AN international fire equipment company with Nigerian presence Alco Systems Nigeria Limited has introduced a new fire fighting device into the Nigerian market. Explaining how the technology works at a seminar in Lagos, the managing director, Mr.Evipidou George, observed that fighting fire has moved away from being combative.

IFC, a member of the World Bank Group, has called on the Federal Government to encourage the establishment of medium-sized gas plants by private sector investors so as to boost the country’s power generation needs.

The Lagos Chamber of Commerce and Industry is holding a stakeholders forum on ‘Corruption in Procurement and Contracting Processes in the Public and Private Sectors’ today .

Nigerian Association of Chambers of Commerce, Industries, Mines and Agriculture (NACCIMA), Tuesday, enjoined the Central Bank of Nigeria (CBN) to shield Asset Management Corporation from undue government interferences.

AHEAD of the nation’s 50 years of independence anniversary, Manufacturers Association of Nigeria (MAN)is examining the state of the manufacturing sector at its 38th annual general meeting, today, in Lagos.

MINISTER of the Federal Capital Territory Administration, FCTA, Senator The FCT Executive Committee (EXCO) has approved the sum of N92,225,821.86 to M/S CPCS Transcom for the extra work on Abuja Mass Transit Network.

The Federal Government on Tuesday in Abuja challenged Information and Communication Technology (ICT) experts in Africa to come up with new strategies that would further advance ICT development on the continent.

A number of potential investors in Nigeria’s rescued banks have completed due diligence but uncertainty over how the state’s “bad bank” will value non-performing loans could slow the sale process, banking sources said.

Driven by robust innovative electronic banking initiatives, FinBank has recorded a profit after tax (PAT) of N2.32billion in the half year ended June 30, 2010, as against N2.21billion in the corresponding period of 2009.

Afrinvest West Africa Limited, a private investment banking and research firm in Nigeria is set to unveil its 2010 Banking Sector Report.

A roundtable of public and private sector infrastructure experts convened by IFC, a member of the World Bank Group, has recommended rapid action by the Nigerian government to help ensure that private capital can play a larger role in solving Nigeria’s infrastructure bottlenecks, especially power.

Kony Nig. Enterprise, a firm involved with the supply of animal health drugs and livestock feed supplements, was recently awarded with the International Quality Summit (IQS) award in the Gold category by the Business Initiative Directions (B.I.D) in New York for its commitment to quality, leadership, technology and innovation.

The Senate, Chartered Institute of Stockbrokers (CIS) and Association of Stockbrokers of Nigeria (CIS) has waded into the controversy between the President of the Nigerian Stock Exchange (NSE), Alhaji Aliko Dangote and management of the NSE, with the aim of finding an amicable solution to the crisis.

The declining trend on the Nigerian Stock Exchange (NSE) continued, Tuesday, as the value of listed equities dipped by N52.72 billion.

ORGANISED Labour and other stakeholders associated with petroleum products business in Nigeria have dismissed rumour of impending fuel scarcity in the country, describing the rumour as the handiwork of unscrupulous businessmen who wants to create panic and anxiety in the country.