It’s unprofitable to continue use of any Lagos port now—Experts
Leading port users in Lagos have called on the government to shutdown all two Lagos ports including Apapa and Tincan on grounds growing loses in doing business at the ports. Chairman of International Freight Forwarders Association, PTML Chapter, Sunny Nnebe,…
Elumelu hits back at Discos, calls for new investors
Chairman of United Bank for Africa (UBA) Plc and Transnational Corporation Plc, Mr. Tony Elumelu, has observed poor services delivery and asked the Federal Government to immediately review the entire process that lead to the emergence of current service providers….
Looming insolvency in Nigerian banks worries IMF
The International Monetary Fund (IMF) has observed serious level of insolvency in many Nigerian commercial banks, saying the scourge remains a threat to effective recovery of the economy from recession. Though the economy exited recession based on data rolled out…
Again, Court orders permanent forfeiture of 56 houses belonging to Diezani
The Federal High Court in Lagos has ordered the permanent forfeiture of 56 houses linked to a former Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke. The court ruled on Wednesday that the houses, located in Lagos and Port Harcourt should…
EU, US, Indians show interest in Nigerian ICT at GITEX
Investors from the United States of America, Indian, Germany and Norway have expressed great interest in coming to Nigeria after listening to presentations made by Nigeria on investment potentials Already, leader of the Nigeria’s delegation land the Director-General of the…
GDT’ll saturate Nigeria with DSO decoders soon—Ohuabunwa
The Group Managing Director of Gospell Digital Technology (GDT) Electronics Manufacturing and Assembly Company, Calabar, Sir Godfrey Ohuabunwa has assured that the company will satisfy the needs of Nigerians in the delivery of quality Set-Top-Boxes (STBs) used in the drive…
Banks, CWG Plc, Yudala, others set for NITRA’s Summit on Friday
Leading players in the nation’s financial industry and stakeholders in the ICT, are now set for the Third Quarterly Forum of the Nigeria Information Technology Reporters Association (NITRA) billed for Friday, October 13, 2017. The latest to declare their support…
Disquiet in S’East schools over Army free medical service
It was serious pandemonium in parts of Imo, Abia, Anambra and Enugu States between Tuesday and Wednesday following the commencement of the Nigerian Army free medical outreach for civilians in the region. In Imo, several school children were seen running…
Yudala deepens CSR, supports Catholic Gospel Concert
Plans for the 2017 edition of a mega Gospel concert, Unusual Praise 2017, received a big boost recently with the decision of e-commerce giants, Yudala to throw its weight behind the concert which is set to attract a host of…
Nigeria to lose N150bn daily if oil workers go on strike—LCCI
If the planned nationwide strike action planned by the National Union of Petroleum and Natural Gas Workers and the Petroleum and Natural Gas Workers Senior Staff Association of Nigeria goes ahead, the economy will bleed off about N150bn daily. This…
