Category: News

Elumelu To Empower 1,000 Northern Youths
June 16, 2019 No Responses

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...
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Firm Seals Two Charter Deals With MSC, Maersk Line
June 16, 2019 No Responses

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.....
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Buhari To CBN: Blacklist Firms Still Importing Palm Oil
June 15, 2019 No Responses

Buhari To CBN: Blacklist Firms Still Importing Palm Oil

President Muhammadu Buhari has directed the Central Bank of Nigeria to blacklist any firm, its owner and top management caught smuggling or dumping palm oil into the country.The presidential directive was disclosed by CBN Governor, Mr Godwin Emefiele, at a...
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Apapa Gridlock: Presidential Taskforce Gets Extension
June 15, 2019 No Responses

Apapa Gridlock: Presidential Taskforce Gets Extension

The Federal Government has extended by two weeks, the time given the Presidential Taskforce on the Apapa traffic gridlock to resolve the matter following a request for extension by members of the taskforce and other stakeholders.Vice President Yemi Osinbajo, S...
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Nigeria Customs Generates N5.5b Daily
June 14, 2019 No Responses

Nigeria Customs Generates N5.5b Daily

The Nigeria Customs Service (NCS) generates not less than N5.5 billion daily.The Comptroller-General (CGC), Hameed Ali, made this known during a working visit to the headquarters of the National Association of Government Approved Freight Forwarders (NAGAFF) in...
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Mercedes-Benz Delivers 938,499 Vehicles In Five Months
June 14, 2019 No Responses

Mercedes-Benz Delivers 938,499 Vehicles In Five Months

Mercedes-Benz sold 195,690 vehicles worldwide in May (-1.3%). The sales success of the new A-Class and the new CLA Coupé,which was launched in Europe in May, had a positive effect last month. In a highly competitive market environment worldwide, the...
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Heritage Bank Secures CIBN Nod On Academy, Trains 300 New Employee
June 14, 2019 No Responses

Heritage Bank Secures CIBN Nod On Academy, Trains 300 New Employee

In line with its commitment to ensure greater efficiency and boost its workforce, Heritage Bank Plc has received a nod from the Chartered Institute of Bankers of Nigeria (CIBN) for its establishment of a full-fledged learning and development institute, with...
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NIMASA Boss Explains 7,000 New Jobs
June 14, 2019 No Responses

NIMASA Boss Explains 7,000 New Jobs

The Nigerian Maritime Administration and Safety Agency (NIMASA)has keyed into the vision of President Muhamadu Buhari by creating over 7000 jobs in the last six months through the New Cabotage Compliance Strategy.Addressing Journalists on Thursday in Lagos, th...
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Fidelity Bank, NIPOST Seal Agency Banking Partnership
June 14, 2019 No Responses

Fidelity Bank, NIPOST Seal Agency Banking Partnership

The Deputy Managing Director Fidelity Bank Plc, Mohammed Balarabe says the bank will provide banking services in 266 branches through its Agency Banking Partnership with NIPOST towards deepening financial inclusion in the country.The DMD, who disclosed this in...
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Ford Recalls 1.2m Vehicles
June 13, 2019 No Responses

Ford Recalls 1.2m Vehicles

Ford is recalling 1.2 million sport utility vehicles in the US over suspension issues that the car giant said could affect steering.The recall, which is expected to cost $180m (£140m), affects Ford Explorers made in the US firm’s Chicago plant...
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Aisha Buhari Empowers 2000 Women
June 13, 2019 No Responses

Aisha Buhari Empowers 2000 Women

Wife of the President, Dr. Mrs. Aisha Muhammadu Buhari has empowered 2000 women in Yola, Adamawa state.A press statement explained that the event,  organized by Aisha Buhari Foundation in collaboration with the National Directorate of Employment (NDE) wit...
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Daewoo Secures Order For Another LNG Carrier
June 13, 2019 No Responses

Daewoo Secures Order For Another LNG Carrier

South Korea’s Daewoo Shipbuilding & Marine Engineering (DSME) has secured another LNG carrier order from Maran Gas Maritime.The Greece-based shipowner, part of Angelicoussis Shipping Group, ordered the 174,000 cbm unit on June 12. The vessel will be buil...
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Activists To FG: Declare Abiola President
June 13, 2019 No Responses

Activists To FG: Declare Abiola President

Pro-democracy groups on Wednesday called for the official announcement of June 12, 1993 presidential election result.They urged the Federal Government to declare the late Bashorun Moshood Abiola winner of the poll.The activists, who gathered at Orogon Event Ce...
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India Bans Seafarers From Nigerian Waters Over Kidnapping, Piracy
June 12, 2019 No Responses

India Bans Seafarers From Nigerian Waters Over Kidnapping, Piracy

The government of India has issued a restriction banning all Indian seafarers from working on vessels in the Gulf of Guinea.In a circular sent to ship owners and shipping companies, India’s Directorate General of Shipping in Mumbai informed that the...
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