Panasonic Corporation one of the global leading electronic companies has said it was targeting net sales of about N1.6 trillion ($104.8 billion) at the end of the 2011 current year. The Promoter, Panaserv Nigeria Limited, an authorised service ag...
Unilever Nigeria Plc, in its bid to improve oral care in Nigeria, has come up with a breakthrough innovation in whitening toothpaste for its teeming customers. According to Dr. Andrew Joiner, a member of International Association for Dental Rese...
The minister of Mines and Steel development, Architect Musa Mohammed Sada, has described the current level of revenue generation in the nation’s mineral sector as deplorable, while stressing the need for improvement. In a statement ...
In continuation of its investment expansion drive, the Pan-African Conglomerate, the Dangote Group has signed fresh investment agreements worth $750 million with the government of two African countries for the production of cement. During the we...
There seem not to be an end in sight to the lingering face-off between Azimarine and General Service Limited, the contracting firm handling the refurbishment project in Idung Adiakot community and two other protesting communities, Esit Urua and ...
Minister of Labour and Productivity, Chief Emeka Wogu, recently spoke with labour correspondents on the contributions of the Labour movement to the attainment of independence 51 years ago; the efforts of President Goodluck Jonathan administration...
International trade on the West African coasts is witnessing unprecedented growth as recent survey in the region’s ports show an increase of 364 per cent in cargo traffic. Speaking to journalists in Lagos, the Director Advocacy, Nigerian Chamber ...
The Central Bank of Nigeria (CBN) has started another round of forensic investigation in seven commercial banks over alleged round tripping of foreign exchange. Round tripping is the practice of selling foreign exchange sourced from CBN at the b...
The Central of Nigeria (CBN) has said it would review the templates for bank charges and other commissions in the banking industry in order to check the cost of carrying out transaction in Deposit Money Banks. The Deputy Governor, Financial Syste...
Airtel subscribers yesterday could not make or recieve calls for several hours as the telecommunications firm shuts its facilities following “threats by its former workers to damage the facilities,” the company said....
Following the sustainable depression in the equity market, stockbrokers yesterday bemoaned the failure of government to salvage the situation even as they insisted that the government’s economic transformation agenda would fail unless urgent step...
Investors’ wealth in the Dangote Group of companies listed on the Nigerian Stock Exchange (NSE) appreciated last week as Dangote Flour Mills paid a dividend of N1.9 billion for the year ended December 31, 2010. This brought the total dividend pai...
Management of Arik Air said yesterday that it would launch services from Abu Dhabi International Airport next month. Abu Dhabi Airports Company (ADAC) and Nigeria’s largest international carrier said operations would start on Tuesday Novemb...
The Chief Executive Officer of Power Holding Company of Nigeria(PHCN), Chris Okaa Akamnonu, has promised that the company would optimise electricity power generation to the benefit of the consumers. The PHCN boss gave the assurance while fi...
The Local Content Model being implemented in Nigeria has been adopted by Royal Dutch Shell for use across the company’s global operations. To implement this successfully, Nigerian model, Simbi Wabote, the immediate past Ge...