Nigeria and South Africa have been urged to pioneer the process of industrialisation to accelerate trade and investment for intra-trade in the continent. The Acting South African High Commissioner to Nigeria Mr. Bobby Moroe, made the call while addressing journalists on the occasion of the country’s 25th Anniversary of the National Freedom Day in Abuja. Mr. […]

The National Union of Pensioners, Ekiti State, has commended the state government for increasing pension allocation for payment of gratuity to its senior citizens. The State Chairman, NUP, Ekiti State Council, Ayo Kumapayi, also urged the governor to extend the gesture to the local governments in the state too. He said, “On the payment of […]

The national carrier of Namibia, Air Namibia, has suspended its Windhoek-Lagos-Accra flight services. The airline announced the indefinite suspension of the four times weekly flight operations on Friday. Although the airline’s Nigerian office has yet to issue an official statement on the development, sources told our correspondent that the suspension was due to diplomatic issues […]

Barring any last-minute change in plans, President Muhammadu Buhari will on Monday (today) give his assent to the 2019 appropriation bill. The assent of the President will officially make the bill become law and signal the commencement of the 2019 fiscal budget. The development was confirmed by a top official in the Budget Office of […]

…As the Agency Donates Relief Materials to Delta IDPs The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside has reiterated the Federal and State government’s concern about providing adequate succour aimed at alleviating the sufferings of the Internally Displaced Persons (IDPs) by floodings spread across the country. Dr. Dakuku […]

The African Export-Import Bank (Afreximbank) has released its abridged unaudited financial performance for the three months ended 31 March 2018, showing a 59 per cent growth in total revenues to $240.71 million($86billion) compared to the $151.17 achieved during the same period in 2018. The results, released in Cairo, showed  that the bank achieved a 28 per […]

– Differentials remained firm due to several Nigerian outages on Friday, while a lack of heavy crude as a result of U.S. sanctions on Iranian and Venezuelan exports continued to boost Angolan oil. * About 10 June-loading cargoes of Nigerian crude were still available after BP was said to have sold a cargo of Forcados, […]

  Standard Chartered Bank Nigeria Limited recently hosted the first edition of itsBusiness Banking industry event, The Confluence,as part of its efforts to deepen sustainability in the Nigerian manufacturing industryand promote business financing. The event took place on the 17th of May 2019 at The Radisson Ikeja, Lagos, and brought into perspective the growing demands in the industry.   […]

The Lagos State Traffic Management Authority (LASTMA) is to begin ‘’Operation Totality Enforcement’’ to ensure timely implementation of President Muhammadu Buhari’s directive that trucks parking on Apapa roads should vacate within 72 hours. Chris Olakpe, the Chief Executive Officer of LASTMA, made the disclosure on Friday in an interview with the News Agency of Nigeria […]