ABIDJAN, Ivory Coast, January 13, 2020/ — The International Federation of Consulting Engineers (FIDIC) (FIDIC.org) has secured a major agreement with the African Development Bank (AfDB.org) that will see the international funding organisation include the use of seven FIDIC standard contracts for the next five years. Under the terms of the agreement, FIDIC has granted Read more
The United Bank for Africa (UBA) declared it has employed increased its staff strength by employing 4,000 individuals and as well promoted 5,000 of its existing staff. The bank, in a statement announcing the promotion, said it has also crashed its grade levels to 12 from entry-level to pyramid from the previous 16. The bank Read more
The Federal Capital Territory High Court in Abuja yesterday granted the application of the Economic and Financial Crimes Commission (EFCC) to detain erstwhile Attorney-General of the Federation and Minister of Justice, Mohammed Bello Adoke (SAN), for 14 more days preparatory to his arraignment. In granting the application, the judge, Justice A.O. Musa stated that “the Read more
The Managing Director of Unity Bank Plc, Oluwatomi Somefun, might be on her way to the correctional facility after newspaper reports showed that the National Industrial Court of Nigeria (NICN) has been asked to commence committal proceedings against and commit her to prison for allegedly flouting orders made by the court. The request formed the Read more
As part of Dangote Industries Limited’s commitment to the Federal Government of Nigeria, Group President/CE of Dangote, Aliko Dangote took the Minister of Works and Housing, Babatunde Fashola on an inspection tour of the 35-kilometer Apapa-Oshodi-Oworonsoki-Ojota highway currently under construction by Dangote Industries Limited. The work began in 2018, as part of a bargain between Read more
The Group Managing Director/CEO of Dangote Cement Plc, Engr. Joseph Makoju mni will retire as GMD/CEO effective January 31, 2020, a position he has held since 2018; according to a report from the Nigerian Stock Exchange. Engr. Makoju, popularly called Mr. Cement, is bowing out after 45 years of transformational leadership in the cement industry. The Board has Read more
Phase one of the modular refinery and the groundbreaking ceremony of phase two is expected to hold in May 2020; The Waltersmith project has already reached 90 per cent completion. The project falls in line with H.E. Chief Timipre Sylva’s objectives to foster private sector participation in increasing domestic refinery capacity. Last week, Nigeria’s Minister Read more
Virtue is the fount where honour springs and Captain Hosa Okunbo, the Chairman of Ocean Marine Solutions Limited, is a man of virtue; it is only understandable that he would command honour. Everywhere he traverses, Okunbo commands the applause of upright men and this is because of his good breeding. Yes, being a virtuous and honourable man always Read more
The management of Ocean Marine Solutions Limited (OMSL) has debunked any knowledge or involvement in the physical attack of the Managing Director of Nigerian Ports Authority (NPA), Ms. Hadiza Bala Usman, at the National Assembly. NPA boss Ms. Hadiza Usman petitioned the President of the Senate, Dr. Ahmad Lawan alleging that she was physically attacked Read more
Fidelity Bank Plc has emerged best in the overall medal tables of the 2019 Nigeria Bankers Games (NBG) after beating UBA at the football competition held in Lagos on Sunday, December 1, 2019. The match, however, lived up to its billing as it had everybody sitting on the edge of their seats. According to a release e-signed by Ejike Ndiulo, Head, Corporate Read more
