CATEGORY: COMPANIES

NAHCO Aviance Plc Appoints New Chairman And Non-Executive Director

The board of directors of Nigerian Aviation Handling Company Plc (NAHCO Aviance), has announced the appointment of Arc Usman...


Why Union Bank Investor, Atlas Mara,  Wants To Go Private. 

Strategic Investors in Union Bank of Nigeria,  Atlas Mara has said that it is weighing options to go private....


NSIA & Guarantco Establishes InfraCredit, Nigeria’s First Credit Guaranty Corporation

The Nigeria Sovereign Investment Authority (NSIA) and GuarantCo, have announced the establishment of an infrastructure credit enhancement facility in Nigeria...



South African CEOs Ditch Nigeria, Sees China, UK, US as Most Important – PWC Report 

South African CEOs have named China (36%), the UK (31%), the US (25%) and India (22%) as the most...


Activist Group Explains Why They Want Govt To Raise Taxes On Local Tobacco Manufacturers

An Environmental Rights Action/Friends of the Earth Nigeria (ERA/FoEN) has requested for an increase in import duty to 120%....


Nnewi Based Ibeto Group, Says They Sacked 2000 Staff Due To “Cheap Chinese Batteries”. 

Nigerian onwed and Nnewi based battery manufacturing company, the Ibeto Group, is claiming that dumping of cheap Chinese batteries...


PZ Wilmar Stakes $80m In Crude Palm Oil Refinery In Nigeria. 

The News Agency of Nigeria is reporting that PZ Wilmar Limited, has staked about $80 million on its crude...


Securities and Exchange Commission Pays  N30billion In Unclaimed Dividends To Investors

Nigeria’s Security and Exchange Commission on Monday, claimed that it had paid over N30billion from Unclaimed dividends to investors....


TCN Gets N40billion Allocation In 2017 Budget Proposal

Transmission Company of Nigeria (TCN), has gotten the allocation of a total of N40 billion by the Federal Government...



NPF Microfinance Bank Considers Using Policemen To Arrest Loan Defaulters. 

NPF Microfinance Bank,  formerly Nigerian Police Force Microfinance Bank is considering using police men to arrest loan defaulters.  According...


Fortis Microfinance Bank Plc Appoints New Company Secretary

The board of directors of Fortis Microfinance Bank Plc has announced the appointment of Mr. Victor Aderemi Emerson. Mr....


Corporate Action: Julius Berger Plc Announces Closed Period

Julius Berger Nigeria Plc in a notice to the Nigerian Stock Exchange (NSE) announced that its Board Audit Committee...


Dangote Group Signs Deal With Chinese For  $100m Truck Assembly Plant

NAN| Dangote Group of Companies has established a $100 million truck assembly plant in Lagos as part of its...


Relief For Nigerians As NNPC Starts Loading Products 

NAN| Following the suspension of Strike by NUPENG, the Nigerian National Petroleum Corporation (NNPC) has resumed loading of petroleum...


NNPC Will Partner Schlumberger for Exploration

Reuters| Nigeria’s state oil company said on Friday it will partner with oilfield services company Schlumberger in exploration and reservoir...


NNPC Tells Reps They Want To Increase Royalties From Deepwater Oil Revenues

Reuters: Nigeria’s NNPC has proposed legal amendments aimed at enabling the government to increase royalties and other revenues from deepwater...


9 Things You Should Know About Development Bank of Nigeria – Premium times

The Development Bank of Nigeria is set to commence operations as soon as it obtains a banking license from...


Development Bank of Nigeria completes first recruitment, set to take off

The Federal Ministry of Finance has confirmed the completion of the recruitment of the Executive Management team of the...


Benue House of Assembly Summons Dangote Cement Plant MD Over “Outrageous Hike In Cement Price”

The Benue House of Assembly has summoned the Managing Director of Dangote Cement Plant, Gboko, over outrageous hike in...