Donald Trump has settled three Trump University lawsuits for $25m (£20m), the New York Attorney General has said. The US president-elect was being sued by former students who paid $35,000 (£28,000) for real estate “secrets” from his “hand-picked” instructors. Mr…
Kachikwu canvasses early repairs of refineries
The Minister of State for Petroleum Resources, Dr. Emmanuel Ibe Kachikwu has called for the prompt rehabilitation of the nation’s refineries as part of measures to prevent them from being sold as scrap. Speaking on Thursday at a stakeholders’…
Export Expansion Grant resumes in 2017
The Export Expansion Grant (EEG), which was suspended in 2014 following allegations of widespread abuse and the accumulation of significant liability on the Negotiable Duty Credit Certificate (NDCCs), will resume in 2017, Minister of Industry, Trade and Investment, Dr Okechukwu…
FRSC proposes night patrol for Lagos axis
As part of measures to tackle traffic challenges along the Lagos-Ibadan expressway, especially towards the Lagos end of the busy road, the Federal Road Safety Commission (FRSC) is to maintain 24 hour partrol along the axis. The Corp Marshal…
NISFCOE Photo News
The Chairperson, Shipowners’ Forum, Mrs. Margaret Onyema-Orakwusi delivering a goodwill message at the just concluded Nigeria Ship Finance Conference & Exhibition (NISFCOE 2016)
Minister seeks Governors’ support for ‘Change Begins With Me’
The Minister of Information and Culture, Alhaji Lai Mohammed, has canvassed the support of State Governors for the success of theFederal Government’s National Re-orientation Campaign, “Change Begins With Me”, which was launched by President Muhammadu Buhari on 8 Septeber 2016. Speaking while formally…
Elumelu to African Youth: Your time for leadership is now
African business leader and philanthropist, Mr. Tony O. Elumelu has stated that the time for leadership amongst Nigerian and African Youth is now. Elumelu, who addressed the students of the Lagos State University, faculty members and officials of the Lagos State…
CMA CGM Strengthens Asia-Red Sea Service
French container shipping major, CMA CGM has launched REX3, a new service connecting Asia and the Red Sea. The new service will link Djibouti, Saudi Arabia, Egypt, Jordan, Singapore and China. In addition to the calls offered in the company’s…
NSE Photo News
L – R shows Favour Femi-Oyewole, Chief Information Security Officer, The Nigerian Stock Exchange (NSE); Rex Mafiana, Chief Executive Officer, FPG Technologies and Solutions Limited; Ade Bajomo, Executive Director, Market Operations and Technology, NSE; Jinmi Oluanuiga, Vice President, DBH Solutions…
African Securities Exchanges partner CISI on professionalism, common certification in capital markets
The African Securities Exchanges Association (ASEA) and the Chartered Institute for Securities & Investment (CISI) have signed a Memorandum of Understanding (MoU) to provide an effective framework to develop a common certification programme across the 26 ASEA Member Exchanges. The…
‘Illegal artifacts trafficking bane of Nigeria’s quest to leverage on tourism, heritage’
The Minister of Information and Culture, Alhaji Lai Mohammed, has commended the members of the Artifacts Rescuers Association of Nigeria for playing a strategic role in the preservation of the nation’s cultural heritage, saying the ministry will continue to partner…
Edo Assembly approves pension for life,N200m house for Oshiomhole
The Edo State House of Assembly on Wednesday amended the “2007 Pension Rights of the Governor and Deputy Governor Law” to pave way for a home of N200 million for former Governor Adams Oshiomhole. According to the amended law, Oshiomhole’s…
NIMASA Board approves development of new offices in Warri, PH, Onne
The Governing Board of the Nigeria Maritime Administration and Safety Agency (NIMASA) has approved the development of new zonal offices and a multi level car park at the Agency’s head office using a Design, Build and Finance (DBF) model under…
Maritime University Bill scales second reading
Despite scrapping of the Maritime University of Nigeria located in Delta State by the Minister of Transport, Rotimi Amaechi, a bill for its establishment on Wednesday scaled second reading at the Senate. The bill sponsored by James Manager was unanimously…