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Border closure: Importers urge foreign companies to establish in Nigeria

Some cross-border businessmen on Sunday said they were discussing with companies from Cote d’Ivoire to establish branches in Nigeria to retain their patronage. The businessmen, whose wares have been trapped in transit due to Nigeria’s land border closure since August, told the News Agency of Nigeria (NAN) in Lagos that they had incurred huge losses. […]
News Nigeria

Local content: Ex-president Jonathan hails Lee Engineering for investing $100m in fabrication plant

Former President Goodluck Jonathan has said the Local Content Act 2010 is the driving force in the increased participation of indigenous companies in the nation’s oil and gas sector. He lauded the efforts of indigenous companies who have taken advantage of the law to invest and participate and especially singled out Lee Engineering and Construction […]
Aviation

Ghanaian president calls for investment in aviation

The first aerospace show and Aviation exhibition with the aim to establish Ghana as the hub of aviation in Africa has ended in Accra. The platform was organized to create opportunities for aircraft fleet modernisation, aviation investment opportunities, aircraft financing and networking to ensure the continued growth of the air transport business. Over 100 exhibitors […]
Business Money

Companies deploy new corporate governance code

Following the controversy that initially trailed the newly introduced National Code of Corporate Governance (NCCG) by the Financial Reporting Council of Nigeria (FRC), Business Times findings revealed that companies and organizations have started complying with it. Corporate governance can be described as a way of running an organization which guarantees that its owners or
Business Capital Market

Companies delisted from NSE to deter regulatory breach – Ugorji

The Nigerian Stock Exchange (NSE) has been commended for its sustenance of strict corporate governance and ensuring strict compliance to market rules. Vice President, Strategy & Corporate Services, FMDQ, Ms. Kaodi Ugorji gave the kudos recently in Badagry Lagos during an event with focus on boosting indigenous participation in the Nigerian capital market. She said […]