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Business and Economy

FAAN begins repair works on Enugu Airport runway; Air Peace lauds FG’s action

By Adekunle Williams/Solomon Asowata The Federal Airports Authority of Nigeria (FAAN) on Thursday began repair works on the runway of the Akanu Ibiam International Airport, Enugu. Mrs Henrieta Yakubu, the General Manager in charge of Corporate Affairs, FAAN, stated this in a statement she issued in Lagos on Thursday. Following …

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Skye Bank, six others awarded platinum prize as top donors of Lagos Security Trust Fund

Skye Bank Plc., one of Nigeria’s leading retail commercial banks and six other companies have been commended and awarded Platinum Prize for committing huge resources in support of securing lives and property in Lagos State. The top donor awards to Skye Bank and six organisations were part of the activities …

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Reps committe commends $18bn Dangote refinery, promises to deepen implementation of local content law

By Yunus Yusuf Mr Emmanuel Elon, the Chairman, House of Representatives Committee on Local Content, on Wednesday commended Dangote for its huge investment on the refinery and petrochemical industry. He said that the refinery would improve the socio-economic development of the nation. Ekon gave the commendation during the oversight visit …

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GTBank wins Nigeria’s Best Bank & Africa’s Best Bank for CSR at EMEA Finance Awards…….. MD Named CEO of the Year

Foremost African financial institution; Guaranty Trust Bank plc reaffirmed its position as a leading global brand with its recent recognition as the “Best Bank in Nigeria” and the “Best Bank for CSR in Africa.” The Bank’s Managing Director and Chief Executive Office, Segun Agbaje, also won the award for the …

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IBILE Oil and Gas Corporation engages stakeholders on energy reforms in Lagos State

Lagos State Commissioner for Energy and Mineral Resources, Mr. Olawale Oluwo, has restated the vision of the Governor to make Lagos State a global, economic and financial hub through the development of sustainable energy strategy and safe exploitation of available mineral resources. Oluwo, who disclosed this in his welcome address …

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Re-assessing Nigeria, WTO on the benefits scale By Prince Adetokunbo Kayode

When WTO officially commenced activities on 1 January 1995 under the Marrakesh Agreement, signed by 123 nations on 15 April 1994, that singular act replaced the General Agreement on Tariffs and Trade (GATT), which commenced in 1948. As the largest international economic organization in the world, the WTO regulate trade …

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