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Business and Economy

SNEPCo donates modern test laboratory to Nigerian Institute of Welding

Shell Nigeria Exploration and Production Company (SNEPCo) and its co-venturers (ExxonMobil, TOTAL and ENI) have donated facilities including a modern test laboratory to the Nigerian Institute of Welding (NIW) at Imasabor-Ologbo, Benin City, in what has been hailed as a significant boost for the development of welding technology in Nigeria. …

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Ndu Ughamadu returns, replaces Garba Deen Muhammad as NNPC spokesman

The Nigerian National Petroleum Corporation, (NNPC) has announced the appointment and redeployment of top management staff in a major reshuffle exercise. In a statement signed by management in Abuja on Monday, the corporation said the exercise was designed to reflect operational realities and ensure sustained performance and profitability. In a …

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FG hails Australian government’s partnership in mining sector

The Federal Government has commended the Australian government for its strategic partnership with the Ministry of Mines and Steel Development in developing the Nigerian mining sector. The Minister of Mines and Steel Development, Dr. Kayode Fayemi, gave the commendation Monday, at the opening session of a two-day capacity building workshop …

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Total E&P donates drugs, rehabilitates health facilities in Rivers and A/Ibom

Tony Asuquo, Uyo Total E&P Nigeria Limited Port-Harcourt, has commenced rehabilitation work at the General Hospital, Ikot Abasi Local Government Area of Akwa Ibom State. This was in addition to the donation of essential drugs to selected health centres in offshore communities in Rivers and Akwa Ibom States respectively. Deputy-General …

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2017 Dodge Challenger earns “Five-Star” Overall Safety Rating; Available at Weststar Associates, Lagos

The 2017 Dodge Challenger has earned a five-star overall safety rating from the U.S. National Highway Traffic Safety Administration (NHTSA).Five stars is the highest rating in the regulatory agency’s vehicle-evaluation program. “This proves the 2017 Dodge Challenger is much more than a great-looking car,” says Mike Dahl, Head of Vehicle …

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Going beyond Abia Charter of Equity to achieve economic stability and Sustainability. By Eddie Onuzuruike.

The founding fathers of Abia State had good reasons to initiate Abia State movement which eventually yielded the desired result in the creation of Abia State by the Babangida Administration in 1991. It took 24 years for another vital clause of their enabling charter, the Abia Charter of Equity, to …

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We’re committed to wealth creation, youth empowerment, Gov. Ugwuanyi says at YUBOSS Summit; Peter Obi, Leo Stan Ekeh play frontline roles

Governor Ifeanyi Ugwuanyi of Enugu State has reiterated his administration’s commitment to embark on programmes that would develop and empower youths with entrepreneurial skills for wealth creation and self-sufficiency. Gov. Ugwuanyi spoke at the flag-off of the YUBOSS Entrepreneurship Summit organized by the Enugu State Ministry of Culture and Tourism …

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Ayade flags off construction of 134km dual carriage highway in Cross River North

In a bid to re-energise and increase footfalls into the famous Obudu ranch resort as well as provide access to produce markets, Cross River State Governor, Prof. Ben Ayade, weekend, flagged off the construction work on a 134 kilometers Mfom-Okpoma-Imaje-Bekwarra-Obudu-Obanliku dual carriage road. The construction of the Federal road which …

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Access Bank trains 600 women under the Womenpreneur Business Workshop Series

In sustenance of its objective of empowering Women in Business, Access Bank Plc through its W Academy recently organised the Womenpreneur Business Workshop – a capacity building workshop for female business owners. The objective of the ‘Womenpreneur Business Workshop’ is to provide a practical capacity building program that will equip …

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Federal Government committed to repositioning the Maritime Sector – Amaechi

The Minister of Transportation, Rt. Hon. Rotimi Amaechi has assured Stakeholders of the Federal Government’s resolve to reposition the maritime sector for greater efficiency and competitiveness. The Minister who stated this during the celebration of the 2016 World Maritime Day with the theme “Shipping, Indispensable to the World” held in …

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Decline in domestic, foreign participation on equities persist on local bourse

Foreign and domestic participation in equities trading at the Nigerian Stock Exchange (NSE) has continued on a downward trend as revealed by the Nigerian Stock Exchange’s Domestic and FPI report for September. Total transactions at the nation’s bourse decreased by 19.49 percent from N117.71 billion recorded in August 2016 to …

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Oando grew Q3 2016 revenue by 96% …As loss after tax drops by 25% to N35.9 bn

Oando Plc, Nigeria’s leading indigenous energy group listed on both the Nigerian and Johannesburg Stock Exchanges, announced unaudited results for the six months period ended 30 September, 2016, with the following highlights: According to the result released by the Nigerian Stock Exchange (NSE) the company’s turnover increased by 26 per …

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Revisit Special Status for Lagos bill, Ambode urges Senate …Says one percent allocation to State will benefit all Nigerians ….Senate’ll take a second look at bill, Yerima assures

Lagos State Governor, Mr. Akinwunmi Ambode on Tuesday appealed to the Senate to revisit the bill seeking one percent allocation to Lagos from the revenue accruable to the Federal Government, saying a passage of the bill would translate to economic prosperity and well-being of Nigeria. Governor Ambode, who spoke at …

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