Just in: Reps shun NCS’s ₦27,000, pass Tripartite Committee’s ₦30,000 NMW
The Federal House of Representatives today, Tuesday, January 29, 2019, passed the relied on the recommendation of the Tripartite Committee to pass New Minimum Wage (NMW) at ₦30,000…
Investment in refinery, petrochemicals driven by innovation, efficiency—Dangote
President and Chief Executive of Dangote Group, Alhaji Aliko Dangote has averred that the ongoing investment in refining, petrochemicals, fertilizer and gas is driven by the desire to bring innovation and efficiency into all aspects of Nigeria’s oil and gas…
Guinness ‘Growing with Nigeria’ empowered over 5,000 farmers—Magunda
The Managing Director/Chief Executive Officer, Guinness Nigeria, Baker Magunda, has hailed the ongoing partnership between Guinness Nigeria Plc, and other stakeholders, including Central Bank of Nigeria (CBN), and Stanbic IBTC Bank Plc for driving backward integration in sourcing raw materials….
Access Bank shareholders to seal or reject Diamond acquisition or merger March 5
Relying on the orders of Justice O. O. Oguntoyinbo of the Federal High Court, Lagos on January 24, Access Bank has announced the holding of shareholders meeting on March 5, 2019. The court had directed that a meeting of the…
NCC’s claims of 30.9% broadband penetration can’t guarantee growth—Experts
Telecommunications industry pundits have smoked out another angle to the growing criticisms trailing end of last year’s report of the Nigerian Communications Commission (NCC) that Nigeria has achieved 30.9 per cent broadband penetration. Whereas observers continue to puncture NCC’s claims,…
Renmoney integrates Freshworks Support, CRM solutions to grow services
Renmoney, leading Nigeria’s fintech companies, has deployed Freshworks customer engagement software to set up an integrated support and CRM system. Renmoney provides convenient loans, savings and fixed deposit products to Nigerians. It would be recalled that last year, Renmoney delivered…
New NIWA’s MD comment on state of Onitsha Port conflicting—stakeholders’
…As inaugurated Baro Port remains under the shackles of bad access road Fresh confusion has emerged from the address presented by the new Managing Director of National Inland Waterways Authority (NIWA), Senator Olorunnimbe Mamora during the recent inauguration of Baro…
Baru owes Nigerians explanations on where he is in reviving refineries—Stakeholders
Experts in the petroleum industry who discussed way forward at the Nigerian Petroleum Industry Summit in Abuja on Monday have called for clearer explanation on how far the Federal Government has gone through the Nigerian National Petroleum Corporation (NNPC) in…
Increased US rig count, China industrial slowdown weakens oil price
Monday dealings in global oil market have shown that oil prices fell by 1 percent after U.S. companies’ added rigs for the first time this year, a signal that crude output may rise further, and China, the world’s second-largest oil…
2019: Only pasting of results at EVERY collation centre can check rigging—BHIU
Fresh fault line capable of destroying the planned credibility of elections results on the fast approaching general elections in Nigeria has been uncovered by the Business Hilights Intelligence Unit (BHIU). BHIU is an independent strategic research arm of Media Hilights…