Category: News

Elders Council Urges NDDC To Tackle Flood In Bayelsa
July 31, 2023 No Responses

Elders Council Urges NDDC To Tackle Flood In Bayelsa

The Bayelsa Elders Council has urged the Niger Delta Development Commission, NDDC, to collaborate with other development agencies and state governments to find a lasting solution to the perennial flood ravaging the Niger Delta region. Chairman of the Council and...
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Transcorp Attains N82.1b Revenue In Six Months
July 30, 2023 No Responses

Transcorp Attains N82.1b Revenue In Six Months

Transnational Corporation Plc (Transcorp Group), Nigeria’s leading conglomerate with investments in Power, Hospitality and Energy sectors has announced its financial results for the first half of the year ended June 30, 2023, recording growth across all...
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EU Suspends Security Cooperation, Budgetary Aid For Niger
July 30, 2023 No Responses

EU Suspends Security Cooperation, Budgetary Aid For Niger

The European Union (EU) has suspended all security cooperation with Niger after the country’s army took power in a coup. It comes shortly after the US declared its “unflagging support” for ousted president Mohamed Bazoum – seen as ...
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Customs M.M Airport Command Generates N38b In Six Months
July 30, 2023 No Responses

Customs M.M Airport Command Generates N38b In Six Months

Between January and June 2023, the Murtala Muhammed Airport MMA Command of the Nigeria Customs Service (NCS) generated N38,707,054, 216.44 representing 79.6 percent of the annual revenue target met. The Area Command Controller, M.S Yusuf in a statement explain...
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Ocean Giants To Forge Mega Fleet
July 30, 2023 No Responses

Ocean Giants To Forge Mega Fleet

China-based companies specializing in ocean-based heavy lift transport COSCO SHIPPING Specialized and Guangzhou Salvage have concluded a joint venture deal leading to the creation of a fleet of 18 semi-submersible vessels by the end of 2023. World Maritime New...
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UBA Explains Summer Treat With Exclusive Benefits, Discounts
July 29, 2023 No Responses

UBA Explains Summer Treat With Exclusive Benefits, Discounts

United Bank for Africa (UBA) Plc has assured customers of a memorable summer treat with the launch of exclusive benefits and discounts tied to its cards during this period.  Tagged, the #FunSummer campaign, customers are set to enjoy a wide...
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CAC To Delist 100,000 Firms
July 28, 2023 No Responses

CAC To Delist 100,000 Firms

The Corporate Affairs Commission (CAC) is to delist about 100,000 firms over failure to file annual returns in the last 10 years. Registrar General of the commission, Alhaji Garba Abubakar, who made this revelation in Lagos on Thursday at a training ...
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Acting Customs CG Visits FRSC, Harp On Collaboration
July 27, 2023 No Responses

Acting Customs CG Visits FRSC, Harp On Collaboration

As part of measures to enhance national security and curb revenue loss, the Federal Road Safety Corps (FRSC) and Nigeria Customs Service (NCS) have commenced an intensive vehicle database integration of the two government agencies. A statement issued by Assist...
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Four Contenders Join Race For HMM’s $3.9b Privatization
July 27, 2023 No Responses

Four Contenders Join Race For HMM’s $3.9b Privatization

Four bidders have thrown their hats in the ring for the privatization of HMM, Korea’s largest shipping company, as the government seeks to divest a controlling stake valued at 5 trillion won ($3.9 billion). HMM Co Ltd, formerly Hyundai Merchant...
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Wike, El-Rufai, Umahi,  Others Make Ministerial List 
July 27, 2023 No Responses

Wike, El-Rufai, Umahi,  Others Make Ministerial List 

President Bola Tinubu through his Chief of Staff, Femi Gbajabiamila, on Thursday presented ministerial list before the Senate.  Gbajabiamila presented the list to Senate President Godswill Akpabio at exactly 01:19 pm.  Akpabio thereafter read the m...
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Honda Unveils ‘Purchase Palliatives’ As Competitors Raise Prices
July 27, 2023 No Responses

Honda Unveils ‘Purchase Palliatives’ As Competitors Raise Prices

Honda Automobile Western Africa Ltd (HAWA), the company that assembles a range of Honda cars for the Nigerian market, has unveiled what has been described in the local market as a unique and customer-friendly sales/after-sales package. HAWA is introducing the....
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Navy Deploys Deep Blue Assets Across South West, Central, Eastern Zonal Operations
July 26, 2023 No Responses

Navy Deploys Deep Blue Assets Across South West, Central, Eastern Zonal Operations

The Nigerian Navy says assets acquired by the Nigerian Maritime Administration and Safety Agency, NIMASA under the Integrated National Security and Waterways Protection Infrastructure, otherwise known as the Deep Blue project have been deployed across the Sout...
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Lanre Shittu Begins Nationwide Training, Empowerment Of Mechanics
July 26, 2023 No Responses

Lanre Shittu Begins Nationwide Training, Empowerment Of Mechanics

Lanre Shittu Motors (LSM) has commenced training and empowerment of auto mechanics across the country.The intensive training programme, which started in Ekiti State in conjunction with the National Automotive Design and Development Council (NADDC), is set to m...
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Again, Ecobank Bags Euromoney Africa’s Best Bank for SMEs Award
July 26, 2023 No Responses

Again, Ecobank Bags Euromoney Africa’s Best Bank for SMEs Award

Ecobank has been named Africa’s Best Bank for SMEs (small and medium-sized enterprises) by the prestigious Euromoney Awards for Excellence for the second year running, having also won the accolade in 2022. Jeremy Awori, Chief Executive Officer, Ecobank Group...
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