Latest News Archives — Page 8 of 14

February 5, 2020 No Responses

SON Destroys N480m Substandard Mobile Phone Accessories

The Standards Organisation of Nigeria (SON) has destroyed substandard mobile phone accessories worth N480 million. Director-General, Osita Aboloma, made this known at the destruction of the accessories in Epe, Lagos, on Tuesday. Aboloma, represented by Mr Obiora Manafa, Director, Inspectorate,...

February 3, 2020 No Responses

SEC Boss : Private Equity Firms Are Agents of Economic Growth

The Acting Director General of the Securities and Exchange Commission, Ms Mary Uduk, has said that Private Equity (PE) firms are important agents of business and economic growth, as they bring capital to business. Uduk spoke at the Udo Udoma...

January 30, 2020 No Responses

Lagos Issues N100b Bond For Infrastructure Development Bond

The Lagos State Government on Wednesday announced the issuance of N100 billion Series III Bond under its N500 billion bond issuance programme. Speaking at the signing of the bond in Ikeja, Lagos State Governor, Babajide Sanwo-Olu, said that the bond...

January 12, 2020 No Responses

Access Bank Refutes Alleged Arrest OF GMD

Access Bank PLC has refuted the alleged arrest of its Group Managing Director, Mr. Herbert Wigwe by the Economic and Financial Crimes Commission (EFCC). The bank, in a statement signed by Sunday Ekwochi, Company Secretary said the Commission had invited...

January 9, 2020 No Responses

Kano Anti-Graft Agency Recovers N256m, 156 Properties

The Chairman, Kano State Public Complaints and Anti-Corruption Commission, Alhaji Muhyi Magaji, has disclosed that the agency recovered N256.01 million between January and December 2019. Addressing Journalists on Wednesday in Kano, Magaji said the ...

January 8, 2020 No Responses

SON To Prosecute Importers, Manufacturers, Distributors Of Substandard LPG Cylinders

The Standard Organisation of Nigeria (SON) says it will prosecute importers, manufacturers and distributors of substandard Liquefied Petroleum Gas (LPG) cylinders and other products as provided by law. The Director General (DG) SON, Osita Aboloma gave the warn...

January 7, 2020 No Responses

UBA Africa Appoints Alawuba CEO

United Bank for Africa Plc (UBA) on Monday announced the appointment of Oliver Alawuba as Chief Executive Officer of UBA Africa, overseeing UBA’s operations in 20 countries in Africa ex-Nigeria. A statement signed by Group Company Secretary, Bili Odum ...

December 29, 2019 No Responses

Kano Impounds Two Trucks Loaded With Fake Drugs

The Kano State Task Force on Fake and Counterfeit Drugs has impounded two trucks loaded with fake and expired drugs, a statement from the health ministry said on Saturday. The statement signed by Malam Ismail Gwammaja, Public Relations Officer of...

December 21, 2019 No Responses

Jaguar Land Rover Acquires Bowler

Jaguar Land Rover’s special vehicle division has acquired the all-terrain performance specialist Bowler. According to JLR, the development will bring low-volume production techniques and extreme durability. Founded in 1985, the Derbyshire-based veh...

December 19, 2019 No Responses

Mandilas, NNPC Unveil Quick-Service Centre In Abuja

As the count-down begins to next year’s Mandilas’ 70th anniversary of doing business and providing services in Nigeria, the Group has reiterated its commitment to the economy and its teeming customers in all parts of the country. The management has...

December 19, 2019 No Responses

BUHARI SALUTES LEEMON IKPEA AT 63

President Muhammadu Buhari felicitates with oil and gas industry investor, Chief (Dr) Leemon Ikpea, as he turns 63 on December 19, 2018. The President applauds the dint of hard work and grace of God, which brought Chief Ikpea from modest...

December 6, 2019 No Responses

IPO: Saudi Aramco Raises $25.6b

State-owned oil giant Saudi Aramco has raised a record $25.6bn (£19.4bn) in its initial public offering (IPO) in Riyadh. The share sale was the biggest ever, surpassing that of China’s Alibaba which raised $25bn in 2014 in New York. Aramco...

December 3, 2019 No Responses

UAE Pledges To Deepen Bilateral Relations With Nigeria

United Arab Emirates (UAE) has expressed its readiness to deepen economic ties with Nigeria toward promoting investment and trade between both countries. Dr Fahad AL-Taffaq, the United Arab Emirates (UAE) Ambassador to Nigeria, made this known in his add...

December 2, 2019 No Responses

All New JLR Models To Come With SOTA As Standard

All new Jaguar and Land Rover vehicles will come with Software-Over-The-Air update as standard from now on With this, the customers will have the ability to receive future software updates to their vehicles without visiting the dealerships. The JLR customers.....