Nairametrics

  • Nigerian Stocks: Daily gainers and losers (15/11/2017)
    Daily performance from the Nigerian Stock Exchange for the trading day ended 15th November 2017. Nigerian stocks closed trading on a negative note as the all share index dropped -0.91%. Market capitalization at the close of trading was N12,673,189,60
    - 2 hours ago 15 Nov 17, 2:42om eftermiddagen -
  • What the partnership between 9Mobile and Bongo is all about
    Telecommunications firm 9Mobile (formerly known as Etisalat Nigeria) and Bango a UK based firm have announced a partnership. 9pay wallet users can now pay for apps on the Google play store without having a debit card or bank account. What is 9Pay ? 9…
    - 3 hours ago 15 Nov 17, 2:00om eftermiddagen -
  • NIGERIA: Daily Parallel Market Exchange Rate (November 15, 2017)
    Parallel market exchange rate between the Naira and three of the world's major currencies.The post NIGERIA: Daily Parallel Market Exchange Rate (November 15, 2017) appeared first on Nairametrics.
    - 4 hours ago 15 Nov 17, 12:40om eftermiddagen -
  • Corporate Stories: The back story behind the UBA & STB Merger
    In this month’s episode, we tell the story of how one of the biggest deals in Nigeria’s corporate history was executed with the heart of a lion. It’s a story of sheer guts, desire, deception, fraud, crony capitalism, rise and fall, tact, brilli
    - 5 hours ago 15 Nov 17, 12:05om eftermiddagen -
  • Nigeria’s inflation rate is falling, but at the slowest rate in years
    The National Bureau of Statistics on Wednesday reported that Nigeria’s inflation rate for the month of October was 15.91% making it the 9th consecutive month the country has recorded a drop in inflation rate. The latest inflation rate data compare
    - 5 hours ago 15 Nov 17, 11:36am -
  • Crowd Funding: The coolest way to get your business idea on the fast track
    In recent times, we at McBrain & Company have had lots of people come to us with lots of cool business ideas and in many cases we have even taken the pride of drawing up some pretty kool business plans and/or proposals for them after hearing most tal
    - 6 hours ago 15 Nov 17, 11:00am -
  • Are people talking behind your back at work? Here’s how to handle them
    Office gossip may seem like harmless tattle telling at first but has the potential to wreck serious damage on a company. There will always be rumor spreaders in every work environment. It only becomes a major issue when it crosses the line from littl
    - 7 hours ago 15 Nov 17, 10:00am -
  • UACN N15 billion rights issue opens today
    In a notice released to the Nigerian Stock Exchange (NSE) today, UACN Plc has announced the opening of its rights issue. 960,432,193 ordinary shares of 50 Kobo each at the offer price of N16 per share on the basis of one (1) new ordinary shares for e
    - 7 hours ago 15 Nov 17, 9:13am -
  • Finally, Nigerian Stock Exchange upgrades website
    The Nigerian Stock Exchange (NSE or Exchange) is pleased to announce that it has upgraded its website, to be mobile friendly with a cleaner layout and navigatio​n befitting of the brand. The upgraded website will enable users to access infor​mati
    - 8 hours ago 15 Nov 17, 9:03am -
  • Nigeria’s Historical Inflation Rate Data (Updated November 2017)
    This data includes inflation rate for every month from January 2003.The post Nigeria’s Historical Inflation Rate Data (Updated November 2017) appeared first on Nairametrics.
    - 8 hours ago 15 Nov 17, 8:50am -
  • Dangote Flour Mills completes sale of Noodles Division to Dufil Prima
    Dangote Flour Mills may have signalled its exit from noodles production, as it has disposed of two production lines located in Ikorodu and Calabar to Dufil Prima Ltd ( which makes Indomie noodles). The deal is valued at N3.7 billion and also includes
    - 8 hours ago 15 Nov 17, 8:28am -
  • Research shows these are the characteristics of failed Startups
    You were so keen on making more money; you started your own small business. You’ve been doing so well but it suddenly seems like out of nowhere your business is on the brink of collapsing and you’re wondering what could have possibly gone wrong.
    - 10 hours ago 15 Nov 17, 7:00am -
  • Coup in Zimbabwe, 93 years old Mugabe under house arrest
    Early Wednesday was heralded by explosions in Zimbabwean capital Harare as soldiers and several armored cars were seen in the city depicting a split between the military and the president, President Robert Mugabe. Constantine Chinwenga the armed forc
    - 10 hours ago 15 Nov 17, 6:54am -
  • These banks have spent N19.5 billion on business travel this year
    Nigeria’s tier one banks christened by Nairametrics as FUGAZ (FBN Holdings, UBA Plc, GT Bank, Access Bank and Zenith Bank ) have spent a total of N19.5 billion as travel expenses for the 9 month period ended September 2017. The banks had spent N14.
    - 14 hours ago 15 Nov 17, 2:57am -
  • Ladies, consider yourself a fashion disaster if you dress like this to work
    Most times, it is almost always the ladies who get the blame for fashion chaos at the workplace. And I guess when men under dress albeit shabbily, it could be overlooked. Not so for women though and for now, its the society we live in. Så, what to
    - 17 hours ago 14 Nov 17, 11:22om eftermiddagen -
  • Nigerian banks set the pace in Ghana’s banking sector
