MSC To Acquire 49% Stake In Hamburg’s HHLA

MSC To Acquire 49% Stake In Hamburg’s HHLA

A wholly owned subsidiary of MSC Mediterranean Shipping Company, the world’s largest container shipping company, has revealed plans to acquire a substantial 49% shareholding in HHLA Hamburger Hafen und Logistik AG, a prominent port operation, container transport, and logistics group...
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UBA Declares N404b PBT, 50k Interim Dividend 

UBA Declares N404b PBT, 50k Interim Dividend 

For the half year ended June 30, 2023, United Bank for Africa (UBA) Plc, delivered an outstanding performance as announced in its audited financial report.  The results released to the Nigerian Exchange Limited (NGX) on Tuesday showed that the Group...
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Air Peace Begins Flight Operations To Jeddah October 31

Air Peace Begins Flight Operations To Jeddah October 31

West and Central Africa’s largest carrier, Air Peace, has announced the commencement of direct flights from Lagos and Kano to Jeddah in Saudi Arabia on October 31, 2023.  The airline disclosed this during an engagement session with travel agents in...
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APM Terminals Apapa Bags Dockworkers Award

APM Terminals Apapa Bags Dockworkers Award

APM Terminals Apapa has been honoured by the Shipping Correspondents Association of Nigeria (SCAN) with a special recognition award for setting new standards for the welfare of dockworkers in Nigeria.  The award was presented to APM Terminals Apapa as par...
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NIMASA DG: Seafarers Welfare Key To Success Of Maritime Sector

NIMASA DG: Seafarers Welfare Key To Success Of Maritime Sector

The Nigerian Maritime Administration and Safety Agency (NIMASA) hosted an enlightenment workshop for seafarers, employers of seafarers and other maritime stakeholders in Lagos on Seafarers’ Medical Certification and other related issues concerning the health...
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Amit Sharma: Nissan’s New E-Power Technology Is Game Changer

Amit Sharma: Nissan’s New E-Power Technology Is Game Changer

General Manager of Stallion NMN, Nigeria’s exclusive representative of Nissan brand, Amit Sharma, has described Nissan’s E-POWER, a revolutionary technology which has already been introduced to both the Qashqai and the X-Trail, models as a game changer in ...
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Egypt, Ghana, Rwanda, Others Back Carbon Levy On Shipping

Egypt, Ghana, Rwanda, Others Back Carbon Levy On Shipping

A coalition of 20 African nations has thrown their weight behind the Nairobi Declaration, advocating for a global carbon levy on shipping. The declaration was adopted at the Africa Climate Summit held in Nairobi last week, and it calls for...
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Ecobank Announces Back-To-School Packages For Customers

Ecobank Announces Back-To-School Packages For Customers

Ecobank Nigeria is offering special loan packages for parents and guardians to enable them pay school fees for their children and wards ahead of resumption for the 2023/2024 school year.  The Bank is also making special infrastructure loans avai...
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Zenith Bank Declares N15.70b Interim Dividend

Zenith Bank Declares N15.70b Interim Dividend

For the half year ended June 2023,  Zenith Bank Plc has declared an interim dividend of N15.70 billion, representing N0.50 per share.  In a notice to the Nigerian Exchange Limited (NGX), the Board of Directors proposed the payment of an interim....
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Qatar Airways Cargo Partners DSV On New Route From Huntsville

Qatar Airways Cargo Partners DSV On New Route From Huntsville

Qatar Airways Cargo has launched biweekly freighter flights from Huntsville, USA to Doha, in conjunction with DSV as part of a strategic partnership, enhancing North America’s connectivity to Europe, Middle East and beyond, effective 7th September 2023. A st...
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Akintola Williams, Foremost Accountant Dies At 104

Akintola Williams, Foremost Accountant Dies At 104

The Doyen of Accounting,  Pa Akintola Williams is dead. He was said to have died in his sleep in he early hours of today Monday, September 11, 2023 at the age of 104. Akintola was the country’s first indigenous chartered...
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United Nigeria Airlines Gets Approval To Fly UK, US, UAE, Others

United Nigeria Airlines Gets Approval To Fly UK, US, UAE, Others

THE Federal Government has granted the approval of the United Nigeria Airlines to begin international flights operations into six countries, including United Kingdom. Mr Hassan Ejibunu, Director, Air Transport Management, Ministry of Aviation and Aer...
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NDLEA Impounds Meth, Skunk Consignments At Lagos Airport

NDLEA Impounds Meth, Skunk Consignments At Lagos Airport

The National Drug Law Enforcement Agency (NDLEA) has intercepted consignments of skunk concealed in tomato paste tins and methamphetamine hidden in used clothes. The hard drugs were meant for export to Dubai, the United Arab Emirates. A statement by the...
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Obaseki Celebrates Esama Of Benin, Gabriel Igbinedion At 89

Obaseki Celebrates Esama Of Benin, Gabriel Igbinedion At 89

The Edo State Governor, Mr. Godwin Obaseki, has congratulated the Esama of Benin Kingdom, Sir (Chief) Dr. Osawaru Gabriel Igbinedion, on his 89th birthday anniversary. The governor, in a statement, eulogised the Esama of Benin’s contribution to various ...
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