SEC: Investors to forfeit multiple subscription to public offers

SEC: Investors to forfeit multiple subscription to public offers

Investors in the Nigerian Capital Market with multiple subscriptions for the same public offer may forfeit their investment. The Securities and Exchange Commission at its last Capital Market Committee meeting (CMC) has approved the report of a market wide committee...
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Group to Osinbajo: Intervene in NPA, INTELS face-off to save 20,000 jobs

Group to Osinbajo: Intervene in NPA, INTELS face-off to save 20,000 jobs

The Nigerian Importers Integrity Association (NIIA) has said that no fewer than 20,000 jobs in the Niger Delta region could be lost as a result of the face-off between Nigerian Ports Authority (NPA) and oil and gas logistics giant, INTELS...
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ExxonMobil, others to develop LNG as marine fuel

ExxonMobil, others to develop LNG as marine fuel

ExxonMobil, Eagle LNG Partners and Crowley have signed an agreement to collaborate on the development of LNG as a marine fuel. The companies said that the goal of the collaboration is to establish the storage and technical support necessary to...
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Nigeria restates commitment to Digital Switch Over in broadcasting

Nigeria restates commitment to Digital Switch Over in broadcasting

The Federal Government has announced its readiness to roll out the Digital Switch Over (DSO) in broadcasting in all the six geo-political zones in the country in the next few weeks, as a practical demonstration of its commitment to the DSO project....
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NIMASA DG reiterates support for Nigerian seafarers

NIMASA DG reiterates support for Nigerian seafarers

The Nigerian Maritime Administration and Safety Agency, (NIMASA) has joined the rest of the world in commemorating the International Day of the Seafarer with the Director General, Dr. Dakuku Peterside averring that there can be no maritime sector without the.....
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Drewry: West African Port Projects in Uncertain Waters

Drewry: West African Port Projects in Uncertain Waters

Most West African port projects are in uncertain waters amid a change in the location and nature of transhipment hubs serving the region’s port market, according to shipping consultancy Drewry. In the long run, major new port projects “will make...
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‘How to tackle unemployment in Africa through Agriculture’

‘How to tackle unemployment in Africa through Agriculture’

Developing creative messages/methods that would attract young people to agriculture could help Africa to attract youth to agriculture and end the rising unemployment in the continent, Deputy Director General, Partnership for Delivery, International Institute o...
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Eid-el-fitri: Buhari preaches unity, peace

Eid-el-fitri: Buhari preaches unity, peace

President Muhammadu Buhari has advised Nigerian Muslims and Christians to live in peace and avoid making reckless statements. In his Eid-el-Fitr message, issued by Garba Shehu, Senior Special Assistant, Media and Publicity to Buhari, Buhari said  “I, ag...
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Edo Govt to create Ministry of Mining

Edo Govt to create Ministry of Mining

Edo State Government is to establish a Ministry of Mining as part of measures to fast-track the development of mining activities in the state.   According to the Governor, Godwin Obaseki, the state was yet to take full advantage of...
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Osinbajo conderms hate speeches

Osinbajo conderms hate speeches

Most ethnic agitations and hate speeches are centered around getting a larger share of the national cake and appointments by the elites, Acting President Yemi Osinbajo has said.   Speaking at the graduation ceremony of Senior Course 39 of the...
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Nigeria, Ghana to sign MoU on cabotage implementation, enforcement processes, others

Nigeria, Ghana to sign MoU on cabotage implementation, enforcement processes, others

In continuation of its quest to make Africa compete favourably with other maritime nations in the world, the Federal Government through the Nigerian Maritime Administration and Safety Agency (NIMASA) is set to provide support to the Ghana Maritime Authority (G...
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Osinbajo implores NCP on ‘creative out-of-the box solutions’ for privatisation, commercialisation challenges

Osinbajo implores NCP on ‘creative out-of-the box solutions’ for privatisation, commercialisation challenges

The Acting President, Prof Yemi Osinbajo has challenged the National Council on Privatisation (NCP) to come up with ‘creative out-of-the box solutions for addressing the numerous challenges facing the privatisation and commercialisation programme such as non...
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UK offers EU Citizens post Brexit status

UK offers EU Citizens post Brexit status

European Union  citizens legally resident in the UK should have the same rights as British citizens after Brexit, the UK prime minister has told EU leaders. “No-one will face a cliff edge,” Theresa May said at a Brussels summit. A...
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BPE to Lead Capital: Conclude equity investment in NCX within 60 days

BPE to Lead Capital: Conclude equity investment in NCX within 60 days

The Director-General of the Bureau of Public Enterprises (BPE), Mr. Alex A. Okoh, has given Lead Capital Consortium a deadline of 60 calendar days to conclude the strategic equity investment by the National Sovereign Investment Authority (NSIA) into the Nigeri...
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