The Nigerian Exchange Limited has sanctioned 16 companies for various market infractions in three years. Specifically, the NGX imposed the sum of N779.5 million fine on LASACO Assurance Plc, Presco Plc, Ardova Plc, C&I Leasing Plc, and 12 other listed…
Some financial experts have urged the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) to take urgent steps to address the perennial shortage of cash. The experts spoke to journalists on Monday in Abuja, against the backdrop…
By Seun Ibiyemi The Federal Government has concluded plans to replicate United States’ model to generate about $70 billion revenue from its waterways and multi-modal transportation networks and create more jobs in the country. As part of the plans to…
Some air Travellers have called for caution by Dana Airline following the airlines increase of its daily Lagos-Abuja flight frequency and some other routes. Recall that Dana Airline over the weekend announced an increase in frequency across its destination based…
Following the return of normalcy within the leadership of Association of Nigerian Licensed Customs Agents (ANLCA) which ending the 5-year leadership crisis, the African Association of Professional Freight Forwarders and Logistics of Nigeria (APFFLON) has thanked the Council for Regulation…
The ongoing cash crunch occasioned by the Central Bank of Nigeria’s policy on the naira redesign and cash withdrawal limit has abruptly stopped economic and service delivery in the real estate environment, this was revealed in an interview with a…
Prof. Olanrewaju Aladeitan has urged other gas producing countries to take advantage of the vacuum created by the non-supply of oil to Europe by Russia. “This is where countries like Qatar and Nigeria come in,” Aladeitan, an oil and gas…
Former Vice President of the Abu Dhabi National Oil Company (ADNOC), Mr Jean-Marc Cordier, has joined the services of the Nigerian National Petroleum Company Ltd (NNPCL). This is contained in a statement by Mr Garbadeen Muhammad, the Chief Corporate Communications Officer,…
A state of emergency was declared by Kuwait Oil Company (KOC), a subsidiary of state-owned Kuwait Petroleum Corp, following an oil spill that occurred on Monday in the country. The Deputy CEO for Administrative Affairs and spokesperson of KOC, Qusai Al-Amer…
The Vice Chancellor of the Olusegun Agagu University of Science and Technology, Okitipupa, Ondo State, Prof. Temi Ologunorisa, has disclosed that no fewer than 26 students of the institution graduated with first class degree. He said the 26 first class…
