Category: Business
Aero Contractors sacks 900 workers
Aero Contractors Airline, which is under the management of the Asset Management Corporation of Nigeria (AMCON), has sacked about 900 workers represe [...]
Customs suspends import duty on old vehicles
The Nigerian Customs Service has announced the suspension of the implementation of the payment of import duty on old vehicles. The move is in complian [...]
SON nabs importer who alters products’ expiry dates
The Standards Organisation of Nigeria has arrested a cosmetics and wine importer suspected of changing the expiry dates on products and putting new da [...]
Etisalat may leave Nigeria over $1.2bn loan default
Abu Dhabi telecoms group, Etisalat, may sell its stake in Etisalat Nigeria, which has defaulted on a $1.2bn loan, but wants the company’s debt restruc [...]
Dangote now coal miner in Tanzania
Aliko Dangote is now a coal miner as Tanzania’s Ministry of Energy and Minerals at the weekend handed a 10-square-kilometre plot of land to the $500 m [...]
CBN, NCC to intervene in Etisalat, banks’ loan crisis
The Central Bank of Nigeria and the Nigerian Communications Commission on Thursday agreed to intervene in the loan issue between Etisalat Nigeria and [...]
Lagos to deploy surveillance drones designed by state polytechnic …Offers best graduate employment
The Lagos state governor, Akinwunmi Ambode, on Thursday at the 25th convocation ceremony of Lagos State Polytechnic (LASPOTECH) announced that the sta [...]
Social Media Week 2017 in pictures…. How humanity and technology came together for SMW
The fifth edition of the Social Media Week Lagos, a leading news platform and worldwide conference that curates and shares the best ideas, innovations [...]
Florence Seriki, founder Omatek Ventures is dead
The founder and managing director of Omatek ventures Plc is dead. The notable entrepreneur who started Omatek Ventures Plc over 20 years ago died at t [...]
GTBank wins multiple awards at the 2017 CBN EPIS efficiency awards …Wins 6 awards for two consecutive years
In what can be categorized as a great moment, foremost financial institution, Guaranty Trust Bank plc, has reaffirmed its position as Nigeria’s leadin [...]