26.07Lagos

Sunday, 24 September 2023

headlines
  • Pope To Europe: Don’t Treat Migrants As Invaders - Pope Francis on Saturday urged European governments to welcome migrants instead of viewing them as invaders, striding into in a hugely sensitive political debate again inflamed by mass arrivals on the second day of his visit to France’s Mediterranean port of Marseille. The pontiff made the comments hours before he...
  • Photo News - Minister of Information and National Orientation, Alhaji Mohammed Idris, fnipr with Nigeria’s Ambassador to the UN, Prof. Tijjani Muhammad Bande taking some moments off at the 78th UN General Assembly in New York.
  • FG, NGX To Drive Startup Listings With Tech Board - The Federal Government through the Ministry of Communications, Innovation and Digital Economy is to collaborate with Nigerian Exchange Limited (NGX) to stimulate startup listings with the newly created NGX Technology Board.  The Minister of Communications, Innovation and Digital Economy, Bosun Tijani, stated this during a tech event themed; Invest in Africa’s...
  • Cardoso Assumes Duty As CBN Governor - Acting Central Bank of NIgeria (CBN) Governor Dr. Olayemi Cardoso, on Friday, September 22, 2023, formally assumed duty, in an acting capacity, as the Governor of the apex bank, pending his confirmation by the Senate. CBN in a statement, on Friday said the development followed the resignation of Mr. Godwin...
  • Edo Unveils New City Project - The Edo State Commissioner for Housing, Urban and Regional Planning and Development, Isoken Omo, has said that a new city project, CORAL City, is being developed to decongest Benin City. She noted that about 467 plots in CORA City are now ready for subscription. Speaking during a press conference in the State Secretariat in Benin...
Pope To Europe: Don’t Treat Migrants As Invaders

Pope To Europe: Don’t Treat Migrants As Invaders

Pope Francis on Saturday urged European governments to welcome migrants instead of viewing them as invaders, striding into in a hugely sensitive political...
Photo News

Photo News

Minister of Information and National Orientation, Alhaji Mohammed Idris, fnipr with Nigeria’s Ambassador to the UN, Prof. Tijjani Muhammad Bande taking some moments...
FG, NGX To Drive Startup Listings With Tech Board

FG, NGX To Drive Startup Listings With Tech...

The Federal Government through the Ministry of Communications, Innovation and Digital Economy is to collaborate with Nigerian Exchange Limited (NGX) to stimulate startup...

Pope To Europe: Don’t Treat Migrants As Invaders

Pope Francis on Saturday urged European governments to welcome migrants instead of viewing them as invaders, striding into in a hugely sensitive political debate again inflamed by mass arrivals on the second day of his v...

FG, NGX To Drive Startup Listings With Tech Board

The Federal Government through the Ministry of Communications, Innovation and Digital Economy is to collaborate with Nigerian Exchange Limited (NGX) to stimulate startup listings with the newly created NGX Technology Boa...

Cardoso Assumes Duty As CBN Governor

Acting Central Bank of NIgeria (CBN) Governor Dr. Olayemi Cardoso, on Friday, September 22, 2023, formally assumed duty, in an acting capacity, as the Governor of the apex bank, pending his confirmation by the Senate. CB...

Edo Unveils New City Project

The Edo State Commissioner for Housing, Urban and Regional Planning and Development, Isoken Omo, has said that a new city project, CORAL City, is being developed to decongest Benin City. She noted that about 46...

Blue Economy: NIMASA To Invest In Research, Development

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh, OFR has disclosed that the Agency is set to reopen the Lokoja office, as part of efforts towards harnessing the B...

Capital Market/Banking

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FG, NGX To Drive Startup Listings With Tech Board

The Federal Government through the Ministry of Communications, Innovation and Digital Economy is to collaborate with Nigerian Exchange Limited (NGX) to stimulate startup listings with the newly created NGX Technology Boa...

Cardoso Assumes Duty As CBN Governor

Acting Central Bank of NIgeria (CBN) Governor Dr. Olayemi Cardoso, on Friday, September 22, 2023, formally assumed duty, in an acting capacity, as the Governor of the apex bank, pending his confirmation by the Senate. CB...

Tinubu Rings Closing Bell At NASDAQ, Says Nigeria Open For...

