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Dazzling Deola

Dazzling Deola

Mrs. Adeola Azeez is the Deputy Country Head of the Deutsche Bank Nigeria where she oversees the bank’s business operations including managing liaisons between the Deutsche Bank offshore and Nigerian banks. She has over 20 years’ expertise in correspondent banking. ...

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Shippers Council To Hold Sub-Regional Conference On Port Concession

Shippers Council To Hold Sub-Regional Conference On Port Concession

Nigerian Shippers Council (NSC) and the Union of African Shippers’ Councils (UASC) in collaboration with United Nations Conference on Trade and Development (UNCTAD) would hold a two-day Sub-Regional workshop and joint standing committee meeting of UASC on Tuesday and Wednesday ...

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Price Of Cooking Gas Rises Marginally – NBS

Price Of Cooking Gas Rises Marginally – NBS

The National Bureau of Statistics (NBS) said the average cost of refilling a five kilogramme (kg) cylinder of Liquefied Petroleum Gas (Cooking Gas) increased to N2,05.14 in August from N2,01.45 recorded in July. The NBS disclosed this in its August ...

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SIFAX Partners NGOs To Train 120 Physically Challenged Kids

SIFAX Partners NGOs To Train 120 Physically Challenged Kids

One hundred and twenty physically challenged children have benefitted from the new partnership SIFAX Group entered with twonon-governmental organizations (NGOs), Initiative for National Growth and Mo Rainbow Foundation, to train physically-challenged children in Lagos. The initial beneficiaries of these trainings ...

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Illicit Arm Dealers Dread Tin Can Ports- Customs

Illicit Arm Dealers Dread Tin Can Ports- Custom

By Kenneth Jukpor As Nigeria’s polity heats up whilst the 2019 General Elections edges closer, the Tin Can Customs Command of the Nigeria Customs Service (NCS) has assured Nigerians that the Command had become dreaded by illegal arms importers. Recall ...

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Buhari To Commission First ICD In South-South

Buhari To Commission First ICD In South-South

Nigeria’s President, Mohammadu Buhari is expected to inaugurate first Inland Container Dry (ICD) Port in the South-South region of the country, cited in Benin City, Edo State on Monday, next week. The Managing Director/CEO, Atlantique Marine Engineering Services (AMES), initiators ...

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FG Establishes 42 Technology Transfer Centres

FG Establishes 42 Technology Transfer Centres

The Federal Government has established 42 technology transfer centres in order to encourage market-oriented researches across the country, the Minister of Science and Technology, Dr Ogbonnnaya Onu, has said. Onu said this at the commemoration of the African Day for ...

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Single Currency: Nigeria, Ghana, Others Fail To Meet Criteria

Single Currency: Nigeria, Ghana, Others Fail To Meet Criteria

The inability of some countries within the West African Monetary Zone to meet up with the macroeconomic convergence criteria is currently threatening the take-off of the single currency regime for the sub region. The development was confirmed on Thursday, during ...

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BP, others shun Nigeria’s crude oil over prices

BP, others shun Nigeria’s crude oil over prices

Nigerian crude oil differentials were largely unchanged yesterday, after a series of offers from Shell for October-loading cargoes drew no buyers, and even BP, which has been an active bidder this week, showed unwillingness to pay higher prices. Shell was ...

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Regulators equivocate on kerosene importation, as scarcity worsens

Regulators equivocate on kerosene importation, as scarcity worsens

Industry regulators, the Department of Petroleum Resources (DPR), and Petroleum Products Pricing Regulatory Agency (PPPRA), have deliberately withheld importation data for kerosene, as scarcity hits the market with price differentiation.Even the Nigerian National Petroleum Corporation (NNPC), the biggest importer of ...

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WISTA Gets Seat At IMO Council

BULLS: WISTA’s Ghana-Must-Go

By Kenneth Jukpor Women’s International Shipping and Trading Association  (WISTA) has secured a seat at the apex regulatory body for maritime activities in the globe, the International Maritime Organization  (IMO). The President of WISTA Nigeria, Mrs. Mary Hamman revealed this ...

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Lagos woos investors with latent water transport opportunities

Lagos woos investors with latent water transport opportunities

• Takes delivery of seven ferries before year-end The Lagos government yesterday wooed the private sector and investors with the latent opportunities in the state’s water transport system. During a breakfast meeting organised by the Nigerian-Belgian Chamber of Commerce/Nigerian-Belgian Commercial ...

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Labour talks tough over new minimum wage

Labour talks tough over new minimum wage

Gives FG 14 days to raise panel on pay Industrial harmony cannot be guaranteed nationwide if the Federal Government fails to approve a new national minimum wage for workers, according to organised labour. It therefore gave the government a 14-day ...

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Massive sell-off hits nation’s bourse, investors lose N423b in one day

Massive sell-off hits nation’s bourse, investors lose N423b in one day

Following massive sell pressure on the equity market yesterday, the local bourse recorded its biggest loss in eight months, as investors lose whooping N423 billion in one day. Analysts and operators linked the huge losses incurred by investors to the ...

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Danbatta: Telecoms Investment Surpasses $70bn in One Year

Danbatta: Telecoms Investment Surpasses $70bn in One Year

The Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof. Umar Garba Danbatta has put the value of the contribution of the telecoms sector to the country’s Gross Domestic Product (GDP) at over $70 billion. Danbatta, who made the ...

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Afreximbank Secures $850m from China to Boost African Trade

Afreximbank Secures $850m from China to Boost African Trade

The African Export-Import Bank (Afreximbank) has stated that the $850 million in financing facilities being made available to it by two Chinese financial institutions will allow the African trade finance bank to greatly expand its support to African businesses seeking ...

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Amina Mohammed: Nigeria Now Heavily Indebted

Amina Mohammed: Nigeria Now Heavily Indebted

The Deputy Secretary-General of the United Nations (UN), Amina Mohammed, has stated that two-time Minister of Finance, Ngozi Okonjo-Iweala, spent years to get Nigeria out of debt, but the country is now back to worrying levels of debt. Speaking at ...

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Drop in US Inventories, Iranian Sanctions Push Oil Price to $80

Drop in US Inventories, Iranian Sanctions Push Oil Price to $80

Crude oil futures climbed wednesday, with Brent reaching $80 per barrel, after a larger-than-expected drop in United States crude inventories and as US sanctions on Iran added to concerns over global oil supply. US crude inventories fell by 5.3 million ...

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MTN Sues AGF, CBN over Tax Arrears, Funds Repatriation

MTN Sues AGF, CBN over Tax Arrears, Funds Repatriation

Group CEO: We will overcome challenges in Nigeria MTN Nigeria has dragged the Attorney General of the Federation (AGF) and the Central Bank of Nigeria (CBN) before the Federal High Court to challenge a directive that the telecoms company should ...

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LADOL Terminates Agreement with Foreign Partner

LADOL Terminates Agreement with Foreign Partner

A few weeks after the Vice President, Professor Yemi Osinbajo (SAN) visited and commended LADOL for recording giant strides in the Egina Floating Production Storage Offloading (FPSO) unit, which was built by Samsung Heavy Industries (SHI), in conjunction with LADOL, ...

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