Minister Archives — Page 141 of 173

May 7, 2017 No Responses

TCN to invest $200m in power supply

The Ogun State Government and Transmission Company Of Nigeria (TCN) have concluded plans to construct a $200million facility in Ogun as part of measures to boost power supply. According to the Managing Director of TCN, Mr Usman Mohammed, the project,...

May 7, 2017 No Responses

Buhari to receive freed 82 Chibok girls

Boko Haram group have released 82 schoolgirls from a group of 276 they abducted in north-eastern Nigeria three years ago, the president’s office says. They were handed over in exchange for Boko Haram suspects after negotiations. The girls will be...

May 6, 2017 No Responses

‘MoU between NCAC, BoI to create 200,000 Jobs’

The Minister of Information and Culture, Alhaji Lai Mohammed, has said the Memorandum of Understanding (MoU) between the National Council for Arts and Culture (NCAC) and the Bank of Industry (BoI), which makes available 300 million Naira loan for stakeholde...

May 5, 2017 No Responses

Shippers Council unveils agenda for Truck Transit Park, Container Depot in Edo

Edo State Governor, Mr. Godwin Obaseki has indicated his administration’s readiness to support the Nigeria Shippers Council (NSC) to establish an Inland Container Depot and a Truck Transit Terminal, which would facilitate diversity in economic activities. ...

May 5, 2017 No Responses

SEC appoints interim Board for Ikeja Hotels

The Securities and Exchange Commission (SEC) has announced the dissolution of the board of Ikeja Hotels Plc due to unresolved internal crisis involving some majority shareholders of Ikeja Hotels Plc The Commission said this proactive measure has become neces...

May 5, 2017 No Responses

Critical role of Seaports in economic development, by NPA boss

The strategic role of ports in economic development is that they function as gateways to international trade and are regarded as major accelerators of local economic development, the Managing Director of Nigerian Port Authority (NPA), Hadiza Bala Usman has sai...

May 4, 2017 No Responses

NPA deploys $30m tug boats, reiterates commitment to operational efficiency

Citing need for greater operational efficiency at the nation’s Seaports, the Nigerian Ports Authority (NPA) on Wednesday in Lagos commissioned four new tug boats valued at $30 million. Christened Mt. Daura, Mt. Ubima, Mt. Uromi and Mt. Majiya, the...

May 4, 2017 No Responses

Presco emerges winner of CSR award

Presco Plc has emerged winner of Corporate Social Responsibility (CSR) agriculture award for the year 2016 and 2017. At a colourful ceremony held on Wednesday in Lagos, Presco Plc was announced winner ahead of other nominees such as British...

May 3, 2017 No Responses

CBN sanctions First Bank, GTB, others over alleged forex infractions

The Central Bank of Nigeria (CBN) on Tuesday barred 15 commercial banks from dealing in foreign exchange through the recently created Small and Medium Enterprises (SMEs) wholesale forex window. According to the CBN, the decision which is with immediate effec...

May 3, 2017 No Responses

NECA explains inability to pay national minimum wage

Nigeria Employers’ Consultative Association (NECA) has urged Stakeholders in the Socio-labour community and players in the Nigerian Industrial Relations’ System to be circumspect in their approach to the heated issue on the review of the National M...

May 3, 2017 No Responses

2,000 seafarers affected by Piracy in West Africa in 2016, says report

There was a 57 percent rise in the number of seafarers affected by piracy in West Africa in 2016, a report on the state of maritime piracy released by the Oceans Beyond Piracy (OBP) programme has indicated. Last year’s rise in...

May 3, 2017 No Responses

WestBlue boss, Valentina Mintah wins CEO of the year award

Foremost Internationally acclaimed IT and Trade Development Consultant, Ms. Valentina Mintah, has been crowned as Business and ICT Consulting CEO of the Year at the 7th Ghana Entrepreneur & Corporate Executive Awards tagged Ghana @ 60 Edition held in Accra...

May 3, 2017 No Responses

NSE Photo News

L – R: Tony Ibeziako, Head, Domestic Primary Markets, The Nigerian Stock Exchange (NSE); Haruna Jalo-Waziri, Executive Director, Capital Markets Division, NSE; Engr. Abdullahi Sule, Ag. Group Managing Director, Dangote Sugar Plc and Bennedikter Molokwu, Non-...

May 2, 2017 No Responses

Nigeria LNG exports landmark 4000th cargo

Nigeria LNG Limited (NLNG) on Monday, May 1st, 2017 reached another major milestone with the exportation of its 4000th cargo of Liquefied Natural Gas (LNG) from its Bonny Island Terminal in Rivers State to Mamara LNG Terminal in Turkey, which...