    The Ghana Deputy Minister of Trade and Investment Hon. Carlos Kingsley Ahenkorah rained appraisals in Lagos on the innovations Nigerian banks have brought to the banking sector in Ghana. He said in Lagos that the innovation and transformation of the
    - 17 hours ago 14 Nov 17, 11:20om eftermiddagen -
  • Q&A: How much govt. spends on maintaining National Arts Theatre monthly
    Question: How much does government spend on National Art Theatre in the last one year Nigeria? Answer: According to this report, the government’s overhead expenses on the National Art Theatre within the last one year (although not regular) is N18
    - 17 hours ago 14 Nov 17, 11:20om eftermiddagen -
  • Here is a run down of the biggest buyers of Nigerian crude
    Nigeria may be in for good times as crude oil exports to Portugal and India have resumed. Portugal , which last imported crude oil from Nigeria in November last year, imported 948,000 barrels of crude according to oil destination data for the month o
    - 17 hours ago 14 Nov 17, 11:15om eftermiddagen -
  • 10 facts you probably don’t know about bitcoin
    Bitcoins have been generating a buzz over the past few years; smashing records and reaching all time price highs. However, opinion worldwide as to the cryptocurrency’s level of acceptability is still divided. Bitcoin was created to provide an alt
    - 18 hours ago 14 Nov 17, 11:04om eftermiddagen -
  • Nigerian Stocks: Daily gainers and losers (14/11/2017)
    Daily performance from the Nigerian Stock Exchange for the trading day ended 14th November 2017. Nigerian stocks closed trading on a negative note as the all share index dropped -0.96%. Market capitalization at the close of trading was N12,789,465,34
    - 1 day ago 14 Nov 17, 3:31om eftermiddagen -
  • Chart: Maximum vs Prime Lending Rates in Nigeria
    Prime and Maximum Lending rates are considered the two major types of lending rates in the Nigerian financial sector. Prime lending rate refers to the average prevailing lending rate charged by most deposit money banks in Nigeria to some of its more
    - 1 day ago 14 Nov 17, 1:50om eftermiddagen -
  • Product Review: Lenovo vs Dell vs HP Computers in Nigeria
    When it comes to choosing what computer brand to use, it might be a tough decision considering factors such as, your pocket size and what you intend to use the computer for. Over the years in Nigeria the mostly used brands have been HP and Dell recen
    - 1 day ago 14 Nov 17, 1:49om eftermiddagen -
  • What it cost to start a Bee Farming business in Nigeria
    To start the Business of Bee-Keeping? How Profitable is Bee-Keeping Business? How much capital do I need to start this business? This article seeks to bring to the fore Tips for starting and make additional Income from Bee- Keeping Business. Honey
    - 1 day ago 14 Nov 17, 12:55om eftermiddagen -
  • These founders have now joined the Tech Billionaires Club
    Over the years, we have heard about billionaires like Bill Gates, Mark Zuckerberg, Jeff Bezos, Elon Musk and many others. We know about their creations, investments, and we have learnt about their success strategies in articles, videos and even aud
    - 1 day ago 14 Nov 17, 12:01om eftermiddagen -
  • Nigeria’s neighbours pay $68 million to settle power bills
    Minister of Power, Works and Housing Babatunde Fashola has announced that the Republics of Benin and Niger have paid an additional sum of $68 million to defray debts owed for power supplied by Nigeria. Fashola gave the information during the monthly
    - 1 day ago 14 Nov 17, 10:59am -
  • Use these tips if your want to set goals for your Startup
    The best step towards remarkable success in business is setting goals. The major problem people face is the challenge of setting unrealistic and illogical goals. People tend to over-stretch their capabilities. While it’s positively challenging to p
    - 1 day ago 14 Nov 17, 10:42am -
  • Q&A: Number of insurance companies currently making moves to raise capital from NSE
    Question: How many insurance companies are currently making move to raise capital from Nigerian Stock Exchange (NSE)? Answer: According to reports, there are 6 insurance companies currently making move to raise capital from NSE. Here is a breakdown W
    - 1 day ago 14 Nov 17, 10:16am -
  • Another board room player: Tunde Hassan-Odukale
    He may not be well popular as his father Sir Hassan Odukale the founder of Leadway Assurance, the activities of Mr Tunde has not gone unnoticed. Born into the Odukale family, he was raised and groomed by his father to take over the family business of
    - 1 day ago 14 Nov 17, 10:00am -
  • DIL sells Dangote Cement shares in N27 billion deal
    Dangote Industries Limited (DIL) has sold an additional stake in Dangote Cement to investors based in Dubai. 128.7 million shares were sold at a price of N210 per share with an estimated value of N27 billion. DIL is the investment vehicle through whi
    - 1 day ago 14 Nov 17, 8:01am -
  • Diary of a working mother: Of multiple income streams and the paradise of a gangster
    It has been a truly exciting and somewhat light last week for me considering that most weeks are usually busy. The bulk of the excitement can definitely be traced to the unveil of the Diary of a working mother series (Please find the first installati
    - 1 day ago 14 Nov 17, 7:41am -

