By Amechi Obiakpu The Ghanaian government has launched a National Corporate Social Responsibility (CSR) Policy to encourage and promote the contribution of firms to the socio-economic development of the country. The policy according to a report by a Ghanaian news portal, B&FT online, is expected to yield positive and sustainable impacts towards the achievement of […]
By Amechi Obiakpu Engr. Srinivas Jayaraman has been appointed the Acting Managing Director/Chief Operating Officer, Enugu Electricity Distribution Company (EEDC). The company said the appointment is as a result of a comprehensive organizational restructure it recently embarked on aimed at realigning its strategies, direction and priorities to more readily achieve its target ATC&C loss reduction, […]
Despite the country’s raging economic downturn precipitated by the free-fall in global oil prices, Fidelity Bank Plc, one of the country’s highly diversified financial institutions recorded gross earnings of N110.3 billion in its unaudited financial results for nine months ended September 30, 2016. The bank’s gross earnings rose to N110.3 billion from N107 billion, representing […]
The Minister of Industry, Trade and Investment, Okey Enelamah, has reiterated government’s commitment to ending the current economic recession. He said this can be possible through strategic policies such as robust partnership between government and the private sector, support to Micro, Small and Medium Enterprises (MSMEs), as well as intervening in high potential sectors including […]
Arik Air on Monday celebrated its 10th anniversary with the addition of a new Bombardier CRJ-900 aircraft to its fleet. The airline’s Managing Director, Mr Chris Ndulue, told newsmen in Lagos that the addition was part of plans of Arik to increase its fleet to 52 by 2025. Ndulue said the new aircraft was rolled […]
Nigeria has set January 2017 timeline for the development of an actionable roadmap to unveil the real owners of extractive companies in the country by 2020. The plan is in line with a mandate of the Extractive Industries Transparency Initiative (EITI). The Minister of Solid Minerals, Dr. Kayode Fayemi, says anonymous companies have been used […]