24.18Lagos

Monday, 15 August 2022

headlines
  • Saudi Oil Giant Tops Own Record With $48.4b Profit  - Saudi oil giant Aramco has broken its own record with a $48.4bn (£39.8bn) profit for the second quarter of 2022.  It is a 90% year-on-year increase and marks the biggest earnings for the world’s largest energy exporter since its public listing three years ago.   BBC report that Russia’s invasion of...
  • Photo News - L-R: Director General, Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh; Managing Director, Nigerian Ports Authority (NPA), Mohammed Bello-Koko; Managing Director, Lekki Port, Du Ruogang; Honorable Minister of Transportation, Mu’azu Jaji Sambo; Permanent Secretary, Federal Ministry of Transportation, Dr. Magdalene Ajani and Executive Secretary, Nigerian Shippers’ Council, Emmanuel...
  • Monkeypox: Virologist Urges Govt To Acquire Smallpox Vaccines - A Professor of Virology, Sunday Omilabu, has urged the Federal Government to put efforts in place to acquire smallpox vaccines in the fight against monkeypox.   Omilabu, who spoke in an interview aired on Arise TV on Sunday, said research had shown that the smallpox vaccine was effective against the monkeypox...
  • Customs To Deploy Drones, Body Cameras, Others - The Nigeria Customs Service (NCS), says plans are ongoing to deploy drones and other technologically advanced facilities to the country’s borders in its bid to curb smuggling.  The Public Relations Officer of Customs, Deputy Comptroller Timi Bomodi, told the News Agency of Nigeria (NAN) in Abuja that technology would help...
  • SEC: Capital Market Master Plan Promotes Transparency, Market Confidence  - The Capital Market Master Plan (CMMP) initiatives have helped in promoting transparency, protecting investors and enhancing market confidence, the Securities and Exchange Commission (SEC), reiterated at the weekend.   SEC in a statement issued on Sunday explained that the commission unveiled the 10-year CMMP in November 2014 and had continued to...
Saudi Oil Giant Tops Own Record With $48.4b Profit 

Saudi Oil Giant Tops Own Record With $48.4b...

Saudi oil giant Aramco has broken its own record with a $48.4bn (£39.8bn) profit for the second quarter of 2022.  It is a...
Photo News

Photo News

L-R: Director General, Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh; Managing Director, Nigerian Ports Authority (NPA), Mohammed Bello-Koko; Managing Director,...
Monkeypox: Virologist Urges Govt To Acquire Smallpox Vaccines

Monkeypox: Virologist Urges Govt To Acquire Smallpox Vaccines

A Professor of Virology, Sunday Omilabu, has urged the Federal Government to put efforts in place to acquire smallpox vaccines in the fight...

Female Accountants Train 120 Business Owners, Other Professionals 

The Society of Women Accountants of Nigeria (SWAN) on Saturday held a one-day seminar for more than 120 business owners and other professionals on keeping accurate financial records. The seminar, titled, “Accounting fo...

SON DG Implores Engineers On Adherence To Standards In Execution...

As part of measures to boost the nation’s economy, the Director-General (DG),  Standards Organisation of Nigeria(SON), Mallam Farouk Salim has implored engineers to ensure strict adherence to standards. ...

NPA Receives 21 Ships With Petroleum Products, Frozen Fish, Wheat,...

The Nigerian Ports Authority (NPA) on Thursday disclosed that 21 ships are expected to arrive at the port from Aug. 11, 2022  According to NPA in its daily Shipping Position, the ships are expected to arrive at the ...

HÖRMANN Doors Debuts In Nigeria, Pledges Quality Service 

Hörmann, a leading manufacturer of European doors has made its foray into the Nigeria Market with a pledge to provide cutting-edge services to its customers.    Addressing a cross session of stakeholders at the intro...

NAPTIP Partners ABC Transport To Fight Human Trafficking

The National Agency for the Prohibition of Trafficking in Persons (NAPTIP) has partnered with ABC Transport Plc to combat human trafficking. The Deputy Director of Legal and Prosecution Department, NAPTIP, Mrs Ijeoma Amu...

Capital Market/Banking

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SEC: Capital Market Master Plan Promotes Transparency, Market Confidence 

The Capital Market Master Plan (CMMP) initiatives have helped in promoting transparency, protecting investors and enhancing market confidence, the Securities and Exchange Commission (SEC), reiterated at the weekend.&nbsp...

