By Lucy Ogalue Haul247, an end-to-end logistics tech platform connecting businesses to haulage and warehousing assets in one ecosystem, has raised 3 million dollars in a seed funding round. Sehinde Afolayan, the CEO of Haul247, said in a statement on Tuesday that the fund would be channeled into increasing itsContinue Reading
By Kadiri Abdulrahman, News Agency of Nigeria (NAN) On May 29, former President Muhammadu Buhari officially handed over presidential powers to President Bola Tinubu. In addition to assets Buhari also handed over to Tinubu is a N46.25 billion (103.11 billion dollars) domestic and foreign debt stock as well as N22.7Continue Reading
By Oluwafunke Ishola The shareholders of May & Baker Nigeria Plc have approved a total dividend of N517.57 million for the financial year ended Dec. 31, 2022. The News Agency of Nigeria (NAN) reports that the shareholders gave the approval at the company’s 72nd Annual General Meeting (AGM) on ThursdayContinue Reading
By Okeoghene Akubuike Nigeria recorded N927.16 billion trade surplus between January 2023 and March 2023, the National Bureau of Statistics (NBS) says. This is contained in the NBS Foreign Trade in Goods Statistics Report for Q1 2023 released in Abuja on Tuesday. In its report, the NBS saidContinue Reading
By Chiazo Ogbolu The Shipping Lines Association of Nigeria (SAN) says the moribund Shipping Lines Operators and Freight Forwarders Employers Association (SLOFFEA), will be resuscitated. It says the association will be resuscitated to handle the setting of minimum standard for payment in the maritime industry. The Chairman of SAN, MrsContinue Reading
By Vivian Emoni The new Permanent Secretary, Ministry of Mines and Steel Development, Dr Mary Ogbe, has pledged to strengthen the mines and steel industry in Nigeria by providing solutions to existing challenges. Ogbe made the commitment in Abuja on Friday, at a valedictory session organised by the ministry forContinue Reading
The outgoing Chairperson, Queen Mbang Esu (FCA) SWAN Abuja Chapter with others at the 2023 Biennial General Meeting and Account of Stewardship of the association By Isaac Aregbesola The Society of Women Accountants of Nigeria (SWAN), Abuja Chapter, has distributed sewing machines, hair dryers and baking materials to empower someContinue Reading
By Abdulrahman Kadiri The National Association of Microfinance Banks (NAMB) has directed all licensed Microfinance Banks (MFBs) nationwide to update it on their recapitalization status for assessment and follow-up actions with the regulatory authorities. The Executive Secretary of the NAMB, Mr Shikir Caleb, said this in a statement on TuesdayContinue Reading
By Kadiri Abdulrahman The Debt Management Office (DMO) says decades of operating budget deficits by successive governments is responsible for Nigeria’s high debt profile. The Director-General of the DMO, Patience Oniha, said this to the News Agency of Nigeria (NAN) on Sunday in Abuja. According to Oniha, a review ofContinue Reading
By Toba Ajayi An Ilorin-based legal practitioner, Mr Yusuf Jimoh has called on Nigerians to patronise home-made products and stop condemning anything made in Nigeria. Jimoh, who made the call in Ilorin on Saturday in an interview with the News Agency of Nigeria (NAN), said Nigeria makes goods that worthContinue Reading
