Iyalode Alaba Lawson bags State of Georgia honourary citizenship

Iyalode Alaba Lawson bags State of Georgia honourary citizenship

The State of Georgia, United States of America, has conferred its honourary citizenship on the Chairman of US-Nigeria Trade Council, Iyalode Alaba Lawson.    At a ceremony held in her honour, the Secretary of State for the State of Georgia, Mr....
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TICT unveils Africa’s first female harbour crane operators

TICT unveils Africa’s first female harbour crane operators

Leading container terminal operator, Tin Can Island Container Terminal (TICT) made history on Friday as it unveiled the first set of female harbour crane and Rubber Tyre Gantry (RTG) operators in Africa.  Speaking at the official presentation of the female...
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Canada deploys First LNG to China in Container

Canada deploys First LNG to China in Container

Canada has sent its first shipment of liquefied natural gas (LNG) to China by a containership as part of a pilot project to determine long-term feasibility.  LNG was supplied by FortisBC’s Tilbury facility in Delta, logistics and equipment were provided...
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BMW to invest $237m on battery cell center

BMW to invest $237m on battery cell center

BMW will bundle its battery cell expertise in a new competence center, the German luxury carmaker said on Friday, adding it would invest 200 million euros ($237 million) in the site over the next four years.  “By producing battery-cell prototypes,...
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SIFAX Group Wins Ebute-Ojo Ferry Terminal Concession

SIFAX Group Wins Ebute-Ojo Ferry Terminal Concession

SIFAX Group, a multinational corporation with diverse interests in Maritime, Aviation, Haulage & Logistics, Oil & Gas and Hospitality, has been given the concession approval by the Lagos State Government to operate and maintain the Ebute-Ojo Ferry Term...
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Nestle shareholders to get 1,500k interim dividend as Wapic, Zenith, UBA records N5.8b deals in five days

Nestle shareholders to get 1,500k interim dividend as Wapic, Zenith, UBA records N5.8b deals in five days

 For the period ended September 2017, Nestle Plc has proposed 1500 kobo interim dividend.   In a notice to the Nigerian StockExchange (NSE), the company explained that qualification date is 24th November 2017 while closure date is 27th November 2017....
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NPA MD lauds first set of RTG operators in Africa

NPA MD lauds first set of RTG operators in Africa

Like their male counterpart, women can enhance the Maritime Industry and improve the Nation’s Economy, the Managing Director of Nigerian Ports Authority (NPA), Hadiza Bala Usman has said  Speaking at the Tincan Island Container Terminal Ltd (TICT), the NPA ...
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ILO: Weak recovery in youth labour markets demands sweeping response

ILO: Weak recovery in youth labour markets demands sweeping response

Young people are estimated to account for over 35 per cent of the unemployed population worldwide in 2017. While the global youth unemployment rate stabilized at 13.0 per cent in 2016, it is expected to rise slightly to 13.1 per...
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FG uncovers 500 tax fraudsters

FG uncovers 500 tax fraudsters

The Federal Government has obtained the names of 500 Nigerians implicated in various cases of tax fraud across the country. Mr Laolu Akande, the Senior Special Assistant on Media and Publicity to the President (Office of the Vice President) disclosed...
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Investors stake N1.14b on UBA shares as market capitalisation records N28b growth

Investors stake N1.14b on UBA shares as market capitalisation records N28b growth

United Bank for Africa (UBA) on Thursday emerged the toast of investors with a turnover of 116.63 million shares valued at N1.14 billion on the floor of NigerianStock Exchange (NSE).  Access Bank followed with 98.34 million shares worth N987.63 million,...
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Forensic Audit: Court strikes out Oando’s case against SEC

Forensic Audit: Court strikes out Oando’s case against SEC

A Federal High Court sitting in Lagos has struck out a case filed by Oando PLC against the Securities and Exchange Commission (SEC) seeking to stop SEC from conducting a forensic audit on the company and also lift a technical...
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2017 Budget: FERMA gets N800m out of N25b

2017 Budget: FERMA gets N800m out of N25b

Out of the N25billion budget of the Federal Roads Maintenance Agency (FERMA), only N800million has been received, the Minister of Power, Works & Housing, Babatunde Fashola has said.   Briefing members of the Senate Committee on Federal Roads Maintenance A...
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Real Madrid Players get their yearly Audis, many are Q7 SUVs

Real Madrid Players get their yearly Audis, many are Q7 SUVs

In Spain it’s that time of the year for Real Madrid’s players to take delivery of their shiny new cars from the team’s sponsor Audi. The company with the four-ring logo joined forces with the hugely popular soccer team back...
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Fidelity Bank disburses N2.5b to 500 SMEs operators

Fidelity Bank disburses N2.5b to 500 SMEs operators

Fidelity Bank Plc says it has disbursed the sum of N2.5 billion out of the Central Bank of Nigeria (CBN) N220 billion Micro, Small and Medium Enterprises Development Fund (MSMEDF).  Mr Nnamdi Okonkwo, the bank’s Managing Director/ Chief Executive Officer...
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