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Business

Enugu: Ibeto Cement To Build US$386m Cement Plant In Enugu

Nigeria’s Ibeto Cement Company has signed a contract for a cement project with China’s Sinoma International Engineering Co., Ltd, a wholly owned subsidiary of Zhejiang Sinoma Engineering Design & Research Institute Co., Ltd. Sinoma International Engineering Co’s contract with Ibeto Cement Company Limited is for a 6000t/day clinker line and 45MW self-generation power plant in […]

Business

GTB Assets hits N3 Trillion

Guaranty Trust Bank plc has released its unaudited financial results for the 3rd quarter ended September 30, 2015, to the Nigerian and London Stock Exchanges. A review of the 3rd quarter performance shows positive growth across all key financial metrics and improved strategic positioning of the brand. Gross earnings for the period grew by 15% […]

Business

NNPC, others under investigation for remitting revenue in Naira

The National Economic Council rising from a meeting said revenue generating agencies are under investigation for remitting Naira equivalent of the dollar revenue they generated. Sun Newspapers reports that the Cross River State Governor, Prof. Ben Ayade, said “A brief report of Federal Government of Nigeria dollar generating revenue agencies remitting in Naira into the […]

Business

E-commerce firms must look beyond the Electronic Transaction Bill-Experts-Alofun

Lagos-19/08/2015 Following the rise in the electronic commercial activities in Nigeria and its contributions to the growth of the economy, stakeholders have long been agitating for policies and regulatory frameworks that can aid orderly conduct of electronic transactions in a manner that is fair especially to the customers. It was against this background that the […]

Business

Nigerian youths are scared to take initiative –Dragnet Boss

Nigerian youths have been admonished to become pacesetters in their chosen fields and not shy away from taking initiatives. Robert Ikazoboh, MD/CEO Dragnet Solutions Limited gave this advice while delivering a lecture at the AIESEC National Youth Summit recently held in Calabar. The Summit which was designed to train youth on personal, professional and global […]