CBN Warns PoS Operators, Banks Against Cash Hoarding

CBN Warns PoS Operators, Banks Against Cash Hoarding

The Central Bank of Nigeria has issued a warning against Deposit Money banks and Point of Sales (PoS) merchants over alleged hoarding of cash in the country.   A circular signed by CBN’s acting director of Corporate Communications, Hakama Sidi-Ali, on Thursday explained...
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Photo News

Photo News

Director General, Nigerian Maritime Administration and Safety Agency ( NIMASA), Dr Bashir Jamoh, OFR  (Right) and the Executive Secretary, Nigerian Shippers’ Council (NSC), Pius Ukeyima Akutah, MON in a tete-a-tete on how inter Agency collaboration can enh...
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Dana Air Bags Most Innovative Airline Award, Introduces Additional Flights

Dana Air Bags Most Innovative Airline Award, Introduces Additional Flights

Dana Air has been named the Most Innovative Airline of the year 2023 at the prestigious Nigerian Business Leadership Awards held at the Landmark Events Center in Lagos. The Nigerian Business Leadership Awards, renowned for celebrating outstanding business lead...
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Presco Rewards 38 Staff, Lauds Performance 

Presco Rewards 38 Staff, Lauds Performance 

Thirty-eight employees of Presco Plc have received various items as rewards for their loyal services, dedication and outstanding performance during the year 2023. Congratulating the recipients at the end-of-year party held at  Obaretin Estate headquarters of...
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Lagos Begins Sales Of Form For Intending Pilgrims To Rome, Greece

Lagos Begins Sales Of Form For Intending Pilgrims To Rome, Greece

Following the suspension of the Holy Pilgrimage to Israel and Jordan by both the Nigeria Christian Pilgrim Commission (NCPC) and the Lagos State Government in October this year, the State Government has commenced the sales of forms for the 2023/2024...
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Lagos Begins Clampdown On Tankers, Trailers Along Apapa-Oshodi Expressway

Lagos Begins Clampdown On Tankers, Trailers Along Apapa-Oshodi Expressway

The Lagos State Government has ordered all tankers and trailers to immediately vacate the Cele Bus Stop Inward Tin Can Port axis, along the Apapa-Oshodi expressway and stop indiscriminate parking along that axis. The Special Adviser on Transportation to t...
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NADDC Faults Inflow Of Used Vehicles Into Nigeria, Seeks Minimum Standards 

NADDC Faults Inflow Of Used Vehicles Into Nigeria, Seeks Minimum Standards 

The Director General, National Automotive Design and Development Council (NADDC), Mr Joseph Osanipin has frowned at the level of inflow of used cars otherwise referred to as “tokubo” cars into Nigeria. Speaking at an event in Abuja on Public Sector...
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Lagos To Deploy 1,000 CNG Buses In 2024

Lagos To Deploy 1,000 CNG Buses In 2024

The Lagos State Government is to deploy about 1,000 Compressed Natural Gas (CNG)-buses before the end of 2024.  Already, the State has concluded plans to take delivery of 100 units of CNG Buses and 50 electric buses from the Federal...
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NCDMB Commits To Capacity Utilisation, Patronage For Nigerian Service Companies

NCDMB Commits To Capacity Utilisation, Patronage For Nigerian Service Companies

The Nigerian Content Development and Monitoring Board (NCDMB) has assured that patronage and deployment of indigenous oil and gas service companies would remain of strategic importance to take advantage of the massive development of operational capabilities si...
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NASENI, Eleven Firms Seal $21.7m MoU

NASENI, Eleven Firms Seal $21.7m MoU

The National Agency for Science and Engineering Infrastructure (NASENI) has signed an agreement worth $21.7 million with eleven firms in Nigeria as beneficiaries for take-off of the Delta-2 Projects, being the outcome of the bilateral collaboration between the...
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Badeh Assumes Office As NSIB Director General, Unveils Vision

Badeh Assumes Office As NSIB Director General, Unveils Vision

The new Director-General/Chief Executive Officer of the Nigerian Safety Investigation Bureau (NSIB), Capt. Alex Badeh Jr, has disclosed that his vision is to build an agency that is defined by the transformative advancements it inspires in transport safety, an...
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Seplat Energy Bags SERAS Africa’s Award For Education Intervention

Seplat Energy Bags SERAS Africa’s Award For Education Intervention

Seplat Energy Plc has emerged winner of the Sustainability, Enterprise and Responsibility Awards (SERAS) Africa’s Education Intervention category for 2023. The SERAS Africa is an annual project which aims to promote as well as raise ...
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Parallex Bank wins UK Reputable Bank award

Parallex Bank wins UK Reputable Bank award

Parallex Bank Ltd. has been recognised as the Reputable Bank of the Year by the Global Reputation Forum in the United Kingdom. The Chief Executive Officer of Parallex Bank, Dr Olufemi Bakre, who represented the bank at the event, made...
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Kuku Takes Over As FAAN MD, Pledges Improvement In Service Delivery

Kuku Takes Over As FAAN MD, Pledges Improvement In Service Delivery

The new Managing Director/Chief Executive of the Federal Airports Authority of Nigeria (FAAN), Mrs. Olubunmi Oluwaseun Kuku, has assured all stakeholders in the aviation sector that the agency will continue to be the bastion of excellent service delivery in th...
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