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Mary Uduk

SEC restates commitment to attract investors, boost economy

The Securities and Exchange Commission has restated its commitment to partner with relevant government agencies and the private sector to attract more investments to the country.

Refinery: Federal government will source forex from Dangote – CBN chief

The Federal Government will soon start sourcing foreign exchange (forex) from Dangote Group, as soon as the latter’s refinery, petrochemicals and fertilizer projects come on stream.
President Muhammadu Buhari has commissioned the Baro Inland Water Port in Niger State.-1

President Buhari commissions first inland water port in Northern Nigeria

President Muhammadu Buhari has commissioned the Baro Inland Water Port in Niger State, which is the first of such in Northern Nigeria.
Babatunde Fashola- Minister Works, Power and Housing

Federal government reaffirms intervention in power sector

The Minister of Power, Works and Housing, Mr Babatunde Fashola, has reaffirmed the Federal Government’s commitment to continually intervene in the power sector.

Guinness: No life lost in Aba centre fire

Guinness Nigeria has restated its commitment to ensuring the health and safety of its employees and communities where it operates.

Pencom set to attract 60 million Nigerians to pension scheme

The National Pension Commission is set to attract 60 million Nigerians in the Informal Sector to the pension scheme.
President Muhammadu Buhari has commissioned the Baro Inland Water Port in Niger State.-4

President Buhari commissions Baro inland water port

The contract, costing N6billion, was originally awarded in 2011/12, then abandoned, until Buhari’s government forged ahead to deliver it.
Presidential candidate of the All Progressives Congress, APC, President Muhammadu Buhari, has assured Nigerians that he will continue to promote national unity, calling on the people to vote for him and other candidates of the APC in the poll.-7

President Buhari to review BEDC’s operational licence over inefficient service

President Muhammadu Buhari has assured electricity consumers in Edo State that he would look into calls for the withdrawal of Benin Electricity Distribution Company (BEDC)’s operational licence over the company’s inefficiency.

FCT community laments poor electricity supply, faulty meters

Residents of Aleita community on Airport road, Federal Capital Territory (FCT) Abuja, have lamented poor electricity supply in their community due to break down of transformer and absence of meter.
Khalid Al Falih

Saudi Arabia to build refinery, petrochemical plants in South Africa

Saudi Arabia plans to build an oil refinery and a petrochemicals plant in South Africa as part of $10 billion of investments in the country, Saudi Energy Minister Khalid Al-Falih said on Friday.

NNPC pays IOCs $993.7 million of $5.1 billion cash call debt

The Nigerian National Petroleum Corporation (NNPC) yesterday disclosed that it had so far paid $993.7 million of the negotiated $5.1 billion cash call debt it owed International Oil Companies (IOCs) whom it is in joint ventures oil production with.

CBN, NDIC, others raise alarm over low-insurance patronage

Tackling low-insurance patronage in the country was the focal point of Friday when the Central Bank of Nigeria (CBN), the Nigerian Deposit Insurance Corporation (NDIC), the National Pension Commission (PenCom) and other members of the financial sector brainstormed in Abuja to unveil a new policy on deepening financial inclusion.
Arunma Oteh

Ecobank names Arunma Oteh as a non-executive director

Ecobank Group has appointed Arunma Oteh, former treasurer of the World Bank, to its board of directors as a non-executive director.

Federal government commissions two power substations in Kano

The federal government through the Transmission Company of Nigeria (TCN) has commissioned 1×30/40MVA, 132/33KV power substations in Wudil and Dan Agundi Municipal Local Governments of Kano State.

27 ships expected at Lagos ports with petroleum products, others

The Nigerian Ports Authority (NPA) on Friday said it was expecting 27 ships to sail into Apapa and Tin Can Ports with petroleum products, food and other goods, from Jan. 18 to Feb. 2.

Official: Heritage Bank to list on stock exchange soon

Ifie Sekibo, managing director and chief executive officer of Heritage Bank, says the bank will soon be listed on the Nigerian Stock Exchange (NSE).
Managing Director of Nigeria Railway Corporation (NRC), Mr Fidet Okhiria

NRC disowns website selling Abuja-Kaduna route tickets

The Nigerian Railway Corporation (NRC) has denied online sale of tickets on Abuja-Kaduna route.

Renault posts record sales of 3.9m vehicles as Carlos Ghosn remains in detention

French carmaker Renault, which is seeking a replacement for CEO Carlos Ghosn who is in custody in Japan, on Friday announced record sales of 3.9 million vehicles in 2018.

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Remo Stars have appointed Kennedy Boboye as the new Technical Adviser of the club

NPFL: Remo Stars, Bendel Insurance coaches react after stalemate

Newly promoted side, Bendel Insurance, picked a point away from home in their debut game in the Nigeria Professional Football League (NPFL) at the gateway international stadium, Sagamu.
Khalifa Sall

Senegal court bars two opposition candidates from presidential vote

Senegal's Constitutional Court has published an official list of five candidates to contest next month's presidential election, including head of state Macky Sall - but excluding two prominent opposition figures.

REC: INEC may shift Rivers polls if APC wins in court

The Independent National Electoral Commission (INEC) has revealed what its next step would be if the All Progressive Congress (APC) win an appeal of the court judgement barring it from participating in the forthcoming elections in Rivers State.
Lucas Pouille

Lucas Pouille ousts Borna Coric to set up Milos Raonic in Australian Open quarter-final

France’s Lucas Pouille had never won a match at the Australian Open before this year, but the 28th seed Monday reached the quarter-final after beating Borna Coric 6-7 (4/7), 6-4, 7-5, 7-6 (7/2).
David Luiz says Maurizio Sarri has improved Chelsea since taking over as head coach

David Luiz: Chelsea players support Maurizio Sarri philosophy

Maurizio Sarri has the full support of the Chelsea players who have signed up to his philosophy says David Luiz despite the manager blasting them in the wake of Saturday’s 2-0 defeat to Arsenal.