WFE: $18 Trillion Wiped Off Global Markets In First Half...

New data published by the World Federation of Exchanges (WFE), the global industry group for exchanges and central clearing counterparties, lays bare the full economic impact of the Ukraine war upon a global economy stil...

FirstBank Reiterates Commitment To Youth Development

First Bank of Nigeria has reiterated its commitment to youth empowerment and entrepreneurship through the celebration of the 2022 youth week.  The bank reiterated this in a statement on Thursday in Lagos to commemor...

First Bank Reopens Abuja Headquarters Office

First Bank of Nigeria has reopened its headquarters (Coomassie House) located at the Central Business District, Abuja.  The News Agency of Nigeria (NAN) recalls that the office was on Aug. 4, sealed by the FCT High ...

First Bank Workers Donate Surgical Equipment For VVF Repairs

First Bank of Nigeria (FBN) workers under the aegis of the Employee Giving and Volunteering Scheme on Saturday, donated surgical equipment for free Vesico Vaginal Fistula (VVF) repairs in Sokoto state.  The News Agency ...

Maritime

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Shippers‘ Council Gets New Board 

The Nigerian Shippers Council (NSC) has expressed optimism for a harmonious working relationship with its newly inaugurated board members.  The Minister of Transportation, Mr Mu’azu Sambo inaugurated the new board on...

LNG Carrier:  QatarEnergy Awards Seven Contracts To Four Firms

Malaysian energy logistics group MISC Berhad and its consortium partners — shipping companies Nippon Yusen Kabushiki Kaisha (NYK), Kawasaki Kisen Kaisha (K-Line) and China LNG Shipping (Holdings) Limited (CLNG) — hav...

Badagry Seaport Project To Create 250,000 Jobs

The Badagry Port Development Ltd (BPDL), promoters of the newly approved Badagry Deep Seaport project, says the project under a Private-Public Partnership will create 250,000 jobs.  In a statement on Tuesday, Mr Olu...

Shippers’ Council Boss Inspects Port Corridor, Harps On Ease Of...

The enlarged Presidential Port Standing Task Team (PSTT) has rid the port corridor of shanties and trucks constituting nuisance within three months, the Nigerian Shippers’ Council (NSC) has said.   Mr Emmanue...

Nigerian Shippers‘ Council Assures Kano Business Communities Of Timely Delivery Of...

The Executive Secretary of the Nigerian Shippers Council (NSC),  Emmanuel Jimeh has assured the Kano business communities of timely and door-step delivery of goods.  Speaking at the designation of Dala Inl...

Lagos, CIG Motors Target 5,000 Annual Vehicle Production 

The Lagos State Government has partnered with the Choice International Group (CIG) Motors on the establishment of an Automobile Assembly Plant in the state.  Speaking during the inspection of the assembly plant in Ogba ...

Coscharis Motors Renews Excellent Service, Value For Money Commitment

Rising from a two-day strategy retreat session, the top management team of one of the leading auto players, Coscharis Motors Plc has resolved to further deliver value for money to their numerous stakeholders in all ramif...

Geely Marks 11th Year On Fortune Global 500 

Geely Holding Group has been listed in the 2022 Fortune Global 500 for the 11th consecutive year with a ranking of 229th after its last year’s revenues reached $55.86 billion.   Since first entering the Fortune G...

Tata Acquires Ford Car Plant In India

Indian automaker, Tata Motors has agreed to buy a Ford manufacturing plant in the western state of Gujarat for 7.26bn rupees ($91.5m). The deal comes as Tata moves to boost its car production to meet demand.  The de...

Hyundai To Raise Stake In Startup

Hyundai Motor Group plans to ramp up its stake in a local startup specialised in autonomous driving technology and invest about 400 billion won ($308.19 million), a newspaper report has said. Hyundai Motor Grou...

Saudi Oil Giant Tops Own Record With $48.4b Profit 

Saudi oil giant Aramco has broken its own record with a $48.4bn (£39.8bn) profit for the second quarter of 2022.  It is a 90% year-on-year increase and marks the biggest earnings for the world’s largest energ...

NLNG Launches GMoU Phase 2 In Rivers State

Nigeria LNG Limited (NLNG) on Thursday in Port Harcourt launched the second phase of the Global Memoranda of Understanding (GMoU) for its pipeline host communities to actively support community-driven sustainable develop...

