newsheadlne247.com/AfDB
Africa Business

AfDB signs five-year agreement to use FIDIC standard contracts

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

newsheadline247.com
Business News

Malabu Scandal: Adoke to remain in EFCC detention for 14 more days

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

newsheadline247.com/Jail bound… Unity Bank MD, Tomi Somefun, may be sentenced for breaching court orders
Business News

Jail bound… Unity Bank MD, Tomi Somefun, may be sentenced for breaching court orders

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

newsheadline247.com/Dangote: Apapa-Oshodi road will last for 40 years when completed
Business Press Release

Dangote: Apapa-Oshodi road will last for 40 years when completed

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

newsheadline247.com
Business

Dangote Cement: Makoju Retires after 45 Years in Industry

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

newsheadline247.com/Nigeria profits from Public-Private Investment as Waltersmith Modular Refinery races to meet scheduled deadline
Business

Nigeria profits from Public-Private Investment as Waltersmith Modular Refinery races to meet scheduled deadline

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

newsheadline247.com/Liar! We never sponsored thugs to harass NPA MD – OMSL reacts to Hadiza’s claims
Business Featured

Update: Senate clears OMSL of fraud, irregularities… approves its operations at Lagos ports

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

newsheadline247.com/Liar! We never sponsored thugs to harass NPA MD – OMSL reacts to Hadiza’s claims
Business Featured

Liar! We never sponsored thugs to harass NPA MD – OMSL reacts to Hadiza’s claims

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

newsheadline247.com/Champions! Fidelity Bank emerge winner 2019 Nigeria Bankers Games
Business SPORTS

Champions! Fidelity Bank emerge winner 2019 Nigeria Bankers Games

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