Nigeria To Finalise $2b Rail Projects With General Electric
Ahead of President Muhammadu Buhari visit to the United States on Monday, senior officials of the Ministry of Transportation are to meet with the General Electric led consortium to discuss...
View ArticleGrimaldi Okays $400m For Six RoRos
The Grimaldi Group from Italy has ordered the construction of six RoRo vessels from the Chinese Jinling shipyard. The sextet, worth USD 400 million, is scheduled for delivery in 2020, and forms part of...
View ArticleClik here to view.
FCMB Group Reports Q1 2018 Results – Pre-provision Profits Declined by 24% Q0Q
April 27, 2018/FBNQuest Research Event: FCMB Group reports Q1 2018 results Implications: Limited revisions to consensus 2018 PBT forecast. Positives: PBT grew by 64% y/y, driven by strong double-digit...
View ArticleWema Bank Deposit appreciate By 20.29% In Q1 2018
Wema Bank PLC at the weekend said it achieved a deposit growth of 20.29% to N306.09 billion (Dec. 2017; N254.46 billion). This is contained in a notice to the Exchange that interest expense declined by...
View ArticleGhana:Financial and Insurance contributions to GDP slump in 2017
Even though their umbrella sector – services – remains the largest contributor to GDP in the country, holding 56.2 percent of economic activities, the financial and insurance subsectors saw a drop in...
View ArticleMinister Condoles With Oyo, Sokoto States Over Officials’ Deaths
The Minister of Information and Culture, Alhaji Lai Mohammed, has described as untimely and shocking the recent deaths of the Speaker of the Oyo State House of Assembly, Rt. Hon. Michael Adeyemo, and...
View ArticleMelaye Recall Fails, As Only 5.34% signatures Were Verified By INEC
The plan to recall the Senator representing Kogi West Senatorial District, Dino Melaye, has failed after the verified signatories to the petition for his recall fell short of requirements. The result...
View ArticleRecall: Melaye thanks constituents for ‘rising to his defence’
PRESS RELEASE–-Senator Dino Melaye has thanked the people of his constituency for “rising to his defence” by shunning the verification held on April 28 to recall him from the Senate. Melaye, in a...
View ArticleRwand Air Extends To Abuja With Four Weekly Flights
Rwand Air has flagged-off its Abuja-Kigali flights, offering passengers from Nigeria’s political capital opportunity to connect to its global route network. This is in addition to the daily...
View ArticleEdo, Lagos To Host 11 World Bank Executive Directors
Plans have been concluded for eleven senior World Bank officials to visit Edo and Lagos states and the Federal Capital Territory, Abuja, on an impact assessment tour of the bank’s developmental...
View ArticlePhoto News: Buhari, Dangote in Washington D.C.
President Muhammadu Buhari (right) and Africa’s richest man, Alhaji Aliko Dangote, shortly after the president’s arrival in Washington D.C., the United States (U.S.)…on Sunday.
View ArticleBuhari arrives Washington to hold talks with Trump, others
President Muhammadu Buhari, on Sunday, arrived Washington D.C., ahead of his four-day working visit to the United States (U.S.). The presidential aircraft carrying President Buhari and members of his...
View ArticlePDP to Bello: N5bn you wasted to recall Melaye would have paid two-month...
The Peoples Democratic Party (PDP) in Kogi State has accused Governor Yahaya Bello of wasting over N5 billion public fund on his failed plot to recall the Senator representing Kogi West Senatorial...
View ArticleKogi APC Chair: Ghost voters initiated Dino Melaye’s recall
PRESS STATEMENT BY KOGI STATE CHAIRMAN OF THE APC- ALHAJI HADDY A. AMETUO, IN LOKOJA ON SUNDAY THE 29TH OF APRIL, 2018. On Saturday the 28th of April, 2018, the recall process initiated by some ghost...
View ArticlePDP Condemns APC’s Attack On Senator Urhoghide
The Peoples Democratic Party (PDP) condemns as completely inexcusable the attack on Senator Matthew Urhoghide by unruly All Progressives Congress (APC) youths at the Benin Airport on Friday. We are...
View ArticleDenrick Moos Joins Port & Cargo As MD
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...
View ArticleArik 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,...
View ArticlePanasonic To Pay $280m Corruption Fine
Japanese electronics giant Panasonic has agreed to pay more than $280m (£203m) to resolve charges brought under US anti-corruption law. The US said the firm’s in-flight entertainment division hired...
View ArticleNigeria Customs Generates N11.6billion In Q1 2018
The Nigeria Customs Service (NCS), Murtala Muhammed International Airport (MMIA), Lagos Command said it earned N11.6billion in the first quarter (Q1$ of 2018. This is contained in a statement...
View ArticleNAICOM Refutes Report Of Sanctioning 14 Firms Over Non Submission Of 2017...
BY NKECHI NAECHE—–National Insurance Commission (NAICOM) on Tuesday debunked report by the media that it has sanctioned 14 insurance companies for failing to submit their 2017 financial accounts. The...
View Article