‘Treat money laundering, financial crimes with zero tolerance’

‘Treat money laundering, financial crimes with zero tolerance’

Treat money laundering, financial crimes with zero tolerance to maintain and sustain economic, financial and political stability, the Vice President Yemi Osinbajo, has said.  Prof. Osinbajo stated this at the opening ceremony of the Inter-Governmental Action Group against Money Laundering in West Africa...
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Navy inducts 1,585 personnel for military operations

Navy inducts 1,585 personnel for military operations

The Nigerian Navy on Saturday inducted 1,585 personnel that would be deployed in counter insurgency and oil theft operations across the country. Chief of Defence Staff, Gen. Gabriel Olonisakin, inducted the troops during the Passing Out Parade of Batch 26th...
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NADDC Ex-Director, Luqman Mamudu floats consulting firm, lauds passage of auto industry bill by national assembly

NADDC Ex-Director, Luqman Mamudu floats consulting firm, lauds passage of auto industry bill by national assembly

By Moses Ebosele, ebosele@hotmail.com –   The immediate past National Automotive Design and Development Council (NADDC) Director in charge of Policy and Planning, Luqman Mamudu has commended the Nigerian Senate for passing the bill on National Automotiv...
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NPA new measures to ease Apapa gridlock begins November 23.

NPA new measures to ease Apapa gridlock begins November 23.

After consultations with major stakeholders, the Nigerian Ports Authority (NPA) on Friday unveiled measures “critical to the effective management of the traffic situation around the Apapa Area of Lagos State.  According to NPA, with effect from November 23,...
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ILO appoints Cynthia Samuel-Olonjuwon as Regional Director for Africa

ILO appoints Cynthia Samuel-Olonjuwon as Regional Director for Africa

The International Labour Organisation (ILO) has appointed a Nigerian, Ms Cynthia Samuel-Olonjuwon as its Assistant Director-General and Regional Director for Africa. Guebray Berhane, the Senior Communication Officer of ILO Regional Office for Africa in Abidjan...
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Obaseki approves N500m for infrastructure projects, to access World Bank’s N2b facility

Obaseki approves N500m for infrastructure projects, to access World Bank’s N2b facility

The Edo State Government has approved N500 million as counterpart funding for the state’s SEEFOR public works programme, which will enable it access N2bn from the World Bank for infrastructural projects in the state.  The Commissioner for Communication and...
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CFAO marks new milestone, commissions FUSO Assembly Plant in Lagos

CFAO marks new milestone, commissions FUSO Assembly Plant in Lagos

By citybusinessnews@yahoo.com –     The CFAO group, with its subsidiary CFAO Equipment, the sole distributor of the FUSO brand in Nigeria, in conjunction with Mitsubishi Fuso Truck and Bus Corporation (MFTBC), one of Asia’s leading commercial vehicle...
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Gwarzo at CIS conference, implores capital market operators on new business environment

Gwarzo at CIS conference, implores capital market operators on new business environment

 The Director General of the Securities and Exchange Commission, Mr. Mounir Gwarzo has challenged capital market participants to constantly adapt to new and rapidly changing economic, regulatory and business environments which will aid them in performing the...
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NSE’s market capitalisation regains N77b

NSE’s market capitalisation regains N77b

The market capitalisation of Nigerian Stock Exchange (NSE)  which opened at N12.673 trillion on Thursday, increased by N77 billion or 0.61 per cent to close at N12.750 trillion due to the listing of rights issue of Unilever and Transnationwide.  ...
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NPA to partner editors on port reforms, improved communications

NPA to partner editors on port reforms, improved communications

The Nigerian Ports Authority (NPA) will partner the Nigerian Guild of Editors with a view to having a stronger communications channel to convey the gains of the current Reforms at the nation’s seaports, Managing Director, Hadiza Bala Usman has said....
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Kia renovates healthcare center

Kia renovates healthcare center

Kia Motors Corporation has formally handed over a healthcare center in the town of Mayuge in eastern Uganda, having funded the build of the facility and its day-to-day management during a start-up phase. The center, which provides much-needed medical support.....
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AAAF empowers widows, orphans, others in Northern Nigeria

AAAF empowers widows, orphans, others in Northern Nigeria

Since the inception of its Northern Nigeria operations few years ago, the Ajoke Ayisat Afolabi Foundation, the philanthropic arm of SIFAX Group, has empowered over 6,000 indigents people, including destitute, widows and orphans.  This was disclosed by the fou...
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CFAO Photo News

CFAO Photo News

Mr Thomas Pelletier, Country Manager, CFAO Nigeria introducing the first Fuso Truck assembled in Lagos during the official commissioning of Fuso Assembly Plant in Lagos on Thursday
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Local govt seeks partnership with NIMASA on Apapa gridlock

Local govt seeks partnership with NIMASA on Apapa gridlock

In a bid to find a lasting solution to the Apapa gridlock, the Apapa Local Government Chairman, Honourable Adele Owolabi has sought partnership with the Nigerian Maritime Administration and Safety Agency (NIMASA) in order to restore sanity to the Apapa...
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