President Bola Ahmed Tinubu has called on foreign investors to bring their capital into the country as his government is working on easing the free flow of capital.   Tinubu stated this just before he rang the Closi...

UBA Canvasses Stakeholders’ Collaboration Against Digital Threats

The Head of Digital Banking, United Bank for Africa Plc (UBA),  Olukayode Olubiyi has called on stakeholders to come together as part of measures to checkmate growing threats to the country’s digital payment ...

Oando Declares N32.9b Profit For 2021

Oando Plc, on Monday, declared N32.9 billon profit-after-tax in its full-year-ended 2021 financials. A statement explained that 2023 has seen the Company record positive highlights, including the recent announcement of i...

Maritime

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Blue Economy: NIMASA To Invest In Research, Development

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh, OFR has disclosed that the Agency is set to reopen the Lokoja office, as part of efforts towards harnessing the B...

Shippers Council Harps On Regional Trade, List Obstacles

More than 400 trade obstacles have been reported through the Trade Obstacles Alert Mechanism (TOAM) along the ECOWAS trade corridor. Speaking on Friday, the Executive Secretary of Nigerian Shippers’ Council (NSC), Emma...

MSC To Acquire 49% Stake In Hamburg’s HHLA

A wholly owned subsidiary of MSC Mediterranean Shipping Company, the world’s largest container shipping company, has revealed plans to acquire a substantial 49% shareholding in HHLA Hamburger Hafen und Logistik AG, a p...

APM Terminals Apapa Bags Dockworkers Award

APM Terminals Apapa has been honoured by the Shipping Correspondents Association of Nigeria (SCAN) with a special recognition award for setting new standards for the welfare of dockworkers in Nigeria.  The award was...

NIMASA DG: Seafarers Welfare Key To Success Of Maritime Sector

The Nigerian Maritime Administration and Safety Agency (NIMASA) hosted an enlightenment workshop for seafarers, employers of seafarers and other maritime stakeholders in Lagos on Seafarers’ Medical Certification and ot...

Hyundai Motor Group To Donate $1.1m For Moroccan Earthquake, Libya...

Hyundai Motor Group has announced a $1.1 million contribution to aid Morocco and Libya in their recovery efforts following severe earthquakes and floods. The donations come from the four affiliates of Hyundai Motor ...

Dana Motors Introduces CNG-Powered Vehicles In Nigeria

In response to rising fuel costs and increasing vehicle expenses, Dana Motors Limited, the exclusive distributor of Kia in Nigeria has announced plans to bring Compressed Natural Gas (CNG) vehicles to the Nigerian market...

Amit Sharma: Nissan’s New E-Power Technology Is Game Changer

General Manager of Stallion NMN, Nigeria’s exclusive representative of Nissan brand, Amit Sharma, has described Nissan’s E-POWER, a revolutionary technology which has already been introduced to both the Qashqai and t...

Hyundai Motors Delivers 347,377 Units In August

Hyundai Motor Company has announced global sales of 347,377 units in August 2023, a 3.2 percent increase year-over-year.  City Business News reports that despite continued uncertainties in the business environment, ...

Carloha Extetnds Tentacles To The Palms

By Moses Ebosele, ebosele@hotmail.com Carloha Nigeria, one of the leading automotive dealerships has unveiled its  state-of-the-art showroom at The Palms, Lekki, Lagos State.  Speaking at the clourful...

Energy

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Oil Prices Rise On Supply Deficit Concerns

Oil prices rose on Tuesday for the fourth consecutive session, as weak shale output in the U.S. spurred further concerns about a supply deficit stemming from extended production cuts by Saudi Arabia and Russia. Reuters r...

Oando Declares N32.9b Profit For 2021

Oando Plc, on Monday, declared N32.9 billon profit-after-tax in its full-year-ended 2021 financials. A statement explained that 2023 has seen the Company record positive highlights, including the recent announcement of i...

Dana Motors Introduces CNG-Powered Vehicles In Nigeria

In response to rising fuel costs and increasing vehicle expenses, Dana Motors Limited, the exclusive distributor of Kia in Nigeria has announced plans to bring Compressed Natural Gas (CNG) vehicles to the Nigerian market...

