Edo Explores Water Transport Potentials

Edo Explores Water Transport Potentials

Edo State Government has pledged to harness economic potentials in its water transportation ecosystem as part of measures to boost economic growth and development.  Chairman of the Edo State Oil and Gas Producing Areas Development Commission (EDSOGPADEC), Pastor Kennedy Osifo...
read more
Unilever To Revisits $65b Merger Deal With GSK

Unilever To Revisits $65b Merger Deal With GSK

Unilever has signaled it will continue pursuing a blockbuster deal to buy GlaxoSmithKline’s (GSK) healthcare arm. Unilever has already had a £50b ($65b) offer rejected, but said on Monday a deal would be a “strong strategic fit”.  ...
read more
Army Takes Delivery Of 15 New Toyota Hilux

Army Takes Delivery Of 15 New Toyota Hilux

The Nigerian Army has taken delivery of not less than 15 new Toyota Hilux to reward former and present personnel as part of measures to boost morals.  Under the arrangement and in line with the series of activities marking the Armed...
read more
EEDC Decries Energy Theft, Meter Bypass In S/East

EEDC Decries Energy Theft, Meter Bypass In S/East

The management of Enugu Electricity Distribution Company (EEDC), on Sunday, decried the raising spate of outright energy theft and meter bypass within the South-East.  “This development has consistently impacted negatively on the revenue of the company ...
read more
GSK Rejects $65b Unilever Bid For Consumer Goods Division

GSK Rejects $65b Unilever Bid For Consumer Goods Division

GlaxoSmithKline has rejected three Unilever offers to buy its consumer goods division, including one worth £50b ($65b). GSK said the proposals “fundamentally failed” to reflect the value of the division.  With a successful bid, Unilever &#821...
read more
Dangote Advocates Unity Among Africans As Afreximbank Unveil Centralised Payment, Settlement Infrastructure Platform

Dangote Advocates Unity Among Africans As Afreximbank Unveil Centralised Payment, Settlement Infrastructure Platform

President of Dangote Group, Aliko Dangote, has charged African leaders and citizens to be united in the promotion of the continent’s intrinsic greatness through improved trade relations amongst African countries.  Speaking at the formal launch of the Pa...
read more
LADOL Retains ISO 45001:2018, 14001:2015 Certifications

LADOL Retains ISO 45001:2018, 14001:2015 Certifications

LADOL Free Zone has renewed and retained its International Organization for Standardization, ISO 45001:2018+14001:2015 certifications. A statement explained that the certifications are part of the company’s efforts to continuously improve its management Syst...
read more
Supreme Court Reverses N2.4b Ruling Against GTBank

Supreme Court Reverses N2.4b Ruling Against GTBank

The Supreme Court has reversed its earlier decision which dismissed an appeal filed by Guaranty Trust Bank against a N2.4bn judgment given in favour of Innoson Motors Nigeria Limited by the Court of Appeal in Ibadan, Oyo State. A judgment...
read more
Borno Awards N2.8b Maiduguri Road Contract

Borno Awards N2.8b Maiduguri Road Contract

The Borno Government has awarded N2.8b contract for construction of 8.2 kilometers Maiduguri township roads.  Mr Ali Goni-Lawan, Permanent Secretary,  Ministry of Works, stated this at the signing ceremony of the contract on Saturday in Maidugur...
read more
EU Blocks Hyundai, Daewoo Shipping Merger

EU Blocks Hyundai, Daewoo Shipping Merger

The European Commission has adopted a decision to prohibit a mega-merger that would combine two South Korean shipbuilding companies, Hyundai Heavy Industries Holdings (HHIH) and Daewoo Shipbuilding & Marine Engineering (DSME). The merger between the two So...
read more
Group Endorses Onofiok Luke For Akwa Ibom Governorship Race

Group Endorses Onofiok Luke For Akwa Ibom Governorship Race

Ibom Consolidated Forum for Sustainable Development (ICFSD), a socio-political group, has recommended Rep. Onofiok Luke, Chairman, Committee on Judiciary, for governorship post of Akwa Ibom in 2023.  This is contained in a statement issued by Jeremiah Awa...
read more
New Ransomware Attacking Organisational Networks Discovered

New Ransomware Attacking Organisational Networks Discovered

The Nigerian Communications Commission (NCC) has alerted members of the public that a cybercrime group has perfected a new year scheme to deliver ransomware to targeted organizational networks.  A statement issued by Dr. Ikechukwu Adinde, Director, P...
read more
Nigeria Cruise Into Last 16 After Win Over Sudan

Nigeria Cruise Into Last 16 After Win Over Sudan

Nigeria cruised to a 3-1 victory over Sudan at the Africa Cup of Nations which booked their spot in the last 16. Samuel Chukwueze set the ball rolling for the Super Eagles in the third minute from a Moses Simon...
read more
FMDQ Admits MeCure Industries Commercial Papers

FMDQ Admits MeCure Industries Commercial Papers

FMDQ Securities Exchange has approved the quotation of the MeCure Industries Ltd Series 1 and Series 2 Commercial Papers (CPs) on its platform.  In a statement issued on Friday, FMDQ explained that the Series 1 (N0.49 billion) and Series 2...
read more
1 2 3 788