Business News

NCC boss says process to hike network call rates begins

By Abimbola Fashakin, Lagos The Nigerian Communications Commission, NCC, has stated that it has commenced the process for the review of mobile voice termination rates for telecommunication industries in the country.

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NIGERIAN BREWERIES REWARDS TRADE PARTNERS, PROMISES AN EXCITING YEAR AHEAD

Victoria Hanson    Nigerian Breweries Plc last Friday in Lagos, rewarded its distributors and trade partners spread across the country after a fulfilling and rewarding business relationship in 2006.  The award ceremony which took place at Eko Hotels and Suites, Victoria Island, Lagos was in honour of distributors and key transporters of the company who excelled in the course of ...

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TOTAL, Schlumberger Others Confirm Speakers for WAIPEC 2017 as Programme Continues to Build

Victoria Hanson The Petroleum Technology Association of Nigeria (PETAN) has announced the first set of speakers to feature on the programme at the West African International Petroleum Exhibition and Conference 2017 (WAIPEC), a three day major platform for the oil and gas industry, which will be held on 21st -23rd February, at the Eko Convention Centre, Lagos, Nigeria.

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Ambode approves fare increase for BRT, LAGBUS from March 1

By Olaolu Oladipo, Lagos Lagos State Governor, Mr. Akinwunmi Ambode, has approved fare increase for Bus Rapid Transit (BRT), LAGBUS and franchise buses with effect from 1 March, 2017.

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AMCON says Arik Air requires N10bn to resume full operations

By Abimbola Fashakin, Lagos The Asset Management Corporation of Nigeria (AMCON) on Sunday said it had discovered deep rooted rot at embattled airline, Arik Air.

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Agriculture: Lagos harvests 50 tons of catfish in 6 months

By Joshua Olalekan, Lagos Lagos State Government has state that it had harvested 50 tonnes of catfish in six months since the introduction of the commercial Cage Culture System fish farming.

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BoI ready to increase N1bn Fashion Fund, says Olagunju

By Abimbola Fashakin, Lagos The Bank of Industry (BoI) has promised to increase the one billion naira set aside to promote fashion industry in the country, if the demands for it increased.

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FG takes over Arik Air, appoints Ilegbodu as new helmsman

By Abimbola Fashakin, Lagos The Federal Government has announced the take over of Arik airlines in what sources in the aviation industry said is aimed at avoiding job losses.

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Alleged graft: EFCC grills Arik Air chairman, Arumemi-Ikhide

By Abimbola Fashakin, Lagos Operatives of the Economic, Financial and Other Crimes Commission (EFCC) have grilled the Chairman of Arik Air, Sir Joseph Arumemi-Ikhide over suspected allegation of graft in the management of the company.

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ITF sets up 4 new area offices, reshuffles management team

By Abimbola Fashakin, Lagps The Industrial Training Fund (ITF) has established four new area offices across the country in its bid to bring its services closer to the people.

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