Information Archives — Page 370 of 512

April 12, 2018 No Responses

Dana Air Named Official Airline of Wives of Africa Presidents Summit

Dana Air has been named the official airline of the maiden edition of the Coalition of Wives of Presidents and Vice Presidents in Africa for Peace (COWAP) Summit for Peace and Development, scheduled to hold from 21st to 22nd of...

April 11, 2018 No Responses

Oando Shareholders Accuse SEC of Shielding Probe

Shareholders of Oando Plc, on Tuesday, appealed to President Muhammadu Buhari and the National Assembly to intervene in the crisis rocking the company. Under the aegis of Proactive Shareholders Association of Nigeria (PROSAN), Trusted Shareholders A...

April 11, 2018 37 Responses

NPA To Stakeholders: Fast-Track Working Document On Review Of Terminal’s Agreement

The Managing Director of Nigerian Ports Authority (NPA), Hadiza Bala-Usman has urged all stakeholders concerned with the working document for the review of Terminal’s Agreement to speed up the processes. Speaking in Lagos when Management of the Infrastruc...

April 11, 2018 No Responses

Guinness Nigeria Signs Waste Management Deal With Wecyclers

Guinness Nigeria Plc has partnered Wecyclers, a for-profit social enterprise that promote environmental sustainability, socioeconomic development, and community health to support Guinness’ waste management agenda. The partnership is expected to, among ot...

April 10, 2018 No Responses

Growing US Imports Threatened by Developing Trade War

Imports at major retail container ports in the US are expected to grow 5.8 percent in April, but could be threatened by a developing trade war between the US and China, the National Retail Federation said. “Tariffs are a tax on...

April 10, 2018 No Responses

NCC: MTN Pays N165B Out Of N330B Sim Fine

The Nigerian Communications Commission ( NCC) said that MTN has paid N165 billion out of the N330 billion fine imposed on it due to its inability to disconnect improperly registered SIM cards. Prof. Umar Danbatta, Executive Vice Chairman of NCC...

April 10, 2018 No Responses

Lufthansa Cancels 800 Flights Amid Strike

Lufthansa has been forced to cancel 800 flights on Tuesday as the spring of discontent among Europe’s workers spreads to Germany. The airline has axed half of its 1,600 scheduled flights, affecting 90,000 passengers. Workers are staging the walkout ahead...

April 9, 2018 No Responses

Lagos Bus Reform To Create 3,000 Jobs

The Lagos State government has said no fewer than 3000 jobs would be created when the 13 bus terminals springing across the city finally comes on stream. This is as it disclosed that about 473 buses to flag-off operation of...

April 9, 2018 No Responses

Heritage Bank Restates Commitment To Sustainable Growth, Profitability

Heritage Bank Plc has restated its commitment to sustainable growth and profitability despite the prevailing adverse macro-economic environment. The bank said in statement issued over the weekend by Mr. Fela Ibidapo, Divisional Head, Corporate Communications...

April 8, 2018 No Responses

160 Firms Bid For NNPC Valuation, Land Acquisition Services Contract

Not less than 160 firms of professional estate surveyors and valuers participated in the bid to provide the Nigerian National Petroleum Corporation (NNPC) with valuation and land acquisition services. This was disclosed by the Group General Manager (GGM), S...

April 8, 2018 No Responses

Samsung Electronics Stakes $192m On SHI Shares

Samsung Electronics intends to participate in Samsung Heavy Industries’ (SHI) rights offering by investing KRW 204.06 billion (USD 191.8 million). The technology company unveiled the decision to acquire 34.76 million shares in SHI in its stock exchange filin...

April 7, 2018 No Responses

Honda Accord Gets Car of the Year Award

The all new Honda Accord has won North American Car of the Year Award. According to the organizers, the Car of the Year award is reserved for models that are new or significantly updated for 2018. This is the...

April 7, 2018 No Responses

Easter Patrol: FRSC Rescues 1,071, Records 160 Crashes

Following the just concluded 2018 Easter special patrol which lasted from Wednesday 28 March 2018 to Tuesday 3 April 2018, the Federal Road Safety Corps (FRSC) recorded a total of 1,071 number of people rescued from a total of 160...

April 7, 2018 No Responses

NNPC Signs $2.8B Contract For Ajaokuta – Kaduna – Kano Gas pipeline Project

The Nigerian National Petroleum Corporation (NNPC) has executed contracts for the engineering, procurement, construction, commissioning and financing for Lots 1&3 of the 40inch x 614km Ajaokuta – Kaduna – Kano gas pipeline and stations with a consorti...