L – R shows Mr. Jude Chiemeka, Divisional Head, Trading Business, The Nigerian Stock Exchange (NSE); Mr. Olumide Bolumole, Divisional Head, Listing Business, NSE; Mrs. Olatokunbo Fagbem Group Managing Director/CEO, NAHCO Plc; Mr. Olumuyiwa Olumekun, Executive Director, NAHCO Plc and…
Minimum Wage: Labour Begins Mobilisation Of Members
Worried by alleged government’s efforts to derail the implementation of a new National Minimum Wage, organized labour has commenced mobilization of its members nationwide to prepare them for “the next line of action”. Operating under the aegis of the Trade…
IITA Youth Agripreneur Program Wins Award
The youth program of the International Institute of Tropical Agriculture (IITA) has won the 2019 International Innovation Award for sustainable food and Agriculture. The award is in recognition of IITA’s commitment to improving both agribusiness opportunities and creditworthiness of youth…
Samsung Secures Order For Special-Purpose Vessel
South Korean shipbuilder Samsung Heavy Industries (SHI) has received an order for the construction of one special-purpose ship for an undisclosed European shipowner. As informed, the order is worth KRW 134.8 billion (around USD 1.2 billion). Signed on June 28,…
ECOWAS Adopts ECO As Name Of Single Currency
The leadership of Economic Community Of West African States (ECOWAS) heads of State and Government at the weekend in Abuja, Nigeria adopted ECO as the name of the single currency to be issued in January 2020. The leaders at their…
SEC To Skye Bank Investors: Claim Your Dividends
The Securities and Exchange Commission, SEC, has again re iterated it earlier directives to shareholders of defunct Skye bank to claim their dividend payment. This the SEC said is part of its investor protection programme and as well as ensure…
CFA Institute To Partner Ecobank On Training, Research
The Chief Executive and President Chartered Financial Analyst (CFA) Institute, Paul Smith has called for a closer collaboration with Ecobank Nigeria along areas of mutual interest in the nation’s financial industry. Smith who was speaking during a courtesy visit to…
Buhari Steps Down As ECOWAS Chairman, Seeks Common Security Strategy In W/Africa
Insecurity challenges in the West African subregion can only be effectively tackled if a common strategy is adopted by member states, President Muhammadu Buhari has said. Meanwhile, the Economic Community Of West African States ( ECOWAS) heads of states and…
Honda Recalls 1.6m Vehicles
Honda is recalling 1.6 million vehicles in the U.S. to replace potentially deadly Takata air bag inflators, completing its required recalls six months ahead of schedule, the automaker has said. When the latest recall is done, Honda says it will…
Olaleye Emerges TUC President
The Trade Union Congress of Nigeria (TUC), at the weekend, elected Comrade Quadri Olaleye as its National President. Olaleye will head a 14-member National Administrative Council (NAC), who were also elected to pilot the affairs of the Labour Centre for…
Sunu Assurances Boss Lauds New Capital Base Requirement For Insurance Sector
The Managing Director, Sunu Assurances Nigeria Plc, Mr Samuel Ogbodu, has commended the National Insurance Commission (NAICOM) for increasing the capital base of various categories of players in the industry. According to Ogbodu, the proposal is expected to consolidate the…
Photo News
L-R: Fela Ibidapo, Head, Corporate Communications, Heritage Bank; Mide Kunle-Akinlaja, Executive Producer, The Next Titan; Jumoke Oduwole, Senior Special Assistant to the President of Nigeria on Industry, Trade and Investment; Adekunle Oyinloye, Group Managing Director, SIFAX Group and Kyari Bukar,…
Shell, Exxon Mobil Target Re-Entry Into Somalia’s Upstream Sector
Shell and Exxon Mobil are looking to re-enter the market in Somalia ahead of an oil block bid round taking place later this year, the country’s oil ministry said in a statement. Shell and Exxon Mobil had a joint venture…
Nissan Records Ten Millionth Vehicle At Sunderland Plant
Nissan Sunderland Plant is celebrating another record-breaking milestone as the ten millionth vehicle rolls of the production line. A statement explained that it has taken the plant 33 years to reach the ten million mark – making it the fastest…