Nigeria Allots N39.52b In November Bonds Auction

Nigeria Allots N39.52b In November Bonds Auction

The Federal Government of Nigeria, on Wednesday, allotted N39.52 billion worth of bonds in its November auction, refusing to accept higher rates from subscribers.  According to the Debt Management Office (DMO), three bonds in tenors of five, seven and 10...
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12 Finalists Selected In UBA Foundation National Essay Competition

12 Finalists Selected In UBA Foundation National Essay Competition

UBA Foundation, the corporate social responsibility arm of the United Bank for Africa (UBA) Plc, has announced the twelve finalists for the 2018 edition of its annual National Essay Competition. The 12 finalists will sit for the second round of...
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Buhari:12m Nigerians Venture Into Farming In Two  Years

Buhari:12m Nigerians Venture Into Farming In Two Years

The agriculture sector has significantly reduce the rate of unemployment in the country as over 12 million Nigerians have ventured into rice production in the last two years. President Muhammadu Buhari disclosed this at the 4th Nigeria Rice Investment Forum,.....
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Evergreen Orders Four Feeder Vessels

Evergreen Orders Four Feeder Vessels

Taiwan-listed container shipping major Evergreen Marine has placed an order for the construction of four feeder vessels at a Chinese yard. The containerships, which were ordered from Jiangnan Shipyard, will feature 2,500 TEU. Evergreen Marine is paying USD 31...
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At Book Launch, Jonathan Expresses Concern Over Vote Buying

At Book Launch, Jonathan Expresses Concern Over Vote Buying

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Renault Names Thierry Bolloré Interim Chief Executive

Renault Names Thierry Bolloré Interim Chief Executive

Renault has appointed a temporary deputy chief executive to take over the running of the French car firm following the arrest of Carlos Ghosn. Renault said its chief operating officer, Thierry Bolloré, would step up to the role because Mr...
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Nissan Boss Arrested Over Alleged Corruption

Nissan Boss Arrested Over Alleged Corruption

The shares of Nissan on Monday slumped by six per cent in Tokyo trade after the arrest of the firm’s chairman, Carlos Ghosn. According to Japanese prosecutors, Ghosn under-reported his income by 5billion  yen ($44.4m; £34.5m) over five years.    He....
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Shipping Firm Seals Charter Deal With Berge Bulk

Shipping Firm Seals Charter Deal With Berge Bulk

Greek dry bulk shipowner, Diana Shipping has entered into a time charter contract with Singapore-based Berge Bulk Shipping for one of its Capesize dry bulk vessels.  The 174,186 dwt Sideris GS was hired for a period until minimum December 15, 2019...
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Photo News

Photo News

L-R:Deputy Chairman, Senate Committee on Capital Market, Sen Foster Ogola, Acting Director General, Securities and Exchange Commission Ms Mary Uduk, Member, Senate Committee on Capital Market Sen Shaaba Lafiagi, Acting Executive Commissioner, Operations SEC Mr...
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Oshiomhole: Kwara People Will Retire Saraki From Politics In 2019

Oshiomhole: Kwara People Will Retire Saraki From Politics In 2019

Mr Adams Oshiomhole, the All Progressives Congress (APC) National Chairman, has said that the people of Kwara will retire Sen. Bukola Saraki, President of the Senate from active politics in 2019.He said this on Monday in Abuja, while speaking with...
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PDP Condemns Alleged Invasion of Akwa-Ibom Assembly

PDP Condemns Alleged Invasion of Akwa-Ibom Assembly

The Peoples Democratic Party (PDP) on Monday condemned alleged attempts by hoodlums to disrupt the sitting of members of the Akwa-Ibom state House of Assembly. The party also condemned  the role allegedly played by the police in the state, in...
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Photo News

Photo News

Left to right: Mavuaye James Orife,  Chief Executive Officer, Versa-Tech Nigeria Ltd; Babatunde Fashola, Hon. Minister of Power, Works & Housing; Tony Attah, MD NLNG Ltd.; Erabor Okogun, Chief Executive Officer, Neomoante; Toyin Akinosho, Publisher, Afric...
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NSE Photo News

NSE Photo News

L – R shows Mr. Oscar N. Onyema, OON, Chief Executive Officer, The Nigerian Stock Exchange (NSE) presenting a replica of the closing gong to Dr. Stefan Traumann, German Consul General, during a courtesy visit to discuss on more collaborative...
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‘Shipping Firms Wasting Money On Paper in Digitalization Era’

‘Shipping Firms Wasting Money On Paper in Digitalization Era’

Shipowners are very far from realizing many of the benefits of digital technology and Big Data,  an analyst of shipping companies’ purchasing habits and head of  Product, Global Navigation Solutions, Hayley van Leeuwen has said.  She explained in an inte...
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