Business Archives — Page 479 of 540

December 14, 2016 No Responses

NLNG completes $12m USP scheme, commissions UNIMAID engineering laboratory

Nigeria LNG Limited (NLNG) has completed one of its flagship Corporate Social Responsibility (CSR) programmes, the University Support Programme (USP), with the commissioning of the sixth $2 million engineering laboratory at the University of Maiduguri (UNIMAID). The company in a...

December 14, 2016 No Responses

Lagos records 246 murder cases, 162 rape in one year

Not less than 246 persons were murdered in Lagos between December 2015 and November 2016. Also within the period, 542 vehicles were stolen and 486 armed robbery suspects arrested, 162 rape/defilement cases reported and 51 kidnapped cases were recorded while....

December 14, 2016 No Responses

NIMASA reiterates support for amnesty programme

The Nigerian Maritime Administration and Safety Agency (NIMASA) has reiterated its commitment to Presidential Amnesty Programme as part of measures to ensure proper rehabilitation and reintegration of the ex-agitators in the Niger Delta Region. The Director Ge...

December 14, 2016 No Responses

Ministers lauds Academy Press N2b investment in modern equipment

The Minister of Information and Culture, Alhaji Lai Mohammed, has lauded the Lagos-based printers Academy Press Plc for showing great confidence in the country’s economy through the investment of N2billion in acquiring modern equipment within one year. T...

December 14, 2016 No Responses

First Bank explains FirstStars Reality TV Show

In September 2015, First Bank of Nigeria Limited launched FirstStars, a premier filmmaking competitive reality TV show where Nigerian youths were given the opportunity to project their creative skills in directing, producing, art directing, script writing an...

December 14, 2016 No Responses

Gambia security forces ‘seize election commission HQ’

The Gambia’s security forces have taken over the headquarters of the electoral commission, its chairman says, as the country’s president refuses to accept his loss in recent elections. Alieu Momar Njai told the BBC that staff were barred from enter...

December 14, 2016 No Responses

Channels Photo News

From left: Chairman and Chief Executive of Channels Television, Mr John Momoh, his wife, Mrs. Olusola Momoh; Chairman, Dangote Group, Alhaji Aliko Dangote and the Minister of Information and Culture, Alhaji Lai Mohammed at the 21st Anniversary of Channels Tele...

December 13, 2016 No Responses

‘Millions of jobs are needed to ensure essential health care’

An estimated 50 million decent jobs are needed to address essential global health requirements through Universal Health Coverage (UHC), International Labour Organisation (ILO) has revealed. The report explained that it is the only way to ensure human security,...

December 13, 2016 No Responses

FG to construct 400 dams before 2019

The Federal Government is to construct additional 400 dams to boost irrigation across the country before 2019. Speaking in Abuja at the 32nd Annual Meeting of the Food Crisis Prevention Network, President Muhammadu Buhari explained that due to the growing...

December 13, 2016 No Responses

Jammeh ‘should step down now’

(BBC) The Gambia’s opposition coalition has asked President Yahya Jammeh to step down immediately, after he challenged his defeat in the recent election. Mr Jammeh initially accepted the result but then reversed his decision, saying he would annul the vo...

December 13, 2016 No Responses

Hyundai to build boxships, tankers for Iran

South Korean shipbuilder Hyundai Heavy Industries (HHI) has signed contracts to construct 14,500 TEU container ships and 49,000 dwt product/chemical carriers for Islamic Republic of Iran Shipping Lines (IRISL). The value of the contracts, which were signed in...

December 12, 2016 No Responses

‘Nigeria’s 2017 budget’ll tackle recession’

President Muhammadu Buhari has assured Nigerians that the 2017 Appropriation Bill would take Nigeria out of the ongoing economic recession. In his Eid-el Maulud message, Buhari explained that with collective dedication and hard work, Nigerians would in 2017 ov...

December 12, 2016 No Responses

Nigeria Energy Sector Fund declares N51 coupon payment

The Nigeria Energy Sector Fund (NESF), a closed-end investment vehicle quoted on the Nigerian Stock Exchange (NSE) has declared a coupon payment of N51 per note to unitholders for the financial year ended March 31st 2016. The coupon translates to...

December 12, 2016 No Responses

Banks to boost Agric, SME fund with N30billion

As part of measures to support the newly created Agriculture/Small and Medium Enterprises (SME) fund, the Bankers Committee at the weekend pledged to contribute N30 billion from their Profit After Tax (PAT). Speaking at the end of the 8th...