Total stakes $7.5billion for Maersk Oil Business

Total stakes $7.5billion for Maersk Oil Business

Danish transport and energy conglomerate, A.P. Møller – Mærsk A/S has signed an agreement to sell Maersk Oil to Total S.A  for $7.45 billion in a combined share and debt transaction.   As explained by Maersk, the separation of the energy...
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LCCI, SME Group to hold annual seminar on ease of doing business

LCCI, SME Group to hold annual seminar on ease of doing business

The Small and Medium Enterprise (SME) Group of the Lagos Chamber of Commerce and Industry (LCCI), the premier Chamber of Commerce and a leading voice in the organized private sector (OPS) in Nigeria, is set to hold its annual seminar....
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IITA-CWMP signs agreements with 136 farmers

IITA-CWMP signs agreements with 136 farmers

The International Institute of Tropical Agriculture led Cassava Weed Management Project (IITA-CWMP) has commenced signing of agreements for the setting up of 136 demonstration plots with farmers across four states in Nigeria.   The  for states are Abia, Ben...
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Obaseki inaugurates 11-Man Committee to set up Edo Sports Commission

Obaseki inaugurates 11-Man Committee to set up Edo Sports Commission

The Governor of Edo State, Mr. Godwin Obaseki, has inaugurated an 11-man committee to assist with the modalities for setting up a sports commission that will help the state reclaim her top position in sports in the country.     Inaugurating...
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CMA CGM to build world’s largest boxships

CMA CGM to build world’s largest boxships

French liner major CMA CGM has reportedly signed a letter of intent (LOI) with two Chinese yards on the construction of up to nine 22,000 TEU megaships.   Specifically, in line with the LOI, CSSC Hudong-Zhonghua would be in charge of...
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Photo News

Photo News

R-L: Mr. Muyiwa Akande, Corporate Affairs Manager, SIFAX GROUP; Mr. Fela Ibidapo, Group Head, Corporate Communications, Heritage Bank Plc; Mrs. Marvis Marshal-Idio, winner of The Next Titan Season-3; Executive Producer of the Next Titan, Mr. Mide Kunle-Akinlaj...
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NISA lauds new cabotage compliance strategy

NISA lauds new cabotage compliance strategy

The recent moves by the Nigerian Maritime Administration and Safety Agency (NIMASA) to ensure full implementation of the Cabotage Act, 2003 through the New Cabotage Compliance Strategy (NCCS) has continued to receive commendation from Stakeholders.   This is ...
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Buhari’s Return: A Nation’s Hope Fulfilled, Says Tinubu

Buhari’s Return: A Nation’s Hope Fulfilled, Says Tinubu

All Progressives Congress national stalwart, Asiwaju Bola Ahmed Tinubu, has expressed joy at the return of President Muhammadu Buhari to the country after his medical vacation in the United Kingdom, saying the president’s return is a nation’s hope fulfille...
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Resumption: Senate bars PenCom, CBB, ICPC bosses

Resumption: Senate bars PenCom, CBB, ICPC bosses

THE Senate has warned nominees into the leadership position of three Federal Government institutions whose names were recently announced not to resume until their nominations are confirmed in accordance with the provision of the Constitution. The nominees affe...
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Prosecutors recommend three years in prison for VW engineer

Prosecutors recommend three years in prison for VW engineer

Federal prosecutors in the United States  on Friday recommended a three-year prison sentence for Volkswagen AG engineer James Liang for his role in a diesel emissions scandal that has cost the German automaker as much as $25 billion. Liang, who...
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150 traders benefit from Taiwo Afolabi Free Health scheme

150 traders benefit from Taiwo Afolabi Free Health scheme

Over 150 traders at the popular Gbagi market in Ibadan have enjoyed free medical and dental care at the community health outreach sponsored by SIFAX Group in the market.   Taiwo Afolabi Community Dental Outreach, which is organised by the...
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FG begins audit of banks’ remittances to CBN

FG begins audit of banks’ remittances to CBN

The Federal Government has commenced audit of remittances of its funds into the Treasury Single Account (TSA) by Deposit Money Banks.    Speaking in Abuja at a two-day workshop for finance journalists on the TSA and other public financial management...
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Maersk CEO: For now, no reason to order new megaships

Maersk CEO: For now, no reason to order new megaships

There is no incentive to order new ultra large containerships from a cost perspective right now, despite extremely low prices of newbuilding tonnage, Chief Executive Officer of A.P. Møller – Mærsk A/S,Søren Skou has said   As highlighted by Skou, five ...
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Aisha Buhari condoles with Sierra Leone over landslide

Aisha Buhari condoles with Sierra Leone over landslide

Wife of the President, Mrs. Aisha Muhammadu Buhari has extended a message of condolence to the government and people of Sierra Leone over the disaster caused by a landslide in the Regent region of the country. The message was conveyed...
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