Information Archives — Page 438 of 466

April 8, 2017 No Responses

Customs generates ₦14.39b at MMA command, gets three commendation letters

By Moses Ebosele – For the first quarter of 2017, Nigeria Customs Service (NCS), Murtala Mohammed Airport (MMA) command generated ₦14.39billion, representing an increase of ₦3.25billion when compared to the first quarter of 2016. The MMA Command had in 2015...

April 8, 2017 No Responses

Osinbajo: Abuja Airport runway will be ready April 19

The Abuja Airport runway will be ready as scheduled on April 19, 2017, the Vice President, Yemi Osinbajo has said. The Vice President spoke with Journalists during an inspection tour of the Airport on Friday. He said:“I have looked round...

April 8, 2017 No Responses

EFCC recovers N500m in Lagos Plaza

The Economic and Financial Crimes Commission (EFCC), Lagos Office, on Friday uncovered N448,850,000 (Four hundred and forty eight million, eight hundred and fifty thousand naira) in a shop at LEGICO Shopping Plaza, Ahmadu Bello Way, Victoria Island, Lagos. ...

April 7, 2017 No Responses

WFE releases third annual sustainability survey

The World Federation of Exchanges (WFE) has released its annual global Environment, Social and Governance (ESG) survey. Now in its third year, the survey aims to capture the nature and extent of WFE engagement with ESG issues, and how this...

April 7, 2017 No Responses

World’s 1st Ship tunnel step closer to construction

Norway’s Stad Ship Tunnel project, also known as the world’s first full-scale ship tunnel, is moving toward construction process. Already, about $173million has been earmarked for the project in the first half of the planning period (2018 – 2029). Th...

April 6, 2017 No Responses

Weststar unveils all-new Mercedes-Benz Accelo

Weststar Associates Limited, Authorized General Distributors of Mercedes-Benz commercial and passenger vehicles in Nigeria has unveiled new medium duty truck for city and short distance operations. According to the company, the all-new Accelo 915C is the first...

April 6, 2017 No Responses

FG clears N54b pension backlog

Concerned about the plight of pensioners who retired under the Contributory Pension Scheme without being paid, the Federal Government has cleared the inherited arrears of accrued pension benefit for the year 2014, 2015 and 2016 by releasing N41.5 billion to...

April 6, 2017 No Responses

‘How criminal gangs use UK ports to defraud EU customs’

By Andrew Hosken (BBC) Systematic failures by UK customs officials have allowed criminal gangs to defraud the European Union of at least £2bn in just four years plus billions more in lost VAT, the EU anti-fraud office OLAF has claimed....

April 5, 2017 No Responses

Buhari: State Govts critical to economic success

President Muhammadu Buhari has challenged State Governments across the country to draw inspiration and strategic direction from Federal Government Plan to articulate their economic programmes, particularly in the development of the real sector. Speaking on Wed...

April 5, 2017 No Responses

Wema Bank reopens Kaduna branch

Wema Bank Plc has reopened its Kaduna branch to provide banking services to individuals and firms with good growth opportunities. According to the Bank, the new branch will offer retail and SME banking, corporate banking, treasury, trade services and financial...

April 5, 2017 No Responses

FG to boost agriculture with $4.5b Chinese loan

Inline with the resolve of the Federal Government to diversify the economy especially through agriculture, President Muhammadu Buhari has authorised the Ministry of Finance, Budget and National Planning and the Central Bank of Nigeria (CBN) to work out technic...

April 5, 2017 No Responses

Obaseki restates commitment to improve education

Governor Godwin Obaseki of Edo State has reiterated his administration’s commitment to improving the standard of education in the state. Obaseki stated this when he received executive members of the Idia College Old Girls Association (ICOGA) at the Edo State...

April 4, 2017 No Responses

Shell to fuel world’s 1st LNG-Powered Aframax Tankers

Russia’s SCF Group (Sovcomflot) has signed an agreement with Shell Western LNG B.V. (Shell) for the supply of liquefied natural gas (LNG) to fuel the first Aframax crude oil tankers in the world to be powered by LNG. Under the...

April 4, 2017 No Responses

African envoys: India attacks on Nigerians ‘racial’

(BBC)—Envoys from African nations in the Indian capital, Delhi, have condemned the handling of recent attacks on Nigerian students in the city. In a statement, the African Heads of Mission said the attacks were “xenophobic and racial”. Indian...