APC raises 49-member committee for Ondo election

APC raises 49-member committee for Ondo election

(NAN) The All Progressives Congress (APC) on Thursday in Abuja constituted a 49-member campaign committee for the November 26 governorship poll in Ondo state.  The committee has nine governors, nine ministers, former governors and members of the National Assembly, including...
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LCCI Photo News

LCCI Photo News

Photo Caption: From Left – Peter Holasek, Ambassador, Embassy of the Slovakia Republic; Chief Dr. Mrs. Nike Akande, CON, President, Lagos Chamber of Commerce and Industry (LCCI) and Muda Yusuf, Director General, LCCI during aCourtesy Visit by the Ambassa...
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Ghana begins expansion of Tema Port

Ghana begins expansion of Tema Port

Construction works on the USD 1.5 billion Tema Port expansion have begun, Ghana Ports and Harbours Authority (GPHA) informed.  Scheduled to be completed by the fourth quarter of 2019, the project will result in four deep-water berths, a new breakwater and...
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CBN faults report on Banks, caution against exceeding $50,000 annual limit on overseas withdrawal

CBN faults report on Banks, caution against exceeding $50,000 annual limit on overseas withdrawal

No Nigerian Bank is in crisis, the Bankers Committee said on Wednesday after its 329thmeeting in Lagos.   Briefing Journalists after the meeting, the Director, Banking Supervision of CBN, Tokunbo Martins described negative reports on the state of Nigerian Ba...
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Customs impounds 121 vehicles, 3,082 bags of Rice, others in FOU Zone C

Customs impounds 121 vehicles, 3,082 bags of Rice, others in FOU Zone C

 The Nigeria Customs Service (NCS), Federal Operations Unit (FOU) Zone C, Owerri has recorded a total of two hundred and thirty-one (231) seizures of contraband goods with an overall Duty Paid Value (DPV) of one billion, nine hundred and fifty-seven...
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UBA profit hits N62 Billion in nine months

UBA profit hits N62 Billion in nine months

Leveraging its expansive footprint, pan-African banking group, United Bank for Africa Plc (UBA), has announced its unaudited Third Quarter Financial Results, showing a 7% year-on-year growth in profit before tax to N62 billion despite the challenging macro-...
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Minister pledges full implementation of ISPS Code

Minister pledges full implementation of ISPS Code

The Federal Government has reiterated Nigeria’s commitment to maritime security through the full implementation of the International Ship and Port Facility Security (ISPS) code.   This commitment was made by the Minister of Transportation, Rotimi Chibuike A...
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Emirates Photo News

Emirates Photo News

L-R  Nigerian Actress/MC of Occasion, Mrs Shaffy Bello; Emirates Sales Manager ,Sales & Commercial, Mr Eghe Ekhator; CEO Modela Courture, Mr Adebayo Adegbe; FADAN President, Mrs Funmi Ladipo; and FADAN Ambassador/CEO Tiannah Styling, Mrs Toyin Lawani, at ...
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‘Clean environment at Seaports, good health critical in operational efficiency’

‘Clean environment at Seaports, good health critical in operational efficiency’

The management of Nigerian Ports Authority (NPA) has reiterated its resolve to make the Nation’s Seaports a pride worthy of emulation in line with International Standards.  According to NPA, the resolve is attainable through adherence to better sanitization...
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GE confirms interest in $2 billion Nigeria railway concession

GE confirms interest in $2 billion Nigeria railway concession

(Reuters) General Electric (GE) (GE.N) confirmed its a “keen interest” in acquiring a Nigeria railway concession project worth around $2 billion, the U.S. company said on Monday. Nigerian President Muhammadu Buhari said this month that GE would be ...
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Dangote Group decries ‘malicious use of brand name’

Dangote Group decries ‘malicious use of brand name’

Dangote Group has raised the alarm over the activities of online fraudsters, who according to the Group are maliciously misrepresenting and misusing its brand image and that of its senior executives to defraud unsuspecting members of the public.  The fraudste...
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FG to launch Digital Broadcasting  in  December

FG to launch Digital Broadcasting in December

The Minister of Information and Culture, Alhaji Lai Mohammed, has assured of the Federal Government’s readiness to launch the DigitalSwitch Over (DSO) in broadcasting in the Federal Capital Territory (FCT), Abuja, by the end of 2016.  The Minister gav...
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Ease of doing business and corruption at borders, ports

Ease of doing business and corruption at borders, ports

By Lanre Badmus –  After months of mere sound bites and public statements, a Presidential Enabling Business Environment Council has been approved by President Muhammadu Buhari, to drive government’s promise to significantly reduce the cost of doing bu...
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‘Made-In- Nigeria products key to sustained economic growth’

‘Made-In- Nigeria products key to sustained economic growth’

To sustain economic growth, there is the urgent need for Nigeria to focus on Made-in-Nigeria goods and services.   Declaring open the 22nd Nigerian Economic Summit in Abuja on Monday, President Muhammadu Buhari explained that diversification of the Nigerian e...
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