Not up to a few years ago, Nigerians were told that a certain domestic company was set to roll out Direct To Home satellite television in the Pay TV industry that would rival the services of frontline Pay TV companies and deliver on certain demands that Nigerians were making at the time and even until this day but we will come back to those demands shortly.
TStv Africa, a Nigerian direct to Home Pay TV operator, has offered employment to over 100 job seekers this year alone in anticipation of beginning operations according to a reliable source close to the company.
Expand Global Industries Limited (EGIL) has restated its commitment to the safety of its staff and its environment, as investigations on the fatality on its premises continue. In a recent statement, the Company regretted the unfortunate incidence leading to the death of one of its third party staff and promised to work with the police and the family at this difficult period.
South African Company, Shoprite Holdings Limited, has closed it's business and is set to move out of Nigeria over harsh operational environment.
Recently, the central bank came up with a directive which enables any bank (the creditor) to seize or take hold of funds in their customers name (the borrower) even though such funds are resident in another bank (and not the creditors bank) if the creditor bank can prove that the customer obtained loan from it and defaulted in the loan agreement. This CBN directive mandates that all loan agreement will have a clause which will authorize the banks to so act.
The Edo Modular and Refinery Company Limited and AIPCC Energy are on the verge of completing the 5500bpd Edo Modular Refinery, a key legacy project by the Governor Godwin Obaseki-led administration to recalibrate the state’s industrial base, birthed through a Memorandum of Understanding (MoU).
Bayelsa State Governor, Senator. Douye Diri, has given kudos to the state assembly for the expeditious passage of the revised 2020 appropriation bill.
Traders and businesses in Edo State have been tasked to adopt technology solutions in enhancing their businesses in the wake of the Corona virus (COVID-19) pandemic so that they can sustain the state's economy and protect their customer base.
The Joint Ministerial Monitoring Committee (JMMC) of the Organisation of Petroleum Exporting Countries (OPEC) and its non-OPEC allies, jointly called OPEC+, yesterday, disclosed that conformity to the production cut deal by participating countries stood at 107 per cent in the month of June 2020.
Guinness Nigeria, a subsidiary of Diageo Plc, and a leading total beverage alcohol company in Nigeria has posted a revenue of N96.0 billion for the 9 months ended 31 March 2020. The results show that the Company delivered a profit after tax of N1.4 billion.