Police declare port corridor ticketing, revenue collection illegal
By Godwin Oritse The Western Ports Police Command has intervened in the brewing dispute between the Committee of Maritime Transport Unions and Associations (COMTUA) and the Lagos State Trucks and Cargo Operators Committee (LASTCOC) over the proposed sale of Lagos State revenue tickets along the Apapa and Tin Can Island port corridors. The intervention followed […]
GSK set to divest from drinks business
GSK Consumer Nigeria Plc has confirmed that it has received a non-binding offer from, Suntory Beverage & Food , SBF Limited to diversify its drinks business comprising the bottling and distribution of Ribena and Lucozade and part of the Agbara manufacturing site.
NNPC/Chevron gas project to improve power
TO improve power supply and support government’s effort to reduce gas flaring, the Nigeria National Petroleum Corporation, and Chevron Nigeria Limited, NNPC/CNL Joint Venture, have announced the completion and load-out of the topside module of the SONAM N on-Associated Gas, NAG, Wellhead Platform project.
Current economic climate calls for investment diversification —Oyebola
Managing Director/Chief Executive, FBN Capital Asset Management, Mr. Michael Oyebola has advised investors to embrace diversification as a tool of personal and institutional financial planning in light of the prevailing economic realities in the country.
‘FG should explore CBN’s forex policy to boost manufacturing’
Manufacturers have called on the Federal Government to strengthen the Central Bank of Nigeria, CBN policy on foreign exchange in order to support the growth of the manufacturing sector.
CFOs express fear over 2016 business environment
THE Chief Financial Officers (CFOs) of various organizations across the country have expressed fear over what 2016 business environment holds for the success of their operations if government fails to deliver on its mandate in areas of infrastructures, security, clarity on exchange rate and tax.
