CSCS: FMDQ Acquires 21.6% Equity With 1,080,641,902 Units Of Shares

CSCS: FMDQ Acquires 21.6% Equity With 1,080,641,902 Units Of Shares

FMDQ Holdings Plc is now a shareholder of Central Securities Clearing System Plc (CSCS) with a 21.6 per cent equity stake. CSCS Company Secretary/General Counsel, Charles I. Ojo, who confirmed the development in a statement on Saturday explained that on Friday 30 June 2023,...
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NDDC To Award Odi Shore Protection, Erosion Control Project Contract

NDDC To Award Odi Shore Protection, Erosion Control Project Contract

The Niger Delta Development Commission, NDDC, will soon start the procurement process towards the award of contract for the shore protection and erosion control of the Odi community shoreline in Kolokuma-Opokuma Local Government Area of Bayelsa State.  Sp...
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Ports & Cargo Handles $200m Kano-Maradi Rail Project Equipment

Ports & Cargo Handles $200m Kano-Maradi Rail Project Equipment

A subsidiary of SIFAX Group and operator of Terminal C at the Tin Can Island Ports Complex, Lagos, Ports & Cargo Handling Services Limited (PCHS), has recorded another milestone with the successful cargo handling of equipment for the $200 million...
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Photo News

Photo News

L-R: Nuno Colaco, Logistics Manager, Mota-Engil Nigeria Limited; another staff of Mota-Engil Nigeria Limited and John Jenkins, Managing Director, Ports & Cargo Handling Services Limited, a subsidiary of SIFAX Group.
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Gov Otu Receives Calabar Port Manager, Harps On Dredging

Gov Otu Receives Calabar Port Manager, Harps On Dredging

Cross River State Governor, Bassey Otu has appealed to the Federal Government to dredge the Calabar Port and transform it as part of measures to attract shipping investors, tourists and boost revenue generation. Otu made the appeal on Friday in Calab...
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Tinubu Raises Committee On Tax Reforms

Tinubu Raises Committee On Tax Reforms

President Bola Tinubu has established a presidential committee on fiscal policy and tax reforms.  In a statement on Friday, Special Adviser to the President on Special Duties, Dele Alake, revealed that the committee will be chaired by Fiscal Policy Partne...
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NPA Explores PPP For Tincan Island Quay Apron Rehabilitation

NPA Explores PPP For Tincan Island Quay Apron Rehabilitation

The Nigerian Ports Authority (NPA) has disclosed that the authority had explored various options to find a sustainable Public Private Partnership (PPP) arrangement for the rehabilitation of the Tincan Island quay apron. The Managing Director, NPA, Mr Mohammed ...
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NECA Lauds Tinubu’s Tax Reforms, Seeks More Modifications

NECA Lauds Tinubu’s Tax Reforms, Seeks More Modifications

The Nigerian Employers’ Consultative Association (NECA) has commended steps taken by President Bola Tinubu to create conducive business climate in Nigeria through strategic tax reforms.  Director-General, NECA, Adewale-Smatt Oyerinde, mad...
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Photo News

Photo News

Ekiti State Governor, Mr Biodun Oyebanji; (middle) flanked by the Deputy Governor, Chief (Mrs) Monisade Afuye (right) and Chief Economic Adviser/ Chairman, Economic Management Team, Senator Olubunmi Adetunmbi (left) and other members of the Economic Management...
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Stanbic IBTC Appoints New Board Members

Stanbic IBTC Appoints New Board Members

Stanbic IBTC Holdings Plc has appointed new members to the board of its holding company and other subsidiaries. In a notice sent to the Nigeria Exchange Limited, Stanbic IBTC Holdings Board said: “Mrs Ndidi Nwuneli was appointed Independent Non-Executive Dir...
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Tinubu Backs $5b Floating LNG Project

Tinubu Backs $5b Floating LNG Project

Nigeria’s President, Bola Tinubu has pledged support for the implementation of a $5 billion floating Liquefied Natural Gas (LNG) project in the country. Tinubu gave the backing on Wednesday when he received a group of joint venture partne...
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Danbatta Explains $75.6b Telecoms Investment In Nigeria

Danbatta Explains $75.6b Telecoms Investment In Nigeria

The Executive Vice Chairman (EVC) of the Nigerian Communications Commission (NCC), Prof. Umar Garba Danbatta, has announced that the investment profile in the nation’s telecommunications sector, comprising foreign direct investment (FDI) and local investment...
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Obaseki Mourns NewsDirect Publisher, Samuel Ibiyemi

Obaseki Mourns NewsDirect Publisher, Samuel Ibiyemi

The Edo State Governor, Mr. Godwin Obaseki, has expressed deep sadness over the passing of renowned journalist and Publisher of Nigerian NewsDirect, Dr. Samuel Ibiyemi who died at the age of 54. In a statement, Obaseki said the news of...
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Shipping Majors Seal Decarbonisation Partnership

Shipping Majors Seal Decarbonisation Partnership

Nine players across the maritime value chain have issued a joint statement expressing their commitment to developing and implementing robust book and claim chain of custody systems to accelerate the early phases of shipping’s decarbonisation. World Maritime ...
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