Category: News

Housing Deficit: SEC Pledges Collaboration With Stakeholders
December 9, 2021 No Responses

Housing Deficit: SEC Pledges Collaboration With Stakeholders

The Securities and Exchange Commission (SEC)  has pledged to collaborate with relevant stakeholders on real estate investments in as part of measures to curtail housing deficit in the country.  Director-General of the SEC, Mr. Lamido Yuguda made the pledge during a...
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Air Peace Partners Project Pink Blue On Cancer Management
December 9, 2021 No Responses

Air Peace Partners Project Pink Blue On Cancer Management

As part of its Corporate Social Responsibility (CSR) Air Peace has partnered with Project Pink Blue for its 2021 Upgrade Oncology Programme, an initiative for strengthening the capacity of cancer treatment through training in oncology in Nigeria.  A state...
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Equinix Acquires MainOne For $320m
December 8, 2021 No Responses

Equinix Acquires MainOne For $320m

Equinix Inc, international digital infrastructure company, on Tuesday announced its expansion into Africa through $320m acquisition of MainOne, a leading West African data center and connectivity solutions provider.  Charles Meyers, CEO, of Equinix, expla...
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Customs Bill On Electronic Transactions Scales 2nd Reading In Senate
December 8, 2021 No Responses

Customs Bill On Electronic Transactions Scales 2nd Reading In Senate

A bill to empower Nigeria Customs Service (NCS) to carry out electronic transactions scaled second reading in Senate on Tuesday.  This followed the presentation of the lead debate on the general principles of the bill by the sponsor, Sen. Francis...
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Dangote Refinery Awards Scholarship To Students In Host Communities
December 7, 2021 No Responses

Dangote Refinery Awards Scholarship To Students In Host Communities

As part of its Corporate Social Responsibility (CSR) programmes, Dangote Oil Refining Company has awarded scholarships to students of 137 tertiary institutions and secondary schools from its host communities in Ibeju Lekki, Lagos State.  The company said ...
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AMCON To Publish Debtors’ List In January
December 7, 2021 No Responses

AMCON To Publish Debtors’ List In January

The Asset Management Corporation of Nigeria (AMCON) has concluded arrangements to publish the full list of the names of individuals, institutions as well as their Directors on its Non-Performing Loans (NPLs) portfolio in national newspapers.  The Chairman...
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FIRS Urges Comprehensive Revenue Inclusion
December 7, 2021 No Responses

FIRS Urges Comprehensive Revenue Inclusion

Executive Chairman, Federal Inland Revenue Service (FIRS) Muhammad Nami, on Monday in Abuja called for the aggregation of all revenues generated at national and sub-national levels.  This, he said, would enable proper determination and accurate computatio...
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Task Team Leader Visits APPEALS National Coordination Office
December 7, 2021 No Responses

Task Team Leader Visits APPEALS National Coordination Office

The World Bank Task Team Leader and Senior Agriculture Economist,  Dr. Adetunji Oredipe arrived at the National Coordination Office (NCO) on Monday ahead of the Opening Session of the World Bank 7th Implementation Support Mission holding in Abuja   The Tas...
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Okomu Oil Honours 128 Staff With Long Service Awards
December 6, 2021 No Responses

Okomu Oil Honours 128 Staff With Long Service Awards

Okomu Oil Palm Company Plc, at the weekend, rewarded 128 staff with long-service awards.   The company commended the staff for putting in between 15 and 25 years of meritorious service, adding that out of the 128 awardees, 107 are junior...
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SIFAX Group Appoints Musah, Osho MD, ED
December 4, 2021 No Responses

SIFAX Group Appoints Musah, Osho MD, ED

SIFAX Group has appointed Mobolaji Musah as the new Managing Director, SIFAX Oil & Gas Limited while Olujimi Osho has been elevated as the Executive Director, Legal Services/Company Secretary. Musah, who has over 26 years’ experience in Nigeria’s oil &...
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Countries Reach Deal To Cut Trade Costs
December 3, 2021 No Responses

Countries Reach Deal To Cut Trade Costs

Members of the World Trade Organization (WTO) have agreed on a landmark deal that could cut trade costs by £113bn a year.  Some 67 members agreed to cut red tape around licensing and qualifications.  The signatories, which include the UK,...
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Okomu Oil Targets N16.1b Turnover, N4.4b Profit in 2022 Q1
December 3, 2021 No Responses

Okomu Oil Targets N16.1b Turnover, N4.4b Profit in 2022 Q1

By Moses Ebosele, ebosele@hotmail.com — For the 2022 First Quarter (Q1), Okomu Oil Palm Company Plc has projected N16.2B (N16,158, 477) turnover and profit after tax of N4.4b (N4,470, 477).  In its presentation of forecast to the...
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Nigeria Trains 200,000 Youths On Digital Literacy, Entrepreneurship
December 3, 2021 No Responses

Nigeria Trains 200,000 Youths On Digital Literacy, Entrepreneurship

The Ministry of Youth and Sports Development has trained 200,000 youths on Digital Literacy, Skills Acquisition, Entrepreneurship, Employability and Leadership programme.   The Minister, Sunday Dare made the disclosure at a Book L...
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5G: NCC Denies Shifting Deadline After MTN Bid
December 3, 2021 No Responses

5G: NCC Denies Shifting Deadline After MTN Bid

The management of  Nigerian Communications Commission (NCC) has denied shifting bid deadline for 5G network after MTN submitted Bid A statement issued by Dr. Ikechukwu Adinde, Director, Public Affairs, read: “The Nigerian Communications Commission (NCC)...
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