Tag: Business

African Airlines Traffic Rises By 6.8% In July
September 2, 2018 No Responses

African Airlines Traffic Rises By 6.8% In July

The International Air Transport Association (IATA) has said that African airlines’ July traffic rose 6.8 per cent, thereby emerging as the second highest among the global regions. However, IATA said this represented a decline from 11 per cent growth recorded...
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Samsung Galaxy Note9 Smartphone Debuts In Nigeria
September 1, 2018 No Responses

Samsung Galaxy Note9 Smartphone Debuts In Nigeria

Samsung’s newest flagship Smartphone, the Galaxy Note9 is now available for immediate purchase in the Nigerian market.  The Note9 which was launched in Lagos on Friday, 31 August, 2018, is according to Samsung “packed with exciting, innovative features as...
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NPA Photo News
September 1, 2018 No Responses

NPA Photo News

The Managing Director of the Nigerian Ports Authority, Hadiza Bala Usman (right) with former Vice President of Nigeria, Namadi Sambo during the Most Influential People of Nigeria Descent (MIPAD) event at the Corporate Headquarters of the Nigerian Stock Exchang...
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UBA Appoints Four New Directors
September 1, 2018 No Responses

UBA Appoints Four New Directors

The Board of Directors, United Bank for Africa (UBA) has  announced the appointment of four new members to its board, subject to the approval of the Central Bank of Nigeria(CBN).  The new board members are Mrs. Erelu Angela Adebayo, Ms....
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Photo News
September 1, 2018 No Responses

Photo News

L – R shows: Kabiru Rabiu, Group Executive Director,  BUA Group; Oscar N. Onyema, OON, Chief Executive Officer, The Nigerian Stock Exchange (NSE); Jocelyn Nwaokenneya, Chief Finance Officer, Ladol; Morayo Afolabi-Brown, TVC- Your Views Presenter; Hadiza Usm...
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Missing Child At Christ Embassy: Edo Evacuates Children From Orphanage
September 1, 2018 No Responses

Missing Child At Christ Embassy: Edo Evacuates Children From Orphanage

The Edo State Government has evacuated 15 children from God’s Own Orphanage, in Benin City, pending conclusion of ongoing investigation of the case of a child that was allegedly stolen at Christ Embassy, Oregun, Lagos and found at the orphanage...
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Buhari To Merkel:We Respect Rule Of Law, Agreements
September 1, 2018 No Responses

Buhari To Merkel:We Respect Rule Of Law, Agreements

President Muhammadu Buhari Friday in Abuja said his administration will always uphold the sanctity of the rule of law in governing the country, while assuring German Chancellor Angel Merkel that all agreements will be fully respected. President Buhari received...
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Diamond Bank Partners Facebook, Explains Business Training For Female Entrepreneurs
September 1, 2018 No Responses

Diamond Bank Partners Facebook, Explains Business Training For Female Entrepreneurs

Diamond Bank in partnership with Facebook has commenced the first phase of targeted training for Small and Medium-scale Enterprises (SME) owners to enhance their businesses through online marketing platforms.  The training exercise, which commenced in Cala...
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Volkswagen Seals Assembly Plant MoU With Ghana
August 31, 2018 3 Responses

Volkswagen Seals Assembly Plant MoU With Ghana

Thomas Schaefer, Volkswagen Head of the Sub-Saharan Region and the Minister of Trade and Industry, Alan Kyerenmaten of Ghana signed a Memorandum of Understanding (MOU) in the presence of Angela Merkel, Chancellor of Germany and Mahamudu Bawumia, Vice-President...
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Nigeria To Institute Wreck Insurance Policy
August 31, 2018 No Responses

Nigeria To Institute Wreck Insurance Policy

In its bid to accelerate operational efficiency and navigational safety in the nation’s seaports, the Federal Government will soon institute a Wreck Insurance Policy (WIP) on all vessels calling to the Nigerian Ports. The policy, according to the Managing Di...
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Maersk’s Fuel Costs to Rise by $2B Per Annum
August 31, 2018 No Responses

Maersk’s Fuel Costs to Rise by $2B Per Annum

The annual fuel bill of Danish shipping giant A.P.Moller Maersk is set to increase by USD 2 billion a year, at least, amid rising costs from the implementation of the 0.5 percent sulfur cap in 2020. Simon Bergulf, director for regulatory affairs...
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Vodafone Explains $11B Merger
August 31, 2018 No Responses

Vodafone Explains $11B Merger

Vodafone’s Australian operations will become part of a new telecoms giant. Under a A$15bn ($11bn; £8bn) merger Vodafone Hutchison Australia and TPG Telecom will create a mobile, fixed-line and broadband provider with the scale to rival Telstra and Optus...
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NNPC Begins Refueling Services To Ships
August 30, 2018 No Responses

NNPC Begins Refueling Services To Ships

 The Nigerian National Petroleum Corporation (NNPC) has unveiled plans to set up a subsidiary to provide refueling services to ships and other ocean-going vessels.  A statement by its spokesman, Mr Ndu Ughamadu, in Abuja on Wednesday, said the move was...
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Nigeria Sanctions Standard Chartered, Stanbic IBTC, Diamond Bank, Citibank, MTN
August 30, 2018 No Responses

Nigeria Sanctions Standard Chartered, Stanbic IBTC, Diamond Bank, Citibank, MTN

The Central Bank of Nigeria (CBN) has imposed sanctions totaling N5.87 billion on four banks under its regulatory purview and asked same to refund the sum of $8,134,312,397.63 for what it described as ‘flagrant violation of extant laws and regulations...
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