BusinessDay

    Channelstv » Business

    • Nigeria’s Inflation Rate Falls For Ninth Consecutive Time
      For the ninth consecutive time, Nigeria’s inflation rate measured by Consumer Price Index (CPI) has eased further. The National Bureau of Statistics (NBS) in its “CPI October 2017 Report’’ released on Wednesday, November 15 in Abuja says Nige
      - 2 hours ago 15 Nov 17, 3:10om eftermiddagen -
    • President Buhari To Open World Aviation Forum
      President Muhammadu Buhari is expected to attend the opening ceremony of the World Aviation Forum, and flag off the event. This was contained in a statement issued Wednesday by the Deputy Director of Press and Public Affairs, Federal Ministry of Avia
      - 4 hours ago 15 Nov 17, 12:27om eftermiddagen -
    • Global Entrepreneurship Week: John Momoh Advises Youths To Be Purpose-Driven
      Leveraging Nigeria’s massive youth population through enterprise development in innovation and technology took centre stage on Tuesday at the Global Entrepreneurship Week. The Lagos Business School Enterprise Development Centre assembled a crop of
      - 20 hours ago 14 Nov 17, 8:54om eftermiddagen -
    • Chinese Govt Donates Over N2bn To Rebuild North East
      The Chinese Government has promised to commit 50million Chinese Rin an equivalent of N2.5 bn as its contribution to the development of the North East. The Chinese Ambassador to Nigeria Dr. Zhou Pingjian revealed this in Damaturu the Yobe state capita
      - 22 hours ago 14 Nov 17, 6:28om eftermiddagen -
    • Police Seize 28 Million Euros Fake Banknotes In Italy
      Italian police announced Monday the arrest of 13 suspected counterfeiters and the seizure of more than 900,000 high-quality fake banknotes with a value of more than 28 million euros. “During the investigation three underground printworks, including
      - 2 days ago 13 Nov 17, 7:02om eftermiddagen -
    • Abuja Airport Gets NCAA Certification‎
      The‎ Nigerian Civil Aviation Authority (NCAA) has given the certificate of aerodrome certification to Nnamdi Azikwe International Airport, Abuja. NCAA on Friday, November 10 presented the certificate to the Federal Airports Authority of Nigeria (F
      - 5 days ago 10 Nov 17, 4:47om eftermiddagen -
    • Ondo Govt To Create Baseline For Economic Development
      Ondo State government says it is ready to create a baseline study aimed at achieving the desired goals of economic development of the state. This was according to the Commissioner for Budget and Planning, Mr Emmanuel Igbasan, who spoke at a gatherin
      - 5 days ago 10 Nov 17, 5:25am -
    • FG Disagrees With Moody’s Debt Rating Of Nigeria
      Nigeria’s Ministry of Finance, the Central Bank and the Debt Management Office are disagreeing with Moody’s downgrade of the country’s debt rating from B1 to a B2 stable rating. The government agencies say Nigeria emerged from a protracted rece
      - 6 days ago 9 Nov 17, 12:09om eftermiddagen -
    • There’s Absolutely Nothing To Consolidate In Budget – Onyekpere
      The Executive Director, Centre for Social Justice, Mr Eze Onyekpere, has said that there is nothing to consolidate in the 2018 budget “I have not seen anything positive in terms of what has been achieved in the past two years through the budgeting
      - 7 days ago 8 Nov 17, 8:47om eftermiddagen -
    • Osinbajo Receives World Bank Report On Doing Business
      The World Bank Country Director, Rachid Benmessaoud, has presented the report on the ease of doing business ranking to the Vice President, Yemi Osinbajo. He urged the Presidential Enabling Business Environment Council (PEBEC) to sustain the momentum.
      - 7 days ago 8 Nov 17, 4:44om eftermiddagen -

