Information Archives — Page 146 of 433

September 20, 2022 No Responses

Fitch Upgrades FBN Holdings To ‘B’, Outlook stable

Fitch Ratings has affirmed the Long-Term Issuer Default Ratings (IDRs) of FBN Holdings Plc (FBNH) and its subsidiary, First Bank of Nigeria Ltd. (FBN), ‘B’ from ‘B-’ with a stable outlook. Fitch also upgraded their Viability Ratings (VR) to ‘b’...

September 20, 2022 No Responses

NPA To Receive 30 Ships Laden With Frozen Fish, General Cargo, Others At Lagos Ports

The Nigerian Ports Authority (NPA), on Monday, disclosed that 30 ships conveying assorted goods were expected at Lagos ports from Sept. 19 to Sept. 28., 2022. NPA listed the items expected at the ports as bulk sugar, bulk urea, butane gas...

September 19, 2022 No Responses

SEC, UBA, BoI, Others Elaborate On Non-Oil Export Opportunities

The Securities and Exchange Commission (SEC) has reiterated its commitment to developing the commodities ecosystem in Nigeria to boost its non-oil sector. The Director-General of SEC, Lamido Yuguda, stated this at the 2022 annual conference of the Financ...

September 19, 2022 No Responses

Taiwo Afolabi Mourns Twin Brother

Dr. TaiwoAfolabi, Chairman, SIFAX Group, has described the death of his twin brother, Kehinde Afolabi, as a devastating and great loss. Mr. Kehinde Afolabi, Managing Director/CEO, Ken Dallas Hotel, died on Saturday in Lagos. According to the SIFAX Group bos...

September 19, 2022 No Responses

UBA DMD: Creative Industry Can Boost Nigeria’s Export Earnings

Mr Muyiwa Akinyemi, the Deputy Managing Director, United Bank for Africa Plc, has advised the Federal Government to take advantage of the opportunities in the creative industry for sustainable export earnings. Akinyemi gave the advice at the annual confe...

September 18, 2022 No Responses

Shippers’ Council, CBN, UBA, Fidelity Bank, Others Harp On Trade Facilitation

By Moses Ebosele, ebosele@hotmail.com — Trade facilitation took the centre stage, in Lagos, on Saturday as key stakeholders brainstorm on challenges, existing modalities and gains recorded so far. Speaking at the event, which forms part ...

September 18, 2022 No Responses

Kano Agro-Project Awards N6b Milk centres, Irrigation Contract

Kano State Agro-Pastoral Development Project (KSADP) has awarded N6 billion contract for the construction of irrigation infrastructure and milk collection centres across the state. The projects would be sited across 16 local government areas of the state, a ...

September 18, 2022 No Responses

2023: NUJ Warns Members Against Colluding With Politicians

The Nigeria Union of Journalists (NUJ), Sokoto State Council on Saturday warned members to avoid the temptation of being used for blackmail and character assassination for undue favour from politicians. The Council made the call in a communique issued at...

September 17, 2022 No Responses

NAHCO Takes Delivery Of New Ground Equipment

The Nigerian Aviation Handling Company Plc (NAHCO) has taken delivery of a new set of Ground Support Equipment (GSE) to improve service delivery to its clients in the industry. Head, Corporate Communications, Mr Samuel Akinrinmade, in a statement on Friday.....

September 17, 2022 No Responses

CSCS Joins ISSA’s Board, Appoints CEO, Jalo-Waziri As Member

The International Securities Services Association (ISSA) has appointed Mr Haruna Jalo-Waziri, Chief EXecutive Officer (CEO) of Central Securities Clearing System (CSCS) Nigeria, to its board. In a statement issued by Mr Johnson Onowugbeda, Team Lead...

September 17, 2022 No Responses

Ojulari Resumes As MD Of Weststar Associates

The Board of Directors of Weststar Associates Limited, Nigeria’s Authorized General Distributor for Mercedes-Benz, has announced the appointment of Mrs. Mary Ojulari as the new Managing Director of Weststar Associates Limited. A s...

September 16, 2022 No Responses

Weststar Associates Appoints Plath CEO, Ojulari MD

The Board of Weststar Associates Limited, Nigeria’s Authorized General Distributor for Mercedes-Benz, has appointed Mirko Plath as Chief Executive Officer (CEO) and Mrs Mary Aderinola Ojulari as Managing Director. Until his appointment as CE...

September 16, 2022 No Responses

Oil Dips On Weak Demand Fear, Strong Dollar

Oil prices drifted lower on Thursday as weak demand concerns over a large build in the crude inventory in the United States plus a strong dollar overtook potential supply disruption as the centre of focus, Reuters reported. The main Brent...

September 16, 2022 No Responses

Jime Harps On Seamless Trade, Synergy With Airfreight Stakeholders

As part of measures to promote seamless trade, the Executive Secretary/Chief Executive Officer of the Nigerian Shippers Council (NSC), Emmanuel Jime has sought synergy with Airfreight stakeholders. Jime stated this when the President, of the Airfreight Sta...