News Archives — Page 127 of 727

March 23, 2024 No Responses

New NIMASA DG: We Will Build A Purpose Driven Organisation

The newly appointed Director General of the Nigerian Maritime Administration and Safety Agency, NIMASA Dr. Dayo Mobereola says the Agency’s Management under his leadership will build a purpose driven organisation, while also prioritising effective communication at all levels to enhance...

March 22, 2024 No Responses

FG Inaugurates Marshals To Combat Illegal Mining

As part of measures to tackle unauthorized mining activities, the Minister of Solid Minerals Development, Dele Alake, has launched the inaugural group of Mining Marshals Corps. Presenting the Mining Marshals in Abuja on Thursday, Alake explained tha...

March 22, 2024 No Responses

Stock Market Recovers N74b

Bullish sentiment returned to the equity market on Thursday, following investors’ interest stocks of BUA Cement, Zenith Bank and other top traders, making it the first gain of the week. Specifically, the market capitalisation, which opened at N58.947 trillio...

March 21, 2024 No Responses

New NEMA DG, Zubaida Umar, Harps On Effective Service Delivery

The newly appointed Director General, the National Emergency Management Agency (NEMA), Mrs Zubaida Umar on Tuesday, assumed duties at the headquarters of the Agency in Abuja. The new Director General was received on arrival by the management staff of the...

March 21, 2024 No Responses

Access Bank To Acquire National Bank Of Kenya

Access Bank is to acquire the National Bank of Kenya from the KCB Group, its second acquisition of a Kenyan bank in under five years. After purchasing Transnational Bank Limited. in 2019, this is the Nigerian lender’s second acquisition in...

March 21, 2024 No Responses

CBN Clears FX Transactions Backlog

The Central Bank of Nigeria (CBN) has cleared all valid foreign exchange backlogs of s$7 billion, fulfilling a key pledge of its Governor, Mr. Olayemi Cardoso. In a statement on Wednesday, the apex bank’s Acting Director, Corporate Communications, Mrs Hakama...

March 20, 2024 No Responses

Oil Palm Has Positioned Edo To Lead Nigeria’s Exports, Says Obaseki

The Edo State Governor, Mr. Godwin Obaseki, has said the Federal Government can tackle the current foreign exchange crisis by advancing fiscal policies to encourage manufacturers to boost local production and access necessary credit to boost exports of Nigeria...

March 20, 2024 No Responses

Zenith Bank Appoints Adaora Umeoji As GMD/CEO

The Board Directors of Zenith Bank Plc has appointed Dr. Adaora Umeoji as the Group Managing Director/ Chief Executive of Zenith Bank Plc. The Bank in a statement to the Nigerian Exchange explained that the appointment is with effect from June ...

March 19, 2024 No Responses

NADDC To Partner Oando Clean Energy On Vehicle Electrification

The National Automotive Design and Development Council (NADDC) and Oando Clean Energy are set to forge closer ties on Vehicle Electrification. According to NADDC, a courtesy visit to the Council by Oando Clean Energy Executive Vic...

March 19, 2024 No Responses

Ministry To Grow Eastern Port Vessel Traffic

The ministry of Marine and Blue Economy, on Tuesday, said it’s poised to provide the facilitation and advocacy required to grow the vessel traffic to the Eastern port. Speaking at the commissioning of 4.8km road and Marine craft at Onne...

March 19, 2024 No Responses

NDDC To Hand Over Ondo Power Project To TCN

The Governing Board of the Niger Delta Development Commission, NDDC has concluded plans to inaugurate the 132/33kv electricity sub-station at Ode-Erinje in Okitipupa Local Government Area of Ondo State. A statement issued by the Commission explained that...

March 19, 2024 No Responses

NLC Backs NASU, SSANU

The Nigerian Labour Congress (NLC) has declared its support for the ongoing strike by the Non-Academic Staff Union of Educational (NASU) and associated institutions of the Senior Staff Association of Nigerian Universities (SSANU) and has demanded an “immedia...

March 19, 2024 No Responses

NCC: Voice, Data Services Affected By Undersea Cable Cuts Restored

The management of Nigerian Communications Commission (NCC) has announced that voice, and data services affected by undersea cable cuts have been restored. A statement issued on Monday by the Director of Public Affairs in NCC, Reuben Muoka, said services have.....

March 18, 2024 No Responses

Tinubu: Killers Of Military Personnel Won’t Go Unpunished

President Bola Tinubu has condemned the killing of military personnel in Delta State. In a statement on Sunday, Tinubu described the killing as unprovoked and “dreadful”, adding that the perpetrators, whom he described as “cowardly” must not go unpunis...