Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) and Trinity Gardens Limited has announced plans to develop a Four Points hotel by Sheraton Ikeja, which is scheduled to open in 2013.

As part of its effort to reduce the increasing unemployment in the state, the Lagos State Government has establish three commercial fish cages and pen culture system of size 5.7 x 4.8×2.1metres at the lagoon front of the University of Lagos (UNILAG).
The state also revealed that by the middle of the year, they will be producing there own fish feeds as a way of reducing the price of fish feeds in across the state.

Investors have continued to lament the long delay associated with the verification of share certificates by registrars among others.
The investors who daily besieged registrars of quoted companies in their thousands are faced with various difficulties, ranging from verification of their share certificates, dividend warrant enquiries, re-validation of their warrant and probate letter of administration.

The Board of Afprint Nigeria Plc last week expressed its commitment in meeting their final obligations to the minority shareholders of the textile company.

The Managing Director of Meridian Microfinance Bank, Mr. Innocent Ezema, has blamed lack of staff training for the poor performance of MFBs.

Mr Francis Atuche, former Managing Director of Bank PHB, and Spring Bank’s former Managing Director, Charles Ojo, have asked a Federal High Court in Lagos to dismiss the corruption charges brought against them by the Economic and Financial Crimes Commission, EFCC.

The Federal Government says it is ready to cooperate with the British Council in the area of business productivity and job creation. This is contained in a statement from the Ministry of Science and Technology given to the News Agency of Nigeria (NAN) on Wednesday in Abuja.

Chief John Odeyemi, Chairman, Ecobank Plc, on Wednesday said that the ongoing reform in the banking sector and the non-passage of the budget was adversely affecting the private sector. Odeyemi, a former National President of the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture, made the remark in Abuja while answering questions from newsmen.

As the controversy over the Container Tracking Note (CTN) rages, the management of Transport and Ports Management Limited (TPML) has said that the introduction of the new policy will not be an additional cost to importer.

By Ndahi Marama MAIDUGURI—DETERMINED to ensure positive government and labour working relationship, Governor Ali Modu Sheriff of Borno State has approved the appoint-ment of an eight-member committee for the immediate payment of pensioners of the state and local governments. The committee members are the Commissioner of Urban and Rural Water Supply, Alhaji Abubakar Kyari as […]