No fewer than 100 journalists in Lagos and Rivers states have been trained on “Digital Reporting”, to widen their horizon and efficiency, by Skye Bank Plc as part of its Corporate Social Responsibility (CSR) programme. The participants, drawn from the…
As Nigeria inches towards full deregulation of the oil sector, the National President of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), FRANCIS JOHNSON, says its members are fully in support of the planned deregulation of the…
THE days ahead may just be harder than expected as the International Monetary Fund (IMF) yesterday, said crude oil prices may slump to as low as $20 per barrel in 2016. Following the release of the “IMF Executive Board Concludes…
Minister of Solid Minerals Kayode Fayemi yesterday said the mining sector’s N400 billion contribution to the Gross Domestic Product (GDP) will soon go up. Nigeria has 44 mineral assets, including precious minerals, which, Fayemi said, could make the sector a…
In recent years the Annual General Meeting of Guaranty Trust Bank Plc have been a celebration of what remains the most profitable banking operation in Nigeria. This brand equity has been exported to make the bank a successful international brand.…
TELECOMMUNICATION giant MTN yesterday said it took the Nigerian Communications Commission (NCC) to court over the N780billion fine imposed on it over subscriber identity (SIM) card registration infractions because of its belief in the long term sustainability of its business…
A Federal High Court, Lagos has ordered Stanbic IBTC Bank Plc to pay a former Group Managing Director of Afribank Nigeria Plc, Patrick Olayele Akinkuotu and his company, Longterm Global Capital Limited, the sum of N4.5 billion for breach of…
THE telecommunication giant, MTN has filed a suit at the Federal High Court, Lagos challenging the $3.9billion sanction imposed on it by the Nigeria Communications Commission (NCC). Sued alongside the NCC is the Attorney General of the Federation (AGF), and…
Dangote Cement Plc is beating its chest for leading an initiative that crashed the price of cement by about 40 percent. The move by the market leader cut cement price from about N2,000 to N1,300. The cement company explained the…
MTN Nigeria has finally concluded it would not pay the N1.04 trn fine, the Nigerian Communications Commission, NCC imposed on it, for its failure to disengage about 5.1 million improperly registered subscribers on its network in August and September 2015…
