27.18Lagos

Monday, 2 October 2023

headlines
  • Again, Ecobank Alerts Customers On Sim Card Fraud - Ecobank has once again, raised alarm on the dangers of SIM swap fraud, stressing that fraudsters could use it to impersonate them.  In a message to customers via email, the bank explained that SIM swap fraud occurs when scammers use your phone number to access your accounts.  According to the...
  • Lagos Airlifts 310 Pilgrims To Jordan, Israel - Lagos State Government, on Saturday night, airlifted 310 intending pilgrims earlier scheduled for the Easter edition of the Holy pilgrimage to the Kingdom of Jordan and Israel. A statement explained that the pilgrims landed in the Holy Land on Sunday, October 1st, 2023, after a seven-hour flight from the Muritala...
  • Edo To Review N40,000 Minimum Wage - The Edo State Governor, Mr. Godwin Obaseki, has said his administration has begun to review the N40,000 minimum wage to the State workers. This is with a view to further increasing it as part of measures to cushion the impact of the fuel subsidy removal policy by the Federal Government....
  • Tinubu’s 63rd Independence Day Address - Dear Compatriots, It is my unique honour to address you on this day, the 63rd anniversary of our nation’s independence, both as the President of our dear country and, simply, as a fellow Nigerian.On this solemn yet hopeful day, let us commend our founding fathers and mothers.  Without them, there...
  • NDDC Trains 185 Youths On Empowerment Scheme - The Niger Delta Development Commission (NDDC) has trained 185 collation officers across the nine states of the Niger Delta region to create awareness in the rural communities for its youth development scheme, tagged: Holistic Opportunity Projects of Engagement, HOPE. Addressing Journalists on the progress made on the youth empowerment scheme at...
Again, Ecobank Alerts Customers On Sim Card Fraud

Again, Ecobank Alerts Customers On Sim Card Fraud

Ecobank has once again, raised alarm on the dangers of SIM swap fraud, stressing that fraudsters could use it to impersonate them.  In...
Lagos Airlifts 310 Pilgrims To Jordan, Israel

Lagos Airlifts 310 Pilgrims To Jordan, Israel

Lagos State Government, on Saturday night, airlifted 310 intending pilgrims earlier scheduled for the Easter edition of the Holy pilgrimage to the Kingdom...
Edo To Review N40,000 Minimum Wage

Edo To Review N40,000 Minimum Wage

The Edo State Governor, Mr. Godwin Obaseki, has said his administration has begun to review the N40,000 minimum wage to the State workers....

Again, Ecobank Alerts Customers On Sim Card Fraud

Ecobank has once again, raised alarm on the dangers of SIM swap fraud, stressing that fraudsters could use it to impersonate them.  In a message to customers via email, the bank explained that SIM swap fraud occurs ...

Lagos Airlifts 310 Pilgrims To Jordan, Israel

Lagos State Government, on Saturday night, airlifted 310 intending pilgrims earlier scheduled for the Easter edition of the Holy pilgrimage to the Kingdom of Jordan and Israel. A statement explained that the pilgrims lan...

Edo To Review N40,000 Minimum Wage

The Edo State Governor, Mr. Godwin Obaseki, has said his administration has begun to review the N40,000 minimum wage to the State workers. This is with a view to further increasing it as part of measures to cushion the i...

Tinubu’s 63rd Independence Day Address

Dear Compatriots, It is my unique honour to address you on this day, the 63rd anniversary of our nation’s independence, both as the President of our dear country and, simply, as a fellow Nigerian.On this solemn yet hop...

NDDC Trains 185 Youths On Empowerment Scheme

The Niger Delta Development Commission (NDDC) has trained 185 collation officers across the nine states of the Niger Delta region to create awareness in the rural communities for its youth development scheme, tagged...

Capital Market/Banking

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Again, Ecobank Alerts Customers On Sim Card Fraud

Ecobank has once again, raised alarm on the dangers of SIM swap fraud, stressing that fraudsters could use it to impersonate them.  In a message to customers via email, the bank explained that SIM swap fraud occurs ...

Presco’s Shareholders Get N8.6b Dividend For 2022

  By Moses Ebosele, ebosele@hotmail.com Shareholders of Presco Plc have approved payment of final dividend of 660 kobo per share, indicating N6.6billion for the year ended December 31, 2022. The Company ha...

CBN: Cardoso Pledges Compliance

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has promised that his administration would inculcate a culture of compliance into the apex bank by adhering strictly to the CBN Act 2007. “I beli...

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...

Maritime

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Firm Takes Delivery Of 3rd LNG Carrier

Japanese shipping company K Line has taken delivery of the newly-built W-Max class liquefied natural gas (LNG) carrier, Lagenda Setia, intended for a long-term charter with Malaysian energy major Petronas LNG. The Chines...

