Home Topics Chief Executive Officer
Chief Executive Officer
The China National Offshore Oil Corporation (CNOOC) is to invest an additional three billion dollars in its existing stakes in offshore oil and gas operations in Nigeria.
The Ibeto Groups and Sinomas Chinese Group of Companies says they have concluded plan to construct two high-capacity cement factories in Nkalagu and Effium communities of Ebonyi.
The Asset Management Corporation of Nigeria (AMCON) has secured a Federal High Court Abuja Division to take over Sigma Apartments owned by Sigma Engineering & Construction Limited over N1 billion debt.
The Federal Road Safety Corps (FRSC) and Lagos State Traffic Management Authority (LASTMA) have advised Lagos residents to use Bus Rapid Transit (BRT) and waterways transportation during the repair of Third Mainland Bridge.
The Nigerian Economic Summit Group (NESG) has appointed Niyi Yusuf and Onyeche Tifase, who are presently Non-Executive Directors as new Vice-chairmen of the board.
A financial expert, Dr. Bala Mohammadu Abubakar, has identified lack of corporate governance and fiscal responsibility in both private and public sectors of Nigeria economy as the major factor militating against business activities in Nigeria.
A Memorandum of Understanding has been signed between the Akwa Ibom State Government and BlackRhino, operators of Qua Iboe Power Plant, QIPP, for the establishment of a transmission line and a power plant in the state
Binkabi, a London-based start-up firm said on Saturday that it was set to boost agriculture trading through its block-chain technology.
According to Kari, the new policy would introduce a “risk-based system” where companies would be restricted to their areas of competence and abilities instead of the “rule-based system” in operation, where companies operate regardless of the level of their capital.
Mr Adeoye Fadeyibi, the Chief Executive Officer and Managing Director, Eko Electricity Distribution Company (EKEDC) on Friday said the company was recording huge revenue losses in Lekki due to meter bypass and energy theft.
Governor Akinwunmi Ambode of Lagos State on Thursday declared support for the African Continental Free Trade Agreement and urged Nigeria to sign the agreement.
Governor Akinwunmi Ambode of Lagos State, on Thursday, said the export inflow at the Lekki Free Zone (LFZ) in Ibeju Lekki area of the state is projected to hit over $6billion (about N2.159trillion) by 2020, saying it was time for Nigeria to develop sustainable roadmap to rev up export with particular focus on multi-sector products far beyond oil.
Kuku said that AMCON had gotten tired of obligors (debtors), coming to their office and telling lies about wanting to embark on a staggered payment which they end up never paying.
The bid for the sale of 9mobile equities followed disagreement between Emerging Markets Telecommunication Services Limited (EMTS), formerly trading as Etisalat Nigeria, and the banks to restructure the repayment of a seven-year mid-term facility secured by the telco to service an existing loan and expand its network in 2013.
Two suspects, Alhaji Bello Isah and Alhaji Abdullahi Usman, have been arraigned before the court by Economic and Financial Crimes Commission (EFCC), Gombe Zonal office, on four-count charge bordering on Conspiracy, Forgery and Obtaining Goods by false pretence.
The principals have chosen to speak as there were concerns that Volpi’s press release implied that they, Whitmore Limited, had a total indebtedness of $680 million.
National Leader of the All Progressives Congress, (APC) Sen. Bola Tinubu, on Sunday said the election of Dr Kayode Fayemi in Saturday’s gubernatorial poll was a victory for the people.
Femi Kuti has spent his life railing in song against the ills holding back Africa. But these days he is feeling some optimism.
Oyo State Governor, Senator Abiola Ajimobi, has described the victory of Dr. Kayode Fayemi in the just-concluded gubernatorial election in Ekiti State as a demonstration of the people’s trust in the All Progressives Congress (APC) as a party that has the capacity to liberate the state from mis-governance and gross under-development.
The Edo State Chapter of the All Progressives Congress (APC), held a victory rally to celebrate the success of the party’s candidate in Saturday’s governorship election in Ekiti State, Dr. John Kayode Fayemi, who has been announced winner of the polls.
A witness at the Internally Displaced Persons (IDPs) camp at Geo-science, Angulu-D, Zawan, where Governor Simon Bako Lalong was attacked on Saturday afternoon, Mr Francis Pwajok, has revealed how the IDPs initially murmured at the governor’s behaviour before pelting his convoy with stones.
Two members of the National Youth Service Corps (NYSC), Aminat Dauda from Ogun and Gbenga Osuntan from Ondo State have received the Sultan’s awards for Excellent Service in Sokoto rural communities.
The Senate on Wednesday rejected a motion demanding for details of 30,000 Policemen deployed to monitor the July 14, 2018 governorship election in Ekiti State.
The Peoples Democratic Party (PDP) has cautioned the Independent National Electoral Commission (INEC) not to accept or announce any result that does not reflect the true votes cast at polling centers, as such would be a direct call for crisis.
Chukwulaka quoted EU Commissioner for Humanitarian Aid and Crisis Management, Christos Stylianides, as saying that Sahel region experiences its worst food and nutrition crisis in five years and continued insecurity.