Category: Business

…Company awarded ‘Nigeria’s Best Terminal Management Company’ Julius Berger Services Nigeria Limited (JBSN) has served as a multipurpose terminal operator at the Warri Port – Terminal C since 2007. A subsidiary of the internationally acclaimed and ever reliable enginerring brand, Julius Berger Nigeria Plc, Julius Berger Services Nigeria, as an experienced terminal operator, offers shipping services for import as well as export of goods to and from Nigeria. JBSN, as the Warri-based port terminal subsidiary of Julius Berger Plc is fondly called by its clients and hosts, follows national and international…

A Federal High Court sitting in Abuja on Wednesday awarded a N703 million damages against the National Universities Commission (NUC) and Zain Nigeria Ltd (now Airtel) for infringing on the copyright of a media company, TV Xtra Production. In his ruling, Justice Inyang Ekwo held that actions of bothe the NUC and Zain, clearly breached the copyright of TV Xtra Production. TV Xtra Production’s CEO, who is also the General Editor, Arise News, Christian Ojorovwu Ogodo, said he designed and registered the quiz programme, ‘University Challenge’ with the National Copyrights…

Access Bank PLC, has revealed its plans to cut staff salaries in order to ensure that no member of its staff looses job as a result of the biting effects of coronavirus (COVID-19) on its operations. This was part of the outcome of the in-house briefing handed down to the staff on Thursday, people with direct knowledge of the matter said. As a lockdown to contain the coronavirus hampers operations, the lender among other measures said the reduction in salaries is expected to start from May unless business conditions improve.…

As Abuja Judge forges International Treaty to Give Zenith Judgement The outcry that greeted the award of $9.6 billion to Process and Industrial Projects Limited {P&ID} against Nigeria may not be the last, as a Nigerian bank, Zenith and a Judge of Federal Capital Territory, Justice Angela .O. Otaluka, sitting in Lugbe, a satellite town of Abuja, have incurred the wrath of an international trade agency through alleged willful, fraudulent and criminal flouting of the treaty on the part of Zenith Bank Plc. If the threat of legal action against…

Voice call and data networks in the villages and towns around Nigerian borders have been down due to lack of diesel to power the base stations there, Airtel Nigeria has said. It also said the insurgents bombed 282 telecom base stations in the North East recently. Daily Trust reports that the Federal Government had stopped fuel tankers from delivering fuel to areas close to the borders. But the telecom companies said the epileptic power supply in the country is affecting their base transceiver stations (BTSs) situated near the borders, noting…