31.4Lagos

Friday, 2 May 2025

CBN Retains Monetary Policy Rate At 13.5%

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), has retained the Monetary Policy Rate (MPR) at 13.5 per cent. The CBN Governor, Mr Godwin Emefiele made this known while addressing newsmen on outcome of the MPC…

Mercedes-Benz Secures Approval For Driverless Parking

Bosch and Daimler have reached a milestone on the way to automated driving: the two companies have now obtained approval from the relevant authorities in Baden-Württemberg for their automated parking system in the Mercedes-Benz Museum parking garage in Stuttgart. The…

Railway Group Lauds Re-Appointment Of Amaechi

A railway advocacy group,African Railway Roundtable has commended President Muhammadu Buhari of Nigeria for re-appointing former Minister of Transportation,Rotimi.Amaechi into the Nigerian federal cabinet. In a statement issued by its Chief Operating Officer,Segun Olanjorin,the group noted that “as a major…

NPA Boss Seeks More Rail, Seaport Synergy

By Moses Ebosele, ebosele@hotmail.com — No country should contemplate establishing Seaport without the complement of adequate Rail Transportation, Managing Director, Nigerian Ports Authority (NPA), Hadiza Bala Usman has said.  Speaking at the West Africa Rail Revolution Conference in Lagos on…

British Airways Pilots Vote In Favour Of Strike

British Airways pilots have voted in favour of strike action in a dispute over pay, threatening a walkout over the key summer holiday period. The British Airline Pilots’ Association (Balpa) said 93% of its members had voted in favour of…

BMW Delivers 12,52,837 Units In Six Months

BMW Group has posted its best-ever first half of the year sales with 12,52,837 units sold between January-June 2019, marking 0.8% growth compared to the same period last year, says the German company in a release. This success bucks the…

Buhari: 11, 000 MGW Achievable By 2023

President Muhammadu Buhari Monday in Abuja challenged stakeholders in the electricity sector to improve supply to Nigerians, urging them to reach 7, 000 megawatts by 2021, and work towards 11, 000 megawatts by 2023, while ensuring better distribution to businesses…

Buhari Greets Jakande At 90

President Muhammadu Buhari sends warm felicitations to former Governor of Lagos State, Alhaji Lateef Kayode Jakande, who turns 90 on July 23, 2019, congratulating him for courage in pursuing a vibrant career in journalism and leaving a lasting legacy in…

PSN Honours Fidelity Bank

Fidelity Bank Plc has received accolades for its unwavering support for the healthcare value chain in Nigeria. The Board of Fellows of the Pharmaceutical Society of Nigeria (PSN) made the commendation at the Society’s Annual Dinner & Award Night in…

Toyota To Lead Training Session At 2019 NAJA Workshop

Toyota Nigeria Limited will be presenting a technical training session on Friday this week, at the 2019 Nigeria Auto Journalists Asociation Training/Capacity Building Workshop at the Golden Tulip Hotel, along Airport Road in Lagos. Among others expected to make presentation…

NPA Photo News

L-R: the Executive Secretary, Shippers’ Council, Hassan Bello, the Managing Director NPA, Hadiza, Bala Usman, former Minister of Transportation, Rt. Hon. ChibuikeRotimiAmaechi, wife of the former Minister, Dame Juliet Amaechi, DG NIMASA, PetersideDakuku&  his wife, Mrs. Dakuku, during the send…

LNG: Firm Seals Long-Term Contract To China

Canadian company, FortisBC has entered into its first term supply agreement to produce liquefied natural gas (LNG) for Top Speed Energy Corporation to export to China. This term supply agreement is said to be a major development in Canada’s LNG…

CBN Implores Banks On Relationship With Customers

The Central Bank of Nigeria (CBN) has advised banks and other financial institutions in the country to be transparent in their dealings in order to build customers’ confidence. Kofo Salam-Alada, the Director, Consumer Protection Department of CBN gave the advice…