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Stanbic IBTC opens window for Graduate Trainee Recruitment 2017


Stanbic IBTC Bank; a subsidiary of Stanbic IBTC Holdings, has announced readiness to accept entries into the bank’s Graduate Trainee Recruitment for 2017. Also, Stanbic IBTC Holdings is a member of Standard Bank Group, Africa’s largest banking group ranked by assets and earnings and has been in business for more than 150 years. The group, a global Bank with African ...

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Dizengoff speeds off FG’s commercial farming, pumps in 50 units of CASE IH tractors

Dizengoff Nigeria

More indications of meeting the target of food sufficiency through mechanised farming in the country have emerged following the recent delivery of about 50 units of the 75HP CASE IH tractors to Tractor Service Provider (TSP) by Dizengoff Nigeria. Business Hilights recalls that the Israeli group which is globally recognized a leader in mechanized farming machinery had been a partner ...

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Out of 930 Chinese businesses in Nigeria, only 317 are documented—Report

china relations 2

A new report released by McKinsey, has revealed that out of 930 Chinese companies doing businesses in Nigeria, only about 317 are captured in official data of the government and tax gazette. Coming from the new research report caption; ‘Lions on the move II: Realising the potential of Africa’s economies’, the global consulting firm, Mckinsey, observed that the 317 firms ...

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Solar energy key to sustainable power supply in Nigeria—Power Nigeria

solar panels

A new report released by the Power Nigeria Group, currently planning an international conference on power in Nigeria has revealed that solar is slowly infiltrating every part of society in Nigeria. In a statement issued in Lagos weekend, the group said the conference taking place from 5-7 September at the Landmark Centre in Lagos, will highlight the need for additional ...

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FG hands over State House Marina to Lagos, silent on other decaying assets


It was dream come true in Lagos on Thursday, as months of delayed promise by the presidency to release the State House, Marina, to Lagos State, both parties signed a Memorandum of Understanding (MoU) formally ceding the House to Lagos State Government. Other hanging dreams include the handing over of other federal buildings including federal secretariat, and Communications House both ...

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Lafarge-Holcim, CBI Ghana flag off $55m cement factory in Tema

Lafarge holcim

Leading global cement solutions provider, Lafarge-Holcim this week sealed a $55mn partnership agreement and flagged off construction of a state-of-the-art cement plant at the Tema Free Zones enclave, near Accra. The $55 million grinding plant, to be operated by CBI Ghana, would take a year to complete. It would produce and supply premium cement under the brand name; Supacem, for ...

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Bandits hit EFCC headquarters in Abuja, drop death note for investigator

Efcc magu

Around the early hours of Wednesday, precisely 5.00AM, yet to be identified armed gunmen arrived the narrow street hosting the headquarters of the Economic and Financial Crimes Commission (EFCC), office on Wuse Zone 7, Abuja. The heavily armed bandits who failed to gain access on arrival resorted to shooting and damaging parked cars both outside and within the fortified compound. ...

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To boost local production, FG plans to rest issuing fish importation quota

Fish Importation

The Minister of State for Agriculture and Rural Development, Senator Heineken Lokpobiri, in Abuja on Tuesday, revealed that the Federal Government is concluding plans to end issuance of fish importation quota to importers. According to him, the practice is becoming burdensome and therefore no longer feasible. In his remarks during a meeting with the Ijebu Development Initiative on Poverty Reduction ...

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FIRS, JTB deepen move to cage high-income earners, 12 states sign VAIDS


The federal government has stepped up its drive to capture several Nigerian high income earners who had been evading taxes as the Joint Tax Board (JTB) and the Federal Inland Revenue Service (FIRS) have started sharing data of high net worth individuals. The key target is to profile income earners and taxpayers in order to get them pay appropriate taxes. ...

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Sack of illegally recruited 13,780 federal workers in MDAs imminent


Contrary to civil service recruitment process, a report has revealed that almost all federal ministries, departments and agencies (MDAs) have been carrying out illegal recruitments in the last couple of years. But latest development from a recent review carried out by the Ministry of Finance on the infractions and employment breaches showed that out of 185 MDAs, 183 had recruited ...

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