Latest News Archives — Page 10 of 14

June 18, 2019 No Responses

Activities Kick Off At Edo Production Centre

As business activities officially kick off at the Edo Production Centre, the Bank of Industry (BOI), Benin Chamber of Commerce, Industry, Mines and Agriculture (BENCCIMA) and other stakeholders have applauded the Governor Godwin Obaseki-driven initiative which has set the tune...

June 7, 2019 No Responses

NBC Shuts Down AIT, RAY POWER

The Nigeria Broadcasting Commission (NBC) has suspended the license of Daar Communication Plc, promoter of AIT, RAY POWER until further notice. The Director-General of NBC, Modibbo Kawu announced the shutdown on Thursday. He attributed the action to alleged fa...

June 6, 2019 No Responses

Obaseki, Okowa Meet On Bendel Development Commission

The Edo State Governor, Mr. Godwin Obaseki, and his Delta State counterpart, Dr. Ifeanyi Okowa, are putting finishing touches to the establishment of Bendel Development Commission, a joint body to aggregate and drive economic development efforts in the two sta...

May 24, 2019 No Responses

Ngige, Sunmonu, Others Join Air Peace Board

Renowned lawyer, Chief Emeka Ngige (SAN), former Managing Director of Shell Petroleum Development Company, Mr. Mutiu Sunmonu, former acting Director General of the Nigerian Civil Aviation Authority, Mr. Benedict Adeyileka and other new directors of Air Peace h...

May 23, 2019 No Responses

Michelin Unveils New Technology Tyres

French Tyre maker, Michelin has launched Primacy 4ST tyres designed primarily for wet conditions. Developed on Evergrip Technology, the new tyre comes with more than 50 per cent of additional grooves to evacuate more water (when new...

May 18, 2019 No Responses

MTN, First Bank, Access Bank, UBA, GTBank, Others Seal N200b Loan Deal

MTN Nigeria Communications Plc on Friday signed a seven-year 200 billion naira medium term facility with a consortium of seven mostly local banks. The company stated this in a statement by its Company Secretary, Uto Ukpanah, to the Nigerian Stock...

May 18, 2019 No Responses

Michelin Acquires Masternaut

French tyre maker Michelin has agreed to buy telematics company Masternaut for an undisclosed amount, in a deal Michelin said would increase its presence in the field of customer services. According to Reuters, Masternaut manages over 220,0...

May 17, 2019 No Responses

Nissan Records 45 Per Cent Drop In Profit

For last fiscal year, Nissan profit dropped below that of French partner Renault for the first time in a decade. Nissan’s operating profit sank 45% to 318.2 billion yen ($2.91 billion) for the year ended in March, earnings released show...

May 6, 2019 No Responses

SEC Nigeria Photo News

L-R: Board Member, Financial Reporting Council (FRC) of Nigeria, Mr Adewale Owolo, Member, FRC, Alh Ahmed Rabiu, Executive Secretary FRC, Mr Daniel Asapokhai, Acting Director General, Secu...

April 26, 2019 No Responses

Microsoft Hits $1trillion Market Value

Microsoft has seen its stock market value top $1 trillion (£774bn) after reporting better-than-expected sales and profits. The US software giant passed the mark briefly on Thursday, before its share price fell back. It makes it one of only three...

April 24, 2019 No Responses

SEC Nigeria, Pencom Collaborate On Financial Literacy

The Securities and Exchange Commission (SEC) and the National Pensions Commission (Pencom) have agreed to work together to ensure more Nigerians are brought into the financial literacy net. The resolution was reached at a meeting between the Technical Co...

April 21, 2019 No Responses

‘Muhammadu Buhari University’ Underway

Wife of the President, Aisha Buhari has expressed her plan to establish a private university to be known as “Muhammadu Buhari University”. She disclosed this on Saturday during a town hall meeting in Yola organised by her in collaboration with...

April 20, 2019 No Responses

Ford Ranger To Attain $1b Profit

Ford Motor Co’s shift in production at a Michigan plant to trucks from less profitable cars will lead to a more than $1 billion improvement in operating earnings, an official has said. According to the company, the proposed increase in earnings...

April 19, 2019 No Responses

NPA Photo News

The Nigerian Ports Authority (NPA) received an appreciation award for her outstanding contribution towards the success of the Freedom Online 2nd Annual Lecture in Lagos, on Thursday: L-R: Special Adviser To the President, Femi Adesina presenting the plaque of ...