Transcorp Acquires 60% Stake In Abuja Disco

Transcorp Acquires 60% Stake In Abuja Disco

As part of measures to further consolidates its position and investments in the Nigerian power sector, Tony Elumelu-led Nigerian conglomerate, Transcorp Group, has successfully acquired a 60-per cent stake in the Abuja Electricity Distribution Company (AEDC), thus becoming the majority...
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GOCOP To Hold 2023 Annual Conference In Abuja

GOCOP To Hold 2023 Annual Conference In Abuja

The Guild of Corporate Online Publishers (GOCOP) has announced that its 2023 Annual Conference will be held in Abuja, Nigeria’s Federal Capital Territory. According to a press statement signed by Danlami Nmodu, mni and Olumide Iyanda, Chairman and Secret...
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Stakeholders To Brainstorm On Digital Infrastructure At FICAN Conference

Stakeholders To Brainstorm On Digital Infrastructure At FICAN Conference

In view of the challenges that emerged from the electronic payment system in the first quarter of 2023, stakeholders are set to provide solutions in line with Nigeria’s Payment System Vision (PSV) 2025.The Central Bank of Nigeria (CBN) in December...
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Customs Intercepts 299 Cartons Of Codeine

Customs Intercepts 299 Cartons Of Codeine

The Nigeria Customs Service (NCS) has intercepted 299 cartons of codeine syrup, with a pledge to continue to curb unrestricted access to the drug being abused by some youths. The Acting Comptroller-General of Customs (CGC), Mr. Adewale Adeniyi, announced the.....
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Tinubu’s Ministers, Portfolios

Tinubu’s Ministers, Portfolios

President Bola Tinubu, on Wednesday, assigned portfolios to 46 Ministers designate cleared recently by the Senate. The list, released in a statement included former Rivers State governor Nyesom Wike as Minister of Federal Capital Territory (FCT) and Festu...
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Obaseki Harps On Payment Of Property Tax

Obaseki Harps On Payment Of Property Tax

The Edo State Governor, Mr. Godwin Obaseki, has met with stakeholders including professional and women groups, Civil Society Organisations (CSOs), traditional rulers and the business community in the State and sought their cooperation and collaboration on the ...
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Majestic Rig: NIMASA Dispatches Search, Rescue Team

Majestic Rig: NIMASA Dispatches Search, Rescue Team

In line with the mandate of the Nigerian Maritime Administration and Safety Agency, NIMASA, which includes safe shipping and cleaner oceans, a team comprising of Search and Rescue and marine accident investigation officers have been dispatched to the scene of....
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Photo News

Photo News

L-R: Managing Director, Nigerian Ports Authority (NPA), Mohammed Bello Koko, Senior Bureau Head, African Leadership Magazine, Bernard Adeka and NPA’s General Manager, Corporate and Strategic Communications, Josephine Moltok during a courtesy visit of African...
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Nigeria Denies fresh Agenda To Reintroduce Fuel Subsidy

Nigeria Denies fresh Agenda To Reintroduce Fuel Subsidy

President Bola Tinubu has no plans to reintroduce any form of fuel subsidy or reverse the deregulation policy, the Federal Government declared on Tuesday.  The clarification is contained in a tweet issued by the Senior Special Assistant to the President.....
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Photo News

Photo News

L-R: Speaker, Edo State House of Assembly (EDHA), Hon. Blessing Agbebaku; Chairman, Edo State Peoples Democratic Party (PDP), Dr. Tony Aziegbemi; Edo State Governor, Mr. Godwin Obaseki; PDP Chairmanship Candidate for Esan South East Local Government Area, Loui...
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COSCO Takes Delivery Of Multi-Purpose Ship

COSCO Takes Delivery Of Multi-Purpose Ship

COSCO Shipping Special Carriers have welcomed into the fleet its second 68,000-ton ice-class multi-purpose pulp ship, named Green Kotka. The methanol-ready ship was built by Dalian COSCO KHI Ship Engineering Co., Ltd. (DACKS) shipyard. The Green Kotka is desig...
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NGX, CIS, ASHON Partner MOFI On Market Development, Listings

NGX, CIS, ASHON Partner MOFI On Market Development, Listings

Nigerian Exchange Limited (NGX), Chartered Institute of Stockbrokers and the Association of Securities Dealing Houses of Nigeria (ASHON), have demonstrated their willingness to collaborate with the Federal Government through the Ministry of Finance Incorporate...
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CBN: New FX Policy Will Lead To Losses For Speculators

CBN: New FX Policy Will Lead To Losses For Speculators

The acting Governor of the Central Bank of Nigeria (CBN) Fola Shonubi, on Monday warned speculators of potential losses as they implement a new policy to stabilize the exchange rate regime.    Shonubi explained that the CBN has come up with...
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Shell Resumes Exports At Forcados Terminal

Shell Resumes Exports At Forcados Terminal

Nigeria’s crude oil export is set to rise as Shell Petroleum Development Company (SPDC) has announced that exports of Nigeria’s Forcados grade of crude oil have resumed. Shell spokesperson told Reuters on Monday that the loading had resumed roughly a...
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