    Premium Times » Business

    Punch » Business

      Vanguard » Business

      • Zowasel Promises Unbeatable Black Friday Discounts
        Zowasel, Nigeria’s fastest growing social-commerce market place has assured Nigerians of the biggest exclusive discounts in its Black Friday offer in the month of November.The post Zowasel Promises Unbeatable Black Friday Discounts appeared first
        - 2 hours ago 15 Nov 17, 2:37om eftermiddagen -
      • FG orders repatriation of imported genetically modified maize
        Abuja - The National Biosafety Management Agency (NBMA) says it has, in conjunction with the Nigerian Customs Service, ordered that the genetically modified (GM) maize consignment illegally imported into Nigeria be sent back.The post FG orders repat
        - 10 hours ago 15 Nov 17, 6:42am -
      • 13 countries shun Nigeria’s crude
        Thirteen countries may have shunned Nigeria’s crude oil as data obtained from the Nigerian National Petroleum Corporation, NNPC, shows they have not purchased the product since 2016.The post 13 countries shun Nigeria’s crude appeared first on Va
        - 11 hours ago 15 Nov 17, 5:47am -
      • Innovation: Experts seek infrastructure, incentives at Alaghodaro Summit
        Experts in Information and Communication Technology (ICT), welding and fabrication and other allied sectors have urged Nigerian policymakers to create the enabling environment, support infrastructure and incentives for young innovative Nigerians to e
        - 11 hours ago 15 Nov 17, 5:39am -
      • Indomie buys Dangote plants in Ikorodu, Calabar for N3.75bn
        Dangote Noodles Limited, a unit of Nigerian company Dangote Flour Mills, has sold two production lines in Ikorodu and Calabar, to rival pasta maker De United Foods Industries, maker of Indomie Noodles.The post Indomie buys Dangote plants in Ikorodu
        - 11 hours ago 15 Nov 17, 5:33am -
      • Pasta market: Battle for supremacy heightens
        Manufacturers’ of Pasta are now positioning their products by paying attention to product repackaging andavailability. Pasta are made from an unleavened dough of a durum wheat flour.The post Pasta market: Battle for supremacy heightens
        - 15 hours ago 15 Nov 17, 2:07am -
      • Shoprite fetes winners of anniversary promo
        In a bid to fulfill its promises, Shoprite Nigeria says its celebrating the 22 winners of its brand new Hyundai Grand Xcent cars at a celebration party in Lagos.The post Shoprite fetes winners of anniversary promo appeared first on Vanguard News.
        - 15 hours ago 15 Nov 17, 1:18am -
      • IDL rewards distributors’ performance
        Intercontinental Distillers Limited, makers of Chelsea Dry Gin, has rewarded its distributors for the current financial year ending October 2017.The post IDL rewards distributors’ performance appeared first on Vanguard News.
        - 16 hours ago 15 Nov 17, 1:07am -
      • Naira depreciates to N360.27 in NAFEX
        The naira, yesterday, depreciated to N360.27 in the Investor and Exporter (I&E) Foreign Exchange, forex Window.The post Naira depreciates to N360.27 in NAFEX appeared first on Vanguard News.
        - 17 hours ago 14 Nov 17, 11:52om eftermiddagen -
      • Master mariners displeased with the future of 6,000 cadets
        NIGERIAN Associa-tion Master Mariners, NAMM, have expressed misgivings over the future of over 6,000 cadets trained by the Nigerian Maritime Administration and Safety Agency, NIMASA, through its National Sea-farers Development Programme, NSDP.The po
        - 17 hours ago 14 Nov 17, 11:19om eftermiddagen -
      • NISER wants FG to seek strategic relationship with WTO
