Wakanow founder emerges travel man of the year

Wakanow founder emerges travel man of the year

Founder and Group Managing Director of Wakanow, Mr. Obinna Ekezie has been named Travel Man of the Year at the 2016 ATQ Travel Personality awards scheduled to hold in March this year.   Organized by African Travel Quarterly, a member...
read more
How Africa can benefit from $12tri global economic development target, by LADOL, world business leaders

How Africa can benefit from $12tri global economic development target, by LADOL, world business leaders

The Lagos Deep Offshore Logistics base (LADOL) has joined notable world business promoters in mapping out strategies to actualize how Africa could effectively reap a whopping $1 trillion from a projected $12 trillion new market value in an emerging global...
read more
Dangote Cement export 0.4million tons, generates ₦615.1 billion in 2016

Dangote Cement export 0.4million tons, generates ₦615.1 billion in 2016

For the year 2016, Dangote Cement Plc exported 0.4 million tons of Cement to other countries and generated N615.1Billion revenue. Presenting its 2016 full year audited results on the floor of the Nigerian Stock Exchange (NSE) in Lagos on Tuesday,...
read more
Osinbajo tasks SON, NAFDAC, others on regulatory approvals within time limits

Osinbajo tasks SON, NAFDAC, others on regulatory approvals within time limits

It is the role of government’s regulatory agencies to act as catalysts of beneficial change and to take responsibility for facilitating businesses in the country, the Acting President,  Yemi Osinbajo has said. “We must see ourselves as agents of some...
read more
Dangote seeks unhindered movement for trucks with perishable items, special seaport for export

Dangote seeks unhindered movement for trucks with perishable items, special seaport for export

By Moses Ebosele –     The Vice President of Dangote Group, Alhaji Sani Dangote on Monday in Lagos implored relevant Government agencies within and outside the Seaports to facilitate unhindered movement for all trucks conveying perishable items. Speak...
read more
FG flags off presidential initiative on fertilizer, targets 100,000 jobs

FG flags off presidential initiative on fertilizer, targets 100,000 jobs

The Presidential Fertilizer Initiative of the Federal Government  produced  more than 4,000 metric tonnes of locally-blended fertilizer in the first week of operation.  The Initiative was approved by President Muhammadu Buhari in December 2016, to achieve t...
read more
2016: Zenith Bank declares N129.65b profit, reward shareholders with N1.77 dividend

2016: Zenith Bank declares N129.65b profit, reward shareholders with N1.77 dividend

For the year ended December 31, 2016, Zenith International Bank Plc has declared a profit after tax of N129.65 billion and a final dividend of N1.77 per share  This is contained in the company’s audited report released by the Nigerian...
read more
COSCO posts $695m loss in 2016, records 22.6 % drop in shipping, others

COSCO posts $695m loss in 2016, records 22.6 % drop in shipping, others

(WMN) COSCO Corporation (Singapore) Limited, a shipbuilding, marine engineering and dry bulk shipping group, saw a net loss of SGD 976.1 million (USD 695.5 million) in 2016, against a net loss of SGD 914.8 million (USD 651.8 million) recorded in 2015,...
read more
First Bank Photo News

First Bank Photo News

L-R: Aliyu Toro, Chief Superintendent of Customs; Adesola Adeduntan, MD/CEO First Bank of Nigeria Limited and Subsidiaries; Bayo Adeniji, Director, First Street Limited; and  Gbenga Shobo, Deputy Managing Director, First Bank of Nigeria Limited at the FirstLo...
read more
Nigeria to host 32 countries on future of maritime in Africa

Nigeria to host 32 countries on future of maritime in Africa

Come April 19th-21, 2017, Nigeria would be hosting the 3rd Conference of the Association of Heads of African Maritime Administrations (AAMA Conference) in Abuja, at the Transcorp Hilton Hotel. The meeting which will be hosted by the Nigerian Maritime Administr...
read more
SEC Seals Yuan Dong over ‘illegal activities’

SEC Seals Yuan Dong over ‘illegal activities’

Citing need to protect investors and ensure that illegal operators are not allowed to operate in Nigeria’s capital market, the Securities and Exchange Commission, Nigeria (SEC) has sealed up the premises of Yuan Dong (YDEC). According to a statement by.....
read more
FG recalls two sacked NCAA directors

FG recalls two sacked NCAA directors

The federal government has recalled two out of the nine directors who were sacked from the Nigerian Civil Aviation Authority (NCAA) on Friday. The duo are Adamu Abdullahi, Director of Consumer Protection, and Ayodele Sasegbon, Director of general aviation. Sam...
read more
Dogara lauds Oslo Summit on Food Crisis in North East

Dogara lauds Oslo Summit on Food Crisis in North East

Speaker of the House of Representatives Yakubu Dogara, has commended the convening of World leaders in Oslo, Norway, “which saw donors pledging $672 to tackle food crisis in the north east for the next three years”. In a statement issued...
read more
VW’s profit boost clouded by $6.8b diesel-crisis charge

VW’s profit boost clouded by $6.8b diesel-crisis charge

By Christoph Rauwald (Bloomberg) and Reuters –  Volkswagen Group’s provisions for its diesel-cheating scandal increased by 6.4 billion euros ($6.8 billion) last year, as the automaker continued to tally the damages from the worst business crisis i...
read more