– Inducted as Fellow of Nigerian Institute of International Affairs. The Chairman Senate Committee on Marine Transport, Senator Danjuma Goje has commended Dr Bashir Jamoh, OFR, for his sterling performance as the Director General of the Nigerian Maritime Administration and Safety Agency, NIMASA. Senator Goje, who spoke as …
Read More »President, African Development Bank, Adesina, loses mum
Madam Eunice O. Adesina, the mother of the President of the African Development Bank and former Minister of Agriculture of Nigeria, Dr. Akinwunmi Adesina, has passed onto glory, aged 92. Mr. Adesina announced the transition of Madam Eunice, in an emotion-laden tweet. He said: “My darling mother, Eunice O. Adesina …
Read More »Dangote Cement’s Carbon Disclosure Project climate rating upgraded to B
Dangote Cement Plc has had its Carbon Disclosure Project (CDP) rating raised from B- to B in recognition of the cement producer’s commitment to climate change. The rating upgrade indicates that Dangote Cement has addressed the environmental impact of its business and ensures good environmental management. This upgrade demonstrates the …
Read More »$547million generated from 5G auction, says Buhari; Applauds ICT sector for driving growth
President Muhammadu Buhari Tuesday in Abuja eulogized contributions of the digital economy in driving growth, creating employment and generating revenue for the country, saying auctioning of the 5G spectrum alone generated $547 million, further fueling options for funding development. President Buhari, accompanied by the Minister of Communications and Digital Economy, …
Read More »Sterling Bank launches MBN, set to showcase best of Nigeria at maiden fair
Lagos, Nigeria, 19, December 2022: As part of its commitment to the growth and development of Nigerian businesses and the economy, Sterling Bank Plc, Nigeria’s leading financial institution, has created the Made-By-Nigerians platform. The Made-by-Nigerians platform is a community designed to showcase the best products and services made by Nigerians, …
Read More »Envoy, govs market Nigeria’s investment opportunities in U.S.
By Cecilia Ologunagba Washington D.C., Dec. 16, 2022 Nigeria’s Ambassador to the U.S., Dr (Mrs.) Uzoma Emenike, has reassured potential U.S. investors of the rich investment opportunities in Nigeria. Emenike gave the assurance at the “Presidential Dialogue: U.S.-Nigeria Business and Investment Forum Business Roundtable with President Muhammadu Buhari,” on Friday …
Read More »Buhari tells Corporate America why Nigeria is the place to invest
President Muhammadu Buhari Friday in Washington DC asserted that Nigeria remains the best destination for American investors to put their money. According to the President, aside the population advantage in size and demography, various incentives and policies emplaced by the Nigerian Government make the country a destination of choice for …
Read More »Nestlé Nigeria Plc receives two awards at 16th SERAS CSR and Sustainability Awards
Nestlé Nigeria Plc recently in Lagos received two awards at the 16th SERAS CSR and Sustainability Awards – #theserasawards2022. The awards are Best Company in Rural Population Integration, and Best Company in Circular Economy. These awards, according to the frontline company, “validate the social impact Nestlé makes by improving livelihoods …
Read More »Dangote Cement shareholders approve 10% share buy-back programme
Shareholders of Dangote Cement, unanimously on Tuesday authorised the Management of the company to undertake a share buyback of up to 10 percent of its issued shares, effective from the date of the resolution. The company had earlier indicated an interest in undergoing a share buyback programme, in respect of …
Read More »Capacity development: 235 NSDP beneficiaries depart for India, Greece
-NIMASA working with countries of CoC mutual recognition- Jamoh. -Stakeholders urge beneficiaries to be good Ambassadors. NLNG employs 46 NSDP beneficiaries and still counting. The Nigerian Maritime Administration and Safety Agency NIMASA has sent forth 235 Nigerians to Indiaand Greece as batch B of the 435 young Nigerians …
Read More »Alleged N89.1trn stamp duty collection: Presidency defends Emefiele, says Kazaure’s cttee illegal
By Ismaila Chafe Abuja, Dec. 11, 2022 Presidency has dismissed as fake and untrue that the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, could not account for about N89.1 trillion the CBN collected as Stamp Duty charges. The News Agency of Nigeria (NAN) reports that a member …
Read More »Okowa, Wike, others must disclose spending of N625bn refunds in 7 days – SERAP
Socio-Economic Rights and Accountability Project (SERAP) has urged the nine oil producing states in Nigeria to “provide and widely publish details of spending of the oil derivation refunds of N625bn recently paid to them by the Federal Government, including details and locations of projects executed with the money.” The Federal …
Read More »How God called me to raise billionaire Christians – Olatayo
The founder of the Billionaire Christian movement, Mr. Olatayo Ajiboye had narrated how he was inspired by God to start training youths on the sound principles of prospering through establishing and running genuine businesses. Olatayo, a serial entrepreneur and chairman of Talentcity International Limited, traced his motivation to a call …
