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Thursday, July 9, 2020

FG appoints CBN’s Joseph Nnanna as NEXIM chairman

Abuja – Dr Joseph Nnanna, a Deputy Governor (Economic Policies) at Central Bank of Nigeria (CBN) has been named as the Chairman of Board of Nigeria Export Import Bank (NEXIM) by the Federal Government. This is contained in a statement signed by Tayo Omidiji, NEXIM...

Arik Air suspends flights to London, Jo’burg

Arik Air has suspended its international flight operations to the London and Johannesburg routes. The spokesman of the Asset Management Company of Nigeria (AMCON), Mr Jude Nwauzor, made the announcement in a statement issued on Tuesday in Lagos. The News Agency of Nigeria (NAN) reports that...

Ambode woos investors at water transport roundtable

…Says Sector Remains Critical To Solving Traffic Congestion …As Lagos Seals Partnership With Multi-National Consortium To Clean-Up Waterways Lagos State Governor, Mr Akinwunmi Ambode on Friday expressed the commitment of his administration to provide critical infrastructure and enabling environment for investors to participate in the...

UACN shareholders approve N1.8b dividend, business plans

The shareholders of UAC of Nigeria Plc has approved a dividend plan of N1.86 billion, translating to 64.58 kobo per share due to every investor of the firm for the 2017 financial year.The shareholders, however, were assured that the board would tackle the causes...

China lists conditions for Nigeria to receive more assistance

Prof. Zhang Yong-Peng, a research fellow at the Chinese Academy of Social Sciences (CASS), in Beijing, China on Tuesday said that for more Chinese development assistance to be extended to Nigeria, both countries should become active partners. Yong-Peng told a Delegation of visiting Nigerian Journalists...

Oando, First Bank, others receive PEBEC awards

Vice President Yemi Osibanjo (SAN) has presented Presidential Enabling Business Environment Council (PEBEC) recognition award to Oando, FirstBank and other private companies. The awards ceremony was held at the State House Banquet Hall, Abuja. The firms were recognised for their support of...

REVEALED: How Delta Flight’s Emergency Landing Happened at MMIA

Delta Air Lines Flight DL055, which departed the Murtala Muhammed International Airport (MMIA), Lagos at about 11:05 pm on Tuesday made an air return to Lagos barely 31 minutes into the 11-hour flight, following a breakdown of one of the two engines mid...

World Bank backs Nigerian govt’s youth empowerment scheme with N756m investment

The World Bank, under its Growth and Employment, GEM, project, has approved N756.3 million for disbursement to 81 young Nigerian innovators who participated in the 2016 Aso Villa Demo Day, AVDD. The AVDD is one of the economic empowerment initiatives of the present administration. A document...

New Telegraph Newspapers sack Five editors as Sun downsizes

Five senior staff of New Telegraph and Sun Newspapers have lost their jobs in on going efforts by management of the publication to cut cost of operation. In New Telegraph, three Managing Editors got letters of disengagement from the company last week. The editors included Yemi...

Global Patriot Newspapers Anniversary Lecture holds in Lagos Thursday, November 23

The key issues of patriotism, the vast untapped potentials of Nigeria and the nagging question of national development will on Thursday, November 23, 2017 be x-rayed by eminent personalities at the Second Anniversary Lecture/Awards of Global Patriot Newspapers, GPN. A statement released by Simon...
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