Nigerian Breweries targets 60 per cent local raw materials before 2020

Nigerian Breweries targets 60 per cent local raw materials before 2020

As part of measures to sustain growth and ensure profitability for all stakeholders, Nigerian Breweries Plc is to attain 60 per cent sourcing of its raw materials before the year 2020.   Briefing Journalists on Tuesday in Lagos on the...
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Cosco Shipping Ports’ profit down as volumes rise

Cosco Shipping Ports’ profit down as volumes rise

China-based Cosco Shipping Ports Limited has seen its profit from continuing operation for the three months ended March 31, 2017 reach USD 45.2 million, slightly down from USD 48.3 million reported in the same period a year earlier. The terminal operator als...
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NLNG calls for intensified Malaria research

NLNG calls for intensified Malaria research

Nigeria LNG Limited (NLNG) today called for increased efforts by scientists to fight Malaria and permanently rid the country of the disease before the World Health Assembly’s target date of 2030.  Speaking on Tuesday while commemorating World Malaria Day wi...
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UBA powers music, business masterclass facilitated by Berklee College of music

UBA powers music, business masterclass facilitated by Berklee College of music

The countdown has begun to the most anticipated and insightful learning experience at the Runway Jazz 2017 Music and Business Masterclass, taking place on April 29, 2017 in the Grand Ballroom of Eko Hotels & Suites, Lagos, Nigeria.  The Masterclass is a...
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NPA Photo News

NPA Photo News

The Managing Director, Nigerian Ports Authority (NPA), Hadiza Bala Usman (left),explaining a point of interest to the Honourable Minister of Transportation, Rt. Hon. Rotimi C. Amaechi, and Chief of Naval Staff, Vice Admiral Ibok Ekwe Ibas at the Association of...
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NSE Photo News

NSE Photo News

L – R: Professor Mashood Baderin, Head, School of Law, SOAS University of London; Oscar N. Onyema, OON, Chief Executive Officer, The Nigerian Stock Exchange (NSE); Baroness Valerie Amos, Director, SOAS University of London; HE Mrs. Toyin Saraki, Wife, Senate...
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Lagos generates N436b IGR in 2016

Lagos generates N436b IGR in 2016

For the year 2016, the Lagos State Government generated N312.820billion Internally Generated Revenue (IGR). Speaking during an interactive session with Journalists on Monday, Commissioner for Finance, Mr. Akinyemi Ashade,explained that the new IGR, represented...
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NIMASA renews MOU with the Navy

NIMASA renews MOU with the Navy

In line with its mandate to ensure safety and security in the Nigerian territorial waters, the Nigerian Maritime Administration and Safety Agency (NIMASA) and the Nigerian Navy have renewed the existing Memorandum of Understanding (MoU) to protect and secure o...
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Norway becomes 1st state to ratify HNS Convention

Norway becomes 1st state to ratify HNS Convention

 Norway has become the first country to ratify a compensation treaty covering the transport of hazardous and noxious substances (HNS) by ship. The International Convention on Liability and Compensation for Damage in Connection with the Carriage of Hazardous ...
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Presidency restores Punch Correspondent’s accreditation

Presidency restores Punch Correspondent’s accreditation

The Presidency through the  Director General of the Department of State Services (DSS), Lawal Daura, has recalled Punch Correspondent at the presidential Villa, Mr olalekan Adetayo whose accreditation was revoked on Monday. Presidential spokesman Mr. Femi Ade...
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FRSC recalls ‘drunk officials ’ for disciplinary action

FRSC recalls ‘drunk officials ’ for disciplinary action

The Federal Road Safety Corps (FRSC) has recalled some of its operatives in Nteje Unit Command under the Anambra State Sector Command for disciplinary action.   A statement issued on Monday by FRSC’s Head, Media Relations and Strategy, Bisi Kazeem...
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BPE boss pledges to step up post-privatization monitoring activities

BPE boss pledges to step up post-privatization monitoring activities

 The new Director-General of the Bureau of Public Enterprises (BPE), Mr. Alex Okoh has formally resumed  at the Bureau in Abuja  with a pledge to ensure that privatized enterprises in the country give services to the generality of Nigerians.  ...
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Daewoo Shipbuilding seeks court approval for debt rescheduling

Daewoo Shipbuilding seeks court approval for debt rescheduling

After collecting the necessary consents for its rescue plan, the financially troubled shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) filed for a court approval for debt rescheduling on April 20, Yonhap News Agency said. An approval from the...
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Edo govt donates N1m to quintuplets’ family

Edo govt donates N1m to quintuplets’ family

Edo State Governor, Mr Godwin Obaseki has paid a surprise visit to the Uduehi family, which recently gave birth to a set of quintuplets at the National Hospital in Abuja.   Uduehi, who hails from Ekpoma in Esan West Local...
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