Business

Eight African comedy stars will on Sunday, August 12, 2018, storm Accra, Ghana for Glo Laffta Fest. It promises to be an evening of unlimited fun and entertainment. The show is slated for the Fantasy Dome, Trade Fair Centre, Accra. The comics will be joined on the entertainment stage by three Nollywood stars and world-class Ghanaian boxer and Glo Influencer, Samir …

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The Lagos State Government has in the last three months released N2.04 billion to clear the arrears of pensions under the Contributory Pension Scheme. Mrs Folashade Onanuga, the Director General of the Lagos State Pension Commission made this known in a statement in Lagos on Monday. Onanuga said that the sum represented money released for the months of May, June …

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Shareholders of Zenith Bank Plc are to smile once again, as the board of directors on Monday August 6, 2018 declared an interim dividend of 30 kobo, being N9.42 billion, from the retained earnings account as at June 30, 2018. According to the bank’s half-year results posted on the website of the Nigerian Stock Exchange (NSE) the interim dividend is …

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To acquire eight new vessels for shipmentsThe Nigeria Liquefied Natural Gas (NLNG) Limited has said it is targeting to deliver the first Liquefied Natural Gas (LNG) consignments from its upcoming eight million tonnes per annum (mtpa) Train-7 plant between 2023 and 2024.It also stated it would procure between seven and eight new vessels which would be used to deliver the …

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The board of STACO Insurance Plc on Friday August 3, 2018 announced dismissal its Chief Executive Officer Dr Sakiru Oyefeso on grounds of financial misappropriation, abuse of office and breach of corporate governance best practices. Oyefeso has been CEO of the company since its inception in 1994. According to a notice sent to the Nigerian Stock Exchange (NSE) Bayo Fakorede …

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Heritage Bank Plc, ­­­­­­­­Nigeria’s Most Innovative Banking Service provider, has successfully attained recertification of the Payment Card Industry Data Security Standard (PCI DSS) version 3.2, having achieved the International Organisation for Standardisation ISO 27001:2013 recertification recently. With its legacy of innovation, the recertification reaffirms the bank’s leading position in the payment card industry in Nigeria, as first to issue a …

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There is no respite yet for the crisis rocking ETISALAT that has now metamorphosed to 9MOBILE as Industrial training Fund and its Director General have renewed their legal battle against the Telecommunication giant in a bid to collect statutory contributions in the sum of N4,5570,093,340.57 from the company. In a statement of  claim filed before the court by a Lagos lawyer Dr Clifford …

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Integrated telecommunications service provider, Globacom, has improved access to its call centres with an increased manpower deployment in all its customer care contact centres across the country.   In a statement issued from its Mike Adenuga Towers, Victoria Island, Lagos, head office, Globacom said that the increased manpower at the call centres had led to a faster connectivity to all …

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The Securities and Exchange Commission (SEC) has announced that the Second Capital Market Committee (CMC) meeting in 2018 has been scheduled to hold from Thursday August 9th to Friday August 10th 2018 at the Federal Palace Hotel, Victoria Island, Lagos. While the key stakeholders in the capital market will meet on August 9th, members of the media would be briefed …

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The construction of the 650,000 barrels of crude oil per day Dangote Refinery is expected to help Nigeria save over $7.5 billion through import substitution.   The project, will put Nigeria on the global map as major oil and gas hub in Africa, the Group Executive Director, Devakumar Edwin has hinted.   Nigeria currently import large amount of its petroleum …

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