NLNG Denies Involvement In Illegal Gas Export 

The Nigeria Liquefied Natural Gas (NLNG) has denied the allegation that the company was involved in the illegal exportation of LNG or any of its products outside the country.  Mr Andy Odeh, the General Manager, External...

Shareholders Reinforce Confidence In Oando Management

Shareholders of Oando Plc have reinforced confidence in the management of the company while urging the government to work with stakeholders to tackle the challenges facing the oil and gas industry.  A statement posted o...

Status Quo Remains In Share Sale By ExxonMobil To Seplat Energy, Says NUPRC

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) jas affirmed that the status quo remains with respect to ExxonMobil/Seplat Energy share acquisition.  Mr Gbenga Komolafe, Commission Chief Executive (CCE), N...

Photo News

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Photo News

L-R: Director General, Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh; Managing Director, Nigerian Ports Authority (NPA), Mohammed Bello-Koko; Managing Director, Lekki Port, Du Ruogang; Hon...

Photo News

Managing Director/Chief Executive Officer, Presco Plc, Felix Nwabuko (Third From Left); Executive Director, Mr William Crockett (Left); Independent Non-Executive Director, Edem Bassey (Second Left); Independent Non-Execu...

NPA Photo News

L-R: The Managing Director, Nigerian Ports Authority (NPA), Mohammed Bello-Koko presenting the Authority’s plaque to the Director General, Manufacturers Association of Nigeria (MAN), Segun Ajayi Kadir when he paid a vi...

Photo News

The Managing Director, Nigerian Ports Authority (NPA), Mohammed Bello-Koko (middle), the Ambassador of Japan to Nigeria, His Excellency, Matsunaga Kazuyoshi (2nd right), Wife to the Ambassador, Matsunaga Yoko (2nd left),...

Geely Nigeria Photo News

Marketing Manager, Geely Nigeria (Left), Karina Okunola, Presenting A Gift Pack To Students Of Chrisland School After A Tour Of Mikano Motors Assembly Plant, Recently… 

Security/Safety

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Catholic Bishops Urge African Countries To Unite In Tackling Insecurity

Catholic Bishops Urge African Countries To Unite In...

The Symposium of Episcopal Conferences of Africa and Madagascar (SECAM), has urged African leaders to unite in confronting the security challenges on the...
FRSC Advises Motorists On Number Plate Care

FRSC Advises Motorists On Number Plate Care

The Lagos State Corps Commander, Federal Road Safety Corps (FRSC), Mr Olusegun Ogungbemide, has urged motorists to avoid using hard chemicals in washing...
FRSC To Impound Unregistered Motorcycles Nationwide

FRSC To Impound Unregistered Motorcycles Nationwide

The Acting Corps Marshal, Federal Road Safety Corps (FRSC), Dauda Biu, has directed the 37 State Sector Commanders across the nation to impound...

Agriculture

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Cocoa Farmers Task FG, SON On Pesticides Regulation

Cocoa farmers in Cross River, have appealed to the Federal Government to tackle the influx of fake and substandard pesticides into the country.  The farmers under the aegis of the Cocoa Association of Nige...

Sokoto Secures N4b Loan For 16,000 Farmers

The Sokoto State Government has secured a N4 billion loan to be distributed to 16,000 rice, wheat and tomato farmers in the state.Gov. Aminu Tambuwal disclosed this on Monday in Sokoto, while launching the sale...

FG Inaugurates National Cocoa Management Committee

The Federal Government on Tuesday inaugurated the National Cocoa Management Committee (NCMC), to tackle some of the challenges in the cocoa sector.  Speaking at the inauguration of the 11-man Committee on ...

Education

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SIFAX Group Tasks Babcock University Graduates On Solution-Oriented Mindset

Dr Taiwo Afolabi, Chairman, SIFAX Group, has urged graduating students of Babcock University in Ogun to adopt solution-oriented mindset to help them attain success. Afolabi gave the advice in a statement made a...

Danbatta Elected Into Nigerian Academy Of Engineering Council

The Executive Vice Chairman and Chief Executive Officer (EVC/CEO) of the Nigerian Communications Commission (NCC), Prof. Umar Danbatta, has been elected to the Governing Council of the Nigerian Academy of Engin...

 St Maria Goretti Old Girls Urge Edo State Govt To...

The Class of 1982 of Saint Maria Goretti Girls Grammar School Benin City has pleaded with the Edo State Government to consider returning the School to the Catholic Mission to enhance the education of the girl c...