News Archives — Page 187 of 733

August 15, 2023 No Responses

NGX, CIS, ASHON Partner MOFI On Market Development, Listings

Nigerian Exchange Limited (NGX), Chartered Institute of Stockbrokers and the Association of Securities Dealing Houses of Nigeria (ASHON), have demonstrated their willingness to collaborate with the Federal Government through the Ministry of Finance Incorporated (MOFI) in facilitating market development and listings....

August 15, 2023 No Responses

CBN: New FX Policy Will Lead To Losses For Speculators

The acting Governor of the Central Bank of Nigeria (CBN) Fola Shonubi, on Monday warned speculators of potential losses as they implement a new policy to stabilize the exchange rate regime. Shonubi explained that the CBN has come up with...

August 15, 2023 No Responses

Shell Resumes Exports At Forcados Terminal

Nigeria’s crude oil export is set to rise as Shell Petroleum Development Company (SPDC) has announced that exports of Nigeria’s Forcados grade of crude oil have resumed. Shell spokesperson told Reuters on Monday that the loading had resumed roughly a...

August 15, 2023 No Responses

Hyundai Delivers 277,465 Units In July

Hyundai Motor Company has announced global sales of 277,465 units in July 2023, a 1.2 percent increase year-over-year. Despite continued uncertainties in the business environment, the company is maintaining sales momentum due to the gradual recovery from...

August 14, 2023 No Responses

Oil Prices Drop Amid Concerns Over China’s Economy

Oil prices eased on Monday as concerns about China’s faltering economic recovery and a stronger dollar weighed against seven weeks of gains on tightening supply from OPEC+ output cuts. Reuters report that Brent crude futures fell 73 cents, or 0.84%,...

August 14, 2023 No Responses

Edo PDP Passes Vote Of Confidence On Obaseki

Leaders of Edo State Peoples Democratic Party (PDP) have scolded the Deputy Governor of the State, Rt. Hon. Comrade Philip Shaibu, for approaching the Court over allegations that the Governor, Mr. Godwin Obaseki, is about to impeach him without exhausting...

August 14, 2023 No Responses

NCAA Threatens Sanction Over Inappropriate Insurance Cover

The Nigeria Civil Aviation Authority (NCAA) has threatened to sanction airlines and allied aviation services that violate the Nigerian Civil Aviation Regulations (Nig. CARs) 2022 on insurance cover for their equipment. A statement issued on Sunday by the...

August 13, 2023 No Responses

HMM Orders Four Multi-Purpose Heavy-Lift Ships

South Korea’s flagship carrier HMM has signed a new shipbuilding order with China State Shipbuilding Corporation’s subsidiary Huangpu Wenchong for four 38,000-ton multi-purpose heavy-lift ships. Designed by the Shanghai Merchant Ship Design and Research In...

August 13, 2023 No Responses

Obaseki Reiterates Support For Edo Youth

The Edo State Governor, Mr Godwin Obaseki, has pledged to continue to work closely with the youths in the State for its development, growth and progress. Obaseki gave the assurance when he and his wife, Betsy, were conferred as grand...

August 13, 2023 No Responses

Anthony Joshua Knockouts Helenius

Heavyweight Anthony Joshua spectacularly knocked out Robert Helenius with one punch in round seven, after boxing tentatively in the first half of the fight at London’s O2 Arena. BBC report that the 33-year-old Briton – who was jeered by fans...

August 12, 2023 No Responses

Gas Retailers Task FG On More LPG Local Production

THE Liquefied Petroleum Gas Retailers (LPGAR) has suggested to the Federal Government to establish more local LPG production plants, and encourage storage and transportation of the product to avert price hike. Mr Ayobami Olarinoye, the Branch National Chairman...

August 12, 2023 No Responses

SAHCO WINS AVIACARGO EXPORT HANDLER OF THE YEAR AWARD

Skyway Aviation Handling Company (SAHCO) PLC has won the Aviacargo Export Handler of the year in Nigeria. A statement issued by Head, Corporate Communications, SAHCO, VANESSA UANSOHIA, Explained that the award was presented to SAHCO at the Chinet Aviation and....

August 12, 2023 No Responses

Photo News

Ekiti State Governor, Mr Biodun Oyebanji with the immediate past Governor of the State, Dr Kayode Fayemi; at Day 2 of the retreat for commissioners, special advisers and permanent secretaries at Adetiloye Hall, Trade Fair Complex, Ado-Ekiti…on Friday.

August 12, 2023 No Responses

Edo Begins Recertification Exercise For Gas, Petrol Stations

The Edo State Government through the State’s Ministry of Physical Planning, Housing, Urban and Regional Development, has kicked off a recertification exercise for gas and petrol stations in the State. In a statement, the Permanent Secretary, Edo State Minist...