Nigeria Archives — Page 481 of 590

May 7, 2017 No Responses

Buhari to receive freed 82 Chibok girls

Boko Haram group have released 82 schoolgirls from a group of 276 they abducted in north-eastern Nigeria three years ago, the president’s office says. They were handed over in exchange for Boko Haram suspects after negotiations. The girls will be...

May 6, 2017 No Responses

Brake malfunction investigation underway for Nissan Muranos

The United State safety regulators are conducting a preliminary investigation into complaints of faulty brakes in the 2009 Nissan Murano line. The inquiry covers 110,000 Murano crossovers, the Associated Press reported. The National Highway Traffic Safe...

May 6, 2017 No Responses

‘MoU between NCAC, BoI to create 200,000 Jobs’

The Minister of Information and Culture, Alhaji Lai Mohammed, has said the Memorandum of Understanding (MoU) between the National Council for Arts and Culture (NCAC) and the Bank of Industry (BoI), which makes available 300 million Naira loan for stakeholde...

May 6, 2017 No Responses

Group unveils project “Touch a life today”

The Global Initiative for Peace, Love and Care (GIPLC) has launched a new initiative, Project ‘Touch a life’. The GIPLC, which is expected to cater for about 1000 patients, in 3 states, over 3 weeks, kickoff on April 25th and...

May 5, 2017 No Responses

Shippers Council unveils agenda for Truck Transit Park, Container Depot in Edo

Edo State Governor, Mr. Godwin Obaseki has indicated his administration’s readiness to support the Nigeria Shippers Council (NSC) to establish an Inland Container Depot and a Truck Transit Terminal, which would facilitate diversity in economic activities. ...

May 5, 2017 No Responses

SEC appoints interim Board for Ikeja Hotels

The Securities and Exchange Commission (SEC) has announced the dissolution of the board of Ikeja Hotels Plc due to unresolved internal crisis involving some majority shareholders of Ikeja Hotels Plc The Commission said this proactive measure has become neces...

May 5, 2017 No Responses

UBA revolutionises mobile payments with *919# magic banking

In line with its determination to dominate Africa’s mobile banking space with the introduction of cutting edge technology-driven products and services, United Bank for Africa (UBA) Group, leading African financial institution, has introduced a full-fledg...

May 5, 2017 No Responses

Critical role of Seaports in economic development, by NPA boss

The strategic role of ports in economic development is that they function as gateways to international trade and are regarded as major accelerators of local economic development, the Managing Director of Nigerian Port Authority (NPA), Hadiza Bala Usman has sai...

May 4, 2017 No Responses

NPA deploys $30m tug boats, reiterates commitment to operational efficiency

Citing need for greater operational efficiency at the nation’s Seaports, the Nigerian Ports Authority (NPA) on Wednesday in Lagos commissioned four new tug boats valued at $30 million. Christened Mt. Daura, Mt. Ubima, Mt. Uromi and Mt. Majiya, the...

May 4, 2017 No Responses

Presco emerges winner of CSR award

Presco Plc has emerged winner of Corporate Social Responsibility (CSR) agriculture award for the year 2016 and 2017. At a colourful ceremony held on Wednesday in Lagos, Presco Plc was announced winner ahead of other nominees such as British...

May 4, 2017 No Responses

Ecobank to sack more workers

Inline with plans to close some branches, Eco Bank has resolved to sack more of its workers. Under the arrangement, Eco Bank is to step up its digital platforms as part of measures to cut cost and ensure efficiency....

May 4, 2017 No Responses

FPSO vessel to berth at LADOL’s multi-purpose facility in September

Arrangements are in top gear to receive Egina Floating Production Storage and Offloading (FPSO) Vessel at Lagos Deep Offshore Logistics Base (LADOL) facility in September. FPSO is a floating vessel located near an oil platform, where oil is processed...

May 4, 2017 No Responses

Fero Mobile begins nationwide activation campaign

Following the successful launch of its mobile phones into the Nigerian market, Fero Mobile has embarked on a nationwide activation campaign to showcase the full range of its affordable devices to consumers. The brand will be visiting ICT markets, shopping...

May 3, 2017 No Responses

CBN sanctions First Bank, GTB, others over alleged forex infractions

The Central Bank of Nigeria (CBN) on Tuesday barred 15 commercial banks from dealing in foreign exchange through the recently created Small and Medium Enterprises (SMEs) wholesale forex window. According to the CBN, the decision which is with immediate effec...