NNPC, DPR uncover illegal fuel reservoirs in Abuja

NNPC, DPR uncover illegal fuel reservoirs in Abuja

A combined team of the Nigerian National Petroleum Corporation (NNPC), Department of Petroleum Resources (DPR) and security agents on Sunday uncovered illegal reservoirs of fuel in Abuja.  Speaking at the site of the mini depot, the Group Managing Director of...
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Pope seeks peace for Jerusalem

Pope seeks peace for Jerusalem

Pope Francis has used his traditional Christmas Day message to call for “peace for Jerusalem” and dialogue between Israelis and Palestinians. Acknowledging “growing tensions” between them, he urged a “negotiated solution… th...
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Priest, community leader condemn hike in product prices, services

Priest, community leader condemn hike in product prices, services

A Catholic Priest, Rev. Fr.  Gabriel Fatoye, has criticised some retailers and service providers for deliberating increasing prices of products and services during the Christmas season. Fatoye, an Associate Parish Priest of the Sacred Heart Catholic Church, O...
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World’s largest amphibious plane in maiden China flight

World’s largest amphibious plane in maiden China flight

The world’s largest amphibious aircraft, China’s AG600, has made a successful one-hour maiden flight. The plane, roughly the size of a Boeing 737 but with four turboprop engines, lifted off from Zhuhai airport in the southern province of Guangdong....
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SGF: FG not contemplating hike in petrol pump price

SGF: FG not contemplating hike in petrol pump price

The Secretary to the Government of the Federation (SGF), Boss Mustapha has assured Nigerians that the Federal Government is not contemplating any form of hike in the pump price of petroleum products. Mustapha disclosed this on Saturday at the handing...
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HSH to sell shares in FSL Trust

HSH to sell shares in FSL Trust

Godan GmbH, the controlling unitholder of First Ship Lease Trust (FSL Trust), is in discussions with investors for a potential sale of all of its shares in FSL Holdings, the sponsor of the trust. FSL Holdings, through FSL Asset Management, owns all...
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Toyota Hilux maintains position as market leader in 2017

Toyota Hilux maintains position as market leader in 2017

For almost 50 years, the Toyota Hilux has been a South African icon. Not only because it is a bakkie with a proven record, but because it has an almost indestructible reputation for being a die-hard vehicle. Give it a...
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Union Bank announces changes to its Board of Directors

Union Bank announces changes to its Board of Directors

Union Bank of Nigeria Plc (Union Bank) has announced changes to the membership of its Board of Directors with the retirement of an Executive Director, Mr. Ibrahim Kwargana and the resignations of Non-Executive Directors, Engr. Mansur Ahmed, Chief Dr. (Mrs.)...
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Taipei hosts 2017 Capital Markets Forum

Taipei hosts 2017 Capital Markets Forum

A total of 10 exchanges and 23 representatives attended the Asian and Oceanian Stock Exchanges Federation (AOSEF) Working Committee, hosted by the Taipei Exchange (TPEx), in November 2017. Delegates attended from major stock exchanges across Asia, including: B...
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Petrol pump price hits N250 per litre as DPR forces NNPC mega station to dispense product

Petrol pump price hits N250 per litre as DPR forces NNPC mega station to dispense product

The supply and price of Petrol in Anambra have worsened as customers now pay between N250 and N300 per litre in the state. Most filling stations in Awka and its environs had the product but refused to dispense.  However, the...
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SIFAX GROUP Photo News

SIFAX GROUP Photo News

L-R: Mrs. Chinelo Nwobi, Assistant General Manager, Human Resources and Administration; Bolarinwa Abioye (10 years awardee); Dr. Fola Rogers-Saliu, Executive Director, Human Resources and Administration and Mrs. Chiebonam Ezetu, Treasury Manager at the 2017 SI...
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Customs hits N1trillion highest revenue collection

Customs hits N1trillion highest revenue collection

The Nigeria Customs Service (NCS) has recorded its highest revenue collection ever of over N1 trillion as against N770 billion target set for 2017. The Service Public Relations Officer, Mr Joseph Attah, announced this at a news conference in Abuja...
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Jeep Wrangler explains 2018 mission, top model to cost $60,000

Jeep Wrangler explains 2018 mission, top model to cost $60,000

The 2018 Jeep Wrangler JL starts at just $26,995. That base price is for the two-door Sport model, with the most expensive model of the bunch being the four-door Rubicon Unlimited, which asks $40,495 starting.   Jeep has opened up its...
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UNIJOS, others acquire subsidiaries of Nigerian Mining Corporation

UNIJOS, others acquire subsidiaries of Nigerian Mining Corporation

The National Council on Privatisation (NCP), at its 4th meeting for 2017,approved the privatisation of the remaining 5 (out of the 23) subsidiaries of the Nigerian Mining Corporation (NMC). The NCP approved the sale of Naraguta Bricks and Clay Company...
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