News Archives — Page 253 of 617

February 10, 2020 No Responses

Buhari, Mbasogo, Others Inaugurate CISSA Headquarters

President Muhammadu Buhari on Sunday joined President Obiang Nguema Mbasogo of Equatorial Guinea, Prime Minister of the Federal Democratic Republic of Ethiopia, Abiy Ahmed and other African leaders to inaugurate the headquarters of the Committee of Intelligence and Security Services...

February 9, 2020 No Responses

NPA Revokes LADOL’s Land Lease Agreement

The Nigerian Ports Authority (NPA) has sanctioned the Lagos Deep Offshore Logistics Base (LADOL) for violating the terms of the land lease at Tarkwa Bay, near Light House Beach in Lagos.This, it claimed, was part of the efforts to boost...

February 8, 2020 No Responses

FIRS Targets N8.5tri Revenue In 2020

The Federal Inland Revenue Service (FIRS) is to attain N8.5 trillion revenue in 2020. The Executive Chairman of FIRS, Mr Muhammad Nami, disclosed this at the 2020 Corporate Plan Retreat in Abuja on Friday. Nami said that the 2020 target...

February 6, 2020 No Responses

DPR Gives Marketers Two Months Ultimatum To Weed Out Illegal LPG Retailers

The Department of Petroleum Resources (DPR) has given marketers two months to weed out illegal retailers of Liquefied Petroleum Gas (LPG) also known as cooking gas.Abubakar Buba, Abuja Zonal Operations Controller, disclosed this at the DPR 2019 Annual Stakehol...

February 6, 2020 No Responses

Fidelity Bank Appoints Isa Inuwa Non-Executive Director

The Board of Directors of Fidelity Bank Plc has announced the appointment of Alhaji Isa Mohammed Inuwa as an Independent Non-Executive Director of the Bank.A statement issued on Thursday explained that the Nigerian Stock Exchange (NSE) has been notified of...

February 6, 2020 No Responses

FG Approves N65.9b For Road Projects

The Federal Executive Council (FEC) has approved N65.9 billion for road projects across the country. Briefing State House Correspondents on Wednesday, Minister of State for Works and Housing, Abubakar Aliyu, explained that the ministry presented two memos to t...

February 4, 2020 No Responses

NAHCO Replies Customs, Denies Ownership Of $8.6m

The attention of the Nigerian Aviation Handling Company plc (nahco aviance) has been brought to a press conference earlier today by the Comptroller – General of the Nigerian Customs Service (NCS) Col. Hammed Alli (rtd) to the effect that a...

January 31, 2020 No Responses

Navy Impounds 2,053 Bags Of Rice

The Forward Operating Base (FOB) of the Nigerian Navy in Ibaka, Mbo Local Government Area of Akwa Ibom, has arrested 13 suspects and seized 2,053 bags of smuggled rice in Akwa Ibom. The Commanding Officer of the FOB, Cpt. Peter...

January 30, 2020 No Responses

National Sports Festival: Buhari Seeks Private Sector Investments

President Muhammadu Buhari on Thursday in Abuja called on private sector investors to join hands with the government in youth and sports development in the country.The President made the call when he received the “Torch of Unity’’ and flag-off of...

January 30, 2020 No Responses

Refineries: Senate Probes NNPC Over $396m Spent On Maintenance

The Senate on Thursday resolved to probe the Nigerian National Petroleum Corporation (NNPC) over the sum of $396 million expended on Turn-Around Maintenance of refineries in the country between 2013 and 2015.Accordingly, the Upper Chamber mandated the Committe...

January 30, 2020 No Responses

Nigeria, India Sign MoU On Sugar Institute

The National Sugar Institute (NSI) of India and the National Sugar Development Council (NSDC), on Wednesday signed an Memorandum of Understanding (MoU) for the establishment of a Sugar Institute in Nigeria. The MoU was signed by the Executive Secretary of...

January 30, 2020 No Responses

Senate To Buhari: Declare National Security Emergency

The Senate has urged President Muhammadu Buhari to as a matter of urgency declare a National Security Emergency to address the escalating challenges of insecurity faced by the country. The call was made moments before the upper chamber adjourned plenary...

January 29, 2020 No Responses

Aisha Hassan-Baba, Orji Join UBA Board

The United Bank for Africa (UBA) Plc has announced the appointments of Aisha Hassan-Baba and Kenneth Orji as Non-Executive Directors on the Group’s Board.In a notice to the Nigerian Stock Exchange (NSE), UBA explained that the new appointments are subject...

January 29, 2020 No Responses

Editor: Automotive Sector Is Vulnerable To Coronavirus Impacts

As the coronavirus crisis deepens, there are rising concerns over the potential economic impact, including for the global automotive industry.Reviewing the development, Automotive Editor at GlobalData, a leading data and analytics company, David Leggett, said:...