wempco news
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Business WEMPCO denies plan to exit Nigeria – The Guardian Nigeria News
The Western Metal Products Company (WEMPCO) has refuted media reports that it is planning to end its business operations in Nigeria. In a statement yesterday, WEMPCO said that despite the challenging business environment, it was … Read more via The Guardian Nigeria News – Nigeria and World...- Nigeria Business News
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Business In Nigeria, 250,000 jobs and 19 firms hit by WEMPCO exit | The Africa Report.com
WEMPCO, a steel value-chain group and the majority shareholder in the popular Oriental Hotel in Lagos, is planning to sell the hotel at N94bn ($250m) and exit Africa’s biggest economy after four decades of operation and an accumulated debt of over N90bn. .... Read more via The Africa...- Nigeria Business News
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Business Massive job losses loom as WEMPCO Group preps for exit – Nairametrics
Several crises reportedly facing the Western Metal Products Company (WEMPCO) may further worsen the unemployment challenges in the country as about 250,000 jobs are currently being threatened. Earlier, it was reported that the popular Oriental Hotel in Lagos, owned by WEMPCO Group, is planning...- Nigeria Business News
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Business Why WEMPCO Group seeks to offload Oriental Hotel – Businessday NG
A major debt burden is weighing heavily on Western Metal Products Company Limited (WEMPCO) Group as it plans to sell its flagship five-star Oriental Hotel, BusinessDay has learnt. According to a document seen by BusinessDay on Tuesday, owners of the Luxury Oriental Hotel, situated in-between...- Nigeria Business News
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Business WEMPCO workers protest non-payment of salaries – Punch Nigeria Newspapers
Oluwatosin Omojuyigbe Scores of casual workers at the Western Metal Products Company … Read more via Punch Newspapers – https://ift.tt/2NAplS9 Get more: Nigeria Business News- curator
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