Archives for October, 2018 - Page 7
NPA To Sanction Shipping Firm Over Arbitrary Port Charges
The Nigerian Ports Authority (NPA), has threatened to sanction CMA CGM, a major shipping line, over alleged unilateral imposition of $400 on shipments to two ports of Lagos,…
IMF Laments Nigeria’s Poor Economic Performance
By Ngozi Onyeakusi Slow economic development pace of Nigeria, South Africa and Angola has continue to drag down growth prospects in Africa This is the submission of…
Tony Elumelu Foundation, GIZ, To Empower Young Entrepreneurs In East, West Africa
By Ngozi Onyeakusi The Tony Elumelu Foundation (TEF), Africa’s leading entrepreneurship philanthropy, is partnering with Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH, the German Government’s Agency for…
Obasanjo Mourns Baba Sala
By Ngozi Onyeakusi A former President, Chief Olusegun Obasanjo, on Tuesday, paid tribute to Baba Sala, saying with his death, the world had lost a most…
Nigerian Airlines: AMCON Boss Calls For Stiffer Regulation
By Ngozi Onyeakusi The need to properly regulate the aviation industry in the country has again been identified as panache for growth and stability of airline business…
Forex: Wholesale segment, others get $210m boost
By Ngozi Onyeakusi Authorized dealers in the wholesale segment of the inter-bank foreign exchange market received the sum of $100million from the Central Bank of Nigeria (CBN)…
Shell MD Okunbor, Two Others Bag Three Months Jail For Disobeying Court Order
Federal High Court sitting in Port Harcourt has sentenced the Managing Director, Shell Petroleum Development Company, Mr Osagie Okunbor, and two others to three months in prison with…
2018 Budget: Nigeria To Borrow $2.86b From International Capital Market
President Muhammadu Buhari has seek Senate’s approval for a fresh $2,868,540,000 external loan. In a letter addressed to the Senate President, Bukola Saraki, Buhari explained that the loan…
Entitlement: FG Pays Ex-Nigeria Airways workers N22.6bn
By Ngozi Onyeakusi The Federal Government has announced that beginning from Monday, October 15, 2018, it will commence the final verification and payment of entitlements to all…
Fidelity Bank Launches New Savings Campaign, … Unveils a Novel Account Opening Initiative
Nigerian lender, Fidelity Bank Plc has unveiled a novel account opening initiative, just as it launched a new savings promotion campaign aimed at rewarding new and existing…