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President Muhamadu Buhari’s meeting with some All Progresive Congress (APC) leaders in London on Sunday
Tag: Business
Nigeria to inaugurate $700,000 capacity development facility for youth agripreneurs
Nigeria will on Monday 24 July, 2017 inaugurate $700,000 youth training facility comprising two major training rooms that can sit conveniently 50 trainees each. Funded by the Federal Ministry of Agriculture and Rural Development and IITA, the facility s...
Jaguar Land Rover opens first engine plant outside UK in China
Jaguar Land Rover is opening an engine plant in China, its first outside of the UK as the premium carmaker ramps up its international expansion. It will provide petrol engines for its local assembly site. JLR has a joint venture...
Firm unveils LPG powered tricycle
A Nigerian based firm, Thld International Logistics Limited has launched an air-cooled tricycle powered by LPG and vehicles converted to operate on LPG/petrol bi-fuel systems. The chief executive officer of the firm, Oluwasegun Olajuwon, explained that there...
Haastrup, Agbor, others to brainstorm on Nigerian Port Reforms at Taiwo Afolabi maritime conference
The second edition of the Taiwo Afolabi Annual Maritime Conference will hold on Friday, August 4, 2017 at the University of Lagos. The conference, held in honour of Dr. Taiwo Afolabi, Group Executive Vice-Chairman, SIFAX Group, is an initiative of...
Dana Air introduces ‘buy two, get one free’ promo for owerri guests
Dana Air has announced a ‘Buy two, get one free’ promo for passengers on its Lagos – Owerri- Lagos route, as part of the benefits of its existing partnership with the Imo State Government. According to the Communications Manager...
Panel blames shipping firms, terminal operators, others for alleged N30tri fraud at seaports
The Nigerian Senate Joint Committee on Customs and Marine Transport investigative panel on Thursday accused some commercial banks, shipping firms, terminal operators of allegedly conniving with some officials of Customs and Nigeria Port Authority (NPA) to de...
U.S sanctions ExxonMobil over violations
The United States authorities have fined Exxon Mobil $2m for violating sanctions against Russia while Secretary of State Rex Tillerson was its chief executive. Exxon dealt with Igor Sechin, the president of Russian oil giant Rosneft, who was blacklisted, the.....
‘Emerging economies hold key to future of auto industry’
What are the main future of work challenges the automotive industry faces around the globe? International Labour Organisation (ILO) News spoke with Tommaso Pardi, author of a research paper commissioned by the ILO through the France-ILO cooperation agreement,...
COSCO forecasts 50 % drop in profit
Hong Kong-listed COSCO Shipping Energy Transportation forecasts a drop in profit for the first six months of this year of up to 57 percent year-on-year. Specifically, the group’s net profit attributable to the equity holders is expected to range between...
UBA increases international spend limit on naira cards to $2000.
Pan-African financial institution, United Bank for Africa (UBA) Plc has announced an immediate upward review of the monthly international spend limit on its debit and prepaid Naira cards from $100 to $2,000. The upward review, which represents a marked increas...
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L-R: Minister of State Budget and National Planning Zainab Ahmed; Minister of Information and Culture All. Lai Mohammed; Publisher Frontiersnews Mr. Horatius Egua; Minister of Labour and Employment Dr Chris Ngige; Minister of Petroleum Resources Dr. Ibe Kachik...
‘Any programme to be consumed by Nigerians must be produced in Nigeria’
The Minister of Information and Culture, Alhaji Lai Mohammed, has reiterated the government’s decision that any programme meant for Nigerians must be produced in Nigeria, saying he was not appointed Minister to develop the economy of other countries a...