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Mimiko sets to disburse N1b to SMEs

Mimiko sets to disburse N1b to SMEs

The new Administration  of Governor Olusegun Mimiko is set to disburse the sum of N1 Billion to small scale industries and cooperative societies in the State.

DESOPADEC commended for peace, devt

DESOPADEC commended for peace, devt

MANAGING Director of Freedom Mortgage Finance Limited, Dr Tommy Ighrakpata-Peters, has commended the board of Delta State Oil Producing and Development Commission (DESOPADEC) for ensuring peace and socio-economic development in oil producing areas in the state.

LCCI revives Specialised Trade Expos

LCCI revives Specialised Trade Expos

By Franklin Alli INDICATIONS have  emerged that the Lagos Chamber of Commerce and Industry (LCCI) is set to revive specialised trade exhibitions in the country.

Employees, our greatest assets — MON

Employees, our greatest assets — MON

MOBIL Oil Nigeria (MON) Plc, has said its greatest asset remains it employees and that the long-term success of MON depends on coaching, mentoring and developing employees to attain their full potential

Guinness in fresh layoffs

Guinness in fresh layoffs

BREWERY giant, Guinness Nigeria PLC, is embarking on a fresh retrenchment exercise as renewed wave of downsizing of workforce hits the Food and Beverage sector of the nation’s economy.
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Economic meltdown is impacting on real estate agency– Ovesuor

Economic meltdown is impacting on real estate agency– Ovesuor

Against the backdrop of the ongoing global economic meltdown which is impacting on all facets of the economy, a renowned estate surveyor and valuer, and managing partner of U. K. Ovesuor & Partner, Mr. Elias Ovesuor has noted that the impact is not too pronounced in real estate practicegenerally but on an aspect of the practice which is agency. Agency in real estate business refers to property brokerage, leases, sales and so on.

Lagos State appoints Fidelity Bank branches as E-Service points

Lagos State appoints Fidelity Bank branches as E-Service points

The Lagos State Govern ment has announced the designation of all branches of Fidelity Bank in the state as E-Service Points (ESP).  By this appointment, all payments to the Lagos State Government can be made through Fidelity Bank Plc.  Also, all information and documentation about payments to Lagos State, including the electronic tax clearance certificate […]

Consolidated Breweries acquires DIL/Maltex

Consolidated Breweries acquires DIL/Maltex

Consolidated Breweries Plc, one of the foremost beverage companies in Nigeria, has obtained permission from the regulatory authorities to acquire the majority stake holding in Dumex Industries Limited (DIL)/Maltex, a subsidiary of CFAO Nigeria Plc. This was made possible following the decision of CFAO to divest from DIL/Maltex by offering its 95.05% equity holding to Consolidated Breweries Plc.

NSE lists 4.966bn shares of Mtech Communication

NSE lists 4.966bn shares of Mtech Communication

By Micheal Eboh The Nigerian Stock Ex change (NSE) yesterday listed 4,966,666,668 shares of 50 kobo each at N2.50 per share of MTech Communications Plc, a leading mobile Value Added Services (VAS) company in Nigeria.

BOI, USA partner to boost Agric sector

BOI, USA partner to boost Agric sector

By Michael Eboh Government of the Unit ed States America (USA) has reiterated commitment to ensuring food security in Nigeria , as it announced its plan to partner with the Bank of Industry (BOI) in Nigeria to provide the much needed support and boost the country’s agriculture sector.

Dredging of River Niger to  commence by July ending —NIWA

Dredging of River Niger to commence by July ending —NIWA

The dredging of the lower part    of River Niger will commence   by the end of July as against the earlier date of July 7, according to Mike Dike, General Manger, Engineering, National Inland Waterways Authority, NIWA.Dike disclosed on Tuesday in Lokoja that survey and other pre-dredging activities were currently going on along the portion of […]

De-Lords Securities sues Access Bank over N1.5bn margin facility

De-Lords Securities sues Access Bank over N1.5bn margin facility

By Dotun Ibiwoye The effect of the meltdown in the capital market is gradually   surfacing, despite the return of the bullish trend in the market,   as a stockbroking firm, De-Lords Securities Limited has dragged Access Bank Plc to court for alleged breach of contract over a N1.5 billion margin facility granted it by the bank.

Militants blow up Chevron flow station in Delta

Militants blow up Chevron flow station in Delta

By Emma Amaize WARRI- MOVEMENT for Emancipation of the Niger-Delta (MEND) at about 10.00 pm on Tuesday attacked the Otunana flow station, operated by the Chevron Nigeria Limited in Delta State in fulfilment of its promise to launch operation “Hurricane Piper Alpha” after its 72-hour ultimatum on oil companies to quit the region expired on […]

Miss Imo gets automatic varsity admission

Miss Imo gets automatic varsity admission

By Chidi Nkwopara OWERRI—The winner of  Miss Imo 2009 beauty pageant, Miss Onyinyechi Ibeagi, has been given automatic admission into Imo State University, Owerri, to study any course of her choice.