Dana Air Disengages Staff
Dana Air has temporarily disengaged some staff pending the conclusion of the proposed audit of the company.A statement issued on Saturday by Kingsley...
headlines
- Dana Air Disengages Staff - Dana Air has temporarily disengaged some staff pending the conclusion of the proposed audit of the company.A statement issued on Saturday by Kingsley Ezenwa, Head, Corporate Communications, explained that the decision to disengage some staff was made to “ensure efficient management of resources and to facilitate a thorough review of...
- NGX Lists N4.075b AVA Infrastructure Fund - Nigerian Exchange (NGX) Limited on Friday listed N4.075 billion of AVA Infrastructure Series 1 Fund on its trading platform. A statement signed by the head, Issuers Regulation Department of NGX, Godstime Iwenekhai explained that “trading license holders are hereby notified of the listing of AVA Global Asset Managers Limited’s AVA Infrastructure...
- NSIB, Nigerian Navy Strengthen Ties To Enhance Maritime Transport Safety - Management of the Nigerian Safety Investigation Bureau (NSIB), led by its Director-General/CEO, Captain Alex Badeh Jr., paid a courtesy visit to the leadership of the Nigerian Navy on Friday. A statement issued by NSIB explained that the team was received by Rear Admiral Ibrahim Dewu, the Chief of Naval Safety...
- At WCO Conference In China, CGC Adeniyi Harps On Capacity Building, Trade - The Comptroller-General of the Nigeria Customs Service (CGC), Adewale Adeniyi, has expressed optimism that the recently launched Pilot Authorized Economic Operator (AEO) program in Nigeria is designed to contribute to the broader objectives of the WCO in promoting border security and fostering sustainable economic development globally.CGC Adeniyi harps on these...
- Tinubu Unveils Funtua Inland Dry Port, Lauds Shippers’ Council - President Bola Ahmed Tinubu has commissioned Funtua Inland Dry Port project in Funtua, Katsina State.He was represented at the official commissioning of the Funtua Inland Dry Port by the Secretary to the Government of the Federation, Senator George Akume, on Thursday.In his welcome address, the President lauded the State Government,...
May
2024
11
Dana Air Disengages Staff
May
2024
11
NGX Lists N4.075b AVA Infrastructure Fund
NGX Lists N4.075b AVA Infrastructure Fund
Nigerian Exchange (NGX) Limited on Friday listed N4.075 billion of AVA Infrastructure Series 1 Fund on its trading platform. A statement signed by the...
NSIB, Nigerian Navy Strengthen Ties To Enhance Maritime...
Management of the Nigerian Safety Investigation Bureau (NSIB), led by its Director-General/CEO, Captain Alex Badeh Jr., paid a courtesy visit to the leadership...
Dana Air Disengages Staff
Dana Air has temporarily disengaged some staff pending the conclusion of the proposed audit of the company.A statement issued on Saturday by Kingsley Ezenwa, Head, Corporate Communications, explained that the decision to...
At WCO Conference In China, CGC Adeniyi Harps On Capacity...
The Comptroller-General of the Nigeria Customs Service (CGC), Adewale Adeniyi, has expressed optimism that the recently launched Pilot Authorized Economic Operator (AEO) program in Nigeria is designed to contribute to th...
Tinubu Unveils Funtua Inland Dry Port, Lauds Shippers’ Council
President Bola Ahmed Tinubu has commissioned Funtua Inland Dry Port project in Funtua, Katsina State.He was represented at the official commissioning of the Funtua Inland Dry Port by the Secretary to the Government of th...
FG N450b Bonds For Subscription
The federal government, through the Debt Management Office (DMO), has offered three FGN bonds valued at N150 billion each for subscription at N1,000 per unit. According to a release by the DMO, the first offer is the fiv...
NCDMB Co-Chair, Ekpo Meets Exec Sec, Pledges Support For Local...
The Co-Chair of the Governing Council of the Nigerian Content Development and Monitoring Board (NCDMB) and Minister of State for Petroleum Resources (Gas), Hon. Ekperikpe Ekpo on Thursday in Abuja received in audience th...
