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Category: Economy

Economy Maritime

Ameachi, shipowners bicker over disbursement of $100billion Cabotage fund

Iheanyi Ejiofor December 10, 2017 headline

Funso Olojo There is now a silent war of attrition between the Minister of Transportation, Rotimi Amaechi and the Indigenous Shipping operators over the continued delay in the disbursement of…

Read More Ameachi, shipowners bicker over disbursement of $100billion Cabotage fund
Economy Maritime

Dakuku under pressure after spending N500m on failed IMO elections

Iheanyi Ejiofor December 10, 2017 headline

Funso Olojo The Director-General of Nigerian Maritime Administration and Safety Agency(NIMASA) Dakuku Peterside, is currently under attack by angry stakeholders for leading Nigeria to her fifth consecutive loss in the…

Read More Dakuku under pressure after spending N500m on failed IMO elections
Business Economy

Seven-Up seeks shareholder vote in $61.5m takeover bid

Iheanyi Ejiofor December 8, 2017

Emeka Ejere || Nigeria’s Seven-Up Bottling Company will hold a meeting of shareholders in January to approve a bid by majority investor Affelka to buy out minorities in a 19.33…

Read More Seven-Up seeks shareholder vote in $61.5m takeover bid
Business Economy

Gov. Emmanuel: Fulfilling Electioneering Promises through AKEES- Elder Ebong

Iheanyi Ejiofor December 8, 2017

Tony Okoh ||  For many politicians, making promises is easy but fulfilling such promises have always been a herculean task. The need to walk-the-talk must have informed a professional banker…

Read More Gov. Emmanuel: Fulfilling Electioneering Promises through AKEES- Elder Ebong
Business Economy

How suspended SEC DG, Gwarzo, tried to blackmail me — Adeosun

Iheanyi Ejiofor December 8, 2017 headline

Chidi Samuel || Mrs. Kemi Adeosun, Nigeria’s minister of finance has described as “misleading” and “mischievous” allegations that she ordered the recent suspension of Mounir Gwarzo, the Director-General, Securities, and…

Read More How suspended SEC DG, Gwarzo, tried to blackmail me — Adeosun

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