Naira Firms Up  Against Dollar At Parallel Market

Naira Firms Up Against Dollar At Parallel Market

The Naira on Wednesday gained 50 kobo to firm against the dollar at the parallel market in Lagos, the News Agency of Nigeria (NAN) reports  The Nigerian currency exchanged at N361 to the dollar, stronger than the N361.50 traded on...
read more
CBN Injects $210m Into Foreign Exchange Market

CBN Injects $210m Into Foreign Exchange Market

The Central Bank of Nigeria (CBN) on Tuesday injected 210 million dollars to meet customers’ requests in various segments of the foreign exchange market.  The acting Director, Corporate Communications, CBN, Mr Isaac Okorafor in a statement in Abuja said the...
read more
Audi A8 Gets 2018 Most Innovative Model Award

Audi A8 Gets 2018 Most Innovative Model Award

The Audi A8 is the most innovative model of the year 2018 and Audi is the most innovative premium brand in the “Autonomous driving and safety” category.   The “Center of Automotive Management” and consulting firm PricewaterhouseCoopers AG, who togethe...
read more
Okomu Holds First AGM In Benin

Okomu Holds First AGM In Benin

Governor of Edo State, Godwin Obaseki has assured Okomu Oil Palm Plc of   all necessary support.   Speaking at the  Pre-AGM  dinner in Benin City, Edo State, the Governor also commended resolve by the company to hold its first AGM...
read more
LAMOTRA Visits NPA Boss

LAMOTRA Visits NPA Boss

  Members of the Lagos Inland Water Marine, Oil and Gas Transporters Association(LAMOTRA) paid a courtesy visit to the Managing Director, of Nigerian Ports Authority (NPA), Hadiza Bala Usman  on Tuesday in Lagos .  They were received by the acting...
read more
Panel Recovers $7m, N2b Land, Part Of NPA’s Agura Hotel, Others

Panel Recovers $7m, N2b Land, Part Of NPA’s Agura Hotel, Others

 The Special Presidential Investigation Panel (SPIP) for the Recovery of Public Property has recovered seven million dollars  (N2.1 billion at official rate)  kept in Heritage Bank.  Chairman of the panel, Mr Okoi Obono-Obla, disclosed this while briefing ...
read more
Aduvie Students Shine In Microsoft Competition

Aduvie Students Shine In Microsoft Competition

Students of Aduvie International School, Jahi, Abuja have emerged champions in various National categories at 10th edition of the Annual Microsoft Office Specialist Competition, Computer Fundamentals and Adobe Certification which was concluded recently. More t...
read more
NLNG Hands Over 85 Entries To Advisory Board

NLNG Hands Over 85 Entries To Advisory Board

For the first time in the history of The Nigeria Prize for Science, sponsored by Nigeria LNG Limited (NLNG), the 2018 edition of the prize has received a record-breaking eighty-five (85) entries, from innovators and scientists in the electric power...
read more
“New Excise Duty Rates Not Targeted At Local Manufacturers”

“New Excise Duty Rates Not Targeted At Local Manufacturers”

The new excise duty rates approved by President Muhammadu Buhari on alcoholic beverages and tobacco are not  targeted at local manufacturers, the Ministry of Finance has declared.  In a statement on Sunday the Ministry explained that the new excise duty...
read more
Firm Unveils New RoRo Ship With 8,000 Capacity For Cars

Firm Unveils New RoRo Ship With 8,000 Capacity For Cars

Shipping firm Wallenius Wilhelmsen Ocean has expanded its fleet with the Neo-Panamax vessel MV Titus, capable of carrying 8,000 cars. Built at China’s CSIC Xingang shipyard, MV Titus is the first of a series of four Post-Panamax vessels with a...
read more
Tension As G7 summit Ends In Disarray

Tension As G7 summit Ends In Disarray

US President Donald Trump has retracted his endorsement of the joint communique issued at the end of the G7 summit, accusing Canada of “dishonesty”. He said that other countries were imposing “massive tariffs” on the US. The joint commu...
read more
Buhari Appoints Shonubi CBN Deputy Governor

Buhari Appoints Shonubi CBN Deputy Governor

President Muhammadu Buhari has approved the nomination of Mr. Folashodun Adebisi Shonubi as Deputy Governor at the Central Bank of Nigeria subject to Senate confirmation. Mr. Folashodun Shonubi is currently the Managing Director of the Nigeria Inter-Bank Settl...
read more
WFE Explains Renewed Focus On Growth In Capital Markets

WFE Explains Renewed Focus On Growth In Capital Markets

The World Federation of Exchanges (WFE) on Friday co-hosted  a symposium with the Shanghai Stock Exchange (SSE) on the future of global capital markets. Held in Shanghai, the event brought  together WFE members and industry stakeholders to focus on three...
read more
IATA Lists Dana Air On Ground Operations Manual Registry

IATA Lists Dana Air On Ground Operations Manual Registry

Dana Air has been announced as the latest African airline to be listed on the International Air Transport Association (IATA ) Ground Operations Manual (IGOM) registry. The International Grounds Operations Manual (IGOM) registry is for companies and airlines wh...
read more