Boeing unveiled a shift to its leadership structure on Friday as it manages the 737 MAX crisis, announcing that Dennis Muilenburg will remain chief executive but step down as chairman. The company said splitting the roles would allow Muilenburg to focus full time on running the company “as it works to return the 737 MAX Read more
Estimated to hold 37 billion barrels of proven oil reserves, Nigeria is the second biggest oil-rich country in Africa, after Libya. The exploitation of these resources has been in the hands of the Nigerian National Petroleum Corporation (NNPC) that was established in 1977 as a merger of the Nigerian National Oil Corporation and the Federal Read more
Nigeria’s leading financial institution, Zenith Bank Plc, has introduced Z-Money, which brings banking services closer to its customers and enhance financial inclusion among the under-banked and unbanked populace of the country. Z-Money is an agency banking product of the bank which entails the onboarding of agents who are expected to render basic financial services on Read more
Automobile dealers in Nigeria are currently facing most difficult moments in the trade as the Nigeria Customs Service (NCS) begins a major clampdown on car dealers in search of smuggled vehicles. Newsheadline247 understands that The NCS has begun the clampdown on car marts across the country, particularly in Lagos, Katsina, Kaduna and Sokoto states. Information Read more
…aimed at serving SMBs across Sub-Saharan Africa LAGOS, Nigeria, October 3, 2019/ — Facebook, in partnership with Teleperformance, has announced the opening of its first Small Business Group (SBG) Operations Centre in Lagos, Nigeria, which will provide outsourced support to all English speaking advertisers across Sub-Saharan Africa. The centre will support advertisers across the region Read more
Leading foods and infrastructure giant, BUA Group and owners of BUA Ports and Terminal, Port Harcourt, has said it will follow due process in defending and protecting its rights against the recent decommissioning of its Terminal in Port Harcourt by the Nigerian Port Authority (NPA) – a move described by the maritime union and industry Read more
Fidelity Bank, one of Nigeria’s leading financial institutions has urged the general public to be wary of some ‘misguided’ individuals who are planning social media attacks against the bank. These ‘misguided’ individuals who are also plotting disruption of service in order to cast the bank in bad light were identified as few outsourced staff who Read more
+ What Caused 2006 ADC Airline Crash That Killed Sultan Of Sokoto Contrary to some media reports that the recent crashes recorded by Air Peace, one of Nigeria’s leading airlines were caused by faulty and substandard tryes, experts have revealed that the crashes were caused by human errors and judgments. Experts who spoke on the Read more
Renewable energy will displace petroleum as the most-used global energy source in the late 2040s, but oil demand is not expected to peak before 2050, the United States Energy Information Administration, yesterday, in its latest long-term international outlook, said. EIA predicts that renewables – including wind, solar and hydroelectric – will become the largest source Read more
Fidelity Bank Plc, one of the leading financial institutions in Nigeria, has handed over a well-equipped, state-of-the-art kitchen/catering laboratory for the use of students at the Girls Correctional Home, Idi-Araba, Lagos. The bank described the project as a clear demonstration of its commitment towards enhancing the lives and wellbeing of underprivileged members of the society. Read more
