N30,000 Minimum Wage: Fayemi Canvasses Review Of Revenue Allocation Formula

N30,000 Minimum Wage: Fayemi Canvasses Review Of Revenue Allocation Formula

Ekiti State Governor, Dr Kayode Fayemi has stressed the need for the Federal Government to address the current revenue allocation formula to enable state governments pay the new minimum wage being requested by workers. Dr Fayemi stated this when he...
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Firm Receives Largest Floating Storage

Firm Receives Largest Floating Storage

Singapore-based PaxOcean has delivered a 26,000m3 Floating Storage and Regasification Unit (FSRU) to Indonesia-based Jaya Samudra Karunia (JSK). Karunia Dewata is the largest FSRU to be built in China and the first to feature Type C cargo tanks. The unit was...
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Photo New

Photo New

L – R:  Ogun State First Lady representative Mrs. Yemisi Durojaye; Miss Lawrence Deborah of Good Shepherd School, Lagos; Mr. Bola Adeeko, Head, Shared Services Division, The Nigerian Stock Exchange (NSE) and Mr. Yahaya Hamza, Director/Head of Sectors, Susta...
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Sudan Delegation At IITA, Seeks Collaboration On Cassava Transformation

Sudan Delegation At IITA, Seeks Collaboration On Cassava Transformation

The Director General of the International Institute of Tropical Agriculture (IITA), Dr Nteranya Sanginga explained on Thursday that a collaboration between IITA and Sudan will put smiles on the faces of farmers in the northern African country. This was contain...
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FRSC Boss, NADDC DG, Others For 2018 NAJA Awards

FRSC Boss, NADDC DG, Others For 2018 NAJA Awards

All is now set for the 2018 Nigerian Auto Journalists Association Awards (NAJA) scheduled to hold December 13, 2018 at Eko Hotels, Victoria Island, Lagos State.   The Awards which yearly rewards excellence in the industry will see the Corps...
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Asaba Airport Welcomes First International Flight

Asaba Airport Welcomes First International Flight

Asaba was agog on Thursday  as the first international flight landed at the Asaba Airport to convey the Nigeria Super Eagles to South Africa, with the Governor Ifeanyi Okowa and Captain Yahaya Pam, Pilot, Max Air, saying thatfacilities at the...
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Photo News

Photo News

National President, Nigerian Association of Chambers Of Commerce, Industry, Mines and Agriculture, Iyalode Alaba Lawson, MFR, (Left)  with Hassan Bello, Executive Secretary Nigerian Shippers’ Council (NSC), during a visit to NSC in Lagos
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SON Decries Falsification Of Documents By Importers

SON Decries Falsification Of Documents By Importers

The Director-General, Standards Organisation of Nigeria (SON), Osita Aboloma, has appealed to importers and their representatives to desist from falsification of documents. Aboloma, who made the appeal during the organisation’s advocacy session organised fo...
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Nigeria Raises $2.86b Eurobonds

Nigeria Raises $2.86b Eurobonds

The Federal Government on Wednesday said it had raised 2.86 billion dollars three-series international bond under its Global Medium Term Note Programme.  Mr Paul Abechi, Special Adviser to the Minister of Finance on Media and Communications disclosed this in ...
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SEC’s CMC Inaugurates FinTech Roadmap Committee

SEC’s CMC Inaugurates FinTech Roadmap Committee

The Capital Market Committee (CMC) has inaugurated a Market Wide FinTech Committee to come up with a FinTech Roadmap for the Nigerian Capital Market. Inaugurating the Committee which has Mr. Ade Bajomo, Executive Director is Access Bank as Chairman, during...
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INEC Adopts Simultaneous Accreditation Of Voters

INEC Adopts Simultaneous Accreditation Of Voters

The Independent National Electoral Commission (INEC) says voting would hold simultaneously with accreditation of voters during the 2019 general elections.Mr Festus Okoye, INEC National Commissioner and Chairman, Information and Voter Education Unit, disclosed ...
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Maersk Rules Out Mergers, Acquisitions In 2019

Maersk Rules Out Mergers, Acquisitions In 2019

Danish transportation and logistics giant Maersk doesn’t see a strong need to pursue mergers and acquisitions in the following year, according to the company’s Chief Executive Officer, Søren Skou.  As explained, the company has over 20 per cent market ...
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Ashok Leyland MD Resigns, Shares Down By Eight Per Cent

Ashok Leyland MD Resigns, Shares Down By Eight Per Cent

Citing personal reasons, the Managing Director and Chief Executive Officer of commercial vehicle manufacturer, Ashok Leyland, Vinod K. Dasari has resigned. The resignation which takes effect March 31, 2019, was announced on Wednesday. He will be suceeded by ...
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A.P. Moller – Maersk Reports $10.1b Revenue In Q3

A.P. Moller – Maersk Reports $10.1b Revenue In Q3

For the 2018 third quarter, A.P. Moller – Maersk has reported growth in both Ocean and non-Ocean with a total revenue increase of 31% to USD 10.1bn, 12% excluding Hamburg Süd.  Growth in non-Ocean was at 15%, which now contributes...
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