Read More »CBN’s cash withdrawal policy’ll enhance financial inclusion – Expert
By Ige Adekunle Sango-Ota (Ogun), Dec. 8, 2022 Dr Samuel Nzekwe, ex-president, Association of National Accountants of Nigeria (ANAN), says the new cash withdrawal policy of the Central Bank of Nigeria (CBN) would enhance financial inclusion and curb fraudulent practices. Nzekwe said this in an interview with the News Agency …
Read More »Nestlé Nigeria commissions a new Milk Collection Centre in Kaduna
On Tuesday December 6, 2022, the Honourable Commissioner for Agriculture, Kaduna State – Malam Ibrahim Hassaini inaugurated Nestlé Nigeria Milk Collection Center at the Ladugga Grazing Reserve in Kachia LGA, Kaduna State. This milestone brings the milk collection and cooling capacity of Nestlé’s Dairy Development Program to 3000trs/day in Ladduga …
Read More »NIMASA wins Taxation Institute Award as Jamoh bags 2022 outstanding Service to Taxation recognition
The Nigerian Maritime Administration and Safety Agency, NIMASA, has received commendation for its corporate citizenship performance by the Chartered Institute of Taxation of Nigeria, CITN, having received the ‘Corporate Organization Award’ just as the Agency’s Director General, Dr. Bashir Jamoh OFR, was recognized with the 2022 ‘Outstanding Service to Taxation …
Read More »Polaris Bank promotes SMEs, sponsors The Fashion Souk
Polaris Bank has reaffirmed its commitment to support the growth of Small and Medium Enterprises (SMEs) in Nigeria. The Bank in a statement gave this assurance while disclosing plans to sponsor The Fashion Souk 7.0. The statement further noted that 3 successful entrepreneurs who emerge winners in a business pitch …
Read More »Zenith Bank wins “Bank of the Year, Nigeria” in the Banker Awards 2022
Zenith Bank Plc has emerged as Bank of the Year in Nigeria in The Banker’s Bank of the Year Awards 2022. The award, which was announced by The Banker Magazine, Financial Times Group, United Kingdom, during the awards ceremony held in London on December 1, 2022, was in recognition of …
Read More »The all-new Mercedes-Benz C-Class: A new form of Luxury, Comfort.
Now available at Authorized Mercedes-Benz Dealerships nationwide in Nigeria. The all-new C-Class is the perfect combination of comfort and performance. It is built with the singular objective of helping people escape the stress of everyday life into a luxurious retreat, into your own comfort zone. Being one of Mercedes-Benz’s …
Read More »NNPC/CNL Joint Venture secures $1.4B financing for infill drilling program
Lagos, Nigeria. Chevron Nigeria Limited (“CNL”), operator of the joint venture between the Nigerian National Petroleum Corporation (“NNPC”) and CNL (“NNPC/CNL JV”) has confirmed that $1.4 Billion financing has been secured to fund the NNPC/CNL JV infill drilling program (“Project”) between 2022 to 2026. The financing arrangement was executed on …
Read More »Nestlé Professional takes the Business of Food roadshow to Port Harcourt
The importance of canteens and ‘bukas’ who serve those with limited disposable income in Nigeria cannot be overemphasized. Yet, these food vendors and caterers who help to meet the nutrition needs of busy urban communities every day, do not always get the support they need to build successful businesses. The …
Read More »FG, governors discuss proposed 2022 Finance bill at Extraordinary National Economic Council meeting
By Chijioke Okoronkwo Abuja, Dec. 1, 2022 The National Economic Council (NEC) has resolved to update the draft Finance Bill with additional inputs from state governors before the bill goes to the Federal Executive Council (FEC). Senior Special Assistant to the President on Media and Publicity, Office of the Vice-President, …
Read More »Oyetola left N76bn salary, pension debts – Official; Says claim by ex-Gov. that he left N14billion cash for Adeleke false
By Olajide Idowu Osogbo, Dec.1, 2022 Mrs. Bimpe Ogunlumade, Permanent Secretary, Ministry of Finance in Osun, says the state government has discovered salary and pension-related debts, amounting to over N76 billion, left by the immediate past Gov. Adegboyega Oyetola’s administration. A statement by Mr. Olawale Rasheed, the Spokesperson of Gov. …
Read More »Non-Oil export rakes in $4.9 Billion under CBN RT 200 FX programme
LAGOS The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, says a total of $4.987 Billion has been repatriated into the country by non-oil exporters in 2022, under the Race to US$200 Billion in Foreign Exchange (FX) Repatriation (RT200) programme launched in February 2022 by the CBN, …
Read More »Stakeholders laud Jim Ovia, as Zenith Bank names iconic UNILAG Alumni Building in honour of late Prof. Ibidapo-Obe
The memory of Professor Oyewusi Ibidapo-Obe, a former Vice Chancellor of the University of Lagos, came alive as Zenith Bank Plc named the iconic building housing its Unilag Branch and the University of Lagos (Unilag) Alumni in his honour on Friday, November 25, 2022. In his opening remarks at the …
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