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, incorporating Hedge Fund Academy and...
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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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NPA reiterates collaboration with Chamber of Shipping

NPA reiterates collaboration with Chamber of Shipping

The Managing Director of the Nigerian Ports Authority (NPA), Hadiza Bala Usman has reiterated the agency’s resolve to collaboare with the Nigerian Chamber of Shipping and all stakeholders in the Ports Industry. Speaking, when she hosted members of the Chambe...
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NPA Photo News

NPA Photo News

The Managing Director of Nigerian Ports Authority (NPA), Hadiza Bala Usman (Middle); British Deputy High Commissioner, Laure Beautis (left) and Alessandra Lustrati of the Department for Foreign International Development (DFID) and Private Sector Adviser, both ...
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Senate Scraps Customs Board

Senate Scraps Customs Board

The Senate chamber of Nigeria’s National Assembly on Wednesday scrapped the Governing Board of the Nigerian Customs Service (NCS), replacing it with the establishment of the Nigerian Customs Commission.   The development follows a clause by clause considera...
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Heirs Holdings appoints Emmanuel Nnorom as Group Chief Executive

Heirs Holdings appoints Emmanuel Nnorom as Group Chief Executive

The Board of Heirs Holdings on Wednesday announced the appointment of Emmanuel Nnorom as Group Chief Executive Officer.   Mr Nnorom previously served as chief executive of Heirs Holdings’ affiliate Transnational Corporation of Nigeria Plc and will join the ...
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Lagos secures FG’s approval to reconstruct Airport Road

Lagos secures FG’s approval to reconstruct Airport Road

Acting President, Professor Yemi Osinbajo has granted permission to the Lagos State Government to embark upon a total reconstruction of the International Airport Road from Oshodi.  In a Statement signed on Wednesday by the Secretary to the State Government, M...
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Ooni implores NPA, stakeholders on trade facilitation, packaging, AGOA

Ooni implores NPA, stakeholders on trade facilitation, packaging, AGOA

The Ooni of Ife, His Imperial Majesty, Enitan Adeyeye Ogunwusi Ojaja II, has challenged stakeholders to uphold and take advantage of the African Growth Opportunity Act (AGOA).   Specifically, the Ooni, who spoke in Lagos at a forum comprising of representati...
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Production of Vaccine: FG approves N2.5b JV with May & Baker

Production of Vaccine: FG approves N2.5b JV with May & Baker

The Federal Executive Council (FEC) has approved N2.5billion Joint Venture (JV) agreement between the Federal Government and May & Baker  Plc to produce vaccines from 2017 to 2021. Briefing Journalists after the FEC meeting on Wednesday, the  Minister of...
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CBN enhances Naira with $482.6m

CBN enhances Naira with $482.6m

 As part of ongoing efforts, the Central Bank of Nigeria (CBN) on Tuesday intervened in the inter-bank market to the tune of $482.6 million.   A statement issued by its Acting Director, Corporate Communications, Isaac Okorafor, in Abuja explained that...
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