DANGOTE LAMENTS DIFFICULTIES OF DOING BUSINESS IN NIGERIA

The Chief Executive Officer of Dangote Group, Alhaji Aliko Dangote, has lamented over difficulties being encountered by investors in carrying out business activities in many states in Nigeria He, however, said the situation is different in Lagos state. Dangote, rated by Forbes Magazine to be the richest man in Africa at a function in Lagos, on Tuesday, More...

by editor | Published 1 month ago
By editor On Thursday, March 8th, 2018
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NIGERIA PROBES MAN WHO ATTEMPTED TO FLY WITH OVER $375,000 CASH

Nigeria Customs earlier this month arrested man who attempted to travel with $375,000 cash to the United Arab Emirates. They have since handed the suspect over to the anti-graft body. The Economic and Financial More...

By editor On Monday, March 5th, 2018
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OIL GIANTS SHELL, ENI ON TRIAL IN BIG NIGERIAN BRIBERY CASE

MILAN (AP) — A corporate bribery trial billed as the biggest in history opened Monday against the Shell and Eni oil companies as well as former and current executives, all charged in a $1.1 billion scandal to More...

By editor On Friday, March 2nd, 2018
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NIGERIA BRIBERY SCANDAL REFLECTS COST OF DOING BUSINESS IN PETROSTATES

  This month, high-ranking officials of two major international oil companies (IOCs) will go on trial in Milan for bribing officials in Nigeria to secure lucrative contracts. The case marks the third major corruption More...

By editor On Thursday, March 1st, 2018
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AT BREAKFAST FORUM, NIGERIA’S GROWTH NARRATIVES RECEIVE BOOST

The advocacy for Nigeria’s growth narratives to focus on inclusive growth has received a boost. It was at the monthly Breakfast Forum of the Nigerian-South African Chamber of Commerce held in Lagos under the More...

By editor On Tuesday, February 27th, 2018
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NIGERIA TO AUTOMATE SHIPPING PROCESSES

The Federal Government of Nigeria is set to automate all shipping related administrative processes in order to reduce subjectivity and corruption, thereby promoting transparency in the Nigerian maritime industry. More...

By editor On Thursday, February 22nd, 2018
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FORD JUST NAMED ITS NEW NORTH AMERICA BOSS AFTER THE FORMER EXECUTIVE RESIGNED OVER ‘INAPPROPRIATE’ BEHAVIOR (F)

One day after Raj Nair, Ford’s North America president, abruptly resigned from the company amid allegations of inappropriate behavior, the automaker has moved rapidly to stabilize the leadership of its most More...

By editor On Wednesday, February 21st, 2018
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YOU CAN BE SUCCESSFUL IN BUSINESS EVEN IF YOU DON’T ‘BUILD AN EMPIRE

When you’re an entrepreneur, you become part of a world that seemingly places great emphasis on getting big. Talk to any entrepreneur and they’ll share with you their grand plans for their businesses. They’ll More...

By editor On Thursday, February 8th, 2018
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Nigeria has launched its 2018 Humanitarian Response plan aimed reaching persons displaced by the insurgency in the country’s northeast region. The 2018 plan which is in collaboration with the United Nations World More...

By editor On Wednesday, February 7th, 2018
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KARI TASKS INSURERS ON BUSINESS TRANSFORMATION, CUSTOMER REALIGNMENT

The Commissioner for Insurance, Alhaji Mohammed Kari, has charged insurance operators to use opportunities and prevailing challenges thrown up by factors such as competitive environment, changes in the world economy More...