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 …

The board of Access Holdings Plc said an acting Group Chief Executive Officer will be announced soon to replace its late CEO, Herbert Wigwe.The company, in a statement signed by the Group Company Secretary, Sunday Ekwochi on Sunday, confirmed Wigwe’s death, as well as his wife and son in an …

Shell Nigeria Gas (SNG) Limited has indicated interest in collaborating with the Oil and Gas Free Zones Authority (OGFZA) for the supply of gas.  The collaboration comes as SNG begins to diversify into offshore activities and gas distribution. The move for a collaboration was announced at a business meeting between …

The Oil and Gas Free Zones Authority is making visible efforts to attract investors in the special economic zones it oversees to boost investment in the country.It held a joint business meeting with a delegation of prominent investors in the oil and gas free zones this Thursday in Abuja.OGFZA managing …

The Registrar-General Of Corporate Affairs Commission,Hussaini Ishaq Magaji, SAN, has revealed that the implementation of the provisions of Companies and Allied Matters Act(2020)has started to yield fruits for the nation’s economy.Hussaini Magaji, SAN, said this when he led the management of Moniepoint Microfinance on a visit to the Hon. Minister, …

A professor of Huazhong Agricultural University in the central China city of Wuhan has been fired over academic misconduct, with 10 of his published papers found to contain plagiarism and fabricated data, the university announced on Tuesday 6 February, writes Yang Yiting for Shine. A statement issued by the university revealed …

To stem the tide of rising cost of food in the country,President Tinubu has given his approval for the prompt release of 102,000 metric tonnes of rice and maize from the National Food Reserves .The Minister of Information and National Orientation, Alhaji Mohammed Idris, disclosed the information with journalists at …