OTHER BUSINESSES

The Nigerian National Petroleum Corporation (NNPC) said it has signed a deal with Schlumberger to provide $700 million for the development of two oil fields in the country’s crude-rich southern part of the country. According to NNPC in a statement published on its website, the Anyala and Madu fields, estimated...

The Nigerian Senate has assured foreign investors of a conducive working environment in Nigeria which it believes will help to grow their businesses and improve bilateral confidence even as it has vowed to pass laws that would enable investors feel comfortable doing business in Nigeria. Deputy Senate President, Ike Ekweremadu,...

Lagos State Governor Akinwunmi Ambode and Federal Inland Revenue Service (FIRS) Chairman, Mr. Babatunde Fowler are among prominent figures expected at the 44th annual general meeting (AGM)/congress of the Association of Advertising Agencies of Nigeria (AAAN) in Lagos. The event will hold from June 6 to 8 at the Golden...

...Oscar Onyema named 2016 HR Champion The Nigerian Stock Exchange (“NSE” or “The Exchange”) is pleased to announce that it has won for the second consecutive year, the Employer of Choice Award, 2016, in the “Under 1,000 Employees” category. This award which is in recognition of the Exchange’s outstanding contributions...

According to PwC Southern Africa's Hospitality and Gaming Industry Leader, Pietro Calicchio, Africa's hotel sector has remained resilient in the face of strong economic headwinds. PwC's 7th edition of the Hotels Outlook: 2017-2021 features information about hotel accommodation in South Africa, Nigeria, Mauritius, Kenya, and Tanzania. PwC has also taken...

In pursuance of its mission to uplift the lives of the communities in which the United bank for Africa (Plc) operates, UBA Foundation’s initiative, Read Africa is visiting schools in African countries to encourage young children embrace the culture of reading. Read Africa is an initiative of UBA Foundation geared...

The Nigeria Social Insurance Trust Fund (NSITF) says it would soon begin the process of mandating defaulting employers to register with the fund. The Managing Director and Chief Executive of the fund, Adebayo Somefun disclosed this in an interview with the News Agency of Nigeria (NAN) in Abuja. He said...

Lagos Business School in partnership with Duke Corporate Education (South Africa) is hosting an International Executive Development Programme (IEDP) for the Banking Sector Education and Training Authority (BANKSETA), in Lagos, Nigeria. The programme, which started on Monday, June 19, 2017, is currently immersing the participants through an action-based learning intervention...

A group of Chinese investors have entered into discussion with Governor Henry Seriake Dickson to invest massively in key sectors of the state. Their discussion centred on multiple job creation and supporting the government to further provide opportunities for other businesses in the state to grow. Leader of the delegation...

Nigeria's Forte Oil plans a 20 billion naira ($66m) share sale to institutional and high net worth investors and has applied for regulatory approval, it said on Monday. The energy firm said the capital raising will be done as a public offer for shares through a book building process to...