News Archives — Page 225 of 726

March 19, 2023 No Responses

WFE: $25tri Wiped Off Global Stock Markets

New data published by the World Federation of Exchanges (WFE), the global industry group for exchanges and central clearing counterparties, indicates that $25 trillion was wiped off global stock markets in 2022.City Business News reports that WFE’s Financial year 2022...

March 19, 2023 No Responses

Firm Invests $200m In Maritime Leasing Platform

Costamare, Monaco-based owner and provider of containerships and dry bulk vessels for charter, has invested $200 million in Neptune Maritime Leasing Limited, becoming the leading investor in the growth-oriented maritime leasing platform. Neptune Leasing, estab...

March 18, 2023 No Responses

Delta Raises Alarm Over Alleged Security Breach

Delta State Government on Friday alleged that certain individuals were planning to disrupt Saturday’s Governorship and House of Assembly elections in the state. The State Commissioner for Information, Mr Charles Aniagwu, raised the alarm on Friday at a press...

March 18, 2023 No Responses

EFCC Steps Up Action Against Vote Buying, Deploys Teams

The Economic and Financial Crimes Commission (EFCC) has deployed its personnel across the states where Governorship and State Assembly elections will take place on Saturday. The EFCC Spokesperson, Wilson Uwujaren, said this in a statement on Friday i...

March 18, 2023 No Responses

FIRS, UK Sign Capacity Building MoU

Nigeria’s Federal Inland Revenue Service (FIRS) has signed a Memorandum of Understanding (MoU) with the United Kingdom’s His Royal Majesty’s Revenue and Customs (HMRC) aimed at fostering improved collaboration on capacity building between the two tax aut...

March 17, 2023 No Responses

INEC Blacklists 100 Ad Hoc Staff Over Alleged Malpractices

INEC Resident Electoral Commissioner in Akwa Ibom, Dr Cyril Omorogbe, on Thursday, disclosed that the commission has delisted 100 ad hoc staff in the state over alleged involvement in election malpractices. Omorogbe, who made the disclosure in an intervie...

March 17, 2023 No Responses

Market Capitalisation Down By N313b

The equity market, on Thursday, extended its losing streak for the fifth successive session as the market capitalisation decreased by N313 billion due to investors’ continued profit-taking. The All Share Index (ASI) fell by 574.59 absolute po...

March 17, 2023 No Responses

Photo News

Left—Right: Senior Manager, Securities And Exchange Commission (SEC), Egbuniwe Obinna; Media Consultant, Presco Plc, Moses Ebosele; Vice Chairman, Proactive Shareholders Association Of Nigeria (PROSAN), Oladejo Owolabi; Prof Benjamin Ehigie, ...

March 16, 2023 No Responses

Presco Bags Company Of The Year Award

Presco Plc has emerged winner of the year 2022 company of the year award in recognition of its c contribtions to the agricultural sector in Nigeria.. Speaking at the 2023 Investors’s summit held on thursday in Ibadan, Oyo State, the org...

March 16, 2023 No Responses

Shell Lifts Force Majeure On Bonny Light Crude Exports

The Shell Petroleum Development Company of Nigeria Ltd., (SPDC), operator of the SPDC joint venture, has lifted the force majeure on Bonny export programme with effect from March 15, 2023. Mrs Bola Essien-Nelson, the Media Relations Manager of SPDC, confirmed....

March 16, 2023 No Responses

Railway Retirees Pass Vote Of No Confidence On Two NRC Unions

The Association of Nigeria Railway Senior Citizens (ANRSC), the umbrella body of retirees of the Nigeria Railway Corporation (NRC), has passed a vote of no confidence on the leadership of two in-house unions of the corporation. The Chairman of ANRSC,...

March 16, 2023 No Responses

FEC Approves N15b For Road Linking 2nd Niger Bridge, €3.7m For Power

The Federal executive Council has approved N15 billion for the construction of an access road linking the Benin-Asaba expressway to the second Niger bridge. Minister of Information and Culture, Alhaji Lai Mohammed, disclosed this when he briefed State House co...

March 16, 2023 No Responses

CRFFN Inaugurates ANLCA Board

The Council for the Regulation of Freight Forwarding in Nigeria (CRFFN) on Wednesday inaugurated an eight-man Board of Trustees (BoT) for the Association of Nigerian Licensed Customs Agent (ANLCA). The inauguration of the BoT took place at the 1st Annual...

March 16, 2023 No Responses

INEC Begins Distribution Of Sensitive Materials In Lagos

The Independent National Electoral Commission (INEC) in Lagos State has commenced movement of sensitive materials to be used for Governorship and House of Assembly elections to various local government areas of the state. The News Agency of Nigeria (NAN) repor...