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FBNQuest Merchant Bank reports N6.17bn profit

FBNQuest Merchant Bank reports N6.17bn profit

Stanley Opara FBNQuest Merchant Bank, the investment banking and asset management group of FBN Holdings Plc, has declared a profit before tax of N6.17bn for the year ended December 31, 2017, representing a 25.7 per cent increase from the previous year’s position. The Chairman of the bank, Mallam Bello Maccido, said this at the third […] …

John Deere, Alluvial sign tractor deal in Nigeria

John Deere, Alluvial sign tractor deal in Nigeria

John Deere, the tractor maker, has paired up with Alluvial, a Nigerian company that works with smallholder farmers, in what could be a ground-breaking scheme to turn subsistence farming into a commercial business. Under the agreement, John Deere, through its distributor, the Tata Group, will lease up to 300 tractors through Alluvial to as many […] …

Firm unveils cloud cover device in Abuja

Firm unveils cloud cover device in Abuja

Cloud Cover Distribution Limited has launched its Internet Wireless Mobile Service devise to make internet services available across the country and support the tourism and hospitality industry. Its Chief Executive Officer, Mr Nick Dixon, the device now operates not only in Nigeria, but in over 100 countries of the world including Europe and America. WhileRead More
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FAAN pensioners to Sirika: fulfil your promises

FAAN pensioners to Sirika: fulfil your promises

THE Federal Airports Authority of Nigeria (FAAN) branch of the Nigerian Union of Pensioners  (NUP)  has urged Minister of State, Aviation, Hadi Sirika, to fulfil the promises he made over two years ago to turn around the sector. The pensioners noted that Sirika, a pilot, was yet to fulfil his promise to effectively concession airportsRead More
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Why airlines fail, by AMCON chief

Why airlines fail, by AMCON chief

Asset Management Corporation of Nigeria (AMCON) Managing Director/Chief Executive Officer Mr Ahmed Kuru has attributed the failure of many domestic carriers to weak corporate governance principles. According to Kuru, until corporate governance is strengthened,  domestic carriers will continue to fail. He said the Nigerian Civil Aviation Authority (NCAA) must show courage and ensure there is soundRead More
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Dana begins Owerri /Abuja flights

Dana begins Owerri /Abuja flights

TO  boost its expansion drive, Dana Air will kick off flights on Owerri-Abuja-Owerri route today. Flights into the new route, the airline said, are to connect the South East with Abuja. The airline said the new service is part of its commitment towards providing dependable options for Imo people and ensuring seamless travel for business andRead More
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21st Century Technologies, Nexusguard mull DDoS scrubbing centre for Nigeria

21st Century Technologies, Nexusguard mull DDoS scrubbing centre for Nigeria

Nigeria’s information communication technology (ICT) powerhouse, 21st Century, has partnered Nexusguard, a Distributed Denial of Service (DDoS) security solution provider, to build a DDoS scrubbing centre in Nigeria. The centre will not only provide DDoS mitigation service to enterprise and government customers in the country but across Africa. A DDos scrubbing centre is a centralisedRead More
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Publish vehicles charges, importers urge Customs

Publish vehicles charges, importers urge Customs

How much does it cost to clear a vehicle at the ports? This is the question terminal operators, importers and Nigerians in Diaspora are demanding an answer to from the Nigeria Customs Service (NCS). They have asked the Customs Comptroller-General (CCG), Col. Hameed Ali (rtd), to publish the cost in newspapers and on the website.Read More
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UAC appoints new non-executive directors

UAC appoints new non-executive directors

UAC of Nigeria PLC (UACN) has announced the appointments of Mr Folasope Babasola Aiyesimoju and Mrs Olufunke Ighodaro as Non-Executive Directors of the Company while Mr Peter Benedikt Mombaur would serve as the alternate Director to the new Directors.
The post UAC appoints new non-executive directors appeared first on Vanguard News. …

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