NGX Lists N4.075b AVA Infrastructure Fund
Nigerian Exchange (NGX) Limited on Friday listed N4.075 billion of AVA Infrastructure Series 1 Fund on its trading platform. A statement signed by the head, Issuers Regulation Department of NGX, Godstime...
FG N450b Bonds For Subscription
The federal government, through the Debt Management Office (DMO), has offered three FGN bonds valued at N150 billion each for subscription at N1,000 per unit. According to a release by the DMO, the first offer is the fiv...
CBN Directs Banks To Charge 0.5% Cybersecurity Levy
The Central Bank of Nigeria (CBN) has directed deposit money banks in the country to start charging 0.5% cybersecurity levy on transactions. This was contained in a circular dated May 6, 2024 by the apex bank to all comm...
CPPE Implores CBN On Quarterly FX Rate For Customs
The Centre for Promotion of Public Enterprise, (CPPE) has asked the Central Bank of Nigeria (CBN) to adopt a specific quarterly exchange rate for import duty collection as a measure towards addressing the problems associ...
Transcorp Group Sustains 173% Revenue Growth, N45b PBT
Transnational Corporation Plc conglomerate, with investment in the Power, Hospitality, and Energy sectors, has announced Q1 financial results for the period ended March 31, 2024. In its Q1 2024 unaudited results, Tr...
NSIB, Nigerian Navy Strengthen Ties To Enhance Maritime Transport Safety
Management of the Nigerian Safety Investigation Bureau (NSIB), led by its Director-General/CEO, Captain Alex Badeh Jr., paid a courtesy visit to the leadership of the Nigerian Navy on Friday. A statement issued by NSIB e...
MT Prestigious Still In Custody Of Navy, Says Firm
Newcross Exploration And Production Limited, has refuted reports on the release of MT Prestigious by the Nigerian Navy.According to the firm, the Vessel apprehended by a private security firm for allegedly stealing crude...
Firm Orders Six Cargo Ships
French sailing freight transport company, TransOceanic Wind Transport (TOWT) has ordered six additional vessels from compatriot shipbuilder Piriou. The newbuilds are expected to debut in 2026 and 2027, TOWT said. The ord...
Shippers Council Thrift Society Declares N70.9m Dividend For 2023
The Nigeria Shippers Council (NSC) Staff Multipurpose Cooperative Society Limited has declared N70.9million (N70,927,361.19) dividend and net surplus of N141.9million (N141,854,723.73) for the fiscal year 2023, &nbs...
Seaports Unveil Top Nine Priorities
In view of the upcoming EU elections in June, the European Sea Ports Organisation (ESPO) — which represents over 98% of the seaports of the European Union — has set its priorities for the next five years with a stron...
Coscharis Motors Set For 2024 West Africa Automotive Show
Coscharis Motors has announced plans to be part of the West Africa Automotive Show (WAAS), scheduled to hold at the Landmark Event Center in Lagos from May 14th to 16th, 2024. As one of the premier dealerships in Nigeria...
Tinubu Implores Automotive Manufactures On Affordable Vehicles For Nigerians
President Bola Ahmed Tinubu has urged automotive manufacturers in Nigeria to facilitate the production of affordable vehicles for Nigerians. Tinubu made the remarks during a meeting with the African Association of ...
Minister Reiterates FG’S Commitment To Fast- Track Development In Auto...
The Minister, Federal Ministry of Industry, Trade and Investment (FMITI), Dr. Doris NKIRUKA Uzoka-Anite has reiterated the Federal Government’s commitment to boost development in the Nigeria Automotive Industry.The...
NADDC Partners AAAM, NAMA On Growth Of Nigeria’s Automotive Industry
The National Automotive Design and Development Council (NADDC) has initiated a strategic partnership with the African Association of Automotive Manufacturers (AAAM) and the Nigerian Automotive Manufacturers Association (...
Innoson, Other Bus Makers To FG: Implementation Of CNG Initiative...
The news that the Federal Government was set to unveil the first batch of about 5600 “palliative” compressed natural gas (CNG) and electric vehicles as part of the first anniversary celebration of President Bola Tinu...
