News Archives — Page 630 of 649

July 26, 2016 No Responses

Flour Mills posts N4.3b loss

For its fourth quarter (Q4), Flour Mills Nigeria Plc has posted profit before tax of N4.3billion. In a report to the Nigeria Stock Exchange (NSE), the company said: “the pre-tax loss was mainly driven by a combination of factors including a...

July 25, 2016 No Responses

Lagos targets N30b monthly revenue

(NAN) The Lagos State Government on Sunday said it will reduce dependence on federal allocation by increasing its Internally Generated Revenue (IGR) to a monthly target of N30 billion in 2017. It also said that it would increase the IGR...

July 25, 2016 No Responses

Trailing Abdullahi’s foot note at NPA

By Moses Ebosele – Blocking revenue leakages and clamour for efficiency through deployment of information technology were some of the notable achievements of the immediate past Managing Director of Nigerian Ports Authority (NPA), Habib Abdullahi. ...

July 25, 2016 No Responses

Ministry to partner British Council, Elumelu Foundation on capacity building for culture, tourism managers

By Moses Ebosele – The Minister of Information and Culture, Alhaji Lai Mohammed has reiterated resolve to partner the British Council and Tony Elumelu Foundation as part of measures to enhance capacity building initiative of culture and tourism m...

July 25, 2016 one Response

Amaechi unveils ports surveillance technology

By Moses Ebosele – The Minister of Transportation, Rotimi Amaechi has unveiled a maritime security technology which tracks and records movement of vessels within the nation’s territorial waters. The security infrastructure monitors vessels wi...

July 25, 2016 No Responses

NIMASA to certify Naval Officers, Ratings

By Moses Ebosele – The Nigerian Maritime Administration and Safety Agency (NIMASA) has concluded plans to certify Officers and Ratings of the Nigerian Navy in line with the requirements of Standards of Training Certification and Watchkeeping (STCW). ...

July 25, 2016 No Responses

Auto Journalists Training: AUTOMEDICS Boss to Lecture Mechatronics, Auto Parts

As the annual capacity building workshop and training for the Nigeria Auto Journalists gather momentum, key speakers have lined up as facilitators for the event, which is expected to add value to the implementation of the nation’s auto policy. Key...

July 25, 2016 No Responses

FIFA President arrives in Nigeria

The President of Federation of International Football Association (FIFA) Gianni Infantino, yesterday arrived Abuja, Nigeria on an official visit. The President of world football –governing body, Gianni Infantino, and the Secretary General, Fatma Samoura...

July 24, 2016 No Responses

CBN direct banks to sell forex to BDCs

By Moses Ebosele – AS part of measures to ensure stability of the Exchange rate, the Central Bank of Nigeria (CBN) has directed agent banks approved for international money transfer operators to sell foreign currency accruing from inward money remittan...

July 24, 2016 No Responses

LCCI partners German counterpart on trade, investment

By Moses Ebosele – The Lagos Chamber of Commerce and Industry (LCCI) has signed a Memorandum of Understanding (MOU) with Delegation of German Industry and Commerce in Nigeria (DGIC) as part of measures to boost trade, investment and knowledge transfer....

July 24, 2016 No Responses

Minister seeks BBC, FRCN partnership

By Moses Ebosele – The Minister of Information and Culture, Alhaji Lai Mohammed, has stressed the need for a robust partnership between the British Broadcasting Corporation (BBC) and the Federal Radio Corporation of Nigeria (FRCN). According to th...

July 24, 2016 No Responses

Munich shooting: ‘Attacker researched rampage killings’

(CNN)—The teen gunman who killed nine people in a shooting rampage in Munich on Friday was a mentally troubled individual who had extensively researched spree killings and had no apparent links to ISIS, police said. Speaking at a press conference...

July 23, 2016 No Responses

Jaguar’s first SUV settles in Nigeria

By Moses Ebosele – Barely one week after a successful media trial in Port Elizabeth, South Africa, sensational Jaguar F-Pace Sports Utility Vehicle (SUV) has officially settled in Nigeria. F-Pace is the first SUV from the Jaguar lineage and is....

July 23, 2016 No Responses

Kia zooms past Daimler on list of top advert spenders

A new survey conducted by Automotive News has revealed that Auto Companies are shifting their advertisement from traditional media to online platforms because of its effectiveness and ability to reach large audience without hinderance. Indeed, Kia Motors Cor...