‘FG will continue to fight illicit trafficking in Cultural Property’

‘FG will continue to fight illicit trafficking in Cultural Property’

The Minister of Information and Culture, Alhaji Lai Mohammed, has promised that the Federal Government will continue to fight against the illicit trafficking in Cultural Property. Declaring open an exhibition of repatriated Nigerian artefacts in Lagos on Thursday, the Minister challenged the...
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Citibank: Nigerian economy on slow path to recovery

Citibank: Nigerian economy on slow path to recovery

Following a difficult two years, there are now signs that the Nigerian economy is starting the slow path to recovery, Citibank Africa Economist, Mr David Cowan has said   Speaking at a Direct Custody and Clearing (DCC) seminar, Cowan said...
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‘Egina FPSO will enhance NIMASA’s safety regulatory capacity’

‘Egina FPSO will enhance NIMASA’s safety regulatory capacity’

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr Dakuku Peterside has said the on-going construction of the multi-billion dollar Egina Floating Production Storage and Offloading (FPSO) project will increase the knowle...
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Customs FOU apprehends 10 suspects, records 152 seizures

Customs FOU apprehends 10 suspects, records 152 seizures

The Nigeria Customs Service (NCS), Federal Operations Unit (FOU) Zone ‘A’,  Ikeja, Lagos has  has recorded 152 seizures with a Duty Paid Value of N334,042,396.    Briefing Journalists in Lagos on Wednesday, Customs Area Controller of the Command, Uba ...
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FRSC rescues 401,454 in six years, depoys 1,201 Breathalyzers

FRSC rescues 401,454 in six years, depoys 1,201 Breathalyzers

By Moses Ebosele (ebosele@hotmail.com) –    Between 2011 and 2016, the Federal Road Safety Corps (FRSC) rescued alive not less than 401,454 Nigerians from crash scenes across the country.    Speaking at the just concluded 2017 Nigeria Auto Journalist...
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2017 Budget, an important milestone in Nigeria’s economic recovery, growth, says Osinbajo

2017 Budget, an important milestone in Nigeria’s economic recovery, growth, says Osinbajo

“This is an important milestone in our economic recovery and Growth plan laid in April by President Muhammadu Buhari.    “I would like to express my appreciation to the Senate President, the Speaker of the House of Representatives, as well...
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Export of certified yams from Nigeria to U.S, U.K, begins June 29

Export of certified yams from Nigeria to U.S, U.K, begins June 29

Barring any last minute adjustment, Nigeria will formally export its first consignment of certified yams to the United Kingdom and United States of America on the 29th of June, 2017.   According to the Minister of Agriculture and Rural Development,...
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FRSC begins Psychiatric test for traffic offenders July 1

FRSC begins Psychiatric test for traffic offenders July 1

Come July 1, 2017, the Federal Road Safety Corps (FRSC) will resume enforcement of psychiatric tests on traffic law offenders nationwide.   According to Bisi Kazeem, FRSC ‘s Corps Public Education Officer,  in a press statement in Abuja on Monday, Cor...
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NSE Photo News

NSE Photo News

L – R: Gilles Kolifrath, Partner, Kramer Levin Naftalis & Frankel,  ISDA Member; Irene Robinson-Ayanwale, Head, Legal Department, The Nigerian Stock Exchange (NSE); Abimbola Ogunbanjo, 1st Vice President, NSE; Marilyn Ramplin, Founder, Novia One Group, ...
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Minister to Traditional Rulers: Support FG in promoting peace

Minister to Traditional Rulers: Support FG in promoting peace

The Minister of Information and Culture, Alhaji Lai Mohammed, has appealed to traditional rulers to support the government in promoting peace and unity across the country, amid rising cases of incendiary statements and hate speeches capable of tearing the na...
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Senate scraps FERMA

Senate scraps FERMA

The Senate has passed a bill scrapping the Federal Road Maintenance Agency (FERMA) and replacing it with Federal Roads Authority. The bill, sponsored by Kabiru Gaya (Kano-APC), was read the third time at plenary before it was passed through a...
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China Harbour stakes $86.8m for NPA’s equity in Lekki Deep Seaport

China Harbour stakes $86.8m for NPA’s equity in Lekki Deep Seaport

The proposed agenda to concession Lekki Deep Seaport has assumed a new dimension as China Harbour Engineering Company (CHEC) indicates interest  to stake $86,810,000.00 for the balance of Nigerian Ports Authority (NPA) equity.   The development is coming les...
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SEC to revoke registration of 400 professionals

SEC to revoke registration of 400 professionals

The Securities and Exchange Commission (SEC) is to revoke the registration of about 400 Capital Market Experts or Professionals who do not comply with the directive to provide updated information of their companies/firms by July 31, 2017.    According to...
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Seplat gas business exceeds $100m revenue in 2016

Seplat gas business exceeds $100m revenue in 2016

By Moses Ebosele (ebosele@hotmail.com) –      The gas business of Seplat Petroluem Development Company Plc exceeded $100 million revenue milestone projection for the year 2016 despite various challenges in the sector.    Briefing shareholders durin...
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