Business Archives — Page 370 of 479

May 17, 2017 No Responses

Edo to boost forex with rubber

Edo State Governor, Mr. Godwin Obaseki has declared his administration’s readiness to reposition the state at the vanguard of rubber production and processing in order to increase foreign exchange earnings. This was as he received the management of the Rubber...

May 17, 2017 No Responses

NPA Photo News

Managing Director of Nigerian Ports Authority (NPA), Hadiza Bala Usman (3rd right); Executive Director, Finance and Admin. NPA, Mohammed Bello-Koko (2nd right); the President SSA, Comrade Benson Adegbeyeni (1st right); President General, Maritime Workers Uni...

May 17, 2017 No Responses

NSE Photo News

L – R: Mr. Yinka Sanni, Group CEO, Stanbic IBTC Holdings Plc; Mr. Oscar N. Onyema, OON, Chief Executive Officer, The Nigerian Stock Exchange (NSE); Mr. Atedo Peterside CON, outgoing Chairman, Stanbic IBTC Holding Plc; Mrs. Abiodun Peterside (his wife);...

May 16, 2017 No Responses

Weststar announces return of FIAT to Nigeria

“It is with great excitement that Weststar Associates Limited, (Authorized General Distributors of Mercedes-Benz, Chrysler, Jeep, Dodge, & Ram in Nigeria) confirms the arrival of the much-anticipated Italian brand – FIAT in Nigeria. Plans are alrea...

May 16, 2017 No Responses

Edo to construct central bus terminal in Benin

Governor Godwin Obaseki of Edo State has, in continuation of the decongestion process to clean up Edo State, inspected the city centre, Ring Road and its environs, where he moved to recover government properties and promised to build a central...

May 16, 2017 No Responses

‘Indigenous languages may go into extinction’

The Minister of Information and Culture, Alhaji Lai Mohammed, has said the country’s indigenous languages are endangered and could go into extinction in no distant future if urgent steps are not taken to reverse the trend. In his address at the 2017 A...

May 16, 2017 No Responses

Apapa access roads: NPA, Dangote, Flour Mills, to raise N4.5 b

As part of measures to fast-track the re-construction of Apapa seaports access roads in Lagos State, the Nigerian Ports Authority (NPA) is to raise N4.3 billion. Addressing maritime stakeholders in Lagos on Monday, the Managing Director of NPA, Hadiza...

May 14, 2017 No Responses

Joint account committee declares N2. 10b allocation for LGs in Edo

The Edo Joint Account and Allocation Committee (JAAC) has declared N2.10 billion as total allocation accrued to the 18 local governments in the state from both Internally Generated Revenue (IGR) and the Federation Account for March. A statement issued by...

May 14, 2017 No Responses

‘FG will give priority to indigenous consultants’

The Minister of Information and Culture, Alhaji Lai Mohammed, has said the Federal Government will soon adopt a policy to give the right of first refusal to indigenous consultants in its projects. The Minister disclosed this in Abuja on when he received...

May 13, 2017 No Responses

BMW to revive 8 series in upmarket strategy push

By Edward Taylor, Reuters – BMW Group said it will launch an 8-series model in 2018, reviving its upmarket coupe line as part of a broader strategic shift to focus on higher-margin sports cars rather than compact vehicles. “The 8-series...

May 13, 2017 No Responses

Haastrup: Success of port concession has opened more business opportunities

The Federal Government has been commended for its foresight in concessioning terminal operations at the nation’s seaports. Chairman, Seaport Terminal Operators Association of Nigeria (STOAN), Princess Vicky Haastrup, who gave the commendation said the succes...

May 13, 2017 No Responses

LCCI Photo News

L-R: Mr. Ken Abazie, Chairman, Lagos Chamber of Commerce and Industry (LCCI) Petroleum Downstream Group; Dr. Mrs. Nike Akande, President, LCCI; Mr. Ikem Obih, Representative of the Minister of State for Petroleum and Group Executive Director/COO, Downstream, N...

May 12, 2017 No Responses

Oando seeks approval to refurbish refineries

Oando Plc is to seek the approval of the Federal Government to refurbish one or two refineries as part of measures to end fuel importation. Speaking during the company’s facts behind the figure at the Nigerian Stock Exchange (NSE)...

May 12, 2017 No Responses

NASS earmarks N23.7B for personnel cost in 2017

The National Assembly has earmarks N125billion for its 2017 budget, up from N115billion in 2016. Under the arrangement, total personnel cost is N23,789,787,880 while total overhead cost is N85,878,619,888; total capital cost will gulp N14,940,196,063. A...