The Skyway Aviation handling company Limited (SAHCOL) has commenced a restructuring exercise to refocus the company in line with current realities and make it more prepared to face future projections of surpassing customer’s expectations.
Updated 5 Years ago

Honeywell Flour Mills Plc, a leading player in the flour milling, noodles and pasta industry, has announced major changes in its hierarchy aimed at taking the Company to the next level.
Updated 5 Years ago

As part of mission to deepen its production capacity in Nigeria and to sustain its status as leading global consumer goods company, Procter and Gamble Nigeria (P&G) has completed a $300 million manufacturing plant in Agbara industrial estate, Ado-Ota/Ota Local Government Area of Ogun state.
Updated 5 Years ago

Sean Combs, the hip-hop mogul now known as Diddy, has bid about $200 million for the Fuse cable-TV channel, said three people with knowledge of the situation. Combs, 43, rose to fame as rapper Puff Daddy and has since founded fashion, liquor and media businesses, including the cable-music channel Revolt TV. He would convert Fuse, owned by New York-based Madison Square Garden Co. (MSG), into Revolt TV, which has backing fromComcast Corp. (CMCSA), said the people, who requested anonymity because the talks are private. Combs is one of several Fuse bidders, one of the people said.
Updated 5 Years ago

"Tonight, I'm announcing that we will launch talks on a comprehensive trans-Atlantic trade and investment partnership with the European Union, because trade that is fair and free across the Atlantic supports millions of good-paying American jobs." That was President Barack Obama describing a game-changing free-trade deal between the world's two largest economies in his 2013 State of the Union address. Now, more than a year and three rounds of talks later, the challenges are piling up. This week, negotiators open a fourth round in Brussels—the first formal meeting since December—and there are several disagreements.
Updated 5 Years ago

The disappearance of Malaysian Airlines Flight MH370 was most likely not due to a terrorist attack, the secretary-general of international police agency Interpol said Tuesday. "The more information we get, the more we are inclined to conclude it is not a terrorist incident," Ronald K. Noble told reporters. "The focus of the world right now and of law enforcement … should be on trying to find the plane and hopefully find survivors, as difficult as they might be to believe that might occur, and to helping support the investigation on the ground," he said of the 239 people aboard.
Updated 5 Years ago

Russia showed no signs of yielding in the Crimea standoff as Ukraine bolstered its defenses before its prime minister meets U.S. President Barack Obama tomorrow. In addition to testing its military’s combat readiness, Ukraine may mobilize 20,000 people to protect borders, Interior Minister Arsen Avakov said today. Russia has vowed to defend the ethnic Russians who dominate the Crimean peninsula after an uprising unseated Ukraine’s Moscow-backed leader. It rejects the legitimacy of the new cabinet in Kiev.
Updated 5 Years ago

Life just isn't getting any easier for Bill Gross. Not so long ago known as the untouchable Bond King of the investment world, the Pimco founder now finds himself the subject of intense scrutiny, the most recent being over the enormous salary he receives to run the Newport Beach, Calif.-based firm. Pimco trustee William J. Popejoy believes Gross' reported $200 million annual salary is out of line for someone whose performance has been "mediocre,"
Updated 5 Years ago

Ecobank Transnational Incorporated (ETI) Monday constituted a committee to search for new board members.
Updated 5 Years ago

The Central Bank of Nigeria (CBN) has introduced a framework on the end-to-end electronic payment of salaries, pensions, suppliers and taxes in the country.
Updated 5 Years ago