Tag: Business News

AfDB Explains $20bn Investments’ Portfolio In ECOWAS Region
December 23, 2019 No Responses

AfDB Explains $20bn Investments’ Portfolio In ECOWAS Region

The African Development Bank (AfDB) portfolio investments in the Economic Community of West African States (ECOWAS) region is 20 billion dollars. This is contained in a statement released by the bank’s Communication and External Relations Department on Sunday. It said...
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Navy Impounds 1,831 Bags Of Smuggled Rice
December 23, 2019 No Responses

Navy Impounds 1,831 Bags Of Smuggled Rice

The Nigeria Navy Forward Operating Base (FOB) at Ibaka in Mbo Local Government Area of Akwa Ibom has arrested 24 suspects and seized 1,831 bags of smuggled rice. Capt. Peter Yilme, the Commanding Officer of the FOB, disclosed this to...
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CBN Reviews Bank Guidelines, Slashes Charges
December 23, 2019 No Responses

CBN Reviews Bank Guidelines, Slashes Charges

The Central Bank of Nigeria (CBN), has reviewed downward charges and fees for banking services. This is contained in the new guidelines for banks, other financial, and non-bank financial institutions released by the apex bank on Sunday in Abuja. According...
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Mandilas, NNPC Extend Quick-Service Centre To Ikoyi Petrol Station
December 21, 2019 No Responses

Mandilas, NNPC Extend Quick-Service Centre To Ikoyi Petrol Station

Mandilas Group in collaboration with Nigerian National Petrol Corporation (NNPC) Retail Limited has unveiled Quick-Service Centre at NNPC Ikoyi Petrol Station.  Located at 38, Alfred Rewane Road, Ikoyi, Lagos State, the Centre is equipped to handle quick ...
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Jaguar Land Rover Acquires Bowler
December 21, 2019 No Responses

Jaguar Land Rover Acquires Bowler

Jaguar Land Rover’s special vehicle division has acquired the all-terrain performance specialist Bowler.  According to JLR, the development will bring low-volume production techniques and extreme durability. Founded in 1985, the Derbyshire-based veh...
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Building Resilient African Capital Markets
December 21, 2019 No Responses

Building Resilient African Capital Markets

By Thapelo Tsheole — From 25-26 November 2019, over three hundred capital markets participants converged in Kasane in Botswana to attend the 23rd Annual General Meeting and Conference of the African Securities Exchanges Association (ASEA) hosted by Botsw...
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JAMB Generates N20b In Three Years
December 20, 2019 No Responses

JAMB Generates N20b In Three Years

Between 2016 and 2019, the Joint Admissions and Matriculation Board (JAMB), generated N20 billion from University and Tertiary Matriculation Examinations (UTME), Prof. Ishaq Oloyede, Registrar, has said. He made the disclosure during a two-day meeting with Com...
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Firm Takes Delivery Of 1st LNG Carrier
December 19, 2019 No Responses

Firm Takes Delivery Of 1st LNG Carrier

Dubai-based Tristar Group has taken delivery of its first liquefied natural gas (LNG) tanker, the 2008-built Tristar Ruby. Formerly known as the British Ruby, the 155,000 cbm tanker was bought from French company Societe Generale, according to data provided by...
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FG, States, Councils Share N635.826b
December 19, 2019 No Responses

FG, States, Councils Share N635.826b

The Federation Account Allocation Committee (FAAC), on Wednesday in Abuja at its meeting, shared to the Federal Government, States and Local Government Councils a sum total of N635.826 billion as federal allocation for the month of November 2019. This amount,....
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Senate Confirms Nami, 13 Others As FIRS Board Members
December 19, 2019 No Responses

Senate Confirms Nami, 13 Others As FIRS Board Members

The Senate on Wednesday confirmed the nomination of Muhammad Nami as the Executive Chairman, Federal Inland Revenue Services (FIRS) and 13 others as board members. The confirmation of followed a report of the Committee on Finance and consideration of same...
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Mandilas, NNPC Unveil Quick-Service Centre In Abuja
December 19, 2019 No Responses

Mandilas, NNPC Unveil Quick-Service Centre In Abuja

As the count-down begins to next year’s Mandilas’ 70th anniversary of doing business and providing services in Nigeria, the Group has reiterated its commitment to the economy and its teeming customers in all parts of the country. The management has...
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Trump Becomes Third President To Be Impeached
December 19, 2019 No Responses

Trump Becomes Third President To Be Impeached

Trump is impeached, becoming third US president to face Senate trial Donald Trump has become the third US president in history to be impeached by the House of Representatives, setting up a trial in the Senate that will decide whether...
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Mandilas Photo News
December 19, 2019 No Responses

Mandilas Photo News

General Manager, Mandilas Motors, Kemi Koyejo (Left) receiving Mandilas Motors best auto workshop/service  award from FRSC Assistant Corp Marshall , Samuel Obayemi in Lagos. The annual event was put together by Nigerian Auto Journalists Association (NAJA)
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CBN To Sanction Oil Palm Investment Saboteurs
December 18, 2019 No Responses

CBN To Sanction Oil Palm Investment Saboteurs

The Central Bank of Nigeria (CBN) on Tuesday threatened to suspend the account of any person hiding under the ECOWAS Trade Liberalisation Scheme to sabotage  the federal government’s investment in reviving the palm oil sector. The Governor of the Bank,....
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