Tag: Business

Economic diversification: NIMASA seeks support of traditional rulers
March 2, 2017 No Responses

Economic diversification: NIMASA seeks support of traditional rulers

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside has solicited support of traditional rulers around the maritime domain of the country to assist the economic diversification drive of the President Muhammadu Buhari led...
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‘Economic dangers of an amended NLNG Act’
March 2, 2017 No Responses

‘Economic dangers of an amended NLNG Act’

Hopes for economic and industrial growth will be dashed if inhibitors such as the removal of legislative frameworks like the Nigeria LNG Limited (NLNG) Fiscal Incentives, Guarantees and Assurances Act, are permitted in the Nigerian gas industry, the Managing D...
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Wakanow founder emerges travel man of the year
March 2, 2017 No Responses

Wakanow founder emerges travel man of the year

Founder and Group Managing Director of Wakanow, Mr. Obinna Ekezie has been named Travel Man of the Year at the 2016 ATQ Travel Personality awards scheduled to hold in March this year.   Organized by African Travel Quarterly, a member...
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SEC canvasses international collaboration on mergers, acquisitions
March 1, 2017 No Responses

SEC canvasses international collaboration on mergers, acquisitions

The Securities and Exchange Commission (SEC) on Tuesday  expressed its readiness to collaborate with relevant international agencies to ensure that the growth of Mergers and Acquisitions in the country is sustained. Director General of SEC, Mounir Gwarzo stat...
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How Africa can benefit from $12tri global economic development target, by LADOL, world business leaders
March 1, 2017 No Responses

How Africa can benefit from $12tri global economic development target, by LADOL, world business leaders

The Lagos Deep Offshore Logistics base (LADOL) has joined notable world business promoters in mapping out strategies to actualize how Africa could effectively reap a whopping $1 trillion from a projected $12 trillion new market value in an emerging global...
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Dangote Cement export 0.4million tons, generates ₦615.1 billion in 2016
March 1, 2017 No Responses

Dangote Cement export 0.4million tons, generates ₦615.1 billion in 2016

For the year 2016, Dangote Cement Plc exported 0.4 million tons of Cement to other countries and generated N615.1Billion revenue. Presenting its 2016 full year audited results on the floor of the Nigerian Stock Exchange (NSE) in Lagos on Tuesday,...
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Geely to unveil first Lynk model at Shanghai auto show
March 1, 2017 No Responses

Geely to unveil first Lynk model at Shanghai auto show

China’s Zhejiang Geely Holding Group will showcase its first model for Lynk & CO — the 01 compact crossover — at the Shanghai auto show in April, the Nikkei Asian Review reported, citing a company executive. The car will go...
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Osinbajo tasks SON, NAFDAC, others on regulatory approvals within time limits
March 1, 2017 No Responses

Osinbajo tasks SON, NAFDAC, others on regulatory approvals within time limits

It is the role of government’s regulatory agencies to act as catalysts of beneficial change and to take responsibility for facilitating businesses in the country, the Acting President,  Yemi Osinbajo has said. “We must see ourselves as agents of some...
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Dangote seeks unhindered movement for trucks with perishable items, special seaport for export
February 28, 2017 No Responses

Dangote seeks unhindered movement for trucks with perishable items, special seaport for export

By Moses Ebosele –     The Vice President of Dangote Group, Alhaji Sani Dangote on Monday in Lagos implored relevant Government agencies within and outside the Seaports to facilitate unhindered movement for all trucks conveying perishable items. Speak...
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Presidency: Osinbajo not performing better than Buhari
February 28, 2017 No Responses

Presidency: Osinbajo not performing better than Buhari

The Presidency on Monday said it was wrong for anybody to be claiming that the Acting President, Yemi Osinbajo, has been performing better than President Muhammadu Buhari since the President started his extended medical vacation.  It said Osinbajo still co...
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FG flags off presidential initiative on fertilizer, targets 100,000 jobs
February 28, 2017 No Responses

FG flags off presidential initiative on fertilizer, targets 100,000 jobs

The Presidential Fertilizer Initiative of the Federal Government  produced  more than 4,000 metric tonnes of locally-blended fertilizer in the first week of operation.  The Initiative was approved by President Muhammadu Buhari in December 2016, to achieve t...
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2016: Zenith Bank declares N129.65b profit, reward shareholders with N1.77 dividend
February 28, 2017 No Responses

2016: Zenith Bank declares N129.65b profit, reward shareholders with N1.77 dividend

For the year ended December 31, 2016, Zenith International Bank Plc has declared a profit after tax of N129.65 billion and a final dividend of N1.77 per share  This is contained in the company’s audited report released by the Nigerian...
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COSCO posts $695m loss in 2016, records 22.6 % drop in shipping, others
February 28, 2017 No Responses

COSCO posts $695m loss in 2016, records 22.6 % drop in shipping, others

(WMN) COSCO Corporation (Singapore) Limited, a shipbuilding, marine engineering and dry bulk shipping group, saw a net loss of SGD 976.1 million (USD 695.5 million) in 2016, against a net loss of SGD 914.8 million (USD 651.8 million) recorded in 2015,...
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NIMASA targets strategic growth with 2017 Budget
February 28, 2017 No Responses

NIMASA targets strategic growth with 2017 Budget

The 2017 budget of Nigerian Maritime Administration and Safety Agency (NIMASA) is tailored towards strategic growth and other developmental initiatives of the maritime sector, Director General, Dr. Dakuku Peterside has said. The DG who stated this during the 2...
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