News

Christmas: Gov Ugwuanyi offers free transport for Enugu indigenes

Ihesiulo Grace 14 December 2017 0

Enugu State Governor Ifeanyi Ugwuanyi has offered free transportation for indigenes of the state residing in other parts of Nigeria, who intend to return home to celebrate the Christmas season with their loved ones. Announcing the welfare package, the Managing Director, Enugu State Transport

News

Lagos Asembly drills LBIC over insubordination, demolition of structures

Ihesiulo Grace 24 November 2017 0

Members of the Lagos State House of Assembly on Thursday, drilled the Managing Director of Lagos State Building Investment Company LBIC, Mrs. Folashade Folivi for dishonouring the invitations of the House Committees in the course of their investigation over demolition of some structures in Ogba, Ijaiye, Estate area of the state by her Office. Folivi […]

Tourism

NATOP insists on return of tourism ministry

Ihesiulo Grace 23 November 2017 0

… Says tourism awareness low in Nigeria President, National Association of Nigeria Tour Operators (NATOP), and also Managing Director, Remlords Tours, Mr. Nkereuwem Onung, says the tourism industry in the country can contribute to the nation’s economy if the Federal Government returns It a full-fledged Ministry of Tourism. He said: “Government should stop

Capital Market

Nestle: Firm proposes N15 interim, as MD reassures stakeholders of better returns

Ihesiulo Grace 30 October 2017 0

….Q3 2017 Bonny Amadi The Managing Director of Nestle Nigeria Plc has assured the company’s stakeholders of sustained returns on investments, quality products and sustained contribution to physical and health being through healthy products. The company’s new MD, Mr. Mauricio Alarcon, who was appointed as the boss of Nestle Nigeria Plc effective 1st October, 2016, […]

Business

African economy: Elumelu urges leaders on enabling environment

Ihesiulo Grace 17 October 2017 0

.As UBA drives growth with investment in technology As part of effort in achieving poverty free continent, the Chairman Heirs Holding Plc, Mr. Tony Elumelu has called on African leaders to develop the continent through provision of enabling business environment, so as to unlock embedded potentials of entrepreneurship and Small Business Enterprises (SMEs) across the […]

Business Interviews

Challenges facing manufacturing must be addressed—-Kotey

Ihesiulo Grace 21 August 2017 0

Managing Director, Pel Extract Limited, Linus Kotey and chairman of the Lagos State Small Scale Industrial Estate, Matori, Lagos, in this interview with Simon Ugwu, speaks on issues affecting manufacturing industry. Excerpts About Pel Extract Limited. We are producers of wines, food drinks and spirits. Some of our brands are Capri aptizers, Pel aptizer, Rubby […]

Energy

NIPCO MD gives reasons for firm’s role in fuel distribution chain

Ihesiulo Grace 15 August 2017 0

The Managing Director , Nigerian Petroleum Marketing Company; (NPMC), a subsidiary of the Nigerian National Petroleum Corporation (NNPC), Mr Umar Ajiya has outlined reasons for NIPCO’s pivotal role in petroleum products storage and distribution across the country. NPMC is an offshoot of the defunct Petroleum Products Marketing Company [PPMC] charged with the primary role

Business

Nigeria to construct new oil, gas free zone in Niger Delta

Ihesiulo Grace 20 February 2017 0

The Niger Delta will be housing a new oil and gas free zone, said Managing Director, Oil and Gas Free Zones Authority, Umana Umana at the weekend. According to Umana, the promoters of the new free zone, Awaritse Nigeria Limited, is willing and ready to do all it takes to acquire an oil and gas […]

Business Capital Market

Cadbury names new MD

Ihesiulo Grace 12 January 2017 0

Cadbury Nigeria Plc has announced changes to its board, naming Mr Muhammad Amir Shamsi as its new Managing Director. The manufacturer in a regulatory filing with the Nigerian Stock Exchange noted that the appointment takes effect from 1st February 2017 following the resignation of the current Managing Director Mr Roy Naaman taking effect on the 31st of […]

Business Money

Ecobank Nigeria on path of market leadership – CEO

Ihesiulo Grace 8 January 2017 0

The Managing Director, Ecobank Nigeria, Charles Kie, has said the lender is on the path of attaining market leadership.   According to him, “with our bank-wide transformation efforts, especially electronic payment solutions and strategy designed to boost long-term productivity of our core businesses, we are confident these efforts will position us for strong growth

Business

Chevron Nigeria appoints Jeff Ewing as Managing Director

Ihesiulo Grace 2 January 2017 0

… Clay Neff becomes President, CALAEP Chevron Nigeria Limited (CNL), operator of the joint venture between the Nigerian National Petroleum Corporation and CNL, has announced the appointment of Jeffrey “Jeff” Ewing to the position of Chairman and Managing Director of Chevron companies in Nigeria. The appointment took effect yesterday. Jeff Ewing succeeds Clay Neff,

Headlines News

130 transmission projects abandoned since 2002 -official

Ihesiulo Grace 19 December 2016 0

Managing Director, Transmission Company of Nigeria (TCN), Dr. Atiku Abubakar, has said that about 130 power transmission projects have been abandoned since 2002. He made the revelation at the electricity customer’s forum organised by the Eko Electricity Distribution Plc in Lagos on Sunday. However, he said the administration of Buhari will ensure execution of the […]

Business Headlines

BOI Disburses N781bn in Loans

Ihesiulo Grace 17 May 2015 0

The Managing Director, Bank of Industry (BOI), Mr Rasheed Olaoluwa, on Saturday said the bank had disbursed N781 billion in loans to small, medium and large enterprises in Nigeria as at December 2014. Olaoluwa disclosed this at a media parley organised by the bank in Lagos. He said that the bank’s total loan disbursement in […]

News

Buhari Victory: Oil Companies Now Returning to Nigeria- Arthur Eze

Ihesiulo Grace 27 April 2015 0

A business mogul, prince Arthur Eze, has said that the recent victory of General Muhammadu Buhari, at the presidential election has given more confidence to many oil companies who have left Nigeria but now returning to the country. Prince Eze who is also an oil magnet, revealed that all of them in the oil industry […]

Tech

ICT Holds Transformational Opportunities for Nigeria-Makwane

Ihesiulo Grace 24 March 2015 0

Microsoft has been in Nigeria for decades. The software giant claims to be deeply committed to the evolution of a truly indigenous Nigerian ICT industry. Its Managing Director, Mr. Kabelo Makwane, was one of the guests of the Rivers State University of Science and Technology at the ICT Innovation and Entrepreneurship Forum last week. He […]

News

35 Million ATM Cards at Risk over End of Widow Server 2003 OS-Microsoft

Ihesiulo Grace 20 March 2015 0

Microsoft Nigeria has announced July 14, 2015 as the expiry date for its Windows Server 2003 Operating System,(OS) which powers over 35 million payment cards, popularly known as Automated Teller Machine cards (ATM), currently being used in the country. This development according to Microsoft has put the over 35 million cards issued by Deposit Money […]