President Bola Tinubu on Thursday inaugurated the Presidential Economic Coordination Council (PECC) tasked with strategising a way out of the current economic situation in the country. The Council has a mix of government officials, top private sector players, and consultants…
NGX Group Confirms Chiemeka as CEO Of NGX Limited
Nigerian Exchange Group Plc (NGX Group) has confirmed the appointment of Mr. Jude Chiemeka as the substantial Chief Executive Officer of Nigerian Exchange Limited, its operating exchange subsidiary. According to NGX Group, the appointment was effective July 1, 2024, following…
Ethiopian Airlines Extends Service To Warsaw, Poland
Ethiopian Airlines, Africa’s largest network operating carrier has announced the commencement of its four times-weekly new flight services to Warsaw, the capital and largest city of the Republic of Poland, via Athens as of 01 July 2024. The flight departed…
Driver Jailed 12 Years For Killing LASTMA Officer
The Lagos High Court sitting in Ikeja on Thursday convicted and sentenced a commercial bus driver, Elijah Shokoya, to 12 years imprisonment for killing an officer of the Lagos State Traffic Management Agency (LASTMA). Justice Oyindamola Ogala jailed Shokoya after…
Access Holdings Leads In PBSI Ranking
In recognition of its outstanding performance, Access Holdings PLC has been named the leading Tier-1 Bank in the 2024 Proshare Bank Strength Index (PBSI) report. The PBSI, which evaluates banks based on a comprehensive set of financial metrics derived from…
NPA Unveils New Tugboats
Minister of Marine and Blue Economy, Adegboyega Oyetola, has commissioned three newly acquired 80 tons bollard pull tugboats deployed to enhance the berthing of vessels at the Dangote Refinery and Lekki Deep Seaport.Christened MT IRAGBIJI, MT DAURA, and MT BAMA,…
Customs Impounds Firearms, Drones At Lagos Airport
The Nigeria Customs Service (NCS) has seized assorted arms, drones, and military accoutrements worth ₦1.5bn exported from Turkey to Lagos State. Comptroller General of Customs, Adewale Adeniyi, disclosed this in Lagos on Wednesday at the Murtala Muhammed Area Command of…
Photo News
R- L : President / CEO, Coscharis Group, Dr. Cosmas Maduka; United States of America Consul General to Nigeria , Mr. Will Stevens; General Manager, Marketing and Corporate Communications, Coscharis Group, Mr. Abiona Babarinde at the 248th Anniversary of USA Independence held at the residence…
Loverworld Medical Centre Hosts International Symposium On Nuclear Medicine
The 2024 International Loveworld Medical Symposium on Radionuclide Therapy and Oncology is set to take place on the 6th of July 2024 at the Loveworld Medical Centre, located at 51/53 Kudirat Abiola Way, Oregun, Lagos. With a theme centered on…
NOVA Bank Commences Operations As National Commercial Bank.
NOVA Bank, formerly known as NOVA Merchant Bank, has officially commenced operations as a National Commercial Bank, as the bank opened its first commercial banking branch at 18, Kofo Abayomi Street, Victoria Island.This follows the Central Bank of Nigeria’s (CBN)…
At TAAM Conference, Experts Outline Blueprint For Sustainable Shipping
As Nigeria continues to harness the potential of its maritime sector, experts have advocated for sustainable practices to ensure the long-term health and productivity of its blue economy.According to various experts who spoke at the sixth edition of the Taiwo…
CBN To Sanction Banks, BDCs Over Rejection Of Lower Dollar Bills
The Central Bank of Nigeria (CBN) has issued a warning to Deposit Money Banks (DMBs) and authorised forex dealers, advising them against rejecting old and lower dollar denominations from customers in the country. According to the apex bank, the directive…
Bill To Repeal NIMC Act Passes Second Reading
A bill to repeal the National Identity Management Commission (NIMC) Act 2007 has passed the second reading in the Senate. The bill provides for the establishment of a National Identity Database, and the NIMC is charged with the responsibilities for…
NNPC Declares State Of Emergency On Crude Oil Production
In a move towards increasing Nigeria’s crude oil production and growing its reserves, NNPC Ltd has declared a state of emergency on production in Nigeria’s oil and gas industry.Group Chief Executive Officer of NNPC Ltd, Mr. Mele Kyari, disclosed this…