South African Airways faces bankruptcy

South African Airways faces bankruptcy

South African Airways (SAA) is on the edge of bankruptcy,  information made available to the  country’s parliament has revealed.    According to the BBC, “The national carrier may soon be unable to pay salaries”, adding, “The cash-flow statement shown to...
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NPA commissions 24-hour emergency clinic

NPA commissions 24-hour emergency clinic

As part of measures to ensure effective implementation of the Executive Order concerning the ease of doing Business at Ports, the Management of the Nigerian Ports Authority (NPA) has commissioned a 24 hour emergency clinic to cater for health concerns....
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Unilever Photo News

Unilever Photo News

L – R shows Mr. Femi Onifade, Head, International Primary Markets, The Nigerian Stock Exchange (NSE); Mr. Oscar N. Onyema, OON, Chief Executive Officer, NSE; Mr. Yaw Nsarkolu, Managing Director, Unilever Plc; Mr. Willie Sam Ndata, Doyen of Stockbrokers and.....
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NSE gets CSR award

NSE gets CSR award

The Lagos Chamber of Commerce and Industry (LCCI) has honoured the Nigerian Stock Exchange (NSE) with Corporate Social Responsibility (CSR) of the Year Award.     Speaking at the  Commerce & Industry Awards 2017 ,  Muda Yusuf, Director General of the....
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NICIS II: Customs Tincan Island Command begins training of officers

NICIS II: Customs Tincan Island Command begins training of officers

The full automation and computerization of customs processes and procedures has received a further boost with the commencement of training of officers/men for the advanced stage of automation of NICIS II in line with the effort of the Service to...
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Lagos begins expansion of airport road in September

Lagos begins expansion of airport road in September

The Lagos State Government is to commence work on the proposed expansion and reconstruction of Oshodi-International Airport Road in September, this year.    Speaking on Wendesday at the third quarterly town hall meeting held at the Badore Ferry Terminal, the...
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IMF: Economic backdrop in Nigeria remains challenging

IMF: Economic backdrop in Nigeria remains challenging

The economic backdrop in Nigeria remains challenging, despite some signs of relief in the first half of 2017, International Monetary Fund (IMF), has said.   At the end of a visit to Nigeria, IMT team led by Amine Mati, Senior...
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Ecobank unveils “double your target saving” Promo

Ecobank unveils “double your target saving” Promo

Ecobank Nigeria has unveiled a “Target Savings Promo”, giving customers the opportunity to win double their savings in the bank within  a specified period. The promo tagged, Double Your Target Savings Promo is intended for customers who want to build...
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NSE Photo News

NSE Photo News

L – R: Ayodele Kayode, Partner, Conrad Clark Nigeria Limited; Martha Omamegbe, Licensing and Relationship, The Nigerian Stock Exchange (NSE); Tinuade Awe, Head of Regulation and General Counsel, NSE; Joachim Adenusi, Partner, Conrad Clark Nigeria Limited; Ol...
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Osinbajo in Kebbi, inaugurates N10b rice mill

Osinbajo in Kebbi, inaugurates N10b rice mill

The Acting President, Prof Yemi Osinbajo on Tuesday commissioned N10billion rice mill in Kebbi State, regarded as the largest in Africa.   The WACOT Rice Mill, which is privately owned, is capable of processing over 120,000 metric tonnes annually.  ...
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NLNG seeks human capital development in oil, gas industry

NLNG seeks human capital development in oil, gas industry

Nigeria LNG Limited (NLNG) has urged engineers in the country’s oil and gas sector to continuously strive to acquire and demonstrate cutting-edge competence which would enable Nigeria fully harness the vast natural resources and grow the nation’s economy. ...
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Dakuku: Africa set to tackle piracy, other maritime crimes

Dakuku: Africa set to tackle piracy, other maritime crimes

The Chairman of the Association of African Maritime Administrations (AAMA) Dr. Dakuku Peterside has stated that Maritime Administrations (MARADs) in Africa are set to tackle the twin issue of piracy, sea crime and illegal migration in the continent.   The...
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Comply with waterways laws within 7 days, Lagos tells boat operators, dredgers

Comply with waterways laws within 7 days, Lagos tells boat operators, dredgers

The Lagos State Government has issued a seven-day ultimatum to boat operators, dredgers and stakeholders in the inland waterways sector to comply with laws regulating their operations or be ready to face sanctions.   Speaking at a press  conference in Lagos...
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BMW records 21,965 sales in July

BMW records 21,965 sales in July

Sales of BMW brand vehicles decreased 14.8 percent in July for a total of 21,965 compared to 25,777 vehicles sold in July 2016. Year-to-date, the BMW brand is down 4.6 percent in the U.S. on sales of 171,051 vehicles compared...
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