Browsing: Business

Comrade Ogun lamented that over a year after the PIB was presented to the National Assembly, not much has been done

Meanwhile, Bharti Airtel, a leading telecommunications services provider with operations in 20 countries across Asia and Africa, on Thursday announced the appointment of Ms. Charity Chanda Lumpa as the Managing Director of Airtel’s operation in Zambia with effect from May 1, 2013. 
Speaking on the appointment, George Sokota, Chairman of Airtel’s operation in Zambia, said: “I am delighted at Charity’s appointment, which is in line with Airtel’s stated philosophy of promoting local talent in Africa

“It is an undeniable fact that every responsible leadership, genuine stakeholder and patriot must be worried when a Nation spends about N1 Trillion, an equivalent of about 20% of the National Budget, on subsidy paid out to a few Companies and enjoyed in the main by very few elites, while the common man benefits only minimally

He solicited the support of the FCT Administration to enable it execute its projects and programmes such as the establishment of Abuja Talent Academy, NYSC Entrepreneurship Programme and Abuja Creative Enterprise Group, among others

The resident said the factory serves as the harbinger of death to over 1,000 residents of the community and urged the government to take prompt action to save them from death

Trouble started for Atuche when he allegedly recently contacted Joachim Nnosiri, an Office Assistant with Keystone Bank’s Central Sharing Services Centre in Lagos, to deliver some allegedly forged documents to the Bank’s Corporate Headquarters also in Lagos for onward presentation in court as exhibits in an ongoing case between Atuche and the EFCC before Justice Okunnu

Their arrest and subsequent arraignment was sequel to a petition by a new generation bank, which they allegedly defrauded to the tune of N14.56 million

As a matter of fact, many of the agents have paid the registration fee. This will enable us monitor what they are sending and trace whatever contraband to whoever sends it. That is how it is done everywhere

He called on motorists to avoid panic buying, adding: “There is no threat of fuel scarcity, we are working round the clock to surmount any distribution challenge and I can assure that the measures we have put in place are proving effective. So we call on motorists not to engage in panic buying which can result in unnecessary queues and create hardship for Nigerians, which is what we are trying to avoi

Speaking on the issue, the CEO of FBN Holdings Plc, Bello Maccido, said the holding companies at inception faced a major concern over possible interpretation of existing tax statutes that would lead to the double taxation of dividends

Swaroop was managing director and chief executive during the turnaround phase of the company from May 2010 to March 2013 following the purchase of the Africa assets of Zain by Bharti Airtel, the Indian telecoms firm that is ranked 4th in the world.

The Governor of Kwara State, Dr. Abdulfatah Ahmed, has signed the 2013 Appropriation Bill of N96.4 billion into law with…

The Itori Unit Commander of the FRSC, Fatai Bakare, told newsmen that the accident occurred in the late hours of Thursday when an articulated vehicle, belonging to Dangote cement at Ibese, lost control

The next meeting of the board, we will probably be able to have the people that will constitute the committee for the purpose of these companies

At a lecture delivered at The Tony Elumelu Foundation offices in Ikoyi, Lagos State, Porter, who was described by the Times of London as the world’s “most influential management guru” and is widely regarded as the foremost authority on company and country competitiveness, spoke on competitive strategy, addressing entrepreneurs and business leaders on how best to sustain market advantage

The 50 Nigerian companies to be awarded have broken AllWorld records of high growth among 15 countries throughout the Middle East, South Asia and Africa, with an astounding annual growth rate of 100 per cent

The governors were at the Presidential Villa for the National Economic Council, which is chaired by Vice President Namadi Sambo and comprises of the 36 state governors and some key ministers

Also speaking, Governor Ibrahim Dakwambo of Gombe said NEC gave its blessing to the recommendations of a Sub Committee he headed to review a recent presentation by the Minister of Information Technology, Mobolaji Johnson, on a proposed improved, broadband roadmap for the country, to the effect that telecoms service providers should partner with the Federal Government and state sovernments, to ensure proper harmonization and integration of development projects with ICT infrastructure in the country

The accused, who were arraigned before Justice Elvis Chukwu, pleaded not guilty to the charges

It is also pertinent to note that respondents were informed that the bank selected did not have to be their personal bank