Information Archives — Page 430 of 478

June 16, 2017 No Responses

Group faults detention of support vessel’s crew

Maritime trade union Nautilus International has voiced its concern over the treatment of the crew of an offshore support vessel detained in the port of Soyo, Angola. Namely, the seafarers of the Vanuatu-flagged vessel Sutton Tide, have been accused of...

June 16, 2017 No Responses

‘FG will continue to fight illicit trafficking in Cultural Property’

The Minister of Information and Culture, Alhaji Lai Mohammed, has promised that the Federal Government will continue to fight against the illicit trafficking in Cultural Property. Declaring open an exhibition of repatriated Nigerian artefacts in Lagos on Thu...

June 16, 2017 No Responses

NSE Photo News

L – R Dr Remi Oni, Executive Director, Corporate Banking, First Bank Limited; Oscar N. Onyema, OON, Chief Executive Officer, The Nigerian Stock Exchange (NSE); Urum Kalu Eke, MFR, Group Managing Director, FBNHoldings; Tijjani Borodo, Company Secretary, FBN...

June 15, 2017 No Responses

Citibank: Nigerian economy on slow path to recovery

Following a difficult two years, there are now signs that the Nigerian economy is starting the slow path to recovery, Citibank Africa Economist, Mr David Cowan has said Speaking at a Direct Custody and Clearing (DCC) seminar, Cowan said...

June 15, 2017 No Responses

Customs impounds Range Rover, Toyota Prado SUVs, others over alleged non-payment of duty

The Nigeria Customs Service (NCS), Federal Operations Unit (FOU) Owerri has impounded 2016 Range Rover with duty paid value of N28,049,645. Other vehicles seized by the Zone under the leadership of the new Comptroller, Amajam Bukar Alhaji includes 2010...

June 15, 2017 No Responses

Newspaper advertising drops further as digital space generates more resources than TV globally

Newspapers across the world are sustaining slidding profile due to growing influence of the digital space. While newspaper circulation revenue has been on a downward trajectory since 2015, publishers have had the useful lever of cover price rises to...

June 15, 2017 No Responses

‘Egina FPSO will enhance NIMASA’s safety regulatory capacity’

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr Dakuku Peterside has said the on-going construction of the multi-billion dollar Egina Floating Production Storage and Offloading (FPSO) project will increase the knowle...

June 15, 2017 No Responses

Customs FOU apprehends 10 suspects, records 152 seizures

The Nigeria Customs Service (NCS), Federal Operations Unit (FOU) Zone ‘A’, Ikeja, Lagos has has recorded 152 seizures with a Duty Paid Value of N334,042,396. Briefing Journalists in Lagos on Wednesday, Customs Area Controller of the Command, Uba ...

June 15, 2017 No Responses

NSE Photo News

L – R: Gilles Kolifrath, Partner, Kramer Levin Naftalis & Frankel, ISDA Member; Irene Robinson-Ayanwale, Head, Legal Department, The Nigerian Stock Exchange (NSE); Marilyn Ramplin, Founder, Novia One Group, incorporating Hedge Fund Academy and Ade Bajo...

June 14, 2017 No Responses

PwC Report: Nigeria to emerge world’s fastest-growing entertainment, media market in five years

The most rapid growth rates in Entertaiment and Media (E&M) revenues over the coming five years will be in less-developed markets and economies, where entertainment and media spending on a per capita basis is generally quite low, PwC’s Global entertainme...

June 14, 2017 No Responses

UBA’s $500M Eurobond oversubscribed 240% by global investors

United Bank for Africa Plc (UBA) successfully raised $500 million, though a debut Eurobond, which was 240% over-subscribed. According to UBA, the significant investor demand reflects the strong global investor appetite for UBA’s credit and support fo...

June 14, 2017 No Responses

FRSC rescues 401,454 in six years, depoys 1,201 Breathalyzers

By Moses Ebosele (ebosele@hotmail.com) – Between 2011 and 2016, the Federal Road Safety Corps (FRSC) rescued alive not less than 401,454 Nigerians from crash scenes across the country. Speaking at the just concluded 2017 Nigeria Auto Journalist...

June 14, 2017 No Responses

Edo begins negotiation with representatives of Toyota, Yamaha, Mitsubishi, others

Edo State Governor, Mr Godwin Obaseki, on Monday, met with executives representing Mitsubishi, Sojitz, Toyota, Sumitomo, Yamaha, Yokogawa, Panasonic and the Japanese Trade Organisation (JETRO) to plan potential investments in Edo state and assure them of avai...

June 14, 2017 No Responses

Rullion Capacity Builders holds Women Entrepreneurial Fair 2017 in Lagos

Rullion Capacity Builders Foundation, a non-profit organization, in furtherance of her vision to empower women and young people with the skills to own their own businesses will host a shopping fair on Monday, 26th of June, 2017 by 12 noon...