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 at the last 2018 NSE Closing Gong...
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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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Buhari: 2019 Campaign Will Focus On Security, Economy, Fight Against Corruption

Buhari: 2019 Campaign Will Focus On Security, Economy, Fight Against Corruption

 President Muhammadu Buhari Tuesday in Abuja said his re-election campaign will focus on the scorecard of his administration in the key areas of security, economy and the fight against corruption.  Speaking at a Christmas Homage by residents of the F...
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Nigeria Warns Political Appointees Against Extortion

Nigeria Warns Political Appointees Against Extortion

The Presidency on Tuesday issued a stern warning to political appointees, government officials and party men against influence peddling for corrupt pecuniary gains and other forms of extortion.  A presidential spokesman, Malam Garba Shehu, told State Hous...
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Buhari Felicitates With Nigerians At Christmas

Buhari Felicitates With Nigerians At Christmas

I felicitate with all Nigerians, particularly our Christian brothers and sisters, on the joyous occasion of this year’s Christmas, which commemorates the birth of Jesus Christ.  Like I have done in the last three Christmas messages to my fellow compatri...
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Pope To Politicians: See Politics As Service To Society

Pope To Politicians: See Politics As Service To Society

The Pope of the Roman Catholic Church, Pope Francis, has advised politicians across the world to see politics as service to society and an opportunity to impact on human communities and institutions. The Pope’s message tagged ‘The Celebration of The...
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Shell Nigeria Explains Investment In Imo, Targets 300mcf Gas For Domestic Market

Shell Nigeria Explains Investment In Imo, Targets 300mcf Gas For Domestic Market

The Shell Petroleum Development Company of Nigeria Limited (SPDC) on Sunday has announced the Final Investment Decision (FID) on the Assa North Gas Development Project in Imo State.  The project is regarded as a  major momentum to the domestic gas...
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