Union Bank wins ITF award for human capital development

The Industrial Training Fund of Nigeria (ITF) announced Union Bank of
Nigeria Plc as the “Overall Best Contributing Employer in Human
Resources” for the year 2015. The financial institution was
presented with the award by the Deputy Director, ITF on Monday, August

NIMASA committed to full implementation of Cabotage Act - Peterside

The Director General of Nigerian Maritime Administration and Safety Agency (NIMASA), Dr Dakuku Peterside, has again reiterated the agency’s determination in ensuring that the Coastal and Inland Shipping Act 2003 also known as the Cabotage Act is implemented to the letter.

Dangote’s petrochemical projects will transform Nigeria – British envoy

British High Commissioner in Nigeria, Paul Arkwright, at the weekend in Lagos said that Dangote Industries Limited’s multibillion dollar petrochemical project has rekindled his country’s optimism that the Nigerian economy offers enormous opportunities to foreign investors.

Fix the economy now, Gowon tells Buhari

Former Head of state , General Yakubu Gowon (retd), yesterday, took a retrospective look at the situation in the country and asked President Muhammadu Buhari to ensure that the country’s economy regains its strength to alleviate the suffering of the masses.

Why IMF boss, Lagarde, may go to jail

Ms Lagarde was French finance minister in 2008 when she approved a payout of €400m to a politically connected businessman.

NIMASA will no longer tolerate IOCs’ disregard for cabotage, environmental laws – Peterside

Dr. Dakuku Peterside, the Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), has said that the agency would no longer tolerate the disregard for cabotage and environmental laws by the International Oil Companies (IOCs) operating in Nigeria.

Unbelieavable! Nigeria inflation 16.5% in June, highest in 11 years

Nigerian inflation accelerated to the highest rate in almost 11 years in June, complicating the task of the Central Bank of Nigeria (CBN) in an economy which is at risk of contracting this year.

How Attah became NLNG boss

The Nigeria Liquefied Natural Gas (NLNG) Limitrd has appointed Mr Tony Attah as its new managing director and chief executive officer.

This is contained in a statement signed by Mr KudoEresia-Eke, NLNG’s general manager, External Relations, on Thursday.

Shareholders own Skye Bank, says new chairman

The Chairman of Skye Bank Plc, Mohammed Ahmad, has clarified that the reconstitution of the board of the bank by the Central Bank of Nigeria (CBN) was not a takeover of the bank but an intervention to correct observed corporate governance issues under the old board.

Nigeria’s economy will probably contract this year – IMF

Nigeria’s economy will probably contract this year as energy shortages and the delayed budget weigh on output, according to the International Monetary Fund.