The private sector hold the key to the quick recovery of Nigeria’s economy from recession, President Muhammadu Buhari has said. Speaking on Thursday at the 44th Annual General Meeting (AGM) of the Manufacturers Association of Nigeria (MAN) in Abuja, Buhari…
South Africa probes Maersk, CMA CGM, others over alleged price fixing
The premises of six cargo shipping companies operating in the Western Cape and Kwazulu-Natal provinces were raided on September 28, according to the Competition Commission of South Africa. The Commission said it has reasonable grounds to suspect that Hamburg Süd South Africa,…
Edo: Buhari congratulates Obaseki
President Muhammadu Buhari has congratulated the government and people of Edo State on the successful conclusion of the governorship election and the victory of the All Progressives Congress (APC) candidate Godwin Obaseki. In a telephone call to Edo State Governor…
Buhari mourns Peres, ex-Israeli President
President Muhammadu Buhari has extended condolences to the government and people of the State of Israel over the death of former President and Prime Minister, Shimon Peres. Buhari, in a statement by the Special Adviser on Media and Publicity, Femi…
FBN Holdings supports Cerebral Palsy Day with advocacy campaign
Come Saturday October 1, 2016, FBN Holdings Plc, in collaborating with the Benola Cerebral Palsy initiative will organise a charity walk and enlightenment campaign to commemorate World Cerebral Palsy Day. According to FBN Holdings, the walk will take off at…
Olu of Warri seeks utilisation of Seaports
AS part of measures to revive economic activities, the Olu of Warri, Ogiame Ikenwoli Emiko has appealed to the Nigerian Maritime Administration and Safety Agency, (NIMASA) to facilitate the effective utilisation of the Warri and Koko Seaports. The traditional…
Cosco wins concession of new Port’s Terminal for 35 years
Port developer and operator Abu Dhabi Ports has awarded a 35-year concession to build and operate a new container terminal at Khalifa Port to China-based Cosco Shipping Ports Limited – Abu Dhabi (CSPL SPV). Cosco Shipping Ports Limited will operate…
Edo: Collation of results begin today
The Resident Electoral Commissioner for Edo, Mr. Sam Olumekun, said last night that collation of results for the governorship election would begin today. Olumekun stated in Benin last night after a closed-door meeting with a National Commissioner and two Resident…
FRSC Photo News
ADVOCACY VISIT BY UNIT COMMANDER ACC OO OLUMOTANMI AND UNIT HEAD OF OPERATIONS CRC MO ADESUYI TO MANAGING DIRECTOR, BUA SUGAR REFINER LIMITED,APAPA,IBRAHIM ABUBAKAR YARO,ON SPEED LIMITER AND FLEET REGULATIONS
Panel seeks merger of Customs, FIRS
To sustain accountability and improve revenue generation, the National Tax Policy Review Committee has advised the Federal Government to merge the Federal Inland Revenue Service (FIRS) and Nigeria Customs Service (NCS). Presenting draft of the policy at the Committee’s…
‘Tourism is Nigeria’s new oil’
Despite the current economic recession, Nigeria’s future is bright, as the country diversifies its economy away from oil, the Minister of Information and Culture, Alhaji Lai Mohammed, said in Lagos on Tuesday. Speaking at a ceremony to mark the 2016 World Tourism Day…
Nigeria to reintroduce weigh bridges
(NAN) The Minister of Power, Works and Housing, Babatunde Fashola, said on Tuesday that the Federal Government would reintroduce the use of weigh bridges on the nation’s highways. Mr. Fashola made the disclosure while answering questions from journalists at the…
Ford confirms Coscharis as sole distributor in Nigeria
*Ends relationship with RT Briscoe – Ford Motor Company has consolidated its dealer representation in Nigeria, ending its association with local distributor RT Briscoe as of 30 June 2016, while reinforcing its partnership with Coscharis Motors Limited as the country’s…
Senate probes four banks over alleged MTN’s transfer of $13.9B
The Senate has directed its Committee on Banking, Insurance and Other Financial Institutions to investigate the alleged illegal repatriation of $13.9 billion to South Africa by MTN through its bankers between 2006 and 2016. The probe is also expected…