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Anxiety as Intels sacks 300, may ease 1,700 before year end


Leading maritime logistics servicing group, Integrated Logistics Service Limited (INTELS), Nigeria’s foremost oil and gas logistics service provider may have sacked about 300 Nigerian workers and over 20 expatriates members ...

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PMG-MAN boss gives terms on how to bid for FG’s tenders

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Managing Director of SKG -Pharma Limited, and President, Pharmaceutical Manufacturers Group of the Manufacturers Association of Nigeria (PMG-MAN), Mr. Okey Akpa has given a recipe on how best the government ...

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Agriculture shortest way out of recession —BoI

The Bank of Industry has disclosed that if Nigeria raises her potentials in many agricultural products, especially plantain and cassava, recession may start to ease earlier than expected. This was ...

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Economy may shrink to 1.3% before end of 2016 – NBS

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The National Bureau of Statistics (NBS) has said Nigeria’s economy is likely to shrink by 1.3 per cent before the end of 2016 due to the sharp fall in the ...

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Tony Elumelu Foundation lifting creative industries—Minister

The Minister of Information and Culture, Alhaji Lai Mohammed, has said the partnership between the Federal Ministry of Information and Culture and the Tony Elumelu Foundation will help to re-position ...

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FG now wooing Investors with Permits, Visas on arrival

The Minister of Interior, Abdulrahman Bello Dambazzau recently commissioned 28 Combined Expatriate Residence Permit and Alien Card (CERPAC) Centres with a view to attracting foreign direct investments (FDIs) into Nigeria. ...

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Forex Scarcity forcing Erisco Foods to shut down, may sack 1,500


The foreign exchange crisis rocking the economy may have started taking dangerous tolls on the service and production sectors of the economy as more indigenous firms are closing shops by ...

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Lafarge names new CFO, commission’s homes for Ogun host communities


The Board of Directors of Lafarge Africa Plc has announced the appointment of Mr. Bruno Bayet as the Company’s new Chief Financial Officer, effective October 1st, 2016. The group also ...

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Hilton Group Plans Africa’s Tallest Hotel In Lagos, Nairobi, Other Cities

Hilton Worldwide has signed a management agreement with Jabavu Village Limited to open in 2020 and joins 50 Hilton Hotels & Resorts properties trading or under development in 17 countries ...

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Produce Quality Products For Foreign Exchange, Lokpobiri Charges farmers

Minister of State, Agriculture and Rural Development, Senator Heineken Lokpobiri has challenged farmers and other stakeholders to always carry out periodic examination of their products. This according to him is ...

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