Business

Dangote to launch own shipping fleet to boost maritime operation

Dangote to launch own shipping fleet to boost maritime operation

By Godwin Oritse In a move to address limited shipping capacity and the rising cost of road transportation, which have hindered its regional expansion, Dangote Industries has concluded plans to acquire its own vessels to facilitate the movement of its products from Nigeria to markets across West and Central Africa. Speaking from the perspective of […]
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Shell trains 45 youths in Delta

Shell trains 45 youths in Delta

WARRI –SHELL Petroleum Development Company, SPDC, has trained 45 youths drawn from eight host communities in Delta State in different skill acquisition programmes, including computer technology, electrical installation, welding, and hotel and catering.

Dangote Flour posts N2.61bn profit

Dangote Flour posts N2.61bn profit

Dangote Flour Mills has recorded a gross profit of N2.61 billion for the first quarter ended March 31, 2012. The foremost flour miller earned revenue of N13.80 billion in the same period.

Govt responsible for increase in bread price – Adejare

Govt responsible for increase in bread price – Adejare

The national caretaker committee secretary, Association of Master Bakers and Caterers of Nigeria, and Chairman, Mushin local government area, Evangelist J.O Adejare told Moses Nosike that the Federal Government should be held responsible on the recent increase in price of bread. He disclosed different moves made by his members to avert the sudden increase in price of this essential food, bread. Excerpt.

Cross River’s reserve fund hits N5.3bn

Cross River’s reserve fund hits N5.3bn

CALABAR—CROSS River State reserve fund which commenced in 2005 during the former Governor Donald Duke administration with N50 million contributions every month has hit N5.32 billion, Mr. Etim Caifas, state Commissioner for Finance has said.