News Archives — Page 256 of 614

November 26, 2019 No Responses

Uber Loses Licence In London

Transport for London (TfL) on Monday refused to give the ride-hailing company Uber, a new licence to operate in London over safety and security concerns. The licensing body said in a statement that “TfL has identified a pattern of failures...

November 24, 2019 No Responses

LNG Firm Secures $629m Loan

Bermuda-based LNG carrier owner, Flex LNG will obtain a new USD 629 million financing for five newbuilds scheduled for delivery in 2020. Earlier this month, the company received firm commitments from a syndicate of eleven banks and the Export-Impor...

November 23, 2019 No Responses

DMO Puts Nigeria’s Debt Profile At N25.7 Tri

The Debt Management Office (DMO) says that Nigerian’s total debt profile is N25.7 trillion. The Director-General of the office, Ms Patience Oniha, announced this while addressing House of Representatives Committee on Public Account on Friday in Abuja. “As ...

November 22, 2019 No Responses

Reps Probe NIMASA, Ministry Over Alleged $195m Security Contract

The House of Representatives has resolved to investigate alleged $195, 500.000 contract awarded to an Israeli security firm to secure Nigeria’s waterways by the Ministry of Transportation. This is sequel to a unanimous adoption of a motion by Rep. Benjamin.....

November 22, 2019 No Responses

CBN: Nigeria Imports $600m Cassava Derivatives Annually

Nigeria imports cassava derivatives valued at about 600million dollars annually, Mr Godwin Emefiele, the Governor of Central Bank of Nigeria (CBN) has said Emefiele disclosed this at a meeting With State Governors of Cassava Producing States in Abuja on Thursd...

November 21, 2019 No Responses

Shell Seeks Re-Orientation For Nigerian Undergraduates

The Shell Petroleum Development Company of Nigeria Limited (SPDC) on Wednesday said undergraduates in Nigerian universities needed re-orientation to challenge them on the use of emerging technologies to enable innovation. Mr Osagie Okunbor, SPDC Managing Direc...

November 17, 2019 No Responses

Cassava: IITA, ACAI Train 30,000 Farmers On Weed Management

No fewer than 30,000 farmers from Abia, Benue, Oyo, Ogun and Osun states will benefit from the training on the six steps to cassava weed management and best planting practices in November. The training is put together by the International...

November 17, 2019 No Responses

Dana Air Airlifts 5.4m Passengers In 11 Years

Dana Air airlifted not less than 5.4 million passengers in the last 11 years of its operations. A statement issued on Saturday by the airline’s Media and Communications Manager, Mr Kingsley Ezenwa explained that the airline hopes to double the...

November 17, 2019 No Responses

Buhari Explains Reorganisation At Presidency

The ongoing reorganisation at the presidency is aimed at enhancing service delivery to Nigerians, President Muhammadu Buhari has said. A statement by the President’s spokesman, Malam Garba Shehu, in Abuja on Saturday, said the president stated this when he f...

November 16, 2019 No Responses

‘Border Closure, A Bold Step’

An All Progressives’ Congress (APC) Chieftain in Oyo State, Alhaji Kehinde Olaosebikan, has described the recent border closure as a bold step by Muhammadu Buhari’s government to revive the nation’s economy. The APC chieftain told the News Agency of Nige...

November 16, 2019 No Responses

NIMASA Donates Desktop Computers, Laptop, Textbooks, Others To Schools

Photo Caption: R-L: Mr. Isichei Osamgbi, Deputy Director/Head PR NIMASA, Mr. Abdul Madaka Aliyu, Principal, Ahmadu Bahago Secondary School, Minna Niger State; Mr. Hadisu Musa, Principal, Government Community Day Secondary School, Akko, Gombe State; Mr. G...

November 16, 2019 No Responses

SIFAX Group Photo News

L-R: Kelly Imade, Senior Manager, Administration; Abiodun Elemide, Group Compliance Coordinator; Barr. Ezekiel Ajewole, Executive Director and Senior Special Assistant to Barr. (Dr.) Taiwo Afolabi, Group Executive Vice Chairman; Olushola Adebote, Assistant Gen...

November 15, 2019 No Responses

Firm Stakes $380m on Six Containerships

Hong Kong-based Seaspan Corporation has signed an agreement to buy a fleet of six containerships for USD 380 million in cash. The company explained that that the transaction is expected to be financed from additional borrowings as well as cash...

November 14, 2019 No Responses

FG Approves N1.7b For Bonny Island Jetty

The Federal Executive Council (FEC) presided over by Vice President Yemi Osinbajo has approved the sum of N1.7 billion for the construction of jetty at the Bonny Island in Rivers.Minister of State for Transportation Gbemisola Saraki made the disclosure while.....