Akwa Ibom sues firm over alleged N65 billion tax liabilities
The Akwa Ibom State government has dragged an oil servicing firm operating in the state, Globestar Engineering Company (Nigeria) Limited, to the state’s revenue court over its failure to remit over N65 billion...
Pharma industry targets 12% growth rate to boost GDP
Local manufacturing arm of the pharmaceutical sector in Nigeria is targeting an annual growth rate of 12 to 15 per cent to improve its contributions to the economy.
Diamond Bank posts 53% yearly growth amid dip in profit
Diamond Bank Plc on Monday released her 2016 Business Year (BY) performance scorecard on the floor of the Nigerian Stock Exchange (NSE), showcasing stable growth in key financial parameters.
Cote d’Ivoire, others ahead of Nigeria on global logistics hub
A recent report by the World Bank index on logistics competence placed Cote d’ Ivoire, Senegal, and Sao Tome respectively above Nigeria in the ranking on global logistics hub.
Bank partners British Council to host ‘Open House Lagos’
As part of efforts geared towards promoting architectural designs, Sterling Bank Plc, in collaboration with British Council has concluded plans to host the second edition of ‘Open House Lagos’ with the theme: ‘50 years of Resilience and Innovation’.
Community, stakeholders seek lifeline for privatised Iwopin Paper Mill
Iwopin (formerly Iwopin Pulp and Paper Company), in Ogun Waterside Local Government Area of the state, only the NPM and NNMC were producing, though at a low capacity, the NNPMC did not work.
Paris stock market falls after attack, before French elections
The Paris stock market fell on Friday after the latest violent attack in the city and as traders awaited the weekend presidential election in France.
Ambode tasks civil servants on transparency, simplified processes
Lagos State Governor, Akinwunmi Ambode has charged the state civil servants to be transparent on government activities, finances and a simplified bureaucratic process for its citizens.
‘Nigeria, 14 others generate 80% of Africa’s GDP’
Nigeria and 14 other countries are currently generating over 80 per cent of Africa’s Gross Domestic Product (GDP).This is according to Jumia Nigeria in its 2017 African Mobile Trends study, presented on Tuesday, to herald the commencement of the Jumia Mobile Week, which starts from April 24 to 30.
LCCI empowers over 200 youths under mentoring initiative
To tackle rising unemployment rate among teeming Nigerian youths, the Lagos Chamber of Commerce and Industry (LCCI) has empowered about 65 potential entrepreneurs with the requisite skills needed to remain successful and profitable while doing business in the country.