Ecobank Unveils Unified Digital Payment Solution

Ecobank Unveils Unified Digital Payment Solution

A multi-featured digital payment solution, Ecobank Pay, is now available from Ecobank Nigeria. Ecobank Pay is built as a core part of Ecobank’s digital financial services ecosystem approach and will deliver unified and instant self-service across a range of interconnected...
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CFAO NIPEN Declares N6.9b Revenue, Seeks More Opportunities For Manufacturing Sector

CFAO NIPEN Declares N6.9b Revenue, Seeks More Opportunities For Manufacturing Sector

A manufacturing subsidiary of CFAO Nigeria Plc, the Nigerian Ball-Point Pen Industries Plc, (NIPEN) has announced a revenue of N2 billion for the year ended December 31, 2016.   Speaking at the company’s 42nd Annual General Meeting in Lagos, the...
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FAAN Adopts Digital Payment  System

FAAN Adopts Digital Payment System

As part of measures to tackle financial leakages, the Federal Airports Authority of Nigeria (FAAN) has adopted digital payment system.     The development is also designed to ease payment, create payment options and improve its speed and convenience.  The ...
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Photo News

Photo News

Minister of Transportation, Mr. Rotimi Amaechi;  Minister of Finance , Mrs. Kemi Adeosun and Minister of Information, Lai Mohammed, at the Federal Executive Council meeting presided over by  Vice President Yemi Osinbajo at the Council Chambers of the Presid...
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John Deere Unveils Agenda For Assembly Plant In Nigeria, Targets 10,000 Tractors

John Deere Unveils Agenda For Assembly Plant In Nigeria, Targets 10,000 Tractors

A tractor manufacturing company, John Deer, has unfolded agenda for an assembly plant in Nigeria.    According to the company, the Assembly Plant is expected to generate jobs and produce 10,000 tractors in four years.   The company unveiled the...
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Looted Fund: Nigeria To Get $500m From U.S.

Looted Fund: Nigeria To Get $500m From U.S.

The United States is finalising plans to repatriate more than $500 million (about N190 billion) looted money to Nigeria, Attorney-General and Minister of Justice Abubakar Malami has  said. He told the News Agency of Nigeria (NAN) in Washington, DC, that he.....
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Nigeria Bans Cough Syrup With Codeine

Nigeria Bans Cough Syrup With Codeine

Nigeria has announced a ban on the production and import of cough syrup containing codeine after a BBC investigation into its role in an addiction epidemic. A health ministry spokesman told the BBC remaining stocks in shops could be sold...
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Minister Seeks MDAs’ Cooperation For Tourism Development

Minister Seeks MDAs’ Cooperation For Tourism Development

The Minister of Information and Culture, Alhaji Lai Mohammed, has called for cooperation among the various Ministries, Departments and Agencies (MDAs) in the generation of relevant data that will assist inmaking policies and planning decisions for the develo...
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Labour Day: Saraki Pledges To Mobilise Lawmakers For Improved Welfare For Workers

Labour Day: Saraki Pledges To Mobilise Lawmakers For Improved Welfare For Workers

President of the Senate,  Bukola Saraki, on Monday saluted the resilience, dedication and contributions of Nigeria workers to national development pledging to mobilize the National Assembly for improved welfare for Nigerian workers.  Saraki in a statement by...
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Trump, Buhari Deflect Controversial Question

Trump, Buhari Deflect Controversial Question

United States President Donald Trump’s reported disparaging of African countries did not come up in his talks with Nigeria’s president, the two leaders have said. Muhammadu Buhari sidestepped a reporter’s question about Mr Trump’s alleg...
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Arik Air Debuts At Bauchi Airport May 9

Arik Air Debuts At Bauchi Airport May 9

Plans have reached an advanced stage by Arik Air to commence flight operations from its base at the Murtala Muhammed Airport (MMA), Lagos to Bauchi Airport.  The airline in a statement by Mr. Banji Ola, its spokesman said that the...
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Ports & Cargo Appoints Denrick Moos Managing Director

Ports & Cargo Appoints Denrick Moos Managing Director

Ports & Cargo Handling Services Limited, concessionaire and operator of Terminal C, Tin Can Island Port, Lagos, and subsidiary of SIFAX Group, has appointed Mr. Denrick Moos as its new Managing Director. Moos is a Masters degree holder in Maritime...
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Customs Generates N11.6b In Q1 At Lagos Airport, Impounds Military Camouflage, others

Customs Generates N11.6b In Q1 At Lagos Airport, Impounds Military Camouflage, others

The Nigeria Customs Service (NCS), Murtala Muhammed International Airport (MMIA), Lagos Command earned N11.6b in the first quarter of 2018. This is as the command also made several seizures including military camouflage uniforms, bullet proof jackets, militar...
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Honda, Mazda issue profit warnings

Honda, Mazda issue profit warnings

Two Japanese automakers, including Honda Motor, issued profit warnings for the current financial year on worries a stronger yen would erode their operating earnings, wiping out the impact of record high global vehicle sales.   The outlook highlights fears of....
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