N110b Debt Cripples Gas Producers The President, Nigerian Gas Association (NGA), Dada Thomas yesterday lamented that players in the gas industry are running out of cash...
Nigeria’s Manufacturing Index Declines in October The Manufacturing Purchasing Manager’s Index (PMI) stood at 44.1 index points in October 2016, compared with the 42.5 recorded the...
Erisco Foods Exits Nigeria, Moves to China A leading indigenous local tomato paste manufacturer, Erisco Foods Limited, has made good its threat of shutting down the...
NIMASA to Review 3% Freight Benchmark The Director-General, Nigerian Maritime Administration and Safety Agency (NIMASA), Dr, has inaugurated a committee to review the parameters for charging...
Terminal Operators, Others Owe NPA N30b Terminal operators are owing the Nigerian Ports Authority (NPA) over N30 billion. NPA’s Managing Director Ms Hadiza Bala Usman, sources...
Arik Air Celebrates 19.5m Passengers in 10 Years Arik Air said yesterday that it has flown over 19.5 million passengers in the ten years of its...
Abuja Disco Targets 50% Increase in Revenue The Abuja Electricity Distribution Company (AEDC) has said it targets 50 per cent increase in revenue from December when...
Ghana Gives Adenuga Highest Honour Globacom Chairman, Dr. Mike Adenuga has been conferred with Ghana’s highest honour. The conferment of “The Companion of the Star of...
Nigeria-Turkey Trade to Exceed $1bn Turkish Ambassador to Nigeria, Mr Hakan Çakil, says the trade value between Nigeria and Turkey is expected to exceed one billion...
Unity Bank’ll Deliver Value to Investors, Says CEO The Managing Director/CEO of Unity Bank Plc, Mrs. Tomi Somefun has assured investors of the lender’s commitment to...