Metro

The Federal Government has declared that the annual earnings of $6bn in freight cost and $8bn in oil and gas and other maritime activities have come under threat from pirate attacks, oil theft and other illegal activities militating against the growth of the sector. The Minister of Transportation, Mr Rotimi Amaechi, in a keynote address during the 2018 World Maritime …

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United Bank for Africa Plc, has announced its unaudited 2018 third quarter financial results, with impressive growth in Gross Earnings, which berthed at N374.8 billion, a 12.3 percent increase when compared to N333.9 billion recorded in the corresponding period of 2017. According to the report filed to the Nigerian Stock Exchange (NSE) yesterday, UBA’s net operating improved 1.7 percent year-on-year …

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From Amos Odeh, Yenagoa Members of Academic staff of Post Primary Schools have been assured and reiterated of the premium and importance the state governor, Seriake Dickson attaches to the welfare of teachers and would continue to implement incentives that would motivate them to put in their best, as teachers have continued to be prized as the foundation of any …

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… Declares N1bn IGR The Bayelsa State Deputy Governor, Rear Admiral Gboribiogha John Jonah on Tuesday declared N4.4 billion as balance of funds available to the state as at 30th September, 2018. The Deputy Governor announced this, while presenting the income and expenditure financial statements for the months of August and September in Government House, Yenagoa, in line with the …

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Photo Caption: From Left; Director General, West African Monetary Institute, WAMI, Dr. Ngozi Egbuna, Head Research Securities and Exchange Commission, SEC, Dr. Afolabi Olowookere and Ag. Director General, SEC, Ms Mary Uduk at the just concluded World Bank/ IMF Annual Meetings in Bali, Indonesia Advertisement

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The federal government has condemned the execution of Hauwa Leman, an aid worker with the International Committee of the Red Cross (ICRC), by The Islamic State West Africa Province (ISWAP), a faction of Boko Haram. Lai Mohammed, minister of information, said the government did “everything any responsible government should do” to save Leman and Saifura Ahmed, another aid worker that …

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In response to the International Monetary Fund’s recommendation that Nigeria increases its revenue through tax, Finance Minister Zainab Ahmed has said the country has no plans to effect any such hike. Ahmed disclosed this while addressing Nigerian journalists on the participation of the Nigerian delegation at the annual meeting of the IMF and the World Bank in Bali, Indonesia. Responding …

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A 46-year-old pastor, Joseph Lawson, yesterday appeared at an Ikeja Magistrates’ Court, Lagos charged with the theft of a car valued at N1.2 million. Prosecutor Clifford Ogu alleged that the accused committed the offence on October 1 at Oko-Oba, Lagos. He alleged that the accused ran away with a car belonging to Mr. Chikwukadibia Udeh. “The complainant approached the accused …

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The Consumer Price Index (CPI) which measures inflation increased by 0.05 percent to 11.28 percent (year-on-year) in September compared to 11.23 percent in the preceding month, the National Bureau of Statistics (NBS) has stated. According to the CPI report for September, released Tuesday by the statistical agency, increases were recorded in all the indicators which determined the headline index. Going …

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Heritage Bank PLC, Nigeria’s most innovative banking service provider, and Nigerian Maritime Administration and Safety Agency (NIMASA) have joined forces to educate stakeholders about the maritime enforcement global benchmarks. The training session, which had as its theme: Maritime Enforcement Safety: Current Global Benchmarks, had representatives of these organizations present: Nigerian Navy, Nigerian Ports Authority, Lagos State Safety Council, Shippers Council, Marine Insurers, …

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