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Business and Economy

NigerCem soon to commence production as Ebonyi, Ibeto sign pact

Cement production will soon commence at the Nigeria Cement Company in Nkalagu, Ebonyi State. This followed the signing of deed of understanding/terms of settlement between NIGERCEM and representatives of the four host communities –Nkalagu,Nkalaha,Umuhuali,Amaezu and the Ebonyi State Government. With the signing of the pact in Abakaliki on Friday, the …

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Path to economic recovery By DMO DG

Debt Management Office (DMO) Director-General, Dr. Abraham Nwankwo has painted a rosy economic future anchored on diversification and enhanced revenue from taxation. According to him, in three to five years, Nigerians will feel the impact of the present administration’s policies on manufacturing, agriculture, entertainment and mining, among others, because, according …

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Standard Chartered launches Africa’s most extensive roll out of mobile and online banking

Digital Banking made easier, faster and safer for over 1 million clients across 8 markets Standard Chartered Bank (www.SC.com) is bringing its newest mobile and online banking platform to one million clients across eight African markets, the most extensive digital rollout of its kind in Africa by an international bank. …

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Nwankwo, Kachikwu, Sirika, IG Arase, others named as FG inaugurates committee on AMCON loans recovery

Federal Government has inaugurated a Presidential inter-agency committee on the recovery of loans of commercial banks and corporate organisations bought over by the Asset Management Corporation of Nigeria, AMCON. Spokesperson for the Attorney-General of the Federation and Minister of Justice, Mr. Salihu Isah, disclosed the constitution of the committee in …

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Nestlé announces finalists for 2016 Creating Shared Value (CSV) Prize (Read interview with one of the finalists)

High-quality vanilla from the foot of Kilimanjaro or cassava starch and garri from South West Cameroon? With the opening of the World Humanitarian Summit in Istanbul, Turkey, Nestlé has announced the finalists for the Creating Shared Value (CSV) Prize 2016: Natural Extracts Industries [NEI] from Tanzania and Agro-Hub from Cameroun. …

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SPDC JV endows Professorial Chair in Automobile Engineering in Nigeria

The Federal University of Petroleum Resources, (FUPRE) Effurun, Delta State is the proud host of the latest Professorial Chair that has been established by The Shell Petroleum Development Company of Nigeria (SPDC) operated Joint Venture in support of learning and research in Nigerian universities. The Shell Professorial Chair at FUPRE …

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