Tag: News

Shareholders laud UBA’s Q3 results
October 19, 2015 No Responses

Shareholders laud UBA’s Q3 results

CITING what they described as ‘favourable indices’, shareholders at the weekend commended the board, management and staff of UBA for the results attained in Q3. Speaking with CityBusiness News in Lagos, the shareholders emphasized the need for the bank to sustain...
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BVN hits 20 million
September 14, 2015 No Responses

BVN hits 20 million

LESS than 47 days to the second deadline of October 31, 2015, the  Biometric Verification Number (BVN) project has recorded  20-million mark. Meanwhile, three of the four major telecommunications giant- Etisalat, Airtel and MTN Nigeria have indicated interes...
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First Bank unveils new products for schools
September 14, 2015 No Responses

First Bank unveils new products for schools

New products aimed at supporting school operators and entrepreneurs  has been unveiled by the management of First Bank of Nigeria Limited. According to the bank, the product are: FirstEdu Loan, Operational Vehicle Loan, Commercial Mortgage and Personal Loan a...
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New customs CG pledges to enhance capacity, generate more revenue
September 11, 2015 No Responses

New customs CG pledges to enhance capacity, generate more revenue

THE new Comptroller-General of Nigeria Customs Service (NCS)  Col. Hameed Ibrahim Ali (Rtd) has pledged to  undertake reforms and re-structuring as part of measures to  enhance capacity and  generate more revenue. The Comptroller-General stated this in Abu...
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Agents to shut down Lagos ports over restriction of trucks
September 11, 2015 No Responses

Agents to shut down Lagos ports over restriction of trucks

The Association of Nigerian Licensed Customs Agents (ANLCA)  has  threatened to shut down  Lagos ports over restriction order on movement of trucks within the metroplolis In a statement issued  by the National Publicity Secretary of the association, Mr Kay...
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NIMASA Partners British Military On Capacity Building
September 9, 2015 No Responses

NIMASA Partners British Military On Capacity Building

The Nigerian Maritime Administration and Safety Agency (NIMASA) is to partner British Military in the area of  capacity building. Receiving a delegation from the British Military Advisory and Training Team (BMATT) led by Commander Shaun Quinn of the Royal Nav...
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NNPC to recover N1.5trillion over-deducted tax benefits from firms
September 7, 2015 No Responses

NNPC to recover N1.5trillion over-deducted tax benefits from firms

THE Federal Government through the Nigerian National Petroleum Cooperation (NNPC) has announced plans to recover $7billion (N1.5trillion) in over-deducted tax benefits from joint venture partners on major capital projects. NNPC has also appointed an accounting...
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Lagos restricts trailer movement
September 7, 2015 No Responses

Lagos restricts trailer movement

WORRIED by the chaotic state of transportation within the metropolis, the  Lagos State government has directed  law enforcement agencies to impound trailers and long vehicles plying the metropolis at day time. The state government explained that the directiv...
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Lawyer drags new Customs CG to court
September 4, 2015 No Responses

Lawyer drags new Customs CG to court

A lawyer based in Enugu,  Ifeanyichukwu Okonkwo has filed a suit at the Federal High Court Umuahia, Abia state challenging the constitutionality of the appointment of Col. Hameed Ibrahim Ali (rtd) as the Comptroller-General of the Nigeria Customs Service by.....
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Oliseh, player condols Enyeama
September 4, 2015 No Responses

Oliseh, player condols Enyeama

UPER Eagles coach, Sunday Oliseh has condoles captain  Vincent Enyeama over the death of his mother. He also used the opportunity to assure Nigerians that the team will excel in Tanxania as part of the 2017 Africa Nations Cup qualifier....
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FAAN arrests suspect with N54.3million
September 4, 2015 No Responses

FAAN arrests suspect with N54.3million

AN  officials of the Federal Airports Authority of Nigeria (FAAN) has arrested a suspect over alleged attempt to traffic  $271.14m (N54.35bn) through the Murtala Muhammed Airport, Ikeja. In a statement, the FAAN Deputy General Manager, Corporate Affairs,  O...
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Lawyer drags Buhari to Court over appointment of Ali as Customs boss
September 4, 2015 No Responses

Lawyer drags Buhari to Court over appointment of Ali as Customs boss

A lawyer based in Enugu,  Ifeanyichukwu Okonkwo has filed a suit at the Federal High Court Umuahia, Abia state challenging the constitutionality of the appointment of Col. Hameed Ibrahim Ali (rtd) as the Comptroller-General of the Nigeria Customs Service by.....
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Dangote Cement to Generate Jobs in Cameroon
September 4, 2015 No Responses

Dangote Cement to Generate Jobs in Cameroon

The Managing Director of Dangote Group, Onne Vander Weijde, has declared the preparedness of the company to create  about 150 to 300 jobs in Cameroon. In an interview with CNBC, he said: “Thousands of jobs are being created [indirectly] through...
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Warri refinery gets 90-day Ultimatum
September 4, 2015 No Responses

Warri refinery gets 90-day Ultimatum

THE Nigerian National Petroleum Corporation (NNPC) has challenged the management of Warri Refining and Petrochemicals Company (WRPC) to commenced full production within 90 days. Group Managing Director of NNPC, Dr. Ibe Kachikwu, who gave the ultimatum during ...
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