Chemical Engineers seek private control of moribund refineries
By Providence Ayanfeoluwa The Nigerian Society of Chemical Engineers (NSChE) has called on the Federal Government to adopt a transparent, competitive and time-bound privatisation process for Nigeria’s moribund state-owned refineries, with majority private ownership and professional management. The society’s National President, Engr. Bayo Olarewaju-Alo, made the call at a press conference titled, “Nigeria’s Moribund Refineries […]
FG, Nestle tackle N455bn annual loss from unsafe water, others
By Emma Ujah, Abuja Bureau Chief The Federal Government and Nestle Nigeria Plc have commenced a nationwide campaign to tackle challenges of unsafe water and poor sanitation, which costs the economy about N455 billion annually. Minister of Water Resources and Sanitation, Engr. Prof. Joseph Utsev, while speaking at the Nestle Water Quality Advocacy Campaign in Abuja, […]
DDmfb reiterates commitment to empowering MSMEs
By Babajide Komolafe DD Microfinance Bank Ltd (DDmfb) has reaffirmed the bank’s commitment to deepening financial inclusion and supporting the growth of micro, small and medium enterprises (MSMEs) in Nigeria. Chairman of the Bank, Prince Austin Enajemo-Isire made this known during a courtesy visit to Vanguard Newspaper Ltd., Lagos, where he emphasised the role of the […]
PenCom recoveries from defaulting employers rise 503.7% in Q1’25
By Rosemary Iwunze The National Pension Commission, PenCom said that recoveries from employers that default in remitting pension contributions of their employees, rose by 503.7 per cent to N972.12 million in Q1’25 from N161.03 million recovered in Q4’24. The Commission also disclosed that the defaulting employers coughed out N381.88 million as penalties for default in Q1’25. This […]
NESG recommends economic stabilization, growth priorities for FG
By Emma Ujah, Abuja Bureau Chief The Nigerian Economic Summit Group (NESG) has recommended to the Federal Government three areas of priorities to sustain the growth trajectory of the economy, namely supporting business continuity and growth, as well as boosting productivity and job creation. NESG Chairman, Mr. Niyi Yusuf announced the recommendations in his address at […]
Access Bank CEO Roosevelt Ogbonna resigns from holdings’ board
Access Holdings Plc has announced the resignation of Mr. Roosevelt Ogbonna, a Non-Executive Director, from its Board of Directors.
