Home / Business and Economy (page 52)

Business and Economy

Airtel repositions for Next Growth Phase; plans rightsizing of workforce

Airtel Nigeria has announced plans to embark on a strategic restructuring intended to fully reposition the business and ‘reinforce its competitiveness in the market place.’ A statement by Mr. Emeka Oparah, Director, Corporate Communications & CSR, Tuesday, explained that the exercise, ‘which is focused on aligning the company’s structure with …

Read More »

Ambode invites OPS, entrepreneurs to tap into rapidly growing investment business climate in Lagos

Lagos State Governor, Mr Akinwunmi Ambode on Sunday invited members of the Organised Private Sector and entrepreneurs to take advantage of the rapidly growing business climate to invest in the State. The Governor who spoke during the celebration of Lagos State Day at the 2015 Lagos International Trade Fair held …

Read More »

Ambode sends N25B Employment Trust Fund Bill to Assembly …..Proposes five-year single tenure for LASU VC

Lagos State Governor, Mr. Akinwunmi Ambode has sent the Employment Trust Fund Bill 2015 to the State House of Assembly for consideration and ratification. The bill aims to radically transform employment creation in the state with N25bn proposed to be spent over four years as a support scheme for young …

Read More »

Oil, gas sector facing sharp low revenues — NNPC boss, Kachikwu

Group Managing Director of the Nigeria National Petroleum Corporation (NNPC), Dr Ibe Kachikwu, Monday, disclosed that industry  was facing a sharp lower revenues from the country’s oil assets. Kachikwu said this at the 33rd Annual International Conference and Exhibition organised by Nigerian Association of Petroleum Explorationists (NAPE) in Lagos. The NNPC …

Read More »

(Photonews) ‘Dinner with His Excellency’ organized by Lagos State Security Trust Fund at Victoria Island

Lagos State Governor, Mr. Akinwunmi Ambode  discussing with the Corporate Affairs Adviser, Nigerian Breweries PLC., Mr. Kufre Ekanem  and the Deputy Managing Director, Dana Group of Companies, Mr. Gautam Hathiramani during a ‘Dinner with His Excellency’ organized by the Lagos State Security Trust Fund (LSSTF) at Ademola Adetokunbo Street, Victoria …

Read More »

SNEPCo promotes (M)Ethanol clean cookstoves in drive for safer cooking method in Nigeria

Shell Nigeria Exploration and Production Company (SNEPCo) has signed an agreement with Project Gaia Prospects Limited (PGPL) for the conduct of a pilot study on the use of Ethanol clean cookstoves, a cleaner and safer way of cooking. SNEPCo will provide 2,500 clean cookstoves and 15,000 canisters for distribution to …

Read More »

SPDC JV collaborates with PETAN, foreign manufacturers on Nigerian content

The development of indigenous manpower for the oil and gas industry received a boost last Friday as 40 engineering and geosciences graduates passed out from a one-year internship programme organised by the Shell Petroleum Development Company of Nigeria (SPDC) operated Joint Venture and Petroleum Technology Association of Nigeria (PETAN), a …

Read More »

Reorganisation of Customs: New DCGs, ACGs appointed

The Comptroller-General of Nigeria Customs Service, Colonel Hameed Ali (rtd), has approved the appointment of six acting Deputy Comptrollers-General of Customs in the ongoing re organisation of the Service. The six Officers are moving from the rank of Assistant Comptrollers-General, to occupy the positions of Deputy Comptrollers-General in acting capacity. …

Read More »

91 companies tender bid for NNPC Coastal, Bunkering Vessels Service contract; as Kachikwu reaffirms commitment to transparency

The Nigerian National Petroleum Corporation (NNPC), Thursday, embarked on the public harvesting of technical bids submitted by a total of 91 companies consisting largely of indigenous vessel owners vying to secure contract for the provision of Coastal and Bunkering Vessel Services for the operations of the Pipelines and Products Marketing …

Read More »