Oil Firms: CBN Relaxes Restriction On Repatriation Of Forex
The Central Bank of Nigeria (CBN) has relaxed its initial restriction on the repatriation of forex proceeds by international oil firms operating in the country. In a circular dated May 6, 2024 signed by the Director, Tra...
NNPCL Cautions Against Panic Buying
The Nigerian National Petroleum Company (NNPC) Limited has cautioned against panic buying, saying it has over 1.5 billion litres of Premium Motor Spirit (PMS), also known as petrol. A statement iss...
Petrol Marketers Threaten Strike Over ₦200b Debt
Members of the Independent Petroleum Marketers Association of Nigeria (IPMAN) have threatened to cripple the supply of Premium Motor Spirit (PMS), also known as petrol, over non-payment of ₦200bn bridgin...
NCDMB Receives N450m Interim Dividend From Waltersmith Modular Refinery
The Nigerian Content Development and Monitoring Board (NCDMB) announced on Monday that it had received an interim dividend payment of N450 million out the N1.5billion declared by the Waltersmith Refinery and Petroch...
NGF Seeks Safer Transportation Of Petroleum Products
Discussions are advancing among the 36 state governors and strategic federal agencies in the oil and gas industry over the adoption of safer methods of transportation of petroleum products across the country, the Nigeria...
Okomu Oil Palm Photo News
Health, Safety and Environment (HSE) Officer, Efe Emmanuel John-Onyijen (2nd left) explaining to the community representatives the reason for Okomu’s forest preservation.
Photo News
L-R Managing Director/CEO of Federal Housing Authority, Hon Oyetunde Ojo; Special Adviser to the Governor on Housing and Mortgage Development, Mr Gboyega Oloniyo; Ekiti State Governor, Mr Biodun Oyebanji; Executive Direc...
Photo News
L-R: National Secretary, National Palm Produce Association Of Nigeria (NPPAN), Kayode Babatola; Chief Operations Officer, Presco Plc, Reinout Impens; Permanent Secretary, Edo State Ministry Of Business Trade and Cooperat...
NSIB, Nigerian Navy Strengthen Ties To Enhance Maritime...
Management of the Nigerian Safety Investigation Bureau (NSIB), led by its Director-General/CEO, Captain Alex Badeh Jr., paid a courtesy visit to the leadership...
NDLEA Smashes Drug Syndicate
The National Drug Law Enforcement Agency (NDLEA) has smashed an international drug syndicate with networks in parts of Nigeria, South Africa and Thailand...
LASTMA Tasks Cadet On Professionalism
The Lagos State Traffic Management Authority (LASTMA) has emphasised the importance of professionalism among its cadet officers in serving the motoring public across...
Gunmen Kill Three Okomu Oil Workers
Three staff of Okomu Oil Palm Company Plc, Edo State have been killed. The Public Relations Officer of the company, Fidelis Olise, who confirmed the development explained that the killing was done by “unknown...
Oil Palm: Edo Unveils Agenda For 47,000-hectare New Plantation
The Edo State Governor, Mr. Godwin Obaseki, has unveiled plans for the launch of phase 2 of the State’s Oil Palm Programme (ESOPP) with an additional 47,000 hectares of land to be allocated to new and prospec...
Edo Distributes Inputs To 1,734 Farmers
The Edo State Government has commenced the distribution of farm inputs and processing equipment to smallholder farmers across the seven local government areas in Edo South Senatorial District for the 2024 plant...
Air Peace Bags ICAN Achievement Award
Air Peace has bagged another accolade for its game-changing milestones in Nigeria’s aviation sector. The airline clinched the Achievement Award in the Corporate Category at the 2024 Institute of Cha...
Tinubu Appoints Jim Ovia As Chairman Education Loan Fund
President Bola Tinubu has appointed renowned banker and businessman, Mr. Jim Ovia, as the Chairman of the Board of the Nigerian Education Loan Fund (NELFUND). Ovia is the founder of Zenith Bank Plc and an ...
Customs College Graduates 50 Officers
The Nigeria Customs Command and Staff College, Gwagwalada, marked a significant milestone on Friday, April 19, 2024, as it graduated 50 officers from Junior Course 18. The ceremony, held at the Ahma...