Blue Economy Can Help Nigeria Defeat Poverty, Says Prof Pauli

The creator of Blue Economy, Prof Gunter Pauli, who hailed President Bola Tinubu for creating the Ministry of Marine and Blue Economy said the policy was overdue considering the abundant opportunities in Nigeria, but, wa...

BPSR Identifies NIMASA AS Best MDA In Digital Transformation

The Presidency through the Bureau of Public Service Reforms, BPSR, has declared the Nigerian Maritime Administration and Safety Agency NIMASA as the best Federal Government Agency in Digital Transformation.  Th...

Shipping Firms Join Liquefied Hydrogen Supply Chain

Shipping companies Kawasaki Kisen Kaisha (K Line), Mitsui O.S.K. Lines (MOL) and Nippon Yusen Kabushiki Kaisha (NYK) have joined JSE Ocean, a subsidiary of Japan Suiso Energy (JSE), with JSE remaining the majority shareh...

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...

Nissan To Go All-Electric By 2030

Nissan will accelerate plans towards electrification by committing that all vehicles sold in Europe will be electric by 2030. The announcement comes despite the UK postponing its 2030 ban on the sale of new petrol and di...

NAHCO Boosts Service Delivery With 21 Tata Vehicles

As part of measures to enhance service delivery, the Nigerian Aviation Handling Company Plc (NAHCO) has unveiled newly acquired fleet of vehicles.  The commissioning ceremony, held at NAHCO’s headquarters in&n...

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...

Energy

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Oil Prices Fall As Russia, Saudi Arabia Boost Supply

Oil prices fell in early trade on Friday after a recent rally, as profit-taking and expectations of supply increases by Russia and Saudi Arabia outweighed forecasts of positive demand from China during its Golden Week ho...

QatarEnergy Places $3.9b Order For 17 LNG Carriers

Qatar’s state-owned oil and gas company QatarEnergy has signed an agreement with South Korean shipyard HD Hyundai Heavy Industries (HHI) for the construction of 17 LNG carriers. The shipbuilding contract, valued at QR1...

NCDMB, NNPC, IOCs Sign Oil Production MoU

As part of measures to ramp up Nigeria’s crude oil production, the Nigerian Content Development and Monitoring Board (NCDMB), Nigerian National Petroleum Company Limited (NNPCL) and five indigenous oil companies (IOCs)...

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...

Photo News

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Photo News

L-R: The Commissioner for Budget, Economic Planning and Performance Management, Mr. Niyi Adebayo; Wife of the General Overseer, Rev (Mrs) Olabisi Aboyeji; Ekiti State Governor, Mr Biodun Oyebanji; General Overseer, Fours...

Photo News

L-R Minister of Justice and Attorney General of the Federation, Chief Lateef Fagbemi (SAN); Ekiti State Governor, Mr Biodun Oyebanji; and Founder, Afe Babalola University, Aare Afe Babalolan (SAN); at a reception in hono...

Photo News

U.S. Consul General, Will Stevens being welcomed to the Fair by Managing Director, Ecobank Nigeria, Bolaji Lawal

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...

Security/Safety

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Again, Ecobank Alerts Customers On Sim Card Fraud

Again, Ecobank Alerts Customers On Sim Card Fraud

Ecobank has once again, raised alarm on the dangers of SIM swap fraud, stressing that fraudsters could use it to impersonate them.  In...
Customs Intercepts Hard Drugs, IED Materials, Others Worth N1.6b

Customs Intercepts Hard Drugs, IED Materials, Others Worth...

The Nigeria Customs Service, Federal Operations Unit, Zone ’C’ has intercepted cannabis sativa, raw materials for production of explosive devices, as well as...
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...

Agriculture

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Presco’s Shareholders Get N8.6b Dividend For 2022

  By Moses Ebosele, ebosele@hotmail.com Shareholders of Presco Plc have approved payment of final dividend of 660 kobo per share, indicating N6.6billion for the year ended December 31, 2022. The ...

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...

Education

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Onyema Bags Doctorate Degree

The Chairman of Air Peace, Barrister Allen Onyema, has been conferred with a Doctor of Management Science by the Nigerian Defence Academy, Kaduna. Onyema received the honorary academic degree at the 33rd Convoc...

Ecobank Pan African Centre Hosts US College, Career Fairs In...

The Ecobank Pan African Centre (EPAC) situated in the sprawling highbrow Victoria Island, Lagos played host to the annual USA College and Career Fairs in Lagos last week. A statement explained that the Fair pro...

Photo News

U.S. Consul General, Will Stevens being welcomed to the Fair by Managing Director, Ecobank Nigeria, Bolaji Lawal