China Harbour stakes $86.8m for NPA’s equity in Lekki Deep Seaport

China Harbour stakes $86.8m for NPA’s equity in Lekki Deep Seaport

The proposed agenda to concession Lekki Deep Seaport has assumed a new dimension as China Harbour Engineering Company (CHEC) indicates interest  to stake $86,810,000.00 for the balance of Nigerian Ports Authority (NPA) equity.   The development is coming less than...
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Transcorp redesigns executive floors, lounge

Transcorp redesigns executive floors, lounge

Transcorp Hotels Plc has announced the reopening of the Executive Floors and Lounge of its flagship Transcorp Hilton Abuja.  The reopening marks a milestone in the on-going $100 million renovation project of the historic and award winning 5-star hotel, leadin...
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Bridge Concept leverage UBA digital banking platforms, unveils Naija Green Card

Bridge Concept leverage UBA digital banking platforms, unveils Naija Green Card

 In line with its business objective of enabling young Nigerians and students to derive maximum benefits from their limited finances, Bridge Concepts Limited has announced its partnership with the pan African Financial institution, United Bank for Africa (Plc...
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‘Osotimehin was a pillar, mentor to Future Assured Programme’

‘Osotimehin was a pillar, mentor to Future Assured Programme’

Wife of the President, Mrs. Aisha Buhari has described the late Prof. Babatunde Osotimehin, as a pillar and mentor who has supported her struggle towards improving the lives of women and children in Nigeria.   She made the statement through...
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NPA Photo News

NPA Photo News

MD, NPA Hadiza Bala Usman (left); the Comptroller General Of Customs, Col. Hameed Ali (Rtd.) (middle) and Executive Director, Marine and Operations, NPA, Dr. Sokonte Huttin Davies (right) during the stakeholders meeting on the implementation of the Executive O...
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South Africa falls into recession

South Africa falls into recession

(BBC) South Africa has fallen into recession for the first time in eight years after economic growth shrank by 0.7% between January and March. The downturn, due to weak manufacturing and trade, follows a 0.3% fall in GDP in the...
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‘Nigeria’s maritime sector, haven of opportunities for investors’

‘Nigeria’s maritime sector, haven of opportunities for investors’

The Minister of Transportation, Rotimi Amaechi has stated that the Nigerian maritime sector is a haven of opportunities for the world maritime industry to tap into.  The Minister who made this known while speaking at the “Africa @ Nor” session...
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Toyota maintains position as most valuable car brand worldwide

Toyota maintains position as most valuable car brand worldwide

Again, Toyota has emerged the world’s most valuable car brand in a new ranking, holding off BMW, Mercedes-Benz and Tesla.   According to the BrandZ  top 100 most valuable global brands study released by market researcher Kantar Millward Brown, Toyota.....
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FG N140b Social Investment Programme begins in Edo

FG N140b Social Investment Programme begins in Edo

The Edo State chapter of the federal government’s Social Investment Programme (SIP), which offers micro credit to market women and men, cooperatives and traders’ associations, artisans, small-scale farmers, small business owners and youths across the 18 Lo...
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Saudi Arabia revokes Qatar Airways’ licence

Saudi Arabia revokes Qatar Airways’ licence

Saudi Arabia’s aviation authority has formally withdrawn Qatar’s licence to land and fly in the country. Saudi’s General Authority of Civil Aviation also ordered its offices to to be closed within 48 hours. In a statement, the authority also ...
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Photo News

Photo News

Director General of Bureau of Public Enterprises (BPE) , Mr. Alex A. Okoh (left)  during  a courtesy visit to the Governor of Central Bank of Nigeria, Mr. Godwin Emefiele, on Tuesday.
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‘Innoson, a trail blazer in automotive industry’

‘Innoson, a trail blazer in automotive industry’

The Minister of Information and Culture, Alhaji Lai Mohammed, has described the Innoson Vehicle Manufacturing Company Limited as a trail blazer in Nigeria’s automotive industry. The Minister made the remarks in Nnewi, Anambra State, on Monday when he ...
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SEC to revoke registration of 400 professionals

SEC to revoke registration of 400 professionals

The Securities and Exchange Commission (SEC) is to revoke the registration of about 400 Capital Market Experts or Professionals who do not comply with the directive to provide updated information of their companies/firms by July 31, 2017.    According to...
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Exxon Mobil, Taleveras, Ophir win Equatorial Guinea Oil Blocks

Exxon Mobil, Taleveras, Ophir win Equatorial Guinea Oil Blocks

Exxon Mobil has signed Production Sharing Contract with Equitorial Guniea for Oil acreage E.G.-11, hereby heading the list of acreage winners in Equatorial Guinea’s latest licensing bidding round.   Winners were revealed on Monday by Equatorial Guinea&#...
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