CMA CGM Lifts 19m Containers In 2017, Explains $701m Income

CMA CGM Lifts 19m Containers In 2017, Explains $701m Income

French shipping giant CMA CGM returned to profitability in 2017 as its consolidated net income group share for the year amounted to USD 701 million, a sharp increase compared to the loss of USD 452 million reported in 2016. In...
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23 UK Diplomats Expelled From Moscow

23 UK Diplomats Expelled From Moscow

Russia is to expel 23 British diplomats in a row over the nerve agent attack on an-ex spy and his daughter in the UK. The Russian foreign ministry said the UK staff would be expelled from Moscow within a week...
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New Audi Q8 Debuts In June

New Audi Q8 Debuts In June

The head of Audi Research and Development, boss Peter Mertens has revealed that the Auto firm will reveal the new Q8 in June, 2018.    According to him, the new Q8 will be revealed at a special event to be...
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NSE Celebrates Global Money Week

NSE Celebrates Global Money Week

The Nigerian Stock Exchange (NSE) is pleased to announce that it commemorated the 2018 Global Money Week themed, Money Matters Matter, between Monday, March 12, 2018 and Friday, March 16, 2018, with a series of educational programs aimed at teaching...
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Buhari To Inaugurate Food Security Council on Monday

Buhari To Inaugurate Food Security Council on Monday

Days after he announced the intention of the Federal Government to establish a National Food Security Council, President Muhammadu Buhari has approved the constitution of the Council’s membership.  The Council, to be chaired by the President, will be inaugu...
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Jacob Zuma Faces Corruption Trial

Jacob Zuma Faces Corruption Trial

South Africa’s former President Jacob Zuma is to face prosecution for 16 charges of corruption relating to a multi-billion-dollar arms deal. The case centres on a 30bn rand ($2.5bn; £1.7bn) deal to modernise the country’s defence in the late 1990s...
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SIFAX Photo News

SIFAX Photo News

Dr. Fola Rogers (2nd left), Executive Director, Human Resources and Administration and Mrs. Chinelo Nwobi, Assistant General Manager, Human Resources and Administration (3rd left), led the SIFAX women in celebration of the 2018 International Women’s Day at t...
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Industrial Park: NEXIM Bank offers Edo  N553b Funding  Window

Industrial Park: NEXIM Bank offers Edo N553b Funding Window

The Nigerian Export-Import (NEXIM) Bank has thrown its weight behind the Benin Industrial Park project with three funding windows running into N553 billion and building of local capacity to meet export standards.  The management of NEXIM bank led by its...
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Diamond Bank Unveils  Game-enabled Digital Savings Platform

Diamond Bank Unveils Game-enabled Digital Savings Platform

Foremost financial institution, Diamond Bank Plc, has raised higher the bar in the delivery of unique financial services that suits customers changing lifestyles and needs. In partnership with Women’s World Banking with support from Financial Sector Deepenin...
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Mercedes-Benz  Consolidates Expansion Drive, Opens $93m Headquarters In Atlanta

Mercedes-Benz Consolidates Expansion Drive, Opens $93m Headquarters In Atlanta

World acclaimed auto firm, Mercedes-Benz has unveiled new $93 million headquarters in Atlanta, United States of America.    This summer, parent Daimler AG will open a fourth office of Lab1886, its global incubator venture, in Atlanta, joining existing locati...
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Photo News

Photo News

R-L: Vice President Yemi Osinbajo, Daughter, Oludamilola Osinbajo, Son-Inlaw, Oluseun Bakare and  Wife, Dolapo Osinbajo at the  Traditional Engagement between Oludamilola and Oluseun at the Presidential Villa, Abuja on Thursday.
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Keystone Bank Partners NIPOST, Commissions Agency Banking

Keystone Bank Partners NIPOST, Commissions Agency Banking

Keystone Bank Limited has launched ‘KeyServ’ (An Agency Banking Proposition)to serve customers outside its conventional brick & Mortar mode of banking.   The initiative in partnership with Nigerian Postal Service (NIPOST) and i-OneC (A FinTech Firm) i...
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Kuwait Seals $467m Financing for Eight Tankers, Orders VLCC

Kuwait Seals $467m Financing for Eight Tankers, Orders VLCC

Kuwait Oil Tanker Company (KOTC) has signed  a financing deal with a syndicate of banks worth around USD 467 million (KD 140 million). The financing will be provided by Warba Bank, Ahli United Bank and Kuwait International. The ten-year financing...
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Maritime Aircraft

Maritime Aircraft

President Muhammadu Buhari  with The Crew Of ATR42-500 Maritime Patrol Aircraft, Nigerian Air Force, On Thursday. Photo: Bayo Omoboriowo
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