Tony Elumelu Foundation Opens Applications for 5th Cycle of $100m Entrepreneurship Programme

Tony Elumelu Foundation Opens Applications for 5th Cycle of $100m Entrepreneurship Programme

The Tony Elumelu Foundation, the leading African-funded and founded philanthropy committed to empowering African entrepreneurs, is now accepting applications for the 2019 cohort of the TEF Entrepreneurship Programme.  The Programme is a 10-year, $100 million commitment to identify, train, mentor and...
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Photo News

Photo News

Recipient of Baby of the Year award for 2019, at Nyanya General Hospital, Baby Dominion Ameh. Representative of Her Excellency, wife of the President, Dr. Mrs. Aisha Muhammadu Buhari, Dr. Hajo Sani, cuddling Baby Dominion Ameh, flanked on the right  ...
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Five Years of Spreading Luck – Everyone Needs a Little Help

Five Years of Spreading Luck – Everyone Needs a Little Help

In business the role luck plays in success and personal achievement is rarely discussed. If luck is mentioned, it is done with slight condescension, and usually dismissed as a product of hard work, not deserving significant attention. While hard work...
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WORLD DAY OF PEACE MESSAGE OF POPE FRANCIS

WORLD DAY OF PEACE MESSAGE OF POPE FRANCIS

Good politics is at the service of peace 1. “Peace be to this house!” In sending his disciples forth on mission, Jesus told them: “Whatever house you enter, first say, ‘Peace be to this house!’ And if a son of...
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Stock Markets Record Worst Year In Ten Years

Stock Markets Record Worst Year In Ten Years

Investors will be glad to see the back of 2018 after many global stock markets suffered their worst year in a decade. The FTSE 100’s traditional early New Year’s Eve close saw it end the year down 12% at 6,728.13...
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NSE Photo News

NSE Photo News

L-R: Nosirat Alade from GirlsCoding, Nwala Lady Joy from GirlsCoding, Bola Adeeko- Divisional Head, Shared Services, Nigerian Stock Exchange (NSE), Abisoye Ajayi-Akinfolarin Founder Pearls Africa, Mariam Matti from GirlsCoding, Odunayo Ajayi from GirlsCoding a...
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Photo News

Photo News

L-R: Zonal Head, Zenith Bank Plc, Abiodun Oshode; Ekiti State Governor, Dr Kayode Fayemi; and Executive Director of the Bank, Dr Tope Fasoranti; during a courtesy visit by the bank’s management to the Governor in Ado-Ekiti
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Nigeria Lifts Forex Market With $210m

Nigeria Lifts Forex Market With $210m

With the resumption of business after the Christmas and Boxing Day festivities, the Central Bank of Nigeria (CBN) on Thursday, December 27, 2018, intervened in the inter-bank sector of the Foreign Exchange market, injecting $210 million in the wholesale segmen...
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Jakande To Youths: Be Active In Politics

Jakande To Youths: Be Active In Politics

The first executive governor of Lagos State, Alhaji Lateef Kayode Jakande, has challenged Nigerian youths to be actively involved in politics in Nigeria. Jakande made this call to the youths on the occasion of the official visit of a group...
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NYK Secures Green Loan For Its 1st Methanol-Fueled Chemical Tanker

NYK Secures Green Loan For Its 1st Methanol-Fueled Chemical Tanker

Japanese shipping giant NYK has secured a green loan to finance the construction of its first methanol-fueled chemical tanker set for delivery in 2019.  The JPY 2 billion (USD 18.04 million) loan will be provided by Taiyo Life Insurance Company ...
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Firm Faces $9.6m Fine Over Subcontracting Practices

Firm Faces $9.6m Fine Over Subcontracting Practices

Citing unlawful subcontracting practices, the South Korean Fair Trade Commission  has fined Daewoo Shipbuilding & Marine Engineering (DSME)  $9.6 million.    According to investigators, from 2013 to 2016, DSME appointed 27 subcontractor...
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SEC Nigeria Pledges To Tackle Identity Theft In Capital Market

SEC Nigeria Pledges To Tackle Identity Theft In Capital Market

The Securities and Exchange Commission, SEC, has urged shareholders to monitor their investments in the capital market, assuring that the Apex Regulator will live up to its responsibilities on investor protection.   Acting Director General of the SEC...
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World’s Largest FLNG Facility Begins Production

World’s Largest FLNG Facility Begins Production

Royal Dutch Shell’s Prelude FLNG facility, the world’s largest floating liquefied gas facility, has commenced production offshore Western Australia. “Today the wells have been opened at the Prelude FLNG facility and the initial phase of production has co...
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2018 Tanker Deliveries May Slip Into 2019

2018 Tanker Deliveries May Slip Into 2019

2018 has been a challenging year for tankers with rates bottoming out in the third quarter of the year, and finally ushering in a long-anticipated market recovery.  Due to weak industry returns and attractive scrap prices, owners provided some relief...
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