PNL Finance Director, Per Kristensen, said the facility would be used for additional machinery, factory expansion and value chain development, which would create jobs for Nigerians and increase the company’s capacity to support the country’s economy.
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The Nigerian Communications Commission, NCC, says active mobile telephone lines in Nigeria have increased to 162.30 million in June.
Prof. Stephen Ocheni, the Minister of State for Labour and Employment, said this on Tuesday in Abuja at the inauguration of the task team on Public-Private Round-Table on youth employment and skill development.
West Africa’s leading data centre company, MDXi, has reiterated the importance of edge data centres to enable African consumers enjoy improved online experiences with much reduced latency, while significantly reducing transit costs.
The Managing Director of TCN, Mohammed Usman-Gur, made this known at a news conference in Abuja on Tuesday.
Dashe Arlat, the Chairman, Plateau State Internal Revenue Service, disclosed this in an interview with the News Agency of Nigeria in Jos.
For over three hours, fire disrupted banking services at head office of Ecobank Nigeria Ltd. on Ahmadu Bello Way, Lagos, on Tuesday.
Amaechi said this in an interview with newsmen in Abuja while commenting on the 2nd anniversary of the Abuja-Kaduna rail line.
The fire, from the diesel dispensing truck, broke out at about 9am
Speaking in an interview on Bloomberg TV at the weekend, about his new book: “Africa Rise And Shine: How a Nigerian Entrepreneur from Humble Beginnings Grew a Business to $16 billion,” Ovia urged entrepreneurs to be responsive to opportunities lurking around.
The company showed significant growth over same period last year, recording a turnover of N8.01 billion, Profit Before Tax of N2.02 billion and Earning Per Share of 17.84 Kobo.
The National Association of Academic Technologists, NAAT, has urged the Federal Government to expedite action toward release of the fund approved for part payment of Earned Allowances arrears to some unions in federal universities.
The Government of Nigeria has endorsed Dr. Abubakar Sadiq Hussaini as the country’s sole candidate to contest the position of Secretary General of the African Telecommunications Union in August.
The Bayelsa State Government has received N10.8 billion as allocation from the Federation Accounts Allocation Committee, FAAC, for the month July 2018.
The Tin Can Island Port Customs Command said it generated N162.70 billion in the first six months of 2018, up from N130 billion generated in the corresponding period of 2017.
Diamond Bank Plc has strengthened its retail business segment with digital customers of three million for the second quarter ended June 30, 2018.
Seplat emerged investors delight with a gain of N62.50 to close at N687.50 to lead the gainers’ table.
The company during the period posted a profit after tax of N18 billion compared to N24 billion recorded in the corresponding period of 2017.
The Nigerian currency exchanged at N358.3, weaker than N358 traded on Friday, while the Pound Sterling and the Euro closed at N480 and N420.
The Executive Vice Chairman of NASENI, Prof. Mohammed Haruna, said this while declaring open the agency’s 2018 Solar Installation and Maintenance Training programme for two batches of 20 trainees each in Abuja.