Business

Shareholders of Lafarge Africa Plc on Monday November 6, 2017 approved the proposed scheme of merger with United Cement Company of Nigeria Limited (Unicem) and Atlas Cement Company Limited (Atlas). The board of directors of Lafarge Africa received shareholders endorsement at a court ordered meeting in Lagos. According to chairman of Lafarge Africa Bolaji Balogun who addressed shareholders on the …

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  Chief Magistrate Chinyere  Elewe Nwecheonwu of Chief Magistrate Court Zone 6, Abuja on Monday adjourned till January 25, 2018, further hearing on the matter between the Federal Government and the BGL Group and its officials, this is even as Managing Director of the Company, Albert Okumagba was again absent in court.   The adjournment became necessary after counsel to Deputy …

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The recently concluded Global Nutrition Summit 2017, held in Milan, Italy, convened governments, international agencies, foundations, civil society organisations and businesses to accelerate the global response to malnutrition, an underlying cause of nearly half of all global child deaths. A major highlight of the Summit was the pledge by the Aliko Dangote Foundation to invest US$100 Million over five years to tackle …

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The Board of Nigerian Aviation Handling Company Plc (Nahco Aviance) has approved the appointment of Mr Idris Yakubu as the substantive Managing Director/Chief Executive Officer of the company with effect from November 3, 2017.   Yakubu replaces Mrs Folashade Ode who was the Acting Managing Director/CEO of the company.

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Motorists and other road users have been urged by the Lagos State government to follow safety rules and measures in place to prevent disasters as a result of the ongoing construction of the Oshodi Transport Interchange. In a statement on Sunday by the Permanent Secretary in the state’s Ministry of Works and Infrastructure, Mr. Olujimi Hotonu, the government said with …

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Governor Akinwunmi Ambode has said Lagos State has the grand plan to divert at least two million passengers on the waterways daily, thereby reducing traffic on the roads. He stated this on Sunday during the commissioning of three newly acquired executive boats by the state government, with a pledge to fully explore the tourism and economic potentials of the waterways …

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The Board of the International Organization of Securities Commissions (IOSCO) has published two update reports titled update to the IOSCO peer review of regulation of money market funds and update update to the IOSCO peer review of implementation of incentive alignment recommendations for securitisation. These reports summarize IOSCO’s ongoing efforts in monitoring implementation of reforms for money market funds (MMF) …

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Oluwashola Andrey Jesuseitan is an entrepreneur, business coach and Chief Responsibility Officer of Petdavella Group. Over the years his organisation has provided trainings and seminars to give stability to businesses in Akute, Ogun State via seminars and counseling. In this interview, he told DAYO EMMANUEL what his organisation has done in the past years. His outfit has been able to …

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President Muhammadu Buhari has commended Nigeria’s progress in World Bank’s Doing Business Ranking. The number one citizen also welcomes most heartily the phenomenal improvement of Nigeria’s economy as released by the World Bank’s latest rankings released last Tuesday. According to a release posted on Facebook page of Special Adviser to the President (Media & Publicity), Femi Adesina, the report reveals …

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Nigeria, the Economic Community of West African States (ECOWAS), World Trade Organisation (WTO), Friends of Investment Facilitation for Development (FIFD) and participants at the High Level Policy and Private Sector Trade and Investment Facilitation Partnership Forum today adopted a declaration titled “The Abuja Statement” at the close of the two-day event, which saw the participation of over 30 African countries …

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