Information Archives — Page 340 of 479

March 29, 2018 No Responses

FG, States, LGs Share N647.39b

The Easter break as the Federal, State and Local Governments shared the sum of N647.39 billion from the Federation Account. The money was the revenue collection for the month of February 2018 which was approved at the Federation Account Allocation...

March 29, 2018 No Responses

UK Car Production Drops In February

The number of cars made in Britain fell in February as domestic demand slumped by “double digit figures”, industry figures suggest. The Society of Motor Manufacturers and Traders (SMMT) said that 145,475 vehicles were built during the month –...

March 28, 2018 No Responses

Banks Boost Financial Inclusion With 500,000 Agent Networks

In collaboration with the Central Bank of Nigeria (CBN), the licenced mobile money operators and the super agents, Commercial banks in Nigeria on Tuesday disclosed plan to roll-out 500,000 agent networks. According to the Banks, the development is designed to....

March 28, 2018 No Responses

UBA London Subsidiary Gets Regulatory Approval

Foremost financial institution, United Bank for Africa (UBA Plc) on Tuesday announced that its London subsidiary has obtained regulatory permission to carry out wholesale banking services in the United Kingdom. The approval licence was granted to the lender ...

March 28, 2018 No Responses

COSCO Names Another 20,000 TEU Boxship

China’s COSCO Shipping Lines has named COSCO Shipping Leo, a 20,000 TEU containership newbuild. The naming ceremony for the giant boxship was held in Nantong on March 22, 2018. Built by Nantong COSCO KHI Ship Engineering (NACKS), COSCO Shipping Leo is...

March 28, 2018 No Responses

Dana Air Bags Airline Of The Year Award

Dana Air has been announced as the airline of the year 2017, at the 8th edition of the Nigerian Aviation Awards and Presidential Dinner, held in Lagos. The airline’s CEO,Jacky Hathiramani, Communications Manager, Kingsley Ezenwa also bagged the CEO...

March 28, 2018 No Responses

Wema Bank Secures $35m From AfDB To Fund SMEs

Wema Bank Plc. has signed a Line of Credit Agreement with the African Development Bank (AfDB) to grow financial support to small and medium scale businesses in Nigeria. In a statement, the Bank explained that AfDB has already disbursed...

March 27, 2018 No Responses

Heritage Bank empowers 5, 544 pupils, Teachers on financial literacy

As part of efforts to support the Central Bank of Nigeria’s Financial Literacy Day, which marks the Global Money Week, Heritage Bank Plc empowered 5, 544 (pupils and teachers) in 11 secondary schools across the country. The CBN’s Financial Literacy...

March 27, 2018 No Responses

NIMASA Seeks National Policy to Actualize Maritime Strategy

The Director General of the Nigerian Maritime Administration and Safety Agency, NIMASA Dr. Dakuku Adol Peterside has called for the implementation of a National Maritime Policy in Nigeria to serve as catalyst for the actualization of the objectives of the...

March 27, 2018 No Responses

UBA Unveils 30 Campus Ambassadors

The United Bank for Africa (UBA) Plc has unveiled the second edition of its Campus Ambassador Programme with the induction of 30 new brand ambassadors. The UBA Campus Ambassador Programme is an initiative to identify young emerging leaders among students...

March 27, 2018 No Responses

FRSC Mobilises All Formations For Easter Special Patrol Operation

The Federal Road Safety Corps (FRSC) says it has mobilised all its field and sector commands for the nationwide 2018 Easter Special Patrol operations. The exercise, according to the Corps Public Education Officer, Mr Bisi Kazeem, is scheduled to run...

March 26, 2018 2 Responses

NPA Begins Talk With NLNG As More Shipping Firms Fault Restrictions Along Bonny Channel

The management of Nigerian Ports Authority (NPA) has opened discussions with Nigeria Liquefied Natural Gas (NLNG) on the dualisation of Bonny Channel. The development followed series of complaints from shipping firms alleging restrictions, delays due to mov...

March 26, 2018 No Responses

37 Dead, 64 Missing In Shopping Mall Inferno

At least 37 people are confirmed to have died in a fire that tore through a shopping centre in the Siberian coal-mining city of Kemerovo. At least 64 people are missing, including 41 children, and parts of the building are...

March 26, 2018 No Responses

ABUJA MoU Moves Against Substandard Shipping In Africa

In a bid to harmonize port state control inspection procedures that will lead to the elimination of substandard shipping in the West and Central Africa sub-region, the Abuja Memorandum of Understanding (MoU) will host its 3rd Ministerial Conference and 9th...