Oando sells 49 per cent stake in Gas, Power subsidiary for $115.8 Million

Oando sells 49 per cent stake in Gas, Power subsidiary for $115.8 Million

The Board and Management of Oando Plc has concluded arrangement to sell 49 per cent equity stake in its midstream subsidiary, Oando Gas and Power (OGP) Limited to a new investor, Helios Investment Partners  for $115.8 million.    The transaction...
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CMA CGM unveils new African phase, inaugurates training for executives

CMA CGM unveils new African phase, inaugurates training for executives

CMA CGM Vice Chairman,  Rodolphe Saadé,  will on Tuesday, September 20th, 2016  inaugurate a unique training course tailored for its future African executives,   With the launch of this new African development phase, CMA CGM explained that it will advance...
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Organisers explain new date for SITEI conference

Organisers explain new date for SITEI conference

To ensure the crucial participation of concerned stakeholders, Friends of SITEI have opted to move the conference to a new date: Tuesday, 25th October 2016.   A statement issued by the organisers explain that the SITEI conference which is an annual multi-s...
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Elumelu seeks more U.S engagement, investment  in Africa

Elumelu seeks more U.S engagement, investment in Africa

The chairman of United Bank for Africa Plc, (UBA) Tony Elumelu, has called for more United States of America (USA)  engagement in Africa through mutually beneficial trade and investment.   Elumelu, who is on a business tour of the US...
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Kachikwu, Adeosun, others list way out for Nigeria’s economy

Kachikwu, Adeosun, others list way out for Nigeria’s economy

(NAN) The Minister of State for Petroleum, Ibe Kachikwu, has identified seven key implementation strategies to boost the petroleum industry and enable export of refined products by 2019. He announced this at the Presidential Quarterly Business Forum between th...
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Buhari lauds Paralympic team

Buhari lauds Paralympic team

President Muhammadu Buhari has commended  Nigeria’s team for an outstanding performance at the  just concluded Paralympic games in Rio de Janeiro, Brazil. Buhari’s Senior Special Assiatant on Media and Publicity, Garba Shehu in a statement said the Presi...
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Photo News

Photo News

L-R: Jack Ma, Founder & Executive Chairman of Ali baba Group; Gordon Brown, former British Prime Minister and UN Special Envoy for Global Education; Aliko Dangote, President/CE, Dangote Group and Dr. Abdu Mukthar, Group Chief Strategy Officer at United Nat...
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Fowler canvasses autonomy for revenue agencies

Fowler canvasses autonomy for revenue agencies

To strengthen tax administration and generate more revenue, the Executive Chairman, Federal Inland Revenue Service (FIRS), Mr Tunde Fowler has advised African leaders to grant autonomy to their Revenue Authorities.   Addressing Chief Executives of African Tax...
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Catholic Bishops task FG on poverty, unemployment

Catholic Bishops task FG on poverty, unemployment

THE Catholic Bishops’ Conference of Nigeria (CBCN) at the weekend advised the Federal Government to tackle ongoing economic challenges ravaging the country.   In a communiqué issued at the end of the second plenary meeting held in Akure, Ondo State,...
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Obaseki is best option for Edo State, says Ogbemudia

Obaseki is best option for Edo State, says Ogbemudia

To sustain ongoing development strides of Edo State under the leadership of Adams Oshiomhole, former Governor of the old Bendel State, Dr Samuel Ogbemudia has appealed to voters to support the candidate of the All Progressive Congress (APC), Godwin Obaseki....
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Buhari speaks on plight of Lake Chad Basin at UN

Buhari speaks on plight of Lake Chad Basin at UN

President Muhammadu Buhari is to address world leaders at the United Nations 71st session on Monday in New York, United States of America (USA).  Among other issues, the President is expected to address the plight of the over nine million...
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What is wrong with Manchester United?

What is wrong with Manchester United?

By Ryan Rosenblatt –  Nine days ago, Manchester United were flying high. They had won their first three games of the season and it looked like Jose Mourinho, along with a trio of high priced signings up the middle were going to...
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FG targets $8b from post-harvest  food storage

FG targets $8b from post-harvest food storage

AS part of measures to lift the economy and sustain ongoing diversification to agriculture, the Federal Government has unveiled fresh agenda to save not less than $8 Billion from post-harvest food storage.    Specifically, the Federal Government intends to a...
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Toyota demonstrates i-road concept

Toyota demonstrates i-road concept

From September 17, 2016 till the end of March 2017, Toyota Motor Corporation will unveil round two of the Open Road Project primarily in Tokyo.   According to Toyota, the second round of the project will involve other companies as...
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