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Industry

Women largest number of untapped talents in manufacturing sector– Lafarge boss

lafarge

The management of Lafarge Africa, a member of Lafarge Holcim has joined other corporate citizens in Nigeria to commemorate women at the recent World Women’s Day in Lagos. Speaking during the occasion, the Country Chief Executive Officer, Lafarge Africa, Mr. Michel Puchercos said apart from the clear fact that women represent the largest number of untapped talent in the manufacturing ...

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NiRA to hold AGM, new elections in April

Nira logo

The .ng registry, the Nigeria Internet Registration Association (NiRA) has concluded plans to hold its 9th Annual General Meeting (AGM) on Friday, 28th April 2017. At the meeting, the board will receive the Annual Report and Audited Financial Statements for the year ended December 31, 2016 together with the report of the Auditor. A statement signed by Mrs Edith Udeagu, ...

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Exclusive: Customs CG risks walkout if he appears before Senate on mufti, Wednesday

hameed Ali

A Senator of the Federal Republic (name with held), Sunday confided on Business Hilights in a telephone interview that the Comptroller General of Customs, Col. Hameed Ali (rtd) may risk not only walkout but vote of no confidence on his activities as the helmsman of Nigerian Customs Service (NCS) if he put paid to his threats and appears before the ...

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Finance Minister explains why FG went for World Bank, AfDB, dumping IMF

Kemi Adeosun

Minister of Finance, Mrs. Kemi Adeosun has given more reasons why the federal government preferred the borrowing plan of the World Bank and African Development Bank than the International Monetary Fund (IMF). She revealed that she has had an interesting conversation with former Finance Minister, Kalu Dika Kalu recently on the same issue. While describing the decision between World Bank ...

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NIMASA steps up maritime capacity, trains 130 Nigerians in Egypt, gets offers for more

NIMASA Egypt training

The Nigerian Seafarers Development Programme (NSDP), an initiative of the Nigerian Maritime Administration and Safety Agency (NIMASA), has once again graduated 130 cadets from the Arab Academy for Science, Technology and Maritime Transport in Alexandria, Egypt. The feat has further increased the pool of Seafarers in the sector as it brings to a total number of 1,045 graduates from the ...

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FG to reconstitute suspended board on review of Corporate Governance Code—Minister

Okey Buhari

As part of smart moves to rebound ease of doing business in Nigeria which recently ranked very poor, the Minister of Industry, Trade and Investment, Dr Okechukwu Enelamah has revealed that all is set for the reconstitution of a board that would review the corporate governance code. The planned reconstitution of the board had been suspended in January this year, ...

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Port concessioning shaping maritime business amidst reforms—Usman

Hadiza Usman, NPA

The Managing Director of Nigerian Ports Authority (NPA), Ms Hadiza Usman, has said that concessioning Nigerian ports have brought tremendous improvement in Seaport development even as there are opportunities for further improvements via reforms. Usman was represented at the recent maiden edition of a dialogue series tagged: Town hall meeting on cargo handling and port charges held at the Nigerian ...

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6 months on, LASG yet to gain access to Lagos Presidential Lodge in Marina—Ambode

Ambode buhari fash

It is not yet clear if Lagos State is about to have another stretch of strained relationship with the federal Government as it was during the second term of former President Olusegun Obasanjo’s administration. This is stemming from the recent complains of the State Governor, Mr. Akinwunmi Ambode where he decried the inactions of the apex government in fast tracking ...

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Anxiety as new FG’s economic recovery plan jerks up VAT from 5 to 15%, other

Economic Recovery Plan

The acceptability of the Economic Recovery Plan (ERP) of the federal government is likely going to depend on the public perception of the hike in Value Added tax (VAT) which it moved from current five per cent to 15 per cent. It was not however clear if the hike was truly adopted by consulted stakeholders during the public hearing on ...

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2 Chinese nationals who imported fake tyres charged to Court

fake tyres and Chinese importers

In a record time, the two Chinese nationals, Tao Shen and Jing Yau, who allegedly masterminded the importation of fake tyres were Wednesday arraigned before Justice Mojisola Olatoregun of a Federal High Court in Lagos. Shen, 36, and Yau, 22, were charged alongside a Nigerian, Chinedu Madubuike and two companies, Sino Nig. Import and export Ltd, and Nedeca International Ltd, ...

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