Uber is changing the way Lagos driver-partners access finance and grow their small businesses. The global ride-sharing platform has partnered with the Lagos State Employment Trust Fund (LSETF) who will provide access to finance for budding transport entrepreneurs at just…
Senate advocates overhaul of NYSC
The Senate has urged the Federal Government to overhaul the National Youth Service Corps (NYSC) in the interest of corps members and all stakeholders. The resolution on Thursday followed a review of the death of three corps members – Miss…
NSE Photo News
L – R shows Haruna Jalo-Waziri, Executive Director, Capital Markets Division, The Nigerian Stock Exchange (NSE); Sam Oyemelukwe, Head of Anglophone Africa, Trace TV, Kenny Saint Brown, Recording Artist; Oscar N. Onyema, OON, Chief Executive Officer, NSE; Audu Maikori, Founder, Music…
Citigroup, others to issue Nigeria’s $1b Eurobond in 2017
The Federal Executive Council (FEC) has approved the appointment of transaction parties for the one billion dollars Eurobond to be issued in January, 2017. Speaking after the Federal Executive Council (FEC) meeting on Wednesday, the Minister of Finance Mrs Kemi…
Dare Art Alade to host unveiling of GAC new GS4 Brand in Lagos
Come Monday, December 12, 2016, China’s leading automaker, GAC motors will be unveiling its GS4 brand at the Eko Hotels and Suites, Victoria Island Lagos. A delegation from China led by the General Manager of GAC Motors will be making…
FirstBank, Eventful to host Fiesta of Flavours
First Bank of Nigeria Limited has reinstated its commitment to economic diversification through support for the business, art and entertainment of food across all sectors of the economy. According to the Bank, realising that support for the agricultural value chain…
FG mandates auto dealers to publish ex-factory price of vehicles
In the spirit of transparency, President Muhammadu Buhari has directed all automobile dealers in Nigeria to publish ex-factory price of their vehicles with effect from 2017. The directive is based on a request forwarded to the President by the…
FirstMobile hits one million users, N1.3trilion transactions
FirstMobile, FirstBank’s mobile banking platform has recorded a milestone in its user numbers with the attainment of 1million active users. The mobile banking platform has also reached N1.3trillion transactions mark in its short period of launch. FirstBank launched FirstMobile as…
NIMASA DG canvasses utilization of PPP model for maritime infrastructure
Adequate provision of basic infrastructure has been identified as a necessary step capable of unlocking the vast opportunities in Nigerian maritime industry. This position was canvassed by the Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr….
Lai Mohammed pledges to revamps Nigeria’s tourism potentials
The Minister of Information and Culture, Alhaji Lai Mohammed, has pledged to leave a legacy of turning Nigeria’s rich tourism potentials to a tourism economy. The Minister made the pledge in Abuja on Tuesday when he received the International Tourism Adviser of…
Egypt arrests ‘organ trafficking ring’
(BBC) Egyptian authorities have arrested doctors, nurses and professors suspected of being involved in an international organ trafficking ring. The arrests of at least 25 people on Tuesday also included organ buyers and middlemen, the country’s Administrative Control Authority said. Authorities…
Terminal operators seek reduction in Customs duty on vehicles
The Seaport Terminal Operators of Nigeria (STOAN) has commended President Muhammadu Buhari for banning the importation of vehicles into the country through the land borders. STOAN Chairman, Princess Vicky Haastrup, while reacting to the ban announced by the Federal Government…
Auto Policy: The controversy continues
The controversy trailing implementations of Nigeria’s automotive policy assumed a new dimension on Monday with the outright ban on importation of vehicles through the land borders. Indeed, the policy, unveiled in 2013 by the administration of former President Goodluck Jonathan’s…
NLNG commissions $2m laboratory at UNN
Nigeria LNG Limited (NLNG), recently, at the University of Nigeria, Nsukka (UNN) commissioned a $2 million NLNG/UNN Engineering Laboratory donated to the institution as part of the company’s $12 million University Support Programme (USP). NLNG’s USP was launched in 2014…