        The Nigerian Institute of Social and Economic Research (NISER), Ibadan, yesterday urged the Federal Government to be more strategic in its relationship with the World Trade Organisation (WTO).The post NISER wants FG to seek strategic relationship wi
        - 17 hours ago 14 Nov 17, 11:19om eftermiddagen -
      • I & E forex window attracts $17.86bn transaction value in 6 months
        The Investors & Exporter, I &E Foreign Exchange, FX Window has attracted $17.86 billion transactions value since April this year when it was introduced, according to data from the FMDQ OTC Securities Exchange Plc.The post I & E forex window attracts
        - 17 hours ago 14 Nov 17, 11:19om eftermiddagen -
      • Natures Gentle Touch Leads Walk against Domestic Violence
        As part of its efforts to raise awareness and sensitize the general public on the ills of domestic violence, the leading indigenous haircare brand, Natures Gentle Touch, recently led an awareness walk against domestic violence in Lagos.The post Natu
        - 18 hours ago 14 Nov 17, 11:09om eftermiddagen -
      • 21 years after, Euro Global relaunches maltonic, rewards partners
        Six years after it disappeared from the market, Maltonic, the iconic malt brand, which was first introduced in Nigeria in 1986, has been relaunched.The post 21 years after, Euro Global relaunches maltonic, rewards partners appeared first on Vanguard
        - 22 hours ago 14 Nov 17, 6:23om eftermiddagen -
      • Nestle tops losers’ table, drags NSE indices down by 0.96%
        Major highly capitalised stocks posted huge price losses on the Nigerian Stock Exchange (NSE) on Tuesday with Nestle topping the losers’ chart.The post Nestle tops losers’ table, drags NSE indices down by 0.96% optrådte først på Vanguard News.
        - 24 hours ago 14 Nov 17, 4:58om eftermiddagen -
      • Senate approves $5.5bn FG to finance 2017 budget, refinance foreign debts
        THE Senate has approved an External loan of $5.5 billion to enable the Federal government finance the 2017 budget and refinance the foreign debts. The post Senate approves $5.5bn FG to finance 2017 budget, refinance foreign debts appeared first on
        - 1 day ago 14 Nov 17, 12:07om eftermiddagen -
      • FG signs $5.792bn contract for 3,050MW Mambilla power project
        THE Federal government has described the 3,050megawatts hydro power project worth over $5.792 billion (about N2.096 trillion) in Taraba State as a new dawn in the nation's power diversity and energy needs.The post FG signs $5.792bn contract for 3,05
        - 1 day ago 14 Nov 17, 10:02am -
      • Hope rises for local content as ExxonMobil, NCDMB provide $975m, N61.18bn
        There are indications that local content would be enhanced in Nigeria’s oil and gas industry as ExxonMobil and the Nigerian Content Development and Monitoring Board (NCDMB) have provided $975 million and N61.18 billion respectively to support indig
        - 1 day ago 14 Nov 17, 9:02am -
      • NNPC vows to avoid scarcity of petroleum products
        THE Nigerian National Petroleum Corporation (NNPC), has said it will continue to make petroleum products available in every part of the country to avoid scarcity and save Nigerians from unwarranted suffering.The post NNPC vows to avoid scarcity of p
        - 1 day ago 14 Nov 17, 7:22am -
      • Restrictions on 41 items crash imports bill to $1.9bn — CBN
        Central Bank of Nigeria (CBN) has said that the implementation of its policy on 41 items has led to the considerable decline in Nigeria’s import bills, from an average of about $5.5 billion to $2.1 billion in 2016 og $1.9 billion by half year 2017
        - 1 day ago 14 Nov 17, 5:16am -

