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Boeing to cut more than 4,500 jobs in 2016

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Boeing will eliminate about 4,000 jobs in its commercial airplanes division by the middle of this year, the company’s spokesman, Doug Alder, said on...

Freight forwarders seek participation in maritime policy formulation

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Spokesman of Ports Logistics and Freight Forwarders Association (PLFFA), Osita Machie, has urged the Federal Government to seek the inputs of the association in...

FCTA releases N1.6bn bailout to area councils

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Federal Capital Territory Administration (FCTA) on Wednesday gave the mandate for the release of the sum of N1,679,825,308.1 bailout to the six Area Councils...

WEMA Bank gets long-term ‘BBB-‘ national rating with stable outlook

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The Global Credit Rating agency (GCR) has recently concluded its first rating review of Wema Bank plc. The bank has received a Long Term...

Akwa Ibom begins payment of salary to newly recruited staff

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Akwa Ibom State government has commenced the payment of salary to newly recruited staff after the conclusion of several screening exercises as part of...

Nigeria-China trade volume hits $40.9bn

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The Chinese ambassador to Nigeria, Gu Xiaojie, on Tuesday put Nigeria-China trade volume at $40.9 billion. Gu, who made the disclosure during a visit to...

Okowa Promises Quality Health Care For Delta State indigenes

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Delta State Governor, Senator Dr. Ifeanyi Okowa has assured Deltans of his administration’s commitment to the provision of quality health care in the state. The...

President Buhari rejects ’phantom’ budget

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First, he forced out over N17 billion. But he wants more deleted. Close sources say another N15 billion remains attached and federal  government officials,...

Lagos Chamber of Commerce & Industry comments on recurring fuel scarcity...

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The fuel crisis of the past few weeks once again underscores the need to urgently review the current policy framework for the petroleum downstream...

Guaranty Trust Bank: Still no rain on its parade

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Increasing TP: BUY (maintained): TP: NGN21.8 (previously NGN19.4) Guaranty Trust Bank (GTBank) recently held a conference call to discuss its FY15 results and 2016 outlook. We learnt:...