The Danish Maritime Authority (DMA) has taken a step toward the masterless ships as it is launching a pre-study on autonomous ships together with the Technical University of Denmark (DTU). The cooperation between the parties has an aim to increase the common knowledge…
NLC Photo News
L – R, Nikhil Rathi, Chief Executive Officer, London Stock Exchange (LSE); Chinelo Anohu-Amazu, Director General, National Pension Commission (PENCOM); Greg Hands, UK Minister for International Trade; Kemi Adeosun, Nigeria’s Minister of Finance; Bukar Kyari, Managing Director, Central Securities Clearing…
Minister hails rich cultural history of Benin Kingdom
The Minister of Information and Culture, Alhaji Lai Mohammed, has hailed the very rich cultural history and tradition of the ancientBenin Kingdom, one of the famous destinations during the exploitation of the African continent by the Europeans. Speaking at the opening of the…
AT&T explains $86B deal with Time Warner
(BBC) The US telecoms giant AT&T has announced that it will buy entertainment group Time Warner for nearly $86bn (£70bn). The deal was agreed at a meeting of the two boards on Saturday but will still need to be approved…
Mitsubishi joins Renault-Nissan alliance
(Auto News) Carlos Ghosn has officially folded troubled Mitsubishi Motors into the Renault-Nissan alliance and appointed himself chairman, forecasting nearly half a billion dollars in savings as soon as next year as the group joins a small club of automakers…
Collaboration with London Stock Exchange deliberate, strategic, says Onyema as Adeosun opens trading
The Chief Executive Officer of Nigerian Stock Exchange (NSE), Oscar Onyema has described collaboration with London Stock Exchange (LSE) as deliberate and strategic. Speaking at the third anniversary of London & Lagos Capital Markets partnership conference, in London on…
FBN Capital to host Govt, Business leaders at annual conference
In line with its commitment to provide a platform that will facilitate interaction for identifying sustainable growth opportunities in Nigeria, FBN Capital Limited, the Investment Banking and Asset Management subsidiary of FBN Holdings Plc. will host its Annual Investor Conference…
NPA pledges improve power generation at seaports
The Management of Nigerian Ports Authority (NPA) has called on operators at the Nation’s Seaports to collaborate as part of measures to boost power generation. The chairman of the Organisation’s board of Directors Mr. Emmanuel Adesoye, who gave this…
Senate tasks FG on withdrawal of airlines from Nigeria
The Deputy Senate President, Senator Ike Ekweremadu has described withdrawal of airlines from Nigeria as a bad omen for the country. Speaking during a session on the proposed concessioning of four airports on Thursday, the Deputy Senate President explained that…
AfDB approves $40m loan for Afe Babalola University
The Board of Directors of the African Development Bank (AfDB) Group has approved an eight-year $40-million corporate loan to the Afe Babalola University (ABUAD) in Ado Ekiti (Nigeria), to finance part of the university’s expansion plan. According to the…
UBA, MEC, unveil revolutionary Omni-Channel Payment System, EmailMoni
MEC Incorporated has entered into agreements with United Bank for Africa (UBA) Plc to provide a revolutionary email-based billing, payment and banking software system called “EmailMoni.” EmailMoni, according to UBA represents the world’s latest fin-tech for cloud banking and social payments,…
New National Counter Terrorism Strategy underway in Nigeria
(NAN) The Federal Government on Thursday said it had put in place the needed structures for the full implementation of the National Counter Terrorism Strategy (NACTEST). The National Security Adviser, Babagana Monguno, said this in Lagos at the opening of…
Dangote canvasses tax relief for SMEs
Foremost Businessman and President/ Chief Executive of Dangote Group, Aliko Dangote, on Thursday urged government at all levels to reduce the multiple taxes placed on small and medium businesses (SMEs). Dangote said in a statement in Lagos explained that the…
FERMA comes under scrutiny
The Federal House of Representatives has resolved to probe how the Federal Roads Maintenance Agency (FERMA) utilised its budgetary allocation from September, 2015 till date. The resolution was based on the adoption of a motion by Representative Kamale Adamu and…