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All posts by BusinessNews Staff

  • Diamond Bank partners WTEC to ICT training on women

    Diamond Bank has just concluded a six month training programme on information and communications technology (ICT) for 100 young women in Ibadan, Oyo State. Held in collaboration with Women’s Technology Empowerment Centre (WTEC), the training saw the...

    • Posted December 18, 2015
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  • TUC, LCCI differ on proposed petrol price rise

    The Federal Government should not effect the proposed increase in the price of Premium Motor Spirit, popularly known as petrol, without reaching an agreement with the organised labour, the Trade Union Congress of Nigeria has warned. However,...

    • Posted December 17, 2015
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  • Blueprint for Ajaokuta, Itakpe out soon – Fayemi

    The Federal Government will soon unfold its blueprint for the rehabilitation of the Ajaokuta Steel Company and the National Iron Ore Mining Company, Itakpe, in Kogi State. The Minister of Solid Minerals Development, Dr. Kayode Fayemi, disclosed...

    • Posted December 17, 2015
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  • TUC opposes reintroduction of tolling on roads

    The Trade Union Congress of Nigeria has described the planned reintroduction of tolls to assist the government in raising funds as an unwelcome development. In a communiqué issued at the end of its National Executive Council meeting...

    • Posted December 17, 2015
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  • Customs generates N13bn in 11 months

    With just two weeks to the end of year 2015, the Nigeria Customs Service (NCS), Oyo/Osun command has declared that N13billion was realised as revenue between January and November this year. The acting Customs Area Controller, Mr....

    • Posted December 17, 2015
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  • Angola overtakes Nigeria in crude oil production

    Nigeria’s crude oil production fell by 250,000 barrels per day (bpd) in November, making the country lose its status as Africa’s top oil producer to Angola, latest data from the Organisation of Petroleum Exporting Countries (OPEC) has...

    • Posted December 17, 2015
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  • NUPENG blames FG for protracted fuel scarcity

    The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has blamed the federal government for the protracted scarcity of petroleum products in the country, describing government explanations as window dressing. The union also said while it...

    • Posted December 17, 2015
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  • China seeks increased trade, cultural exchange with Nigeria

    The Chinese government has announced its commitment and readiness to increase the cultural exchange, economic and trade relationships with Nigeria, noting that China-Nigeria cooperation in all fields is developing steadily with both countries’ culture attracting more attention...

    • Posted December 17, 2015
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  • Substandard goods: SON to introduce Reference Code for products in 2016

    The Standards Organisation of Nigeria (SON) has announced that it has taken additional measures to combat the influx of fake and substandard goods‎ into the country by introducing a reference code on products in 2016. The Director...

    • Posted December 17, 2015
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  • Chevron engages marine platforms on Agbami Phase 3 Project

    Chevron Nigeria Limited’s Star Deepwater Petroleum Limited has awarded Marine Platforms Limited a Brownfield deepwater construction contract to carry out subsea tieback for the Agbami field, one of Nigeria’s largest deepwater developments. By the terms of the...

    • Posted December 16, 2015
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