News Archives — Page 556 of 726

October 12, 2017 No Responses

Union Bank Photo News

L – R: Joe Mbulu, Transformation Director, Union Bank of Nigeria Plc; Ade Bajomo, Executive Director, Market Operations and Technology, The Nigerian Stock Exchange (NSE); Emeka Emuwa, Group Managing Director/CEO, Union Bank of Nigeria Plc and Somuyiwa Sonubi, Company Secretary,...

October 11, 2017 No Responses

Chevron to deliver LNG to customers in Asia

Chevron has started producing liquefied natural gas (LNG) at the Wheatstone project in Western Australia. According to Offshore Magazine, the first cargo is on track to be shipped in the coming weeks. At full capacity, the Wheatstone project’s t...

October 11, 2017 No Responses

Baru reiterates commitment to consolidate NNPC, trading company to efficiency, profitability

The Group Managing Director (GMD) of Nigeria National Petroleum Corporation (NNPC), Dr. Maikanti Baru has reaffirmed his commitment to consolidate the NNPC group, especially its trading arm for efficiency and profitability. Since assuming duty, Dr. Baru...

October 11, 2017 No Responses

FG names Sumaila sole administrator for Ajaokuta Steel Complex

The Minister of Mines and Steel Development, Dr Kayode Fayemi, has announced the appointment of Engr. Abdul-Akaba Sumaila, as the Acting Sole Administrator of the Ajaokuta Steel Complex. Sumaila replaces Mr Joseph Isah, who retired from the civil service....

October 11, 2017 No Responses

NPA boss implores PMAWCA on capacity development

The Managing Director of Nigerian Ports Authority (NPA), Hadiza Bala Usman has implored women professionals in the Maritime sub-sector to invest more in capacity development. Hadiza Bala Usman gave this charge in a key note address at the opening...

October 11, 2017 No Responses

Kia records 252,254 sales in September

Kia Motors Corporation announced its September 2017 global sales figures for passenger cars, recreational vehicles (RVs) and commercial vehicles, recording a total of 252,254 units sold. According to the suto firm, in September, domestic market sales totaled...

October 11, 2017 No Responses

ILO: Sluggish SME development hurts jobs, economy

Investing in workers and innovation, and boosting trade and social dialogue are key to stemming rising global unemployment, the latest edition of the ILO’s flagship report shows. With more than 201 million workers unemployed in 2017 – an increase...

October 10, 2017 No Responses

Oke wins NLNG ‘s $100, 000 Prize

Ikeogu Oke has emerged winner of the 2017 edition of Nigeria Prize for Literature, promoted by Nigeria LNG Limited (NLNG). The award goes with a cash prize of $100, 000. Making the announcement in Lagos, the chairman of Advisory...

October 10, 2017 No Responses

Porsche seeks $235m damages from Audi over diesel scandal

There’s trouble in Volkswagen paradise as Porsche begins litigation against its sister-brand Audi, alleging that the auto manufacturer’s role in the Dieselgate scandal has cost the luxury automaker upwards of $234 million, Reutersreports. In 2015, ...

October 10, 2017 No Responses

FBNHoldings appoints Oluseye Kosoko Company Secretary

FBN Holdings Plc has announced the appointment of Oluseye Kosoko as Company Secretary subject to regulatory approval. In the same vein, Tijjani Borodo, the outgoing Company Secretary will still be around for the next few months to navigate a...

October 10, 2017 No Responses

Coronation Merchant Bank Photo News

L – R shows Onome Komolafe, Executive Director, Enterprise Support, Coronation Merchant Bank; Ade Bajomo, Executive Director, Market Operations and Technology, The Nigerian Stock Exchange (NSE); Abubakar Jimoh, Managing Director, Coronation Merchant Bank; Ai...

October 10, 2017 No Responses

Group Protests in Abuja, asks Edo CP to comply with redeployment

Indigenes of Edo State under an umbrella group called Concerned Citizens of Edo State have demanded that the State’s Commissioner of Police, Mr Haliru Gwandu should immediately comply with his redeployment by the Police Service Commission (PSC). The gro...

October 10, 2017 No Responses

Buhari mourns Gen. Malu

President Muhammadu Buhari extends heartfelt condolences to the Malu family as well as the government and people of Benue State on the death of Lt. General Victor Malu (retired), a former Chief of Army Staff (COAS). President Buhari also commiserates...

October 9, 2017 No Responses

NADDC Boss seeks involvement of more banks in auto financing

By Moses Ebosele, ebosele@hotmail.com – The National Automotive Design and Development Council (NADDC), is to strengthen some components of the National Automotive Industry Development Plan (NAIDP). Under the arrangement, a fund is to be establ...