The Central Bank of Nigeria (CBN) has again injected the sum of $210 million into the inter-bank Foreign Exchange Market. Figures obtained from the CBN on Tuesday, June 18, 2019, indicated that authorized dealers in the wholesale segment of the…
Baru Decries Cross-Border Smuggling of Petroleum Products
Group Managing Director of the Corporation, Dr. Maikanti Baru, called on members of the Nigerian Union of Journalists to join the Corporation is naming and shaming cross-border smugglers of petroleum products. Dr. Baru, made the call when he played host…
IOSCO Implores Capital Market Authorities On Cyber Risk
The Board of the International Organization of Securities Commissions (IOSCO) on Tuesday issued a final report that provides an overview of three internationally recognized cyber standards and frameworks used by IOSCO members. It also identifies potential gaps in the application…
Dangote Cement Terminals To Generate $700m Forex
Dangote Cement Plc is to generate $700million forex from the cement terminals being constructed in Lagos State and Onne, Rivers State. Speaking at the 10th Annual General Meeting on Monday in Lagos, chairman of the company, Aliko Dangote, explained that …
UBA Foundation Celebrates International Day Of African Child
UBA Foundation, the corporate social responsibility arm of United Bank for Africa (UBA) Plc, on Monday, joined the rest of the world to celebrate the International Day of the African Child. The day which has been set aside by the…
Aisha Buhari Honours Female Soldiers
At a dinner to celebrate the female participants of the Democracy Day parade, Mrs. Aisha Buhari, First Lady of Nigeria has charged the celebrants to inspire young ones by being role models. She noted that the celebrants have won the…
ICC Nigeria, Gates Foundation Implore FG On Food Security
The Chairman of the International Chamber of Commerce Nigeria, who is also the Regional Coordinator of the global body for Sub-Saharan Africa, Babatunde Savage, has declared that the Federal Government of Nigeria and every other stakeholder need to devise a…
Activities Kick Off At Edo Production Centre
As business activities officially kick off at the Edo Production Centre, the Bank of Industry (BOI), Benin Chamber of Commerce, Industry, Mines and Agriculture (BENCCIMA) and other stakeholders have applauded the Governor Godwin Obaseki-driven initiative which has set the tune…
New Terminal Secures More Share Of LPG Market
With the recent launch of Canada’s first marine export terminal for propane, the country is set to attract a good share of the Asian LPG market, according to shipping consultancy Drewry. Altagas’s Ridley Island Export Terminal (RIPET), located in Prince…
Osinbajo: Men Must Honour Women, Treat Them As Equals
The responsibility of fatherhood in families and society is very crucial in setting good examples for future generations, as it would guide them in the right path to lead exemplary lives, the Vice President, Prof Yemi Osinbajo has said. Osinbajo…
PDP Lauds EU Report On Nigeria’s 2019 elections
The National Working Committee (NWC) of the Peoples Democratic Party (PDP) has commended the European Union (EU) on its final report on the 2019 general elections. The party made the commendation in a statement issued by its National Publicity Secretary,…
Photo News
Principal Manager, Market Development Department, Securities and Exchange Commission Mr Ahanecku Ikechukwu, Lecturer, Accounting Department University of Maiduguri Dr Nathan Amadi and Divisional Head Investor Education, Securities and Exchange Commission Mr Tunde Kamali during the Educational Visit of University of…
Elumelu To Empower 1,000 Northern Youths
Founder of Tony Elumelu Foundation, Tony Elumelu, has pledged to empower 1000 young entrepreneurs in northern Nigeria.Speaking on Saturday at Bayero University Kano (BUK), while receiving Doctor of Business Administration, Honoris Causa from the university, Elumelu explained that the new…
Firm Seals Two Charter Deals With MSC, Maersk Line
UK-based containership charter owner, Global Ship Lease (GSL) has agreed new charters for two of its vessels with container shipping majors.Both charters are commencing this June and include the 2,824 TEU GSL Valerie and the 5,095 TEU Orca.The 2005-built GSL…