Tag: News

SGF: FG not contemplating hike in petrol pump price
December 24, 2017 No Responses

SGF: FG not contemplating hike in petrol pump price

The Secretary to the Government of the Federation (SGF), Boss Mustapha has assured Nigerians that the Federal Government is not contemplating any form of hike in the pump price of petroleum products. Mustapha disclosed this on Saturday at the handing...
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HSH to sell shares in FSL Trust
December 24, 2017 No Responses

HSH to sell shares in FSL Trust

Godan GmbH, the controlling unitholder of First Ship Lease Trust (FSL Trust), is in discussions with investors for a potential sale of all of its shares in FSL Holdings, the sponsor of the trust. FSL Holdings, through FSL Asset Management, owns all...
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Toyota Hilux maintains position as market leader in 2017
December 23, 2017 No Responses

Toyota Hilux maintains position as market leader in 2017

For almost 50 years, the Toyota Hilux has been a South African icon. Not only because it is a bakkie with a proven record, but because it has an almost indestructible reputation for being a die-hard vehicle. Give it a...
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Union Bank announces changes to its Board of Directors
December 23, 2017 No Responses

Union Bank announces changes to its Board of Directors

Union Bank of Nigeria Plc (Union Bank) has announced changes to the membership of its Board of Directors with the retirement of an Executive Director, Mr. Ibrahim Kwargana and the resignations of Non-Executive Directors, Engr. Mansur Ahmed, Chief Dr. (Mrs.)...
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Taipei hosts 2017 Capital Markets Forum
December 23, 2017 No Responses

Taipei hosts 2017 Capital Markets Forum

A total of 10 exchanges and 23 representatives attended the Asian and Oceanian Stock Exchanges Federation (AOSEF) Working Committee, hosted by the Taipei Exchange (TPEx), in November 2017. Delegates attended from major stock exchanges across Asia, including: B...
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Petrol pump price hits N250 per litre as DPR forces NNPC mega station to dispense product
December 23, 2017 No Responses

Petrol pump price hits N250 per litre as DPR forces NNPC mega station to dispense product

The supply and price of Petrol in Anambra have worsened as customers now pay between N250 and N300 per litre in the state. Most filling stations in Awka and its environs had the product but refused to dispense.  However, the...
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SIFAX GROUP Photo News
December 23, 2017 No Responses

SIFAX GROUP Photo News

L-R: Mrs. Chinelo Nwobi, Assistant General Manager, Human Resources and Administration; Bolarinwa Abioye (10 years awardee); Dr. Fola Rogers-Saliu, Executive Director, Human Resources and Administration and Mrs. Chiebonam Ezetu, Treasury Manager at the 2017 SI...
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Customs hits N1trillion highest revenue collection
December 22, 2017 No Responses

Customs hits N1trillion highest revenue collection

The Nigeria Customs Service (NCS) has recorded its highest revenue collection ever of over N1 trillion as against N770 billion target set for 2017. The Service Public Relations Officer, Mr Joseph Attah, announced this at a news conference in Abuja...
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Jeep Wrangler explains 2018 mission, top model to cost $60,000
December 22, 2017 No Responses

Jeep Wrangler explains 2018 mission, top model to cost $60,000

The 2018 Jeep Wrangler JL starts at just $26,995. That base price is for the two-door Sport model, with the most expensive model of the bunch being the four-door Rubicon Unlimited, which asks $40,495 starting.   Jeep has opened up its...
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UNIJOS, others acquire subsidiaries of Nigerian Mining Corporation
December 22, 2017 No Responses

UNIJOS, others acquire subsidiaries of Nigerian Mining Corporation

The National Council on Privatisation (NCP), at its 4th meeting for 2017,approved the privatisation of the remaining 5 (out of the 23) subsidiaries of the Nigerian Mining Corporation (NMC). The NCP approved the sale of Naraguta Bricks and Clay Company...
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INTELS fetes less privileged children
December 22, 2017 No Responses

INTELS fetes less privileged children

Representative of  INTELS Nigeria Limited were guests to the children of Compassion Centre, Nkpogu Village in Port Harcourt, Rivers State last Friday as they hosted the children and staff of the centre to a lavish Christmas party and donated several...
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Obaseki inaugurates pension committee, fine-tunes strategy to clear N3.9bn arrears
December 21, 2017 No Responses

Obaseki inaugurates pension committee, fine-tunes strategy to clear N3.9bn arrears

The Governor of Edo State, Mr. Godwin Obaseki, has said the state has put up structures to clear pension arrears accumulated from 1996 to 2000, noting that the migration of public servants to the contributory pension scheme will forestall a...
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BIMCO: Dry Bulk Demand to Outstrip Supply in 2018
December 21, 2017 No Responses

BIMCO: Dry Bulk Demand to Outstrip Supply in 2018

Next year promises to provide some breathing space for bulker owners as the dry bulk fleet is likely to grow at the slowest pace seen since 1999, according to BIMCO, which expects global demand to outstrip supply growth in 2018....
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NNPC releases 470 trucks of petrol to Lagos, Abuja
December 20, 2017 No Responses

NNPC releases 470 trucks of petrol to Lagos, Abuja

 The Nigerian National Petroleum Corporation (NNPC) on Tuesday said it released 300 trucks of petrol to Lagos and 170 to Abuja, to stem long queues at filling stations. NNPC Spokesman, Ndu Ughamadu, announced the release in a statement in Abuja....
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