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 […]
Carmudi Nigeria targets 10 million users as listings hit 40,000
Carmudi Nigeria, an online car retailer has said that its target is to attract at least ten million users to its website, www.carmudi.com.ng even as the site recorded about 40,000 listings including over 800, 000 Facebook fans.
Murray-Bruce, Ali Baba, others laud capital market’s investment opportunities
Some frontline operators in the Nigerian entertainment industry have passed a vote of confidence on the Nigerian capital market as a platform that provides an array of investment opportunities for individuals, corporate entities and government at all tiers.
Ashaka Cement records 3 % revenue growth in 9 months
Ashaka Cement Plc nine months results for the period ended 30 September, 2014 showed revenue growth of 3 per cent Year on Year, YoY to N17.3 billion and after tax profit growth of 103 per cent YoY to N4.3 billion.
FG canvases PPP in agric mechanisation
To an average Nigerian youth, the man with hoe and cutlass remains the best image of a Nigerian farmer. Majority of Nigeria’s smallholder farmers are often too poor to employ modern tools, such as tractors and plows, despite large investment by the government in the past.
Shareholders ask SEC, NSE to cancel Transcorp Hotel IPO
Some Transnational Corporation shareholders have urged the Nigerian capital market regulators to void the Initial Public Offering (IPO) of Transcorp Hotels.Plc.
