The Central Bank of Nigeria in conjunction with the Nigerian Mortgage Refinancing Corporation, the Mortgage Bankers Association of Nigeria and select micro finance banks took to the streets of Lagos to propagate the right of every citizen to find out how to own a home through mortgage financing. Mrs Nile Osilaja, a consultant to the […]
In a bid to influence how Nigerians dispose of items that could be recycled and change the way they relate to the environment, Sterling Bank Plc has unveiled the Recyclart Competition. The competition according to the bank will serve as a means of empowering young artists and emerging talents across the country to use waste […]
Corruption in the procurement process has affected the efficiency of public spending and the opportunities to improve quality of lives of Nigerians, Alhaji Bala Kaoje, a former Minister has said. Kaoje, a former Minister of Sports and Youth Development, also said that corruption in the procurement process accounts for over 70 per cent of the […]
The Manufacturers Association of Nigeria (MAN) has said the Comptroller General of Nigerian Customs Service, Col. Hammed Ali (rtd) has confirmed that there is no missing N30trillion as claimed by the Senate Committee on Customs. The senate Committee on Customs, Excise and Tariff and Maritime Transport, had giving an order to arrest the chief executive […]
The Nigerian National Petroleum Corporation (NNPC) has tasked local players in the oil and gas sector to bid for the forthcoming bid round for 30 marginal fields to be flagged off by the Federal Government. The Group Managing Director of NNPC, Dr. Maikanti Baru stated this yesterday in Abuja when the Independent Petroleum Producers Group […]
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 […]
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 […]
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 […]
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 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 […]