DANGOTE Cement Plc, and Lafarge Cement WAPCO Nigeria Plc will next month, commission two new cement plants with a total grinding capacity of 8.5 million metric tonnes per annum.

ENUGU –based African Institute for Applied Economics (AIAE) has flayed the governors of the South East states for lack of up-to-date information about what investment opportunities exist in their respective states. The South East states comprise Enugu, Ebonyi, Imo, Abia and Anambra.

President of the National Council of Managing Directors of Licensed Customs Service (NCMDLCA), Lucky Amiwero has advocated for the cancellation of the Destination Inspection (D/I) scheme and the re-introduction of the Pre-shipment inspection scheme.

Workers of Savannah Sugar Company, a subsidiary of Dangote Group in Yola, Adamawa State, has sent a Save Our Soul (SOS) plea to the Federal Government over alleged threat to their lives by the leaders of the host community who are said to be demanding N480 million settlements from the company.

The Board and management of the First Royal Microfinance Bank have commenced the recapitalization of the bank to N100 million through the involve-ment of shareholders in the areas of increasing their shareholding and marketing of the bank’s shares to core investors.

The passage of the Maritime Security bill by the House of Representative and moves by the ad-hoc Presidential Implementation Committee on Maritime Safety and Security (PICOMSS) in it bid to transform into an agency may have forced the management of the Nigerian Maritime Administration and Safety Agency(NIMASA) and the Nigerian Navy to renew their relationship on safety on Nigerian waters.

The Minister of Trade and Investment Dr. Olusegun Aganga has called for more collaboration between the United Nations Industrial Development Organization (UNIDO) and the Federal Ministry of Trade and Investment in order to promote and accelerate sustainable Industrial development in the country.

Governor Rotimi Amaechi of Rivers State, Wednesday, said productivity was necessary for attracting investment in the capital market, noting that the state was planning to float bonds to finance its infrastructure.

The future prospects of Nigeria’s banking industry would be greatly influenced by the continuous training and re-training of its manpower.

ORGANIED Labour in the Nigeria’s banking sector has kicked against the increasing conflicting pronouncements by the Central Bank of Nigeria, CBN, especially on the status of the rescued banks, arguing that CBN’s policy has undermined the integrity of the banks and created crisis of confidence in the minds of the public.