Presco Plc has concluded plans to commence the construction of Ugo-Evboesi axis of the Benin-Abraka Road under the Edo State Infrastructure Development and Social Investment Tax Credit Scheme.The scheme was set up by Governor Godwin Obaseki to enable companies undertake…
AAAM Harps On Legal Framework For NAIDP
The Africa Association of Automotive Manufacturers (AAAM), on Tuesday, 20th August, 2024, made a passionate appeal for proper legislation of the 2023-Nigeria Automotive Industry Development Plan (NAIDP), which according to them would enhance rapid development of the Industry.A delegation from…
CBN Explains High Remittance Inflows Of $553m In July
For the Month of July, 2024, the Central Bank of Nigeria (CBN) has reported a significant increase in remittance inflows, reaching $553m, a 130 per cent increase from the corresponding period in 2023. A statement by the Apex bank’s Ag….
Kogi To Host GOCOP 2024 Conference on Power, Insecurity, Digital Economy
The Guild of Corporate Online Publishers (GOCOP) has said that its 2024 annual conference will be held in Kogi state on Thursday, October 3. A statement by the Publicity Secretary of GOCOP, Sir Remmy Nweke, quoted the 2024 Conference Planning Committee…
Court Of Appeal Orders Yahaya Bello To Show Up For Arraignment.
The Court of Appeal, sitting in Abuja on Tuesday, August 20, 2024 ordered a former Kogi State governor, Yahaya Adoza Bello to present himself before Justice Emeka Nwite of the Federal High Court, Maitama, Abuja, for arraignment before any further…
Minister Reiterates Support For Badagry Deep Seaport
The Minister of Marine and Blue Economy, Adegboyega Oyetola, has reiterated the Ministry’s commitment to facilitate the process that would lead to the realization of the Badagry Deep Sea port project.Speaking on Tuesday in Abuja during a meeting with the…
NADDC, AAAM Team Visit Mikano, Vita Parts, Chanrai, Others
Inline with the developmental programmes of the 2023-Nigeria Automotive Industry Development Plan geared towards enhancing automotive components Integration in the industry, the National Automotive Design and Development Council (NADDC) and the African Association of Automotive Manufacturers (AAAM) on Monday, 19th…
NPA Set To Implement Electronic Call-Up At Onne Port Complex
Photo Caption: Managing Director / CEO Nigerian Ports Authority (NPA) Dr. Abubakar Dantsoho (Middle), Executive Director Marine & Operations NPA , Engr. Olalekan Badmus (4th Left), Chief Executive Officer Callup Technology Services Limited Mr. Timi Koleolu (4th Right), Chairman Callup…
FG Appoints New Management Team For Niger Delta Power Holding Company
President Bola Tinubu has approved the appointment of a new management team for the Niger Delta Power Holding Company (NDPHC) with Engineer Jennifer Adighije as the Managing Director/Chief Executive Officer. A statement issued by the Special Adviser to the President on Media…
FirstBank Commemorates Corporate Responsibility & Sustainability Week
FirstBank has announced its 2024 Corporate Responsibility and Sustainability (CR&S) Week, scheduled for 19 to 24 August. A statement explained that this year’s edition aims to reinforce the bank’s positive outcomes of sowing seeds of kindness by empowering the lives of…
EFCC Arraigns Man For Alleged N600m, $50,000.00 Fraud
The Lagos Directorate of the Economic and Financial Crimes Commission, EFCC, on Monday, August 19, 2024, arraigned one Ayodele Toyosi for an alleged investment fraud before Justice A.M. Lawal of the Lagos State High Court sitting in Ikeja.The defendant was…
Tinubu Seeks Stronger Anti-Corruption Structures, Regime In West Africa
President Bola Ahmed Tinubu has called on countries within the West African region to strengthen anti-corruption agencies in their territories and offer them ample opportunities to operate in order to tackle the scourge of corruption more effectively.He gave the charge…
NNPC Declares N3.3tri Net Profit, N2.1tri Dividend
The NNPC Limited has released its 2023 Audited Financial Statement (AFS), declaring a net profit of N3.297 trillion at the close of the financial year which ended in December 2023, an increase of over N700billion (28%) when compared to the…
Ojo Quits Sifax Group, Resumes As TITC Corporate Communications Lead
To solidify its status as the leading terminal operator in Nigeria and position the company for its next strategic level growth phase, Tin Can Island Container Terminal, operator of Terminal B, Tin Can Island Port has appointed Philips Ojo to…