Top 10 Int’l Private Investors in Nigeria now revealed, Lebanese lead chat
The latest edition of The Top10 Magazine has released the list of the top ten international private investors in the Nigerian economy. Lebanese investors seemed to be on the high side as the Magazine named the Chagoury brothers, Gilbert and…
GE moves to invest $2 billion in Nigeria Railways
In what may look like a stage fight with the Chinese group, CCECC, facts are rife that United States Industrial giant, General Electric has confirmed its “keen interest” in acquiring a Nigeria railway concession project worth around $2 billion. President…
Over 6,000 experts coming to W/African oil summit in Lagos next year
The Petroleum Technology Association of Nigeria (PETAN) has announced the launch of the inaugural West African International Petroleum Exhibition and Conference (WAIPEC) (www.WAIPEC.com) taking place 21-23rd February 2017 at the Eko Convention Centre, Lagos, Nigeria. PETAN has created WAIPEC as…
Oil Glut may linger till mid-2017 unless OPEC limits output, says IEA
Analysts at the International Energy Agency have said massive oil glut may weigh on world markets deep into next year unless the OPEC producer cartel makes good on its promise to cut output. The oil price has recovered steadily since…
Anxiety as UAE halts issuing Visa to Nigerians
Latest findings on the international diplomatic circles point to the fact that the authorities of the United Arab Emirates (UAE) have stopped issuing visas to Nigerians, following the stabbing of a police officer by a group of six boys. The…
FG fingered in frustrating growth of indigenous businesses at 22nd NESG
As the 22nd Nigeria Economic Summit Group (NESG) conference ends, the Federal Government and governments at all levels has been accused by chief executives of some small and medium scale business of not supporting businesses in the country and of…
NCC granted Approval for Visafone Share Transfer to MTN, Not Licence
The Nigerian Communications Commission (NCC) has said a decision to transfer Visafone licence to MTN has not yet been taken by the regulator, rather “What has been approved in the transaction is 100% shareholding not licence”. NCC final approval to…
Guinness Nigeria donates water facility to Benue Community
In furtherance of its continued commitment to interventions that transform lives and improves the health and well-being of communities in Nigeria under its Diageo Water of Life Scheme, Guinness Nigeria Plc has constructed a self-sustaining motorised solar-powered water facility in…
Seafarers’ raises alarm over fake merchant navy operatives
The Nigerian Merchant Navy Officers and Water Transport Senior Staff Association, NMNOWTSSA, has raised alarm over the activities of fake merchant navy operatives. They said their activities pose a threat to the already fragile security situation in the country. President…
Adesoye, new board chairman of NPA sets due process as key target
The new Chairman of Nigerian Ports Authority (NPA) Board of Directors, Emmanuel Olajide Adesoye, has vowed to pursue due process to the letter in all the dealings of the agency in line with the anti-corruption campaign of the federal government….