MOL, Shell Sign Carbon Emissions Liabilities MoU

Japanese shipping major, Mitsui O.S.K. Lines (MOL) and Shell Marine Products Singapore, a business division of Shell Eastern Trading Pte, have signed a Memorandum of Understanding (MoU) on a joint focus on the advancemen...

Shell, Firms Unveil New Hybrid Electric LNG Carrier Design

Shell Shipping and Maritime, CSSC Hudong-Zhonghua Shipbuilding and Wärtsilä Marine have launched a new hybrid electric liquified natural gas (LNG) carrier design. Unveiled at this week’s Gastech 2023 in Singapore, th...

Photo News

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Photo News

Minister of Information and National Orientation, Alhaji Mohammed Idris, fnipr with Nigeria’s Ambassador to the UN, Prof. Tijjani Muhammad Bande taking some moments off at the 78th UN General Assembly in New York.

Photo News

L-R: Idris Salihu ,Head of Corporate Services Development Bank of Nigeria (DBN), Chima Titus Nwokoji, National Chairman, Finance Correspondents Association of Nigeria ( FICAN), Olukayode Olubiyi Head, Digital Banking, Un...

Photo News

Tesla Model X on display at Carloha Nigeria showroom at The Palms, Lekki, Lagos State.

Photo News

L-R: Engr. Edward Oyinbo, Chief Regulatory Officer, NMDPRA/Member, NGEP Secretariat; Engr. Olufunso Amoo, Executive Chairman/Founder, FUNTAY Nigeria;   Dr. Mohammed M. Ibrahim, Chairman NGEP; and Remi Amoo, Deputy MD, ...

Photo News

L-R: Elijah Wisdom, CEO/Founder, Creek Transitway Ltd; Engr. Olufunso Amoo, Executive Chairman/Founder, FUNTAY; Chairman, National Gas Expansion Programme (NGEP) Committee, Dr. Mohammed M. Ibrahim; and Executive Director...

Security/Safety

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NDLEA Intercepts 6,600 Bottles Of Codeine

NDLEA Intercepts 6,600 Bottles Of Codeine

The National Drug Law Enforcement Agency (NDLEA) has intercepted 6,600 bottles of codeine-based syrup and arrested six suspects in various raids across the...
Tinubu Appoints Adedeji FIRS Chairman

Tinubu Appoints Adedeji FIRS Chairman

President Bola Tinubu has approved the appointment of Zaccheus Adedeji, as the new Acting Executive Chairman of the Federal Inland Revenue Service. This...
NDLEA Impounds Meth, Skunk Consignments At Lagos Airport

NDLEA Impounds Meth, Skunk Consignments At Lagos Airport

The National Drug Law Enforcement Agency (NDLEA) has intercepted consignments of skunk concealed in tomato paste tins and methamphetamine hidden in used clothes....

Agriculture

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Nigeria Explains $2.5b Non-Oil Exports In Six Months

The Nigerian Export Promotion Council says the country generated $2.5 billion from January to June from non-oil exports. The Executive Director of the NEPC, Dr. Ezra Yakusak, revealed this at a one-day workshop...

British Govt Harps On Regeneration Of Edo State’s Forest Resources

The British High Commissioner to Nigeria, Richard Montgomery has reinstated Britain’s commitment to support the Nigerian Government as part of efforts to preserve the forest and other natural resources f...

Farmers Seek Improved Investment In Agriculture

AS economic situation bites harder on Nigerians, some farmers in Gombe have urged the state government to leverage the additional funds received from the Federation Account Allocation Committee (FAAC), to inves...

Education

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JAMB Registrar, Prof Oloyede To Chair 2023 GOCOP Conference

The Registrar of Joint Admissions and Matriculation Board (JAMB), Prof. Ishaq Oloyede, will serve as the Chairman of the 2023 Annual Conference of the Guild of Corporate Online Publishers (GOCOP). This was disc...

Ecobank Announces Back-To-School Packages For Customers

Ecobank Nigeria is offering special loan packages for parents and guardians to enable them pay school fees for their children and wards ahead of resumption for the 2023/2024 school year.  The Ban...

Nigerian Pupil Wins Global Toyota Art Contest, Gets $5,000, School...

A Nigerian pupil Oluwademilade Odumuboni has emerged as the global grand prize winner of the 2022/23 Toyota Dream Car Art Contest.The 10-year-old pupil of Corona School, Gbagada, Lagos, won the coveted prize af...