News Archives — Page 411 of 613

January 16, 2018 No Responses

CBN injects $210m into foriegn exchange market

The Central Bank of Nigeria (CBN) has injected another 210 million dollars into the inter-bank Foreign Exchange Market to meet customers’ requests in various segments. Giving a breakdown of the intervention, the bank’s acting Director, Corporate Communications, Mr Isaac Okorafor...

January 16, 2018 No Responses

Fayemi faults 10-year ban

The Minister of Mines and Steel Development, Dr Kayode Fayemi, has challenged the 10-year ban slammed on him from holding political office by an Ekiti State Government White Paper. Fayemi, in a statement issued on his behalf by his Senior...

January 15, 2018 No Responses

Buhari meets Saraki, Dogara behind closed doors

President Muhammadu Buhari on Sunday met, behind closed doors, with the Senate President Bukola Saraki and the Speaker, House of Representatives, Yakubu Dogara, in the Presidential Villa, Abuja. This information is posted on twitter account of the Presidency N...

January 15, 2018 No Responses

Edo SUBEB partners Police to curb encroachment, theft

The Edo State Universal Basic Education Board (SUBEB) has concluded arrangement with the Edo State Command of the Nigeria Police, to curb vandalism, theft and encroachment on properties of schools under its jurisdiction across the state as the agency commences...

January 14, 2018 one Response

Singapore seeks global maritime hub with $3.4b agenda

Singapore has unveiled a new plan, the Sea Transport Industry Transformation Map (ITM), in an aim to grow the industry’s value-add by SGD 4.5 billion (USD 3.4 billion) by 2025. Specific initiatives have been laid out under the Sea Transport ITM,...

January 14, 2018 No Responses

Lagos bans cart pushers, wheelbarrow operators

The Lagos State Government on Saturday announced the ban on the operations of cart pushers and wheelbarrow operators, saying their activities are inimical to the environmental cleanliness of the state. The Secretary to the State Government, Mr Tunji Bello, mad...

January 13, 2018 No Responses

Mercedes-Benz Citan Debuts in Nigeria

Mercedes-Benz Citan Tourer and Panel recently arrived in Nigeria courtesy Weststar Associates Limited. The Citan, first addition to Mercedes-Benz Vans product portfolio for the Nigerian Market in the year 2018, “is an absolute all-rounder – powerful ...

January 13, 2018 No Responses

NSE trading index drops by 0.33 per cent

Activities on the Nigerian Stock Exchange All-Share Index on Friday bowed to profit taking halting the six-day price rally with the All-Share Index dropping by 0.33 per cent. The News Agency of Nigeria (NAN) reports that the index lost 142.64...

January 13, 2018 No Responses

Audi reports 1.9m sales in 2017

AUDI AG has increased its global sales for the eighth year in a row. Despite a turbulent first half of the year, the company achieved a new record-breaking figure: Around 1,878,100 deliveries represent an increase of 0.6 percent. The...

January 12, 2018 No Responses

BPE: Comatose state of Nigerdock worrisome, negates essence of privatization

Director General of the Bureau of Public Enterprises (BPE), Mr. Alex A. Okoh has assured the Board and management of the Nigerdock Nigeria Plc that the Bureau is committed to the full realization of the potentials of the integrated engineering...

January 12, 2018 No Responses

7UP shareholders approve Affelka’s acquisition of 26.8 per cent stake

Seven-Up Bottling Company Plc shareholders on Thursday approved the Scheme of Arrangement for the acquisition of 26.8 per cent shares by Affelka South Africa. The shareholders gave the approval at the Court-Ordered meeting convened at the instance of the Fed...

January 12, 2018 No Responses

Stephanie Linus takes campaign against human trafficking to Italy

In partnership with the world renowned international humanitarian organisation ‘Doctors Without Borders’, Stephanie Linus is in Italy to give support to rescued victims of human trafficking and raise her voice against such human rights violations...

January 12, 2018 No Responses

Tin Can Customs generates N287.6billion in 2017

Between January and December, 2017, the Tin Can Island Command of the Nigeria Customs Service (NCS) collected N287.6 billion, indicating 92.71 per cent of its revenue target of N310.2 billion. A statement issued by the Public Relations Officer of the...

January 11, 2018 No Responses

‘Agriculture will boost Nigeria’s sustainable development’

Mr Aniefiok Umoren, the Head of Development Finance, Central Bank of Nigeria (CBN), Calabar, says agriculture remains the most viable option to boost the country’s sustainable development and food security. Umoren said this on Wednesday at the official lau...