Business

NBC Partners RecyclePoints, Unveils Plastic Recycling Bank In Lagos

      As part of its commitment to driving its global World Without Waste agenda, the Nigerian Bottling Company Ltd (NBC) in partnership with RecyclePoints, a waste recycling and social benefit organisation, have commissioned a Plastic Recycling Bank. The recycling bank, which is located at its Ikeja Manufacturing Plant in Lagos, will help ensure […]


Edo Modular Refinery Ready To Begin Operations – Obaseki

      The Edo State Governor, Mr. Godwin Obaseki, on Friday, said the Edo Modular Refinery being developed by Edo Refinery and Petrochemical Company Limited (ERPC) with support from the Edo State Government, in Ologbo, Ikpoba – Okha Local Government Area of the state, is ready to commence operations. Obaseki stated this shortly after […]


GT Bank Immortalises Aderinokun, Names Training Complex In His Memory

      Ten years after the death of the co-founder and former Managing Director of Guaranty Trust Bank, Mr Tayo Aderinokun , the bank has opened its new Training Complex and named it after him. The Complex was commissioned on Thursday, June 24, 2021, and will be known as “Tayo’s Plaza.” Aderinokun was one […]


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SAHCO Organises AGM, As PBT Rises By 57% In 2020

        The Skyway Aviation Handling Company (SAHCO) Plc Profit Before Income Tax rose by 57 per cent to N566,665,000 in the year ended December 31, 2020. This is just as the ground handling company’s profit for the year increased by 84.15 per cent to N482,377 from N220,434 in 2019. SAHCO also approved […]


Fidelity Bank Commends Air Peace’s Financial Discipline,Assures Carrier Of Continued Support

    Fidelity Bank Nigeria Plc, one of the commercial entities in the country  has commended the financial discipline of Nigeria’s major airline, Air Peace This is just as it restated its commitment to continue to partner and collaborate with West Africa’s largest carrier. Speaking during the ceremony to mark the arrival of Air Peace’s […]


Obaseki’s Reforms: Ondo Delegates Visit Edo, Understudy Revenue Collection, Generation Model

    Efforts by the Governor Godwin Obaseki-led administration to reform and optimise tax administration in Edo State has been hailed by the Ondo State Government, who embarked on a two-day study visit to Edo State Internal Revenue Service (EIRS) to understudy its seamless revenue administration system. Receiving the tax experts in Benin City, EIRS […]


Obaseki, Firm Sign Agreement On Realization Of Edo Inland Dry Port

    …As Project Reaches 70% Completion   The Edo State Governor, Mr. Godwin Obaseki, has signed a Joint Venture Agreement (JVA) with promoters of the Edo Inland Dry Port, Atlantique Marine Engineering Services, formalising the framework as equity owners for the investment, on behalf of Edo people. With the agreement, Edo citizens are now […]


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Dawit Lemma Appointed IS-BAH Standards Board Member  

          …Becomes First African Representative     Founder & Chief Executive Officer(CEO) of Krimson Aviation, Dawit Lemma has been appointed into the prestigious International Standards for Business Aircraft Handling (IS-BAH) Board. Krimson Aviation is the Addis Ababa-based flight support, charter, leasing, MRO solutions and aviation consultancy firm. The IS-BAH Standards Board […]


Why Cement Prices Are Going Up–Dangote

  …Lists Measures To Tame Prices   Dangote Cement Plc may have stepped up its expansion programme in response to the recent developments in the cement market in Nigeria. According to Vanguard, the development may have also forced the dominant player in the market to consider halting its export programme. Speaking to the media yesterday […]


CBN Sacks First Bank Directors

      …Reinstates Adeduntan As MD/CEO   …Says Directors’ Action An Affront     The Central Bank of Nigeria(CBN, the apex regulator of the banking sector today sacked  the entire members of the board of First Bank Nigeria Ltd and First Bank of Nigeria Holdings Plc. The apex body had earlier queried the Board […]