Business

FG maps 500,000 MSMEs to drive industrial growth, competitiveness

FG maps 500,000 MSMEs to drive industrial growth, competitiveness

…Disburses over N600bn through BoI to support business By Yinka Kolawole The Federal Government has captured more than 500,000 Micro, Small and Medium Enterprises (MSMEs) in a national database as part of efforts to strengthen industrial development, improve policy planning and enhance Nigeria’s competitiveness in regional and global trade. This is even as over N600 billion has […]
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…Now world’s largest owner of B777 aircraft type

…Now world’s largest owner of B777 aircraft type

Emirates has become the world’s largest airline operator of Boeing 777 aircraft with the arrival of its 78th Boeing 777 at present..
Emirates has another 28 Boeing 777s pending delivery, worth over $7 billion at list prices, and it is also the only airline to operate every model in the Boeing 777 family: -200s, -200ERs, -200LRs, -300s, -300ERs and freighters.

HRG Nigeria restructures for better service delivery

HRG Nigeria restructures for better service delivery

HRG Nigeria, a member of the global travel management solution providing network has effected some changes in its high hierarchy as a way of delivering on its value driven services to its clients.

Building national capacity in Nigeria

Building national capacity in Nigeria

NIGERIA has seen significant growth in reserves and production capacity over the years and the Government should be very proud of what has been accomplished. For its part, ExxonMobil’s upstream affiliates in Nigeria, MPN and EEPNL have been able to play a significant role in the realisation of Nigeria’s national growth targets. We have achieved this while, at the same time, building Nigerian capacity and skills.

Oando Plc targets $1.34b capital boost

Oando Plc targets $1.34b capital boost

SHAREHOLDERS of Oando Plc have unanimously endorsed the management’s proposed plans to raise N200 billion (approximately $1.34 billion) additional capital to strengthen the company’s capital base and support continued business growth.

NNPC signs agreement with NAOC on gas development

NNPC signs agreement with NAOC on gas development

The NNPC on Friday in Abuja signed a modified carry agreement with Nigeria Agip Oil Company (NAOC) to finance “Train 4’’ and “Train 5″ of the Nigerian Liquefied Natural Gas (NLNG) project.The project, which is expected to cost 473.3 million U.S. dollars (about N71 billion), would guarantee gas supply of 131 million metric standard cubic feet of gas per day to the LNG plant trains.

Smuggling, power failure threat to textile industry revival, Labour warns

Smuggling, power failure threat to textile industry revival, Labour warns

ORGANISED Labour in the nation’s textile industry, has warned that despite government efforts at raising the textile industry revival fund from N70 billion to N100 billion or even N500 billion, there cannot be real industrial revival if the issues of power and smuggling are not urgently addressed..