Business articles

Court Orders NAFDAC To Pay N2million For Approving Fanta, Sprite

Court Orders NAFDAC To Pay N2million For Approving Fanta, Sprite

A Lagos State High Court has ordered NAFDAC to pay N2million as fine for approving Sprite and Fanta. A Lagos State High Court has ordered that The National Agency for Food and Drug Administration and Control (NAFDAC) to pay a fine of 2 million naira for approving Sprite and Fanta, products of the Nigeria Bottling

Stanbic IBTC Pension Managers revamps sanitary facilities at Nigerian Prisons Training School Kaduna

Nigeria’s leading Pension Fund Administrator (PFA), Stanbic IBTC Pension Managers Limited, a subsidiary of Stanbic IBTC Holdings PLC, in furtherance of its commitment to corporate social investment (CSI) and environmental sustainability, has commissioned three blocks of sanitary facilities it renovated at the Nigerian Prisons Training School, Kaduna These facilities are expected to uplift the health

Oil Swap Deal: The “conspiracy theory” against Captain ‘Hosa

By Sufuyan Ojeifo These are trying times for many businesses and their owners in Nigeria.  Businesses are crumbling due to economic upheavals. Reputations of businessmen and women, nay government contractors, especially those of them who are not politically correct, are being shredded on account of some alleged malfeasances in recent years. Nevertheless, survival, in this

FG To Stop Fuel Importation In 2019 With New Oil Policy

The Federal Government is set to stop the importation of fuel by 2019 with the approval of a new National Oil Policy by the Federal Exective Council. The Minister of State for Petroleum, Mr Ibe Kachikwu told journalists that the policy is geared towards re-organising the NNPC for greater efficiency and accountability. This is a

Low capacity disrupts Med-View Lagos-London operations

Inadequate capacity in the international operations of Med-View Airlines has been attributed as the cause of disruptions witnessed in its Lagos-London operations in the last five days, leaving scores of passengers stranded in Lagos and United Kingdom (UK). The Guardian learnt that whereas the designated aircraft, a wet-leased Boeing 747 plane was due for C-checks,