Information Archives — Page 477 of 485

December 14, 2016 No Responses

Ministers lauds Academy Press N2b investment in modern equipment

The Minister of Information and Culture, Alhaji Lai Mohammed, has lauded the Lagos-based printers Academy Press Plc for showing great confidence in the country’s economy through the investment of N2billion in acquiring modern equipment within one year. The Minister, who...

December 13, 2016 No Responses

Hyundai to build boxships, tankers for Iran

South Korean shipbuilder Hyundai Heavy Industries (HHI) has signed contracts to construct 14,500 TEU container ships and 49,000 dwt product/chemical carriers for Islamic Republic of Iran Shipping Lines (IRISL). The value of the contracts, which were signed in...

December 12, 2016 No Responses

Cocaine found in container carried by Maersk Ship

Mexican authorities have seized some 278 kilograms of cocaine from a container carried by the 63,200 dwt containership Laura Maersk. According to the information provided by the Mexican government, the vessel, operated by Danish shipping giant Maersk, brough...

December 11, 2016 No Responses

FG unveils 10-point agenda for economic growth

The federal government has outlined a 10-point fiscal roadmap to reset the economy to a path of growth. The Minister of Finance, Mrs Kemi Adeosun revealed the outline when she represented Vice President Yemi Osinbajo, at the annual dinner of...

December 7, 2016 No Responses

FirstMobile hits one million users, N1.3trilion transactions

FirstMobile, FirstBank’s mobile banking platform has recorded a milestone in its user numbers with the attainment of 1million active users. The mobile banking platform has also reached N1.3trillion transactions mark in its short period of launch. FirstBank l...

December 5, 2016 No Responses

FG bans importation of vehicles through land borders

Importation of vehicles into Nigeria through the land Borders have been banned by the Federal Government. The prohibition order covers all new and used vehicles. A statement issued by the Nigeria Customs Service (NCS) Public Relations Officer, Mr Wale Adeniy...

December 5, 2016 No Responses

CBN faults alleged unilateral dollar allocation

The Central Bank of Nigeria (CBN) on Sunday denied reports that it allocates dollars unilaterally. CBN Director in charge of Corporate Communications, Mr. Isaac Okoroafor, explained that the CBN had set up an inter-bank foreign exchange market, where anyone wh...

December 5, 2016 No Responses

West Blue Consulting wins best software development company award

West Blue Consulting, a market leader in ICT services and trade solutions, has been adjudged the “Software Development Company of the Year” at this year’s edition of the Nigeria Technology Awards Night, held in Lagos, recently. Also at the ceremony,...

December 2, 2016 No Responses

Nissan unveils new technology, services

Nissan has announced comprehensive strategy to transform the customer aftersales experience through innovative technology and enhanced services. As a result, connected car services and greater choice in accessories and personalization will increasingly dri...

November 27, 2016 No Responses

Fidel Castro for burial December 4

(AFP) Cuba declared nine days of public mourning Saturday for its late revolutionary leader Fidel Castro, and said his ashes will be buried at a ceremony on December 4 in Santiago de Cuba. From November 26 to December 4, “public...

November 27, 2016 No Responses

Investors get N29b from unclaimed dividend in one year

Ongoing campaign by the Securities and Exchange Commission (SEC) for investors to embrace e-dividend mandate has led to the payment of N29 Billion out of N90 Billion unclaimed dividend between November 2015 and this year. Briefing Journalists on the...

November 24, 2016 No Responses

Agric research key to Africa’s transformation, says Sanginga, IITA DG

Integrated systems research approach in agriculture is key to sustainable transformation in Africa, Director-General of the International Institute of Tropical Agriculture (IITA), Dr Nteranya Sanginga has said. According to Sanginga, the benefits include inc...

November 24, 2016 No Responses

GE unveils ‘Garages’ Advanced Manufacturing Programme in Lagos

General Electric (GE) has officially launched the permanent installation of the Lagos Garage, a hub for advanced manufacturing-based innovation, strategy development, idea generation and collaboration. Co-located with the GE Lagos offices in Victoria Island, ...

November 21, 2016 No Responses

NNPC, Shell, Access Bank, First Bank, others sign $2.2b contract deal

As part of measures to facilitate access to finance for Nigerian suppliers in the oil and gas sector, Shell with the backing of the Nigerian National Petroleum Corporation (NNPC) has signed $2.2b Memoranda of Understanding with eight Nigerian banks under...