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Tantalisers optimistic of on-going strategic initiatives

Tantalisers

Tantalisers Plc., Nigeria’s foremost fast food company and the only quoted QSR Company on the Nigeria Stock Exchange, has expressed business optimism regarding the efficiency of its on-going strategic initiatives aimed at reversing the recent declining profitability in the business. The initiatives which commenced in the last two years are …

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Waterways: Lagos issues boat operators, dredgers ultimatum

Lagos state government officials addressing inland waterways issues

*Says Appeal Court judgement clear, unambiguous, victory for fiscal federalism By Adeyemi Robinson-Adefioye, Lagos Lagos State Government has issued a 7-day ultimatum to boat operators, dredgers and all stakeholders in the inland waterways sector to comply with all the applicable laws, rules and guidelines concerning their operations failure of which …

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Opare, Ghanaian undergraduate discover Mudclo search engine

Gabriel Opare, Mudclo

*Will rival Google, YouTube *Critics say his charge not true Gabriel Opare, a 19-year-old Ghanaian university undergraduate is rustling the headlines in the world of technology. He has built a new search engine called Mudclo which is expected to rival Google and Youtube. According to Opare, his new search engine which he …

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Osinbajo demands diversification from African Petroleum ministers

President Yemi Osinbanjo being received by the Group Managing Director, NNPC, Alhaji Maikanti Baru (l) while the Executive Secretary, African Petroleum Producers Organisation, Mahaman Laouan Gaya (m) looked on during the official opening ceremony of the Extraordinary Session of The Council of Ministers of The African Petroleum Producers' Organisation at the Transcorp Hilton Hotel, Abuja.

Acting President, Prof. Yemi Osinbajo, has advised Ministers of the African Petroleum Producers organisation (APPO) to ensure reforms that will bring about growth and development of the region. Prof Osinbajo gave the advice at the opening ceremony of the Extraordinary Session of the Council of Ministers of the African Petroleum …

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$1.2bn debt: Etisalat finally pulls out of Nigeria

Etisalat

*We shall emerge to become a stronger business Abu Dhabi’s Etisalat has terminated its management agreement with its Nigerian arm and given the business time to phase out the brand in Nigeria, the chief executive of Etisalat International told REUTERS on Monday. Nigerian Communications Commission (NCC), the local regulators intervened last week …

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Nigeria Re, KBL insurance under NAICOM probe

Insurance

Nigeria Reinsurance Corporation and KBL Insurance Limited – are facing queries, while eight were undergoing review from the National Insurance Commission (NAICOM) which says she has approved 39 out of 49 insurance companies during the 2016 financial reports submitted to it. The Commission’s Head of Corporate Affairs, Mr Rasaaq Salami …

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Etisalat: Hakeem Bello-Osagie forced to resign from board

Hakeem Bello-Osagie...Etisalat

*Over restructuring plan for the telecommunications firm Chairman of Etisalat Nigeria Limited, Hakeem Bello-Osagie, has resigned his position following the approval of a restructuring plan for the telecommunications firm. A statement obtained by this newspaper confirmed the development, saying the decision followed “the approval of a restructuring plan for the telecommunications firm.” …

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Customer drags FCMB to court for illegal deductions

Adam Nuhu FCMB Managing Director

Bodex Telecom Nigeria Limited, a Limited Liability company  and its managing Director, Olabode Agboola, have slammed a N20 million suit on First City Monument Bank Plc (FCMB) and three others, over alleged threat and deploying stringent and forceful measure to recover illegal debt from them. The applicants in the suit …

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Can Herman Hembe return N47,670,086 to NASS in 90 days?

Herman Hembe

*Details of what he is expected to return Herman Hembe has been removed from the House of Representatives by the Supreme Court’s order. The removal which comes with extra baggage: he is to refund, within 90 days, “all the salaries/allowances and or emoluments he collected while occupying the seat”. So …

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Food, drinks at state banquets must be Nigerian – Osinbajo

Prof Yemi Osinbajo...supports complete Nigerian products and services

*Laws put in place to support policy direction *Customs new tariff regime to injure importation Acting president, Prof. Yemi Osinbajo, says the present administration is committed to ensuring that government and its citizens patronise locally made products which must be Nigerian. He states that preference must be given to indigenous …

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