NNPC fails to remit $4.2bn under Buhari

The Nigerian National Petroleum Corporation (NNPC) withheld 12 percent more money in six months under President Muhammadu Buhari than it did with his predecessor from 2013 to 2014. According to a report by the National Resource Governance Institute (NGRI), an international non-profit policy institute with focus on oil, gas and minerals, NNPC withheld more in the last six […]

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TRANSCORP PLC releases audited FY 2015 consolidated results, rewards shareholders

Transnational Corporation of Nigeria Plc (Transcorp), Nigeria’s foremost investment conglomerate has announced its audited 2015 Financial Results. The Group posted a profit before tax of N3.3bn for the period under review. Transcorp Group Operating Profit went up by 11% from N14bn in 2014 FY to N15bn. Its posted turnover of N40.8bn and profit before tax of N3.3bn in 2015 […]

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GLENDORA & FEDEX RED STAR EXPRESS PARTNER OVER DISTRIBUTION OF HISTORY BOOK

The King’s College Old Boys’ Association Centenary Committee recently signed agreements with Glendora International Limited and FedEx Red Star Express, to distribute copies of the history of King’s College, titled ‘Floreat Collegium 100 Years of King’s College, Lagos’. This contract took place recently in Lagos. The Contract permits Glendora to handle the sales and distribution […]

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Nigeria: 1000 Youths to receive N500m startup grant

Not less than 1000 Nigerians will be beneficiaries of N500Million Naira Grant seed capital set aside for young Nigerian entrepreneurs and students, this year. This was disclosed this week during the launch of the YESGrant Scheme by the Nigerian Young Professionals Forum (NYPF) in partnership with Heritage Bank, which took place in Lagos, Nigeria. The event, […]

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1,000 New Entrepreneurs Join $100m Tony Elumelu Entrepreneurship Programme

The Tony Elumelu Foundation (TEF) announces the selection of 1,000 entrepreneurs for the 2nd round of the Tony Elumelu Entrepreneurship Programme (TEEP). Launched in 2015, TEEP is the largest African philanthropic initiative devoted to entrepreneurship and represents a 10-year, $100 million commitment, to identify and empower 10,000 African entrepreneurs, create a million jobs and add […]

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