Stallion motors dares SUV segment leaders with N7.9m price tag for Changan CS35

Stallion motors dares SUV segment leaders with N7.9m price tag for Changan CS35

Stallion Motors Limited has announced price offer of N7.9m for the new Changan CS35 entry-level Sport Utility Vehicle (SUV) to cater for a growing demand for vehicles in the compact SUV market segment. The bargain, according to the company, is...
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FG unveils N5b funding support for artisanal, small scale miners

FG unveils N5b funding support for artisanal, small scale miners

The Ministry of Mines and steel Development has signed a Memorandum of Understanding (MoU) with the Bank of Industry (BOI) for the management of a N5 billion fund in support of Artisanal and Small Scale Miners in the country. Under the...
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Lagos to enforce compulsory insurance scheme

Lagos to enforce compulsory insurance scheme

 The Lagos State Government wants effective enforcement of Compulsory Insurance Scheme (CIS) in its territory to mitigate risks resulting from violation of insurance regulations in various sectors. Already, the state has constituted an enforcement team to ta...
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COSCO Shipping records $26.3m profit in six months

COSCO Shipping records $26.3m profit in six months

COSCO Shipping International (Hong Kong) Limited witnessed a rise in its earnings during the first half of 2017, driven by long-awaited signs of recovery in the shipping industry.   For the six months ended 30th June 2017, the group’s profit...
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GOCOP at Presidential Villa, seeks accreditation of more members

GOCOP at Presidential Villa, seeks accreditation of more members

The recently elected executives of the Guild of Corporate Online Publishers (GOCOP) on Friday visited Nigeria’s seat of power, Aso Rock. The GOCOP team, led by its new President, Dotun Oladipo, was received by the Special Adviser to the President...
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Customs detains Oritsetimeyin truck over alleged smuggling

Customs detains Oritsetimeyin truck over alleged smuggling

A truck belonging to Oritsetimeyin Logistics Limited has been detained by the Federal Operations Unit (FOU) of Nigeria Customs Service,Zone ‘A’ Ikeja, over alleged smuggling.   With registration number SMK 412XC, the truck was arested while conveying smug...
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Audi appoints four new board members

Audi appoints four new board members

There is to be a new composition of the Board of Management of AUDI AG as of September 1. The area of Finance, IT and Integrity will be the responsibility of Alexander Seitz and the area of Marketing and Sales...
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NSE Photo News

NSE Photo News

L – R:Oscar N. Onyema, OON, Chief Executive Officer, The Nigerian Stock Exchange (NSE); Ade Bajomo, Executive Director, Market Operations and Technology, NSE; Honorable Minister of Science and Technology, Dr. Ogbonnaya Onu; Chief Patrick Ezeagu, Chairman, As...
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Kia signs new UEFA Europa league sponsorship deal

Kia signs new UEFA Europa league sponsorship deal

Kia Motors has been  named as a new Official Partner of the UEFA Europa League. The three-year sponsorship agreement commences in time for the 2018/19 season, and runs through to the UEFA Europa League final in 2021. The UEFA Europa...
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Customs records 54 Seizures, recovers N252.1m duty payments

Customs records 54 Seizures, recovers N252.1m duty payments

The Federal Operations Units (FOU) of Nigeria Customs Service (NCS), Zone ‘A’, Ikeja has recorded 54 seizures with a Duty Paid Value (DPV) of over N783million.    According to the command, the seizures were recorded between Wednesday 9th and Friday 25th...
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Dakuku: We are ready to disburse CVFF Fund according to Law

Dakuku: We are ready to disburse CVFF Fund according to Law

Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside has assured Nigerian shipowners that the agency is making frantic efforts to disburse the Cabotage Vessel Financing Fund (CVFF) in line with set down regul...
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Edo rehabilitates fertilizer plant, to ‘disrupt’ importation

Edo rehabilitates fertilizer plant, to ‘disrupt’ importation

The Edo State Government and WACOT Limited will receive the Vice President, Professor Yemi Osibanjo, on Tuesday, August 29, 2017, to commission the Edo State Fertilizer and Chemical Company Limited (ESFCCL) located in Auchi, Edo State.   The Edo Fertilizer...
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Photo News

Photo News

Director General, Nigerian Maritime Administration and Safety Agency, (NIMASA), Dr. Dakuku Peterside (middle), in a photograph with some Management staff of the Agency and members of the Shipping Association of Nigeria led by Representative of the Chairman of ...
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Top ships under investigation over share issuance scheme

Top ships under investigation over share issuance scheme

An investigation has been launched on behalf of investors of Top Ships, a Marshall Islands-incorporated tanker owner and operator, into the company’s dealings with Kalani Investment. According to US-based law firm Glancy Prongay & Murray LLP (GPM), the...
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