Brace up for key roles in maritime industry, Adesoye, Usman urge women
The chairman of Nigerian Ports Authority (NPA) Emmanuel Olajide Adesoye and managing director of the agency, Hadiza Bala-Usman, have charged participants at the on-going conference of professional Women in the Maritime and Port sector of West and Central Africa (PMAWCA)…
Dangote reveals how backward integration did magic in his empire
Leading industrialist and President, Dangote Group, Alhaji Aliko Dangote, has linked his blossoming success stories in commodity and manufacturing spaces to the strategy of backward integration. In his presentation at a public conversation during the Financial Times’ 4th Annual Africa…
Exporters withholding forex proceeds await CBN axe
The Central Bank of Nigeria (CBN) after several warnings has concluded plans to wield the big stick of sanctions to exporters who fail to repatriate foreign exchange (forex) proceeds from their businesses into the economy. Director Banking Supervision at CBN,…
Kachukwu, Baru rift may either deepen cabal networks or kill it—Pundits
Considering emerging but chilling revelations coming from the Nigerian National Petroleum Corporation (NNPC) in the trending crisis between the managing director, Dr. Maikanti Baru and Minister of State for Petroleum Resources, Dr. Ibe Kachukwu, experts in law and other profession…
Fashola collides states, Discos in N40bn electricity debts
Having observed that bulk of the debts owed Discos stemmed from states’ electricity consumption by their MDAs, the Federal Government has charged electricity distribution companies to engage state governments in order to collect the outstanding electricity debt amounting to about…
Removal, suspension of Kachikwu’ll mean no oil production—Group
Leading radical group in the oil-rich Niger Delta region, the Niger Delta Indigenous Movement for Radical Change (NDIMRC), has warned that any attempt to remove, suspend of frustrate the Minister of State for Petroleum, Dr. Ibe Kachikwu, will be met…
Finally, Dangote withdraws interest in S’African cement group
After several wait for green light, Dangote Cement Plc, Africa’s largest cement producer, has signaled withdrawal of interest from its bid to acquire the share capital of PPC Limited-a South African leading cement firm. Late last month, Dangote Cement had…
Lafarge, EY clear the air on the emergence of KPMG
Contrary to speculations that audit consultancy firm, Ernst & Young Nigeria (EY), was eased out in the services of Lafarge Africa Plc, both the cement giant and EY have attested to the fact that due process was followed in the…
Expansion of MMAI-Oshodi road to cost N6bn, not N10bn
Clear clarification has come from the Lagos State Government, saying the reconstruction of the degraded Murtala Muhammed International Airport (MMIA) road that will end at Oshodi interchange in Lagos, is to be delivered at the cost of about N6 billion…
Do what you did for Western flank on Eastern railway, Experts tell FG
Following the recent comment made by the federal government that about $16 billion is required to actualize the modernisation of the eastern flank of the Nigerian Railway, experts have advised the government to do the same thing it did in…
