The Federal Government Staff Housing Loans Board (FGSHLB) has started compiling a list of retired civil servants who have not fully repaid their housing loans. This was disclosed by the board’s Head of Information and Public Relations, Mrs. Ngozi Obiechina, in a statement issued on Thursday in Abuja. According to her, …
NIMASA Spokesman, Osagie Emerges Outstanding Spokesperson Of Marine, Blue Economy Sector
Edward Omoruyi Osagie, spokesman for the Nigerian Maritime Administration and Safety Agency (NIMASA), has emerged the most outstanding spokesperson in the Marine and Blue economy sector. Osagie, with a benign mien, emerged as the best in this category during the Award ceremony of the 2025 edition of the “National Spokespersons’ Awards (NSAwards) held in Abuja. …
Falana, Odufuwa, Ebube, Others Charge Youths On Innovation, Constructive Engagement, Self-trust
The 6th Annual Youth Leadership Conference, tagged: “Resilience, Innovation, Social Responsibility and Entrepreneurship (RISE 2025), held at the University of Lagos, may have come and gone, but resource persons at the conference succeeded in getting a lot of young Nigerians thinking. The 2025 event lived up to expectations as it paraded an array of successful, …
Transcorp Sustains Triple Digit Earnings Growth Amid Low Payout, Oscillating Share Price
Transcorp Plc (“TRANSCORP” or the “GROUP”) is progressively attaining a behemoth status in Nigerian business landscape. With strategic investments in key segments of the economy, the group has positioned itself as a pivot in the impending economic transformation of the country while touching lives and contributing positively to building prosperity. Transcorp Group, as a leading …
Stanbic IBTC Trustees Wins Diamond Award For Customer Focus At 2025 West Africa Innovation Awards Business
Stanbic IBTC Trustees, a subsidiary of Stanbic IBTC Holdings, has been recognised as the Most Customer-Focused Trust and Investment Company of the Year – Nigeria at the 2025 West Africa Innovation Awards (WAIA). The Trustee was honoured with the prestigious Diamond Award for Customer Service Excellence, affirming its leadership in delivering customer-centric fiduciary and investment …
Refiners Warn: Fuel Importers Could Go Out Of Business
The Crude Oil Refinery Owners Association of Nigeria (CORAN) has warned that fuel importers in the country could soon be pushed out of the market if they don’t adapt to the rise of local refining. This warning comes as the Federal Government reinstated the naira-for-crude deal, allowing local refineries like …
Ford suspends vehicle exports to China as tariff war escalates
Ford Motor Company has announced the suspension of shipments of several vehicle models to China, citing the mounting challenges posed by escalating trade tensions and retaliatory tariffs. The decision affects popular American-made vehicles, including the F-150 Raptor, Mustang, Michigan-assembled Bronco SUVs, and Kentucky-built Lincoln Navigators. The automaker explained in a statement released on Friday that …
Ford Halts Car Shipments To China Over Tariffs
Ford Motor Company has paused shipments of several U.S.-made vehicles to China, citing rising trade tensions and steep tariffs. The decision affects well-known models such as the F-150 Raptor, Mustang, the Michigan-built Bronco, and the Kentucky-made Lincoln Navigator. In a statement on Friday, Ford said it had “adjusted exports …
Volvo To Lay Off 800 U.S. Workers Amid Trade Struggles
Volvo Group has announced plans to reduce its workforce by up to 800 employees across three U.S. facilities over the next three months, citing continued market uncertainty and a drop in demand—challenges worsened by tariffs implemented during the Trump administration. The layoffs will affect the Mack Trucks plant in …