The Lagos State Government, through the Ministry of Wealth Creation and Employment, has commenced its internship training of 2,000 graduates in partnership with MacTay Consulting Limited. As part of the Graduate Internship Programme, the ministry said the beneficiaries would gain work experience and exposure in their chosen trades. Speaking in Lagos on Tuesday at a breakfast meeting with stakeholders, the …

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The Nigeria Employers’ Consultative Association has called on the Federal Government to constitute a tripartite committee that will deliberate on the new national minimum wage. While expressing displeasure at the disruption of the National Workers’ Day celebration in Abuja by aggrieved workers, the Director-General, NECA, Mr. Olusegun Oshinowo, said in a statement on Tuesday, that the fracas would have been …

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The Minister of Justice and Attorney General of the Federation, Abubakar Malami, has approved a special task force for the investigation and prosecution of electricity theft cases under the Electric Power Sector Reform Act, 2005. The task force was inaugurated by the Director of Public Prosecutions of the Federation, Mr. Mohammed Umar, during a joint conference organised by the Abuja …

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The Asset Management Company of Nigeria-appointed management of Arik Air has said that as a result of the rot in the airline, it is being forced to make refunds of between N60m and N75m to dissatisfied customers on a weekly basis. According to the Chief Executive Officer, Arik Air, Capt. Roy Ilegbodu, the new management has been saddled with the …

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The Nigerian National Petroleum Corporation has said it has engaged its joint venture partners, Chevron and Total, to build power plants in Obite and Agura. The Group Managing Director, NNPC, Dr. Maikanti Baru, stated this at the ongoing Offshore Technology Conference in Houston, Texas, United States. The GMD, who was represented by the Chief Operating Officer, Gas and Power, Mr. …

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The Group Managing Director of the Nigerian National Petroleum Corporation, Dr. Maikanti Baru, on Tuesday stated that oil production in the country had risen from 1.2 million barrels per day to two million barrels per day. Baru said this in an interview with State House correspondents after meeting behind closed doors with President Muhammadu Buhari at the Presidential Villa, Abuja. …

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A coalition of media advocacy organizations in Nigeria under the aegis of the Partnership for Media and Democracy in Nigeria (PAMED) have called on the Federal Government to create an enabling environment for media practice in the country. PAMED, made up of the Institute for Media and Society (IMS), the International Press Centre (IPC), and Media Rights Agenda (MRA), noted …

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About 15 commercial banks were on Tuesday barred from dealing in foreign exchange through the recently created small and medium enterprises, SMEs wholesale forex window. The decision by the Central Bank of Nigeria, CBN, to wield the big stick followed persistent complaints against the erring deposit money banks, DMBs, that they were deliberately frustrating efforts by many of the SMEs …

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Photo Caption. From left, Dr Koyinsola Ajayi, SAN, Non-Executive Director, Dangote Sugar Plc;  Haruna Jalo-Waziri, Executive Director, Capital Markets Division, The Nigerian Stock Exchange (NSE); Engr. Abdullahi Sule, Ag. Group Managing Director, Dangote Sugar Plc and Bennedikter Molokwu, Non-Executive Director, Dangote Sugar Plc at  Facts Behind the Figures Presentation at the Exchange on Tuesday. Advertisement  

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From Left, Deputy President, Lagos Chamber of Commerce and Industry (LCCI) Knut Ulvmoen, President, Chief Dr Nike Akande, Managing Director/CEO, CMC Connect, Mr Yomi Badejo, and Chairman, Trade Promotion Board LCCI, Mr Sola Oyetayo, at the unveiling of Lagos Manila for the 2017 Commerce and Industry Awards by LCCI, in Lagos, on Tuesday. Advertisement

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