Chairman of BUA Group, Abdul Samad Rabiu, says the company has approved a 50 per cent salary increment for staff across board.Rabiu made the disclosure in an internal memo signed on Sunday in Lagos by Mr Mohammed Wali, BUA’s Head of Human Resources. The memo quoted BUA chairman as saying …

The refinery, Africa’s largest with a nameplate capacity of 650,000 barrels per day, was built on a peninsula on the outskirts of the commercial capital Lagos by the continent’s richest man Aliko Dangote. Nigeria has for years relied on expensive imports for nearly all the fuel it consumes but the …

An American court in January asked Airbus Helicopter SAS, the manufacturer of the helicopter in which top Nigerian banker Herbert Wigwe was travelling before a fatal crash, to pay the family of a victim of another crash $75 million. Wigwe was the group CEO of Access Bank, Nigeria’s largest bank …