All-New MG RX5 Displays Strength, Technology, Comfort

All-New MG RX5 Displays Strength, Technology, Comfort

 The all-new MG RX5 marks the debut of the second generation of this popular SUV, demonstrating the British-born brand’s dedication to diversifying its lineup with a sporty new model.   The new vehicle is now available in Nigeria at Stallion Motors...
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CBN Allocates $106.5m To 29 FX Dealer Banks

CBN Allocates $106.5m To 29 FX Dealer Banks

The Central Bank of Nigeria (CBN) has announced the sale of $106.5 million as foreign exchange (FX) to 29 FX dealer banks.  In a statement issued on Friday by Dr Omolara Omotunde Duke, Director, Financial Markets Department, it was disclosed...
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Auto Stakeholders Commence Exhibition Of  Made-In-Nigeria Vehicles 

Auto Stakeholders Commence Exhibition Of  Made-In-Nigeria Vehicles 

The Nigeria Automotive Industry Stakeholders Conference, anchored by Value Plus Creation and Data Technology Managers in collaboration with the National Automotive Design and Development Council (NADDC), on Wednesday, 17th July,  2024, commenced profiling...
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NDDC Boss Harps On Effective, Professional Workforce

NDDC Boss Harps On Effective, Professional Workforce

Managing Director of the Niger Delta Development Commission, NDDC, Dr Samuel Ogbuku, has stressed the importance of an effective and professional workforce duly equipped with skills and well-motivated by sustainable wages to drive the Commission’s efforts to...
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FG Tasks New NEITI Board On Resource Mobilisation

FG Tasks New NEITI Board On Resource Mobilisation

The Federal Government has challenged the newly reconstituted Board of the Nigeria Extractive Industries Transparency Initiative (NEITI) to strengthen the agency’s drive towards domestic resource mobilization.  Secretary to the Government of the Federat...
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Tinubu Appoints Dantsoho NPA MD 

Tinubu Appoints Dantsoho NPA MD 

President Bola Tinubu has approved the appointment of Dr. Abubakar Dantsoho as the Managing Director of the Nigerian Ports Authority (NPA). The President has also approved the appointment of Senator Adedayo Adeyeye as Chairman of the Board of the Nigerian...
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UBA’s GMD Emerges Chairman, CIBN Body Of Banks’ CEOs

UBA’s GMD Emerges Chairman, CIBN Body Of Banks’ CEOs

The Group Managing Director/Chief Executive Officer, United Bank for Africa, (UBA) Plc, Oliver Alawuba has been appointed as the Chairman of the Chartered Institute of Bankers of Nigeria (CIBN) Body of Banks’ CEOs.The CIBN announced this appointment on its w...
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How To Lift Nigeria’s Auto Industry, By NAMA

How To Lift Nigeria’s Auto Industry, By NAMA

Nigeria’s automotive industry holds significant potential to contribute to the country’s economic development, the Nigeria Auto Manufacturers Association (NAMA) has said.In his presentation at the maiden edition of the Nigeria Auto Industry Summit ...
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Presco Appoints Acting Company Secretary 

Presco Appoints Acting Company Secretary 

The Board of Directors  of Presco Plc has approved the appointment of the law firm of Abdulai, Taiwo & Co as Acting Company Secretary/General Counsel effective 1st July 2024.  In a notice to the Nigerian Exchange Limited (NGX), its shareholders.....
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Edo, Oando To Generate 175MW Wind Energy

Edo, Oando To Generate 175MW Wind Energy

The Edo State Government’s renewable energy programme being implemented in partnership with Oando Energy will result in the construction of wind turbines across three locations in the three senatorial districts of the State.The locations, according to studie...
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NADDC To Partner Oando Clean Energy On Vehicle Electrification 

NADDC To Partner Oando Clean Energy On Vehicle Electrification 

The  National Automotive Design and Development Council (NADDC) and Oando Clean Energy are set to forge closer ties on Vehicle Electrification.   According to NADDC, a courtesy visit  to the Council  by Oando Clean Energy Executive Vic...
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Ministry To Grow Eastern Port Vessel Traffic  

Ministry To Grow Eastern Port Vessel Traffic  

The ministry of Marine and Blue Economy, on Tuesday, said it’s poised to provide the facilitation and advocacy required to grow the vessel traffic to the Eastern port.  Speaking at the commissioning of 4.8km road and Marine craft at Onne...
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NLNG MD:FG’s Executive Order On Oil And Gas Will Unlock Gas investments

NLNG MD:FG’s Executive Order On Oil And Gas Will Unlock Gas investments

The Managing Director and Chief Executive Officer of Nigeria LNG Limited (NLNG), Dr. Philip Mshelbila, on Tuesday, expressed optimism regarding the recent Executive Order on Oil and Gas Reforms signed by Present Bola Ahmed Tinubu (GCFR).According to Dr. Mshelb...
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