Category: News

Danbatta Tasks Nigerians On Reading Culture
June 25, 2021 No Responses

Danbatta Tasks Nigerians On Reading Culture

Executive Vice-Chairman, Nigerian Communications Commission (NCC), Prof. Umar Danbatta,  has urged Nigerians to imbibe reading culture for a better knowledge and information.  Danbatta said this at the 2021 Library/Museum Day on Thursday in Abuja.  He described library as a learning resource ...
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Shippers‘ Council, NPA Fault Terminal Operator On Tariff Hike
June 25, 2021 No Responses

Shippers‘ Council, NPA Fault Terminal Operator On Tariff Hike

The Nigerian Ports Authority (NPA) and the Nigerian Shippers’ Council (NSC) on Thursday criticized increase in tariff by the management of  Port and Terminal Operators (Nig) Limited (PTOL).  Head, Public Relations, NSC, Mrs Rakiya Zubairu, in ...
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Rail Transport Generates N5.79b In Three Years
June 25, 2021 No Responses

Rail Transport Generates N5.79b In Three Years

Rail transportation in Nigeria generated N5.79 billion between 2019 and Quarter One of 2021 (Q1, 2021), the National Bureau of Statistics (NBS) has said.  It said this in the “Rail Transportation Data for Q1 2019 – Q1 2021” obtained from...
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Lagos APPEALS Project Targets 180,000mt Tilapia Fish
June 25, 2021 No Responses

Lagos APPEALS Project Targets 180,000mt Tilapia Fish

Lagos State Government, through its Agro Processing, Productivity Enhancement and Livelihood Improvement Support (APPEALS) project, says it is targeting over 180, 000 metric tonnes of tilapia fish in 2021. The State Coordinator of the project, Mrs Ranti Sagoe-...
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FG, States, LGs Share N605.95b In May
June 24, 2021 No Responses

FG, States, LGs Share N605.95b In May

The Federal Accounts Allocation Committee (FAAC) on Wednesday disclosed that it shared a total of N605.958 billion as May 2021 revenue to the Federal, States and Local Governments as well as other relevant agencies.  Mr Charles Nwodo, Director, Informatio...
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Customs Seeks Cooperation With Police
June 24, 2021 No Responses

Customs Seeks Cooperation With Police

The Nigeria Customs Service (NCS), Federal Operations Unit, Zone B,  has solicited increased synergy with the police in tackling smuggling activities and general performance in Sokoto.  The Comptroller of the unit, Mr Ba...
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MTN Nigeria Gets GCR’s AAA Credit Rating
June 24, 2021 No Responses

MTN Nigeria Gets GCR’s AAA Credit Rating

The Global Credit Rating (GCR) has upgraded the national scale long-term issuer rating of MTN Nigeria Communications Plc to AAA.  This is contained in a notice posted on the website of the Nigerian Exchange (NGX) Ltd., signed by Mr Uto...
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Warren Buffett Donates $4.1b To Charity
June 24, 2021 No Responses

Warren Buffett Donates $4.1b To Charity

Billionaire Warren Buffett has donated another $4.1bn (£2.9bn) worth of Berkshire Hathaway shares to charity. Regarded as the world’s most successful investor, the Berkshire Hathaway chairman has given away huge sums of his wealth to charity.  In a...
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SAHCO Shareholders Okay N223.34m For 2020 Dividend
June 23, 2021 No Responses

SAHCO Shareholders Okay N223.34m For 2020 Dividend

For the 2020 financial year, shareholders of Skyway Aviation Handling Company (SAHCO) Plc, on Tuesday in Lagos unanimously approved N223.34 million dividend,  amounting to 16.5 kobo per share.  Chairman of the company, Dr Taiwo Afolabi...
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NAFDAC Tasks Stakeholders On Drug Abuse Eradication
June 23, 2021 No Responses

NAFDAC Tasks Stakeholders On Drug Abuse Eradication

The National Agency for Food and Drug Administration and Control (NAFDAC) has stressed the need for all stakeholders to work together towards eradicating the menace of drug abuse in the country.  Prof. Moji Adeyeye, NAFDAC Director General, made the ...
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27 Years After, Okitipupa Oil Palm Shareholders Get 25kobo Dividend
June 23, 2021 No Responses

27 Years After, Okitipupa Oil Palm Shareholders Get 25kobo Dividend

The Okitipupa Oil Palm Plc has resolved to pay its shareholders 25k dividends for the year ended December 31, 2020,  27 years after it last paid.  Chairman of the Board of Directors, Chief Mobolaji Osomo,  made the disclosure at the 31st...
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Kano Free Trade Zone To Generate $2b Export Value
June 23, 2021 No Responses

Kano Free Trade Zone To Generate $2b Export Value

The Director-General, Bureau of Public Enterprises (BPE), Mr Alex Okoh, says the Kano Free Trade Zone (FTZ)  will bring in an export value of  two billion dollars by 2027 after concession.  A statement by Amina Othman, Head, BPE Public Communica...
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BoI Disburses N969.6b In Five Years
June 23, 2021 No Responses

BoI Disburses N969.6b In Five Years

The Bank of Industry (BoI) has disbursed loans worth N969.7 billion to borrowers in five years to support various businesses.   BoI Deputy Head, Business Development, Mrs Aderonke Akinluyi, disclosed this at a webinar by the Lagos Chamber of Com...
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UK To Join Asia-Pacific Free Trade Pact
June 22, 2021 No Responses

UK To Join Asia-Pacific Free Trade Pact

Britain is to start negotiations to join a free trade area which could grant businesses access to “some of the biggest economies of the present and future”, the government has said. The Comprehensive and Progressive Agreement for Trans-Pacific Part...
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