Nigeria Archives — Page 457 of 672

April 20, 2018 No Responses

EIB, AfDB To Support Private Sector Investment In Nigeria With $50m

The European Investment Bank and the African Development Bank have agreed to support the creation of the new Development Bank of Nigeria to strengthen lending for business and agriculture investment in the country. The European Investment Bank has finalized a...

April 20, 2018 No Responses

US-Nigeria Trade Council Appoints Ibanga, Oyefeso Advisory Board members

The US-Nigeria Trade Council, USA, has announced the appointment of two new Advisory Board members to provide leadership and overall guidance and direction, in the programmes, policy and strategic efforts to improve the trade traffic between US and Nigeria. ...

April 20, 2018 No Responses

New Jaguar XE, XF Get 300 Sport Trim

Jaguar has unveiled a new 300 Sport trim for the XE and XF, though the availability of the trim in the United States remains unknown. Introduced for 2019 and designed for models equipped with the standard 2.0-liter turbocharged inline-4, the...

April 20, 2018 one Response

Dana Air Begins Owerri-Abuja flights May 1

As part of its strategic route expansion drive across Nigeria, Dana Air has announced plans to introduce Owerri- Abuja –Owerri flights on May 1. ”We are greatly delighted to introduce an additional flight on our Owerri route, connecting Owerri to...

April 19, 2018 No Responses

SIFAX Group wins Warri Port Terminal Concession

The SIFAX Group-led consortium, Ocean and Cargo Terminal Services Limited, has been declared the preferred bidder of Terminal B, Warri Old Port. In a statement, the company said:“At a well-attended meeting (on Wednesday), at the Conference Room of the Bure...

April 19, 2018 No Responses

FG Probes National Assembly Invasion

The Federal Government has expressed shock at the invasion of the National Assembly and the subsequent snatching of the Senate mace by thugs on Wednesday. In a statement issued in Abuja on Wednesday, the Minister of Information and Culture, Alhaji Lai Moham...

April 19, 2018 2 Responses

Buhari: Trade, Investment Key To Sustainable Development Among Commonwealth Nations

President Muhammadu Buhari has identified Trade and Investment Facilitation as key to sustainable development and ease of doing business and regional integration among Commonwealth countries. He also cited expanded markets with safeguards against injurious tra...

April 18, 2018 No Responses

South Africa, KCT Seal Agenda For New Terminal

South Africa’s Transnet National Ports Authority (TNPA) has signed a deal with KwaZulu Cruise Terminal (KCT) that will see the delivery of a new cruise facility in the Port of Durban by October 2020. Under the agreement, signed between the parties on Apr...

April 18, 2018 No Responses

Wema Bank Introduces Agent Banking in Bauchi

Wema Bank Plc has introduced its agent banking service in Bauchi as it seeks to deepen its retail footprint across informal economic sectors of the country. Agent Bank is a cost-effectivemedium employed by Banks to provide financial access to unbanked,...

April 17, 2018 No Responses

Buhari: I Am Bothered More About Security, Economy

The three-pronged focus of the current administration resonated through the conversation, as President Muhammadu Buhari held a bilateral meeting with British Prime Minister, Theresa May on Monday at 10, Downing Street, London. “We campaigned on three major...

April 17, 2018 No Responses

Nigerian Air Force Trains Pioneer Pilots For Liberian Armed Forces

The Nigerian Air Force (NAF) has winged two Liberian pilots, who are the first set of pilots to be trained for the Liberian Armed Forces thereby strengthening the long-standing relationship between Nigeria and Liberia. The Liberian pilots had their....

April 17, 2018 No Responses

CMA CGM to Operate Lekki Port’s Container Terminal

French container shipping giant CMA CGM and Lekki Port LFTZ Enterprise have signed a Memorandum of Agreement to operate Lekki Port’s future container terminal. CMA CGM, through its subsidiary CMA Terminals, will be responsible for marketing, operations an...

April 16, 2018 No Responses

Lee Engineering Unveils $100M Fabrication Plant In Warri

Lee Engineering and Construction Company, one of Nigeria’s indigenous oil serving companies, has established a $100 million fabrication plant in Warri, Delta State to meet the fabrication needs of multinational companies in the oil and gas sector. Chief (D...

April 16, 2018 No Responses

Oando Shareholders Seek Adeosun’s Sack Over Alleged Interference

Shareholders of Oando Plc, at the weekend urged President Muhammadu Buhari to immediately sack the Minister of Finance, Mrs. Kemi Adeosun over alleged “unwholesome interference” in the nation’s capital market and “for unnecessarily meddling” with the...