At WFE, NGX Group Harps On Technology Revamp, Listing Rules Review

At WFE, NGX Group Harps On Technology Revamp, Listing Rules Review

The Group Managing Director and Chief Executive Officer, Nigerian Exchange Group Plc, Temi Popoola has highlighted various plans by the exchange group to revamp its technology infrastructure, attract listings, enhance retail investors participation and foreign capital inflows.  Popoola stated this...
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Nigeria-Morrocco Gas Pipeline: FG, Morocco To Intensify Project

Nigeria-Morrocco Gas Pipeline: FG, Morocco To Intensify Project

In a bid to fast-track the process of achieving the Final Investment Decision (FID) on the Nigeria-Morocco Gas Pipeline, the Federal Government has intensified discussions with the Kingdom of Morocco.  The discussion which was held on the sidelines of a...
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FIRS Targets N19tri In 2024, Attains N12tri In 2023

FIRS Targets N19tri In 2024, Attains N12tri In 2023

For the year 2023, the Federal Inland Revenue Service (FIRS), collected N12.374 trillion as tax revenue, surpassing the year’s target of N10.7 trillion. The Chairman of FIRS, Zacch Adedeji disclosed this at the opening of a two-day strategic management ...
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Lekki Seaport To Receive First LNG-Powered Boxship January 28

Lekki Seaport To Receive First LNG-Powered Boxship January 28

CMA CGM Scandola, the first LNG-powered containership of the French shipping company, CMA CGM is scheduled to arrive Lekki Seaport, Lagos, Nigeria, January 28, 2024. Before reaching Lekki, the vessel is scheduled to first call the port of Tema, Ghana...
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Edo Seals 108 Unregistered Health Facilities

Edo Seals 108 Unregistered Health Facilities

The Edo State Government has stepped up regulation of the State’s health sector, sealing off over 108 unregistered health facilities for various unsafe medical practices and failing several quality assurance checks, thereby endangering the lives of millions ...
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FG, States, LGs Share N1.1trillion 

FG, States, LGs Share N1.1trillion 

The Federation Account Allocation Committee (FAAC) has shared a total of N1.1 trillion December 2023 allocation to the Federal Government, States and Local Government councils. This was contained in a communiqué issued at the end of the Federation Account All...
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Expert Tasks FG On Listings, Tax Revenue

Expert Tasks FG On Listings, Tax Revenue

The Managing Director/Chief Executive of Arthur Steven Asset Management Limited, Mr Olatunde Amolegbe, has called on the Federal Government to encourage listings on the nation’s bourse as part of measures to boost capital market participation and tax rev...
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SIFAX Boss Lauds Gerar University On Infrastructure, Donates Bus

SIFAX Boss Lauds Gerar University On Infrastructure, Donates Bus

SIFAX Group Chairman and the newly-appointed Chancellor of the Gerar University of Medical Sciences, Imope-Ijebu, Ogun State, Dr. Taiwo Afolabi, has commended the university for the quality of infrastructure at the institution’s campus.   Afolabi, who w...
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BYD Takes Delivery Of First Car Carrier

BYD Takes Delivery Of First Car Carrier

BYD, a China-based electric vehicle (EV) manufacturer that overtook Tesla as the world’s biggest EV seller in 2023, has taken delivery of its first car carrier which is dual-fueled. The maiden voyage ceremony for BYD Explorer No.1, the 7,000 CEU...
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Electric Mini Cabs Debuts In Lagos

Electric Mini Cabs Debuts In Lagos

The Ikoyi Obalende Local Council Development Area (LCDA) in Lagos State, has announced plans to roll out 200 electric mini cabs as part of the council’s empowerment programme for 2024. Briefing Journalists, Chairman of the Council, Fuad Atanda-Lawal explaine...
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CBN To Hold First MPC Meeting Under Cardoso

CBN To Hold First MPC Meeting Under Cardoso

The Central Bank of Nigeria (CBN) is to hold its first Monetary Policy Committee meeting under the tenure of Mr. Olayemi Cardoso as Governor on Monday, February 26 and Tuesday, February 27, 2024. The announcement follows a two-day strategic session...
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Shippers Council Boss Lauds Ports & Cargo On Investment, Dedication 

Shippers Council Boss Lauds Ports & Cargo On Investment, Dedication 

The newly appointed Executive Secretary/CEO, Nigerian Shippers Council, Mr. Pius Ukeyima Akutah (MON)has expressed satisfaction over the impact Ports & Cargo Handling Services Limited, the flagship company and subsidiary of SIFAX Group has had on...
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FG Relocates FAAN HQ To Lagos

FG Relocates FAAN HQ To Lagos

The Federal Government (FG) has relocated the headquarters of the Federal Airports Authority of Nigeria (FAAN) from Abuja to Lagos. The relocation was officially announced by the Minister of Aviation and Aerospace Development, Festus Keyamo, in a memo dated 15...
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FAAN Explains Relocation Of Headquarters To Lagos

FAAN Explains Relocation Of Headquarters To Lagos

RE: RELOCATION OF FAAN CORPORATE HEADQUARTERS FROM ABUJA TO LAGOS The Federal Airports Authority of Nigeria notes the inquiries some Nigerians have made regarding the directive of the Minister of Aviation and Aerospace Development, Mr. Festus Keyamo, SAN, CON,...
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