First, let me say how pleased I am to be here today. There are two events taking place here today: the first is the formal release ceremony to discharge Indorama Eleme Petrochemicals Limited, (IEPL), from the mandatory Monitoring Programme of…
Obaseki inaugurates committee on health insurance scheme
The Edo State Governor Mr. Godwin Obaseki has inaugurated a committee to design the framework for a world class health insurance scheme (Edo Health Insurance Scheme) that will be the pride of Edo people and the African continent. The committee…
Porsche recalls 22,000 cars
Germany’s transport minister has announced a recall of 22,000 Porsche cars to remove what he says is illegal emissions-controlling software. He said that luxury marque Porsche would bear the cost of the recalls of the affected 3-litre Cayenne models. It…
EU to Belgium, France: Abolish tax exemptions for Ports
The European Commission has asked Belgium and France to abolish the corporate tax exemptions granted to their ports, so as to align their tax regime with EU state aid rules. In Belgium, a number of sea and inland waterway ports,…
Osinbajo inaugurates $1.5B Indorama fertilizer plant
Acting President, Yemi Osinbajo, will inaugurate a new world-class fertilizer plant built by Indorama Eleme Fertilizer and Chemicals Limited on Thursday in Port Harcourt, Rivers State. The plant with production capacity for 1.5 million Metric Tons of Urea fertilizer is…
Obaseki seeks support for basic education, environmental protection
The Edo State Governor, Mr. Godwin Obaseki, has sought the collaboration of His Royal Majesty, Omo N’Oba N’Edo Uku Akpolokpolo, Oba Ewuare II, the Oba of Benin, in the areas of basic education and protection of the environment. The…
FG prepares information officers to tackle fake news
The Minister of Information and Culture, Alhaji Lai Mohammed, said the Ministry has strengthened the capacity of its Information Officers to tackle the menace of fake news with fact-based counter-narrative. The Minister stated this in Abuja on Wednesday in his keynote…
NSE Photo News
L – R:Sanusi Musa, Securities and Exchange Commission (SEC) Nigeria; Godstime Iwenekhai, The Nigerian Stock Exchange (NSE); Tinuade Awe, General Counsel and Head, Regulation, NSE; Kencho Omojafor, Medview Airline Plc and John Bentur, Securities and Exchange Commission (SEC) Ghana at…
Edo to revamp basic education system
The Edo State Governor Mr. Godwin Obaseki yesterday unveiled some of the strategies designed by his administration for the revamping of Basic Education system in the state. Speaking at a one-day Basic Education Stakeholders’ Forum in Benin City, Obaseki explained…
NPA Photo News
Minister of Transportation, Rt. Hon. Chibuike Rotimi Amaechi (2nd left), TheManaging Director of the Nigerian Ports Authority (NPA), Hadiza Bala Usman (right), Chairman House Committee on Ports, Harbours and Waterways, Hon. Pat. Asadu, and Managing Director, NIWA, Boss Mustapha at…
EFCC recovers N328.9b from NNPC retails, Oando, Total, Mobil, others
The Economic and Financial Crimes Commission (EFCC) has recovered a total sum of N328, 988,296,990.62 from NNPC retails, Oando Plc, Mobil Plc, Conoil Plc, Total Plc, OVH Energy Plc, Forte Oil and Gas Plc, MRS Oil Plc and NIPCO Oil…
SEC to sanction firms, capital market operators over tax default
The Securities and Exchange Commission (SEC) has advised Capital Market Operators (CMOs) and Public Limited Company (PLCs) to comply with the Voluntary Assets and Income Declaration Scheme (VAIDS) or face penalty. According to a statement, SEC is encouraging all taxpayers in the…
Obaseki inaugurates 12 permanent secretaries
Edo State Governor, Mr. Godwin Obaseki, on Tuesday in Benin City inaugurated twelve new Permanent Secretaries with a charge that any government official that engages in acts of corruption will be dismissed and tried in court. Obaseki stressed that…
Guinness Nigeria Photo News
L–R:Ron Plumridge, Finance Director, Guinness Nigeria Plc; Viola Graham-Douglas, Corporate Relations Director, Guinness Nigeria Plc; Haruna Jalo-Waziri, Executive Director, Capital Markets Division, The Nigerian Stock Exchange (NSE); Peter Ndegwa, Managing Director/CEO, Guinness Nigeria Plc; Babatunde Savage, Chairman, Guinness Nigeria Plc…