Category: Business

ayade

Cross River Assembly Passes State’s N1.3tr Budget  

BY EDIDEM UYA in Calabar• The Cross River House of Assembly has passed the over N1.3 trillion budget presented to the assembly for the 2018 fiscal year by Governor Ben...

field-service-engineer

GE to Assist Shell at Afam VI Plant

BY OKEMIRI CHINENYE in Lagos• GE’s Power Services business on has disclosed that it has signed a multi- year service agreement (MYA) with Shell Petroleum...

Standard-Bank-logo

Standard Bank: Innovation, Consolidation to Drive African Telecom, Media

BY OKEMIRI CHINENYE in Lagos• The global head of TMT for Africa’s largest bank, Standard Bank, is predicting continuing deal flow and increasing investment in...

onitsha chamber of commerce members

Onitsha Chamber of Commerce Condemns  Multiple taxation, Extortions

BY OSOLOKA NNAMDI in Awka• The Onitsha Chamber of Commerce, Industry, Mines and Agriculture (ONICCIMA) has condemned the spate of multiple taxation/levies in the...

NEXIM

NEXIM Urges SMEs in Southeast, Delta States to Access N550b Export Facilities

The Nigerian Export-Import Bank (NEXIM) has called on export-oriented Small and Medium Entrepreneurs (SMEs) in the Southeast and Delta States to access the N500 billion...

Eyo-Ita

2018 Budget: Nigeria to Eliminate Corruption in Public Procurement

BY ANIEKAN SAMSON in Calabar• Nigerian government through the Bureau of Public Procurement (BPP) has announced new measures in the 2018 fiscal year to eliminate...

Made in Aba

Ford Foundation Backs Made-in-Aba Campaign with $200,000

 BY OSOLOKA NNAMDI in Awka• United States-based international development organisation, the Ford Foundation, has adopted Abia State as a key partner state in Nigeria...

Benin-Airport

Edo Opens Tourism Desks at Benin Airport

Edo State Ministry of Arts, Culture, Tourism and Diaspora Affairs, in partnership with Viko Nigeria, has unveiled tourism and information desks at the Benin Airport to...

Peter obi

Bring Home Your Ideas, Obi Tells Nigerians in Diaspora

BY COLLINS NKWOCHA in Lagos• The former Governor of Anambra State, Mr. Peter Obi has called on Nigerians in diaspora to develop full interest in what happens in...

radisson-blu-anchorage-hotel-lagos-28862

FCMB to Fund Acquisition of Radisson Blu Hotel Ikeja

 First City Monument Bank (FCMB) has announced that it will finance the 155-room Radisson Blu Hotel located at Ikeja GRA in Lagos, reflagged by Carlson Rezidor after...

Travel

Nigeria Travel Awards Appoints Coker as Jury Member

Organising committee of the Nigeria Travel Awards has announced the appointment of the Director General of the Nigerian Tourism Development Corporation (NTDC), Mr....

Alhaji-Lai Mohammed

Nigeria Unveils Committee for African Tourism Ministers’ Conference 

Nigeria’s Minister of Information and Culture, Alhaji Lai Mohammed, has inducted the planning committee for the 61st Meeting of the United Nations World Tourism...

dangote

Entrepreneurship: Dangote Donates N1.2b Business School to Bayero Varsity

PRESS RELEASE• Commitment to encouraging entrepreneurship in the country as a way out of the economic doldrums, Nigeria’s business magnate, Aliko Dangote, is...

saraki-says

CAMA, ISA Bills to Get Speedy Passage, Says Saraki

BY ADAKU ADINDU in Abuja• The Companies and Allied Matters Act (CAMA) and the Investment and Securities Act (ISA) will get swift consideration and passage after...

Dr-Maikanti-Baru

Crude Sales: NNPC Earned $239.10m in November

BY ADAKU ADINDU in Abuja• The nation’s apex oil regulation body, the Nigerian National Petroleum Corporation (NNPC) declared receipt of $239.10 million in the...

Total

Total’s Egina FPSO Vessel Arrives for Africa’s Pioneer Local Integration

Total Upstream Nigeria Limited (TUPNI), which operates the deepwater Egina oilfield offshore Niger Delta has successfully berthed the mammoth floating production vessel...

CEOs

PwC: South African CEOs Optimistic About Company’s Growth

Worldwide the majority of CEOs are optimistic about the economic environment amid geopolitical uncertainty, corporate misconduct and the impact of artificial...

Funke-Opeke5

MainOne to Boost Connectivity in Research, Education Institutions

BY OKEMIRI CHINENYE with agency report• Following a highly competitive and non-discriminatory bidding process involving leading communications operators in Africa,...

dangote

Dangote’s Multi-million Naira Unibadan Business School Ready Soon

Africa’s foremost entrepreneur, Aliko Dangote has assured that the N250 million University of Ibadan Business School being constructed by him would soon be ready...

powell

US: Senate Approves Jerome Powell as Federal Reserve Head

US senators have approved Donald Trump’s choice for the next head of the US central bank-the world’s most powerful economics job. Jerome Powell, a multi-millionaire,...