Business

The Lagos State government has commenced an extensive rehabilitation of major link roads across the state, including roads in and around the popular Ladipo market in continuation of its drive to ensure smooth flow of traffic in the area. Deputy Director, Ministry of Works and Infrastructure, Mr. Sina Thorpe, in a statement on Sunday, said the government in realizing the …

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Ecobank, the leading pan-African banking group, has won “Bank of the Year” awards in five of its countries of operation. Ecobank scored the five-trophy hall at The Banker awards, which were held on 29th November at the Hilton London Bankside, with Cameroon, Guinea Conakry, Gambia, Togo and Uganda, all emerging triumphant. This is the second consecutive year that The Banker …

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The Federal Government of Nigeria has appointed Dr. Abdul Zubair, the acting Director General of the Securities and Exchange Commission (SEC) with immediate effect. He was before the appointment, the Director in charge of External Relations in the Commission. In view of the foregoing, the SEC Nigeria, wishes to assure the investing public and all stakeholders, local and international, of …

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The Nigeria nation will not be able to attain its vision 2020 expectation of becoming the 20th largest economy in the globe, so says a top Banker and financial analyst, Dr. Alaba Olusemore. Speaking on the occasion of the 12th year Anniversary of Nigeria Banking Consolidation held at  Chartered Institute of Bankers of Nigeria (CIBN)Head Office, V.I.Lagos Thursday,Dr. Olusemore who is the …

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Against all odds, Lafarge Africa Plc on Thursday November 30, 2017, assured market operators of its commitments towards sustainable growth that will deliver returns to all stakeholders. The management led by the Group Managing Director Michel Puchercos disclosed this to stockbrokers and financial journalist during the company fact behind right issue of N131.65 billion at the floor of Nigerian Stock …

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….Has Been Removed From Govt’s Payroll – Accountant General of the Federation The Honourable Minister of Finance, Mrs. Kemi Adeosun, on Thursday, revealed that the Federal Government stopped the payment of salary to the former Chairman of the Pension Task Force Team, Mr. Abdulrasheed Maina, in March 2013. The minister made this disclosure in Abuja while appearing before the House …

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* Urges planners and experts to develop measures to accelerate momentum Top planners, policy experts and managers in the country have been urged to focus attention on the development of more measures capable of sustaining and accelerating the momentum of activities in the country’s economic recovery and growth efforts. Budget and National Planning Minister, Senator Udoma Udo Udoma, who made …

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In a couple of weeks from now, curtain would be drawn on Year 2017 and as the new year beckons, Nigerians would be confronted with flurry of political activities, leading to Year 2019 general elections. Expected to be dominant features in political landscape during 2018 are carpet crossing, parties’ primaries, horse tradings and of course, political rallies & campaigns. A …

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…As NNPC Collaborate on Medicine, Manpower Development At a time that international crude oil market is getting more competitive, the Hungarian Government has indicated interest to purchase crude oil and Liquefied Natural Gas (LNG) from Nigeria. The Hungarian Ambassador to Nigeria, Professor Gabor Ternak, who disclosed this during a courtesy call on the Group Managing Director of the Nigerian National …

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The Federal Government, through the National Council on Privatisation, has sacked the concessionaire in charge of the Lagos International Trade Fair Complex over the non-remittance of lease fees totalling N6bn. As stated in the termination letter issued by the NCP, the concessionaire, Aulic Nigeria Limited, had breached the agreement it signed in 2007 with the Federal Government. According to the …

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