BoI Decries N5.81bn Unpaid Omatek’s Loan, Seven Years After Omatek Ventures Plc’s indebtedness to the Bank of Industry has entered its seventh year as the bank...
Twelve Ships Arrive Lagos Ports with Petrol, Others Twelve ships carrying various products have arrived at Apapa and Tin-Can Island ports, waiting to berth, the Nigerian...
FTN Cocoa Processors Struggles to Avoid Collapse FTN Cocoa Processors Plc is facing a threat to its continuity as its bankruptcy issue heightens. The firm, which...
NCC Urges Army to Explore IT for Efficiency The Nigerian Communications Commission has charged the Nigerian Army to explore Information and Communications Technology in order to...
Aero Contractors Expands Operations Nigeria’s oldest commercial airliner, Aero Contractors, has expanded its operations by re-opening its old routes and introducing new ones with the acquisition...
NCDMB Rejects 1,494 Expatriate Quota Applications The Nigerian Content Development and Monitoring Board has rejected a total of 1,494 expatriate quota applications, industry data obtained from...
Vitafoam Approves N260.51m Dividend Payment Vitafoam Nigeria Plc has approved a dividend of N260.51 million for the 2018 financial year. The amount approved by shareholders translates...
Lafarge Africa Succeeds with N89.2bn Rights Issue Lafarge Africa Plc has successfully raised fresh capital of N89.212 billion from existing shareholders through a rights issue of...
Air Crash: Panic Over Air Peace Boeing 737-Max 8 Order Air travellers on Monday expressed worry over the recent order made by Air Peace, Nigeria’s largest...
African Airlines Report 5.1 Traffic Rise African airlines saw January traffic rise 5.1 per cent, up from 3.8 per cent in December. However, concerns have continued...