Category: News

Customs Boss Explains Nigeria’s Partial Border Closure
September 27, 2019 No Responses

Customs Boss Explains Nigeria’s Partial Border Closure

The Comptroller-General of Nigeria Customs Service (NCS), Hameed Ali, has explained that the closure of Nigeria’s borders was undertaken to strengthen the nation’s security and protect its economic interests.Speaking during a meeting with border stakeholders, comprising freight forwarders and security...
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BA Losses £121m To Strike
September 27, 2019 No Responses

BA Losses £121m To Strike

British Airways owner IAG has warned that its profits will be lower than expected this year, partly due to the impact of strikes by its pilots.It said the strike earlier this month, in a row over pay and conditions, had...
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Rating Agency Downgrades CMA CGM
September 27, 2019 No Responses

Rating Agency Downgrades CMA CGM

The corporate family rating of French shipping major CMA CGM was downgraded to B2 from B1 amid the company’s weakened liquidity profile, according to rating agency Moody’s.Additionally, CMA CGM’s probability default rating was set to B2-PD from B1-PD, se...
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Senate Refers MTEF, FSP To Finance Committee
September 27, 2019 No Responses

Senate Refers MTEF, FSP To Finance Committee

The Senate on Thursday referred the 2020-2022 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP) documents to its Committee on Finance.The committee chaired by Senator Solomon Olamilekan Adeola (APC, Lagos West) was given one week to come...
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NSE, GRI, DANGOTE Harp On Sustainable Business Initiatives
September 27, 2019 No Responses

NSE, GRI, DANGOTE Harp On Sustainable Business Initiatives

The Nigerian Stock Exchange (NSE) in partnership with Dangote Cement Plc and Global Reporting Initiative (GRI) held a capacity development workshop on&nbsp...
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Auto Report Africa Seals Exclusive Distribution Deal With Cartar Australia
September 27, 2019 No Responses

Auto Report Africa Seals Exclusive Distribution Deal With Cartar Australia

Auto Report Africa, the leading online automotive news reporting platform for Africa, has sealed a new marketing partnership deal with Cartar Australia for exclusive distribution of Cartar Mobile Lifts in Nigeria and Ghana, with future plans for the larger Wes...
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AFFC Lauds Heritage Bank On Youth, Entertainment development
September 27, 2019 No Responses

AFFC Lauds Heritage Bank On Youth, Entertainment development

African Freestyle Football (AFFC) Championship 2019 in collaboration with World Freestyle Football Association (WFFA) have commended Heritage Bank Plc for its pivotal role in enhancing youth development and engendering the Nigeria’s entertainment space on th...
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New IMF MD Unveils Agenda
September 26, 2019 No Responses

New IMF MD Unveils Agenda

The Board of International Monetary Fund (IMF) on Wednesday selected Kristalina Georgieva to succeed Christine Lagarde. In her statement shortly after she was announced as the 12th Chief Executive since the Fund’s inception in 1944, Ms Georgieva said her imm...
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Nigeria Sets Aside N310b For Road Projects
September 26, 2019 No Responses

Nigeria Sets Aside N310b For Road Projects

The Federal Executive Council (FEC) on Wednesday approved a total of N310 billion for road projects.Briefing Journalists at the end of Federal Executive Council (FEC) meeting chaired by Vice President Yemi Osinbajo, the Minister of Works and Housing, Babatunde...
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Ugwuanyi Swears In Commissioners, Advisers
September 26, 2019 No Responses

Ugwuanyi Swears In Commissioners, Advisers

Governor Ifeanyi Ugwuanyi of Enugu State, on Wednesday, swore in Commissioners and Special Advisers.Swearing in the Commissioners and Advisers, Ugwuanyi explained said that performance will be key and periodically benchmarked as a basis to remain in office.The...
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Senate Lauds Temporary Closure Of Land Borders
September 26, 2019 No Responses

Senate Lauds Temporary Closure Of Land Borders

The Senate has commended the recent decision by President Muhammadu Buhari to temporarily close all land borders to address smuggling and its impact on the Nigerian economy.The commendation came after the consideration of a motion titled: “The impact of bord...
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Osinbajo: I Am Ready To Waive Immunity To Clear My Name
September 26, 2019 No Responses

Osinbajo: I Am Ready To Waive Immunity To Clear My Name

Vice President Yemi Osinbajo says he is ready to waive his constitutional immunity to enable the “most robust adjudication” of several baseless allegations, insinuation and falsehoods against his person and office.Osinbajo’s spokesman, Laolu Akande, in a...
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Senate TO FG: Accelerate Diversification Of The Economy
September 25, 2019 No Responses

Senate TO FG: Accelerate Diversification Of The Economy

The Senate on Tuesday urged the Federal Government to accelerate its policies on the diversification of the economy to improve the country’s foreign exchange earnings.The call was made in resolutions reached by the Senate following consideration of a motion ...
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Polaris Bank Commits To Climate Action, Sustainability
September 25, 2019 No Responses

Polaris Bank Commits To Climate Action, Sustainability

Polaris Bank has joined the United Nations, and other leading banks across the world, to become a Founding Signatory of the UNEP FI Principles for Responsible Banking as part of its commitment to climate action and sustainability.The launch and signing...
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