy Plc has  called for prudent management of oil and gas assets in Nigeria in the country’s quest to drive growth in the energy sector and encourage expansion. The Chief Executive Officer...

Seplat Energy Concludes Media Training For  Editors, Correspondents

Seplat Energy Plc has concluded the second phase of its media training programme for journalists and media practitioners in Nigeria.   The second phase of the programme covers forty-five (45) Capital Market Edi...

Dangote To Reps: Probe Quality Of Petrol, Diesel At Filling...

Foremost industrialist and President of the Dangote Group, Aliko Dangote has called on the House of Representatives to investigate the quality of diesel and petrol at filling stations. Dangote made the call on Satur...

Tinubu Receives ENI Delegation

President Bola Tinubu on Friday in Abuja received a delegation from international energy company, ENI. Tinubu commended the company for its proposed new investment in Nigeria, reiterating his vision of making the nation ...

Photo News

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Photo News

R-L: Executive Director Operations, Nigerian Maritime Administration and Safety Agency, NIMASA, Engr. Fatai Adeyemi; Chairman, House of Representatives Committee on Safety Standards and Regulations Hon. Abubakar Sulaim...

Photo News

The President of the Chartered Institute of Transportation Administration of Nigeria (CIoTA), Mr. Segun Obayendo; the Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dayo Mobereol...

Photo News

R- L : President / CEO, Coscharis Group, Dr. Cosmas Maduka; United States of America Consul General to Nigeria , Mr. Will Stevens; General Manager, Marketing and Corporate Communications, Coscharis Group,  Mr. Abion...

Photo News

CNG Powered Kia Rio on Display at the just concluded Nigeria Auto Industry Summit (NAISU) organised by Nigeria Auto Journalists Association (NAJA) in collaboration with National Automotive Design and Development Council ...

Photo News

Photo News: Deputy Director, Industry Development Department, Federal Ministry of Industry, Trade and Investment,Mrs Olumuyiwa Ajayi-Ade, at Mikano Motors stand, inspecting CNG powered Pick-Up at the just concluded Niger...

Security/Safety

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Agwu, Agomoh, Retires As FRSC Promotes Eight Deputy Corps Marshalls

Agwu, Agomoh, Retires As FRSC Promotes Eight Deputy...

The Secretary to the Government of the Federation, Senator George Akume has approved the appointment of eight Assistant Corps Marshals (ACM), to the...
FRSC Promotes Eight Deputy Corps Marshalls, Agwu, Agomoh, Retires

FRSC Promotes Eight Deputy Corps Marshalls, Agwu, Agomoh, Retires

The Secretary to the Government of the Federation, Senator George Akume has approved the appointment of eight Assistant Corps Marshals (ACM), to the...
NDLEA Impound Cocaine, Tramadol Hidden In Shoes, Custard Containers

NDLEA Impound Cocaine, Tramadol Hidden In Shoes, Custard...

The National Drug Law Enforcement Agency (NDLEA) has uncovered parcels of cocaine hidden in the soles of shoes bound for Europe. Disclosing this...

Agriculture

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Tinubu Creates Ministry Of Livestock Development

President Bola Tinubu has announced the creation of the Federal Ministry of Livestock Development.  Tinubu approved the creation of the ministry on Tuesday when he inaugurated the Presidential Committee on...

Presco Appoints Acting Company Secretary 

The Board of Directors  of Presco Plc has approved the appointment of the law firm of Abdulai, Taiwo & Co as Acting Company Secretary/General Counsel effective 1st July 2024.  In a notice to the N...

Obaseki Harps On Investment In Agriculture

The Edo State Governor, Mr. Godwin Obaseki, has said his government in the last seven and a half years, has prioritized investment in agriculture, boosting the capacity of farmers and creating a market for farm...

Education

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NCDMB, UBEC Explore Capacity Building Opportunities, Support For Basic Education

The Nigerian Content Development and Monitoring Board (NCDMB) and the Universal Basic Education Commission (UBEC) have agreed to collaborate towards upgrading basic education in the country and building capacit...

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...