Category: Business
NLC gives Air Peace, Bristow,14-day ultimatum over sacked workers
The Nigeria Labour Congress has rejected the recent sacking of 100 pilots by Air Peace, 69 Pilots by Bristow Helicopters and National Union of Air Tra [...]
Fuel scarcity imminent as NUPENG directs drivers to withdraw services in Lagos, list grievances
The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has directed tanker drivers to withdraw their services in Lagos as from Monday. In a s [...]
Covid-19: World Bank approves $114.3m grant for Nigeria
The World Bank Board of Directors, on Friday, approved a $114.28 million financing grant to help Nigeria effectively respond to the threat posed by Co [...]
Access Bank enters into agreement with Cavmont Capital
Access Bank Plc has announced that its subsidiary, Access Bank Zambia (ABZ), has entered into a definitive agreement with Cavmont Capital Holdings Zam [...]
UBA leads consortium in $1.5bn oil financing deal for NNPC
The United Bank for Africa Plc (UBA), the leading pan-African financial services group, is the lead arranger of a consortium of Nigerian commercial an [...]
Elumelu gives Akinyelure seven days ultimatum to retract statement on N41bn fraud allegation
The Chairman of Heirs Holdings, Tony Elumelu, has given the Chairman, Senate Committee on Privileges and Public Petitions, Senator Ayo Akinyelure, sev [...]
Bristow Helicopters sack 100 pilots, engineers
The management of Bristow Helicopter has sacked over 100 pilots and engineers. This is coming on the second day of the industrial strike action embark [...]
Lai Mohammed launches controversial NBC code
Minister of information and culture, Lai Mohammed on Tuesday presented the 6th national broadcasting code, NBC, at the Radisson Blu Hotel, Ikeja, Lago [...]
Elumelu’s alleged link to N41bn NITEL contract fraud, malicious, untrue – UBA
The Management of the United bank for Africa, UBA, has described the alleged N41 billion NITEL contract fraud levied against its Chairman, Mr. Tony El [...]
(Updated) ShopRite not leaving, only selling it’s Nigerian stake
ShopRite Nigeria has debunked news of its exit from Nigeria due to a decline in sales.
"Shoprite is not leaving Nigeria," according to the Country Di [...]