Dangote Cement Shareholders Approve 10 % Share Buy-Back Scheme 

Dangote Cement Shareholders Approve 10 % Share Buy-Back Scheme 

Shareholders of Dangote Cement, unanimously on Tuesday authorised the Management of the company to undertake a share buyback of up to 10 percent of its issued shares, effective from the date of the resolution.   The company had earlier indicated an...
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Edo, South Africa, Explore Opportunities In Agric, Entertainment, Others 

Edo, South Africa, Explore Opportunities In Agric, Entertainment, Others 

The Edo State Government and the South African Government are strengthening bilateral relations to explore areas of investment in agriculture, economy, healthcare, entertainment and education, among others.  The Head of Edo State Investment Promotion Offi...
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NGX Congratulates CSCS On 25th Anniversary

NGX Congratulates CSCS On 25th Anniversary

Nigerian Exchange Ltd. (NGX) has congratulated the Central Securities and Clearing System Plc (CSCS) on its 25th-anniversary celebration, while calling for more collaboration.  Its Chief Executive Officer, Mr Temi Popoola, made the remarks during a closing go...
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Photo News

Photo News

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Maersk CEO Steps Down

Maersk CEO Steps Down

The Chief Executive Officer (CEO) of A. P. Møller – Mærsk A/S (Maersk), Soren Skou, who has led the  transformation of the company from a diversified conglomerate to an integrated logistics company, is retiring.  Vincent Clerc, currently CEO...
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<strong>NSML Employs 46 NSDP Beneficiaries As 235 Depart For India, Greece</strong>

NSML Employs 46 NSDP Beneficiaries As 235 Depart For India, Greece

The Nigerian Maritime Administration and Safety Agency NIMASA has sent forth 235 Nigerians to India and Greece as batch B of the 435 young Nigerians to be trained as Licenced Deck and Engine Officers including Naval Architects under the Nigerian Seafarers...
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Lagos Generates N1.25b Agric Revenue, Targets N3b In 2023 

Lagos Generates N1.25b Agric Revenue, Targets N3b In 2023 

The Lagos State Agriculture sector has generated over N1.2billion as revenue this year (2022) despite global food challenges.  Speaking at the 2022 Lagos Food Festival on Sunday, the Lagos State Commissioner for Agriculture, Ms Abisola Olusanya, explained...
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Bright, Ahube, Emerge Top Winners As 4th NLNG Golf Classic Ends 

Bright, Ahube, Emerge Top Winners As 4th NLNG Golf Classic Ends 

The 2022 edition of the NLNG Golf Classic ended in Bonny, Rivers on Sunday with Victor Bright and Nnenna Ahube clinching the top prize in the men and ladies categories.  The News Agency of Nigeria (NAN) reports that the NLNG...
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Buhari Approves Disbursement Of N16b, $350m Cabotage fund

Buhari Approves Disbursement Of N16b, $350m Cabotage fund

President Mohammadu Buhari has approved the disbursement of Cabotage Vessel Financing Fund (CVFF).   Minister of Transportation, Mr Mu’azu Sambo, disclosed this during the flag-off ceremony of Batch B of the Third Phase of Nigerian Seafarers Developmen...
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Emefiele: Export Proceeds Repatriation To Hit $1b In Q4 

Emefiele: Export Proceeds Repatriation To Hit $1b In Q4 

The Governor, Central Bank of Nigeria (CBN),  Godwin Emefiele, on Saturday expressed optimism that export proceeds repatriation for rebate would hit N1billion fourth quarter of 2022.  Emefiele said this at a press conference on the outcome of th...
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<strong>Oil Bounces On Pipeline Shutdown </strong>

Oil Bounces On Pipeline Shutdown 

Oil prices bounced on Friday as closure of a major Canada-to-U.S. crude pipeline disrupted supplies, but both benchmarks were headed for a weekly loss on worries over slowing global demand growth.  Brent crude futures were at $76.70 a barrel, up...
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WHO Develops Legal Instrument To Protect World From Future Pandemics 

WHO Develops Legal Instrument To Protect World From Future Pandemics 

The World Health Organisation (WHO) says that Member States have agreed to develop the first draft of a legally binding agreement designed to protect the world from future pandemics.  WHO explained in a statement that the agreement would take in...
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NNPC Disburses N15b For Lagos-Badagry Expressway Reconstruction

NNPC Disburses N15b For Lagos-Badagry Expressway Reconstruction

The Nigerian National Petroleum Company Limited (NNPC Ltd.) has disbursed N15 billion for the reconstruction of the Lagos Badagry Expressway under the Federal Government Road Infrastructure Tax Credit (RITC) Scheme.  The N15 billion represents a 100 per c...
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Popoola Elected ASEA Executive Committee Member 

Popoola Elected ASEA Executive Committee Member 

Chief Executive Officer, Nigerian Exchange Limited(NGX), Mr Temi Popoola, has been elected to the Executive Committee of the African Securities Exchanges Association (ASEA).  ASEA, the continent’s prime association of securities exchanges was establishe...
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