Nigeria Archives — Page 429 of 673

August 1, 2018 No Responses

Jaguar Land Rover Blames £264m Loss On Multiple Challenges

Jaguar Land Rover (JLR) has reported a loss for the first time in three years after sales slowed in China. The UK’s biggest car firm, which is owned by India’s Tata Motors, blamed the setback on “multiple challenges”. This included...

August 1, 2018 No Responses

Presco MD Emerges Winner Of 2018 ‘Achiever In Agriculture’ Award

The Managing Director of Presco Plc, Mr. Felix Nwabuko has emerged winner of the 2018 Achiever in Agriculture award. Receiving the award, at a colourful ceremony, in Abuja, on Tuesday night, Nwabuko Predicted Sustained Growth in the sector across the...

August 1, 2018 No Responses

Globe Motors Unveils Assembly Plant In Lagos

Foremost automobile marketing company in Nigeria, Globe Motors has started production of Hyundai and Higer brands of vehicles in its assembly plant in Lekki, Lagos. Located along Eleko-Ibeju-Lekki area of Lagos, the plant for now, has an installed cap...

August 1, 2018 No Responses

Heritage Bank Wins 2018 Agric Bank Award, Explains Support For MSMEs

Moses Ebosele, ebosele@hotmail.com – Heritage Bank Plc has emerged winner of Agriculture Bank of the year 2018. At a colorful ceremony held at the Sheraton Hotels and Towers, Abuja on Tuesday Night, members of the committee of Nigeria Agricultur...

August 1, 2018 No Responses

NSE Photo News

L – R shows Mr. Bola Adeeko, Head, Shared Services Division, The Nigerian Stock Exchange (NSE); Mr. Oscar N. Onyema OON, Chief Executive Officer, NSE; Mr. Andrew Alli, Immediate Past President and Chief Executive Officer of Africa Finance Corporation (AFC).....

July 31, 2018 No Responses

Overland Airways Increases Abuja-Jalingo Frequencies To Six

Overland Airways has increased its flight services from Abuja to Jalingo airport to six weekly from its initial three. The airline explained that the flights would regularly depart Abuja to Jalingo at 11 a.m. daily except Saturdays while flights out...

July 31, 2018 No Responses

Buhari Seeks Increased Inter-Regional Collaboration

President Muhammadu Buhari Monday in Lome made a strong appeal for inter-regional collaboration on maritime security, the fight against terrorism and other crimes through effective border control. The President made the call while contributing to the conside...

July 31, 2018 No Responses

Tincan Island Customs Generates N162.7B In Six Months

Between January and June this year, Tincan Island Command of the Nigeria Customs Service generated a total of N162.7Billion, higher than N130.1Billion generated in the corresponding period of 2017 with N32.6Billion. This declaration was made by the Customs ...

July 31, 2018 No Responses

Transcorp Hotels Declares N8.1b Turnover, N1.38b Profit In Six Months

For the period ended June 30th, 2018, Transcorp Hotels Plc has announced turnover of N8.01billion. The Group also ended the period with profit after Tax of N1.38billion, representing 83% year-on-year growth over N760million in Half Year 2017. A stateme...

July 31, 2018 No Responses

CCNN Appoints Gwadabe,Abubakar,Gandi Board Members

Cement Company of Northern Nigeria (CCNN) has announced the appointment of Senator Khairat Abdulrazaq-Gwadabe and Shehu Abubakar as Independent Directors and, Abbas Ahmad Gandi as a Non-Executive Director to its board effective July 12, 2018. The appointment...

July 31, 2018 No Responses

Diamond Bank Records N2.2B Profit After Tax In Six Months

Diamond Bank has released its second quarter unaudited financial report for the period ended June 30, 2018 to the management and stockbrokers of the Nigerian Stock Exchange (NSE), emphasising its strong focus on the Nigerian market, especially the retail busi...

July 31, 2018 No Responses

Naira Weakens Against Dollar At Parallel Market

The Naira on Monday weakened marginally against the dollar at the parallel market, the News Agency of Nigeria (NAN) reports. The Nigerian currency exchanged at N358.3, weaker than N358 traded on Friday, while the Pound Sterling and the Euro closed...

July 31, 2018 No Responses

BA Extends Summer Fare Offer For Nigerian passengers

British Airways has extended the ‘BA Promo for Two” summer fare offer for its Nigerian passengers departing from either Abuja or Lagos to London in United Kingdom. The airline said that it extended promo, which commenced last week due to...