Author: yetty

SEC, NSE To Streamline Listing Modalities From June 1
The Securities and Exchange Commission (SEC) and the Nigerian Stock Exchange (NSE) on Thursday unveiled plans to make the modalities involving listing on the NSE more efficient and cost effective by streamlining the approval process between the SEC and the...

Firm To Power Vessels With Dead Fish
Norwegian expedition cruise company, Hurtigruten has confirmed plans to power its ships with fuel made from dead fish and other organic waste.As informed, Hurtigruten and compatriot firm Biokraft have signed a 7.5-year liquefied biogas (LBG) supply d...

Customers Win N59m In Access Bank’s DiamondXtra Savings Scheme
Access Bank Plc has rewarded about 1,016 with more than N59 million in its DiamondXtra season 11 quarterly draw prize presentation held yesterday at the bank’s headquarters in Lagos. According to the Bank, Mrs Nnenna Chukwu was the ...

Emefiele In Benin, Assures On Single-Digit Interest For MSMEs
The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, has assured entrepreneurs set to commence operations at the Edo Production Centre, of the availability of favourable financing options. Emefiele, who spoke on Wednesday during a visit ...

Dakuku: Nigeria Long Overdue For National Fleet
The Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside, has said that Nigeria is way overdue for an active national fleet that would properly position it in the comity of maritime nations.Dakuku stated thi...

NPA, Navy Reiterate Commitment To Safety, Security
The Management of Nigerian Ports Authority (NPA) and the Nigerian Navy (NN) have reiterated commitment to promote safety and security along Nigeria’s territorial waters and Maritime domain.Receiving a team of Naval officers led by the flag officers commandin...

Rabiu Yadudu Resumes As New FAAN MD
The Federal Government on Monday appointed Captain Rabiu Hamisu Yadudu as the new Managing Director of the Federal Airports Authority of Nigeria (FAAN) with immediate effect. Until his new appointment, he was Director of Operstions, FAAN.He rep...

Rotary Honours NSE With Outstanding Company Award
The Nigerian Stock Exchange (NSE) has received “Rotary Outstanding Invaluable Company Award” from Rotary International District 9110, Nigeria, one of the 535 Districts that make up Rotary International worldwide. It comprises over 100 Rotary Clubs wit...

SEC Boss To Nigerians: Beware, Loom Is A Ponzi Scheme
The Securities and Exchange Commission, SEC, has raised the alarm over the activities of some alleged online fraudsters, who are currently running an online investment scheme tagged ‘Loom Money Nigeria’.SEC explained that Loom Money Nigeria, is taking over...

APM Terminals Expands Scope, Integrates Into Maersk Logistics & Services
Come August 1, 2019, APM Terminals Inland Services will be integrated into Maersk Logistics & Services, providing customers with seamless access to a wider range of logistics & services offerings. This is a next step for A.P. Moller – Maersk...

NSE Admits 20.35billion Shares Of MTN
The Nigerian Stock Exchange (NSE) has admitted by introduction 20.35 billion (20,354,513,050) ordinary shares of MTN Nigeria Communications Plc (MTN ) at N90 per share, on its Premium Board, on Thursday, May 16, 2019. MTN Nigeria, a part of the ...

NIMASA Commences Process To End Gas Emission On Vessels
The Nigerian Maritime Administration and Safety Agency (NIMASA) on May 10 had a landmark inaugural installation ceremony of the Thorium-X tablet, a fuel consumption data collection device, on board a Nigerian-flagged fuel tanker vessel, MT KINGIS, commencing t...