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...
Cement dealers and distributors across the country have promised to cooperate with the management of the Dangote Cement Plc. to ensure the benefits of more production of the product from its new Ibese factory plant in Ogun State trickle down to the end...
In line with the ongoing reforms in the banking industry, the Chartered Institute of Bankers of Nigeria (CIBN) has vowed to restore professionalism in the banking sector, saying the move would help to reduce unhealthy competition among operators in the...
Peugeot Automobile Nigeria Limited, manufacturer of the Peugeot brand of vehicles is set to participate in the forthcoming Abuja International Motor fair. According to PAN,” We will showcase our manufacturing strength, alongside the modernquest f...
President of the Nigeria Union of Pensioners, Alhaji Ali Abatcha, said the success of the Presidential Task Team on Pension Reforms could only achieve the desired results if given a free hand to operate. The President who stated this during a telephone...
Remarks by Asiwaju Bola Ahmed Tinubu, national leader, Action Congress of Nigeria, (ACN) at the conferment of “Person of the Year” award by Leadership Newspapers Group at Sheraton Hotel, Abuja, Thursday, September 29, 2011 I am hono...
First Bank, Stanbic Bank Nigeria and other African banks have been given the 2011 African Banker Awards in Washington DC.,United States of America. While First Bank Nigeria Plc got the Most Innovative Bank of the Year award, Stanbic IBTC Bank ca...
The bulls upstaged the bears yesterday on the trading floor of the Nigerian Stock Exchange(NSE) resulting to a marginal appreciation in market capitalisation by N5billion. Yesterday, the few price gains recorded by some bluechip companies were e...
The Federal Government is to start a Cassava Marketing and Trading Corporation (CMTC) aimed at boosting cassava production. Minister of Agriculture and Rural Development, Dr. Akinwunmi Adesina, disclosed this in Abuja at a meeting with chi...
The Executive Secretary of the Nigerian Automotive Manufacturers Association (NAMA), Chief Arthur Maduekwe, has stated that patronage was key to the survival of the sector. He made this submission when the association paid a visit to the Minister of St...
The first pre-independence concert being organised by the Nigerian Tourism Development Corporation will now hold in Lagos, the corporation has disclosed. The new venue was announced in Abuja by the Director-General of the Corporation, Otunba Olusegun R...
The President of Veterinary Council of Nigeria, Prof. Gabriel Ogundipe, has expressed dissatisfaction with the quality of service delivery of resident Veterinary Doctors in the country. He called on them to upgrade their skill level so as to meet the e...
The Nigerian Economic Summit Group (NESG), has called on entrepreneurs in Nigeria to take advantage of the large economic base in the country to drive national economic growth and development. The Chairman of NESG, Mr. Folusho Philips, who stated this ...
Shareholders of Honeywell Flour Mills Plc yesterday at the company’s 2nd Annual General Meeting approved the company’s dividend of 13kobo even as the company is set to commission its two new production lines in 2012. The production line wil...