The News Express 5th Anniversary Lecture has been scheduled to hold next month (September 2017), the newspaper’s Management said on Wednesday in Lagos. “The lecture, the date of which would be made public in the next few days, would hold in Lagos and would be graced by a galaxy of personalities whose identities would be […]
Month: August 2017
Oando loses oil rigs over N4.7bn debt
A Federal High Court sitting in Port Harcourt, Rivers State, has ordered the arrest and detention of three crude oil drilling rigs belonging to Oando Energy Services Limited (also known as OES Energy Services Limited) over debts of $15,399,524.84 (equivalent of N4.7 billion) and N14,169,164.80. The arrest and detention order for the three drilling rigs […]
Gencos record revenue shortfall in May
Nigeria’s power generation companies (Gencos) recorded about N31.7 billion revenue shortfall in the month of May due to the failure of Discos to pay commesurate invoices and shortfall in the N701 billion Federal Government intervention fund by Central Bank of Nigeria. The Nigerian Bulk Electricity Trading Company (NBET) statistics reveals that Gencos invoices sent to […]
Starcom Media rebrands to Media Seal
Nigeria’s foremost media buying agency, Starcom Media has rebranded to Media Seal. Ayo Oluwatosin, Group Managing Director of Rosabel, said in a statement that the decision to rebrand the company was part of a larger strategic goal aimed at repositioning the business for sustained market leadership in the unfolding new global play. “Over the past […]
Uber raises fares amid legal tangles
Uber Technologies Inc UBER.UL said it raised its Hong Kong minimum fares on Monday by as much as 80 percent following a review. The San Francisco-based technology company, which recently suspended its services for the second time in the neighboring Chinese city of Macau, told Reuters the price rises would benefit drivers as they pocketed […]
World Bank team ranks Edo high on transparency, job creation
The World Bank Implementation Support Team, monitoring the implementation of State Employment and Expenditure for Results (SEEFOR) projects in the Niger Delta region, has ranked Edo State high on transparency and job creation for youths. The leader of the support team, Mr. Ismaila Ceesay, who led his members on a courtesy visit to the state […]
Access Bank introduces REAL
Access Bank has introduced a loyalty solution tagged REAL -Rewarding Every Act of Loyalty. The solution, according to a statement from the bank, was introduced to reward existing bank customers for their support over the years. “REAL is a pan-banking program offering multiple ways to earn points through the usage of the bank’s transactional platforms […]
Western Lotto doles out N2m worth airtime, partners Linda Ikeji’s blog
Nigeria’s wave-making gaming brand, Western Lotto Nigeria Limited, has entered into a partnership with Nigeria’s leading lifestyle blog, Linda Ikeji’s Blog to reward visitors to the blog as well as its fans. Western Lotto will give customers N2m worth of airtime across networks in collaboration with Linda Ikeji’s blog as part of its Thank God […]
Tin Can customs generates N1.2bn daily
Tin Can Island Comptroller, Yusuf Bashar, at the weekend, disclosed that his command generates an average of N1.2 billion, daily to the Federal Government coffers. Bashar made this disclosure during the inauguration/swearing in of the Tin Can Island chapter of the International Freight Forwarders Association (IFFA) and the official launch of the association’s operational vehicle. […]
Nigeria beer festival will boost tourism in Lagos- Oganisers
Organisers of the Nigeria Beer Festival has Said that the event will boost the tourism industry of Lagos state. The state is set to host the maiden edition of the Nigeria Beer Festival from September 25 to October 1, 2017. The Lagos State government is collaborating with beer brewers in the country and their counterparts […]