      Sahara Reporters » Business

      Leadership NG » Business

      • newWhy Stakeholders Insist Genetically Modified Foods Are Unsafe
        As the call for the promotion or rejection of genetically modified organisms (GMOs) rents the air, RUTH TENE NATSA captures the views of stakeholders on the raging debate. Experts have defined genetically modified organism (GMOs) as a laboratory proc
        - 1 min ago 15 Nov 17, 4:41om eftermiddagen -
      • newRussia 2018: Nigeria A Strong Contender For World Cup- Sports Minister
        By Jonathan Nda- Isaiah, Abuja Minister of Sports,Solomon Dalung has boasted that Nigeria’s outing at next year’s World Cup in Russia would witness a spectacular performance, different from previous ones. He said now that the Super Eagles quali
        - 6 mins ago 15 Nov 17, 4:36om eftermiddagen -
      • newNiMet Gets Research Grant From United Kingdom
        By Ejike Ejike, Abuja The Nigerian Meteorological Agency (NiMet), has earned a research grant from the United Kingdom Global Challenges Research Fund (GCRF) to African Science for Weather Information and Forecasting Techniques (SWIFT). The research,…
        - 8 mins ago 15 Nov 17, 4:34om eftermiddagen -
      • newPhotos Federal Executive Council meeting
        FEC 1: R-L: Vice President Prof. Yemi Osinbajo; National Security Adviser Major- Gen. Babagana Monguno; Secretary to the Government of Federation (SGF), Boss Mustapha, and Former Acting Secretary to Government of Federation (SGF), Habibat Lawal, duri
        - 8 mins ago 15 Nov 17, 4:34om eftermiddagen -
      • newNAPTIP DG Raises Concern Over Rising Cases of Illegal Human Organ Harvest
        By Ruth Tene Natsa, Abuja As Nigerians rise to the awareness of human organ harvesting, the National Agency for The Prohibition of Trafficking in Persons (NAPTIP) has cried out against the increasing trend which is fast becoming a booming business on
        - 16 mins ago 15 Nov 17, 4:26om eftermiddagen -
      • newFederal High Court, Lagos’ Facilities Unacceptable, Shameful – Reps
        BY OLUGBENGA SOYELE, Lagos The chairman of House of Representatives’ Committee on Federal Judiciary, Hon. Aminu Shagari has described the state of the facilities of Federal High Court in Lagos as unacceptable and shameful. Shagari, who led other me
        - 16 mins ago 15 Nov 17, 4:26om eftermiddagen -
      • newSolid Minerals Web Portal ‘ll Aid Monitoring, Accountability-WIM
        By Ruth Tene Natsa, Abuja A professional Pressure Group, Women in Mining (WIM), has lauded the Ministry of Mines and Steel Development, for setting up the Integrated Automated and Interactive Solid Minerals Portal, saying its deployment would acceler
        - 22 mins ago 15 Nov 17, 4:20om eftermiddagen -
      • newObiano: Senate Directs IG To Restore Gov’s Security Aides
        BY SOLOMON AYADO and AHURAKA ISAH, Abuja Senate has ordered the Inspector General of Police, IGP Ibrahim Idris to without any delay, restore the security aides of Abia state Governor, Willie Obiano. Recall that on Tuesday, the IGP withdrew security a
        - 26 mins ago 15 Nov 17, 4:16om eftermiddagen -
      • newReconsider Plans To Sack Workers-Christian Leaders Urges el-Rufai
        BY MIDAT JOSEPH, Kaduna The Southern Kaduna Christian Leaders Association (SKCLA) has asked Governor Nasir el-Rufai to jettison plan sacking of workers in the interest of humanity. The association who made the plea while briefing Journalists in Kafan
        - 31 mins ago 15 Nov 17, 4:11om eftermiddagen -

      ThisDay » Business

        The Nation » Business

        • Dangote sells noodles plants to De United for $12.26m
          A unit of Dangote Flour Mills, Dangote Noodles Limited, has sold two production lines to rival pasta maker, De United Foods Industries, for N3.75bn ($12.26m), the company said on yesterday. De United said it had signed an agreement with the firm to
          - 7 hours ago 15 Nov 17, 9:49am -
        • DMO: Nigeria’s debts hit N20tr
          • Senate okays $5.5b loan request Data made available by the Debt Management Office (DMO) yesterday showed that Nigeria’s debt stock has hit N20 trillion—as at September 30. Domestic debt accounts for 76.96 per cent of this figure while foreign
          - 18 hours ago 14 Nov 17, 11:02om eftermiddagen -
        • Oando JV boosts agric in Niger Delta
          Oando and its Joint Venture (JV) partners – the Nigerian National Petroleum Corporation (NNPC) and Nigeria Agip Oil Company (NAOC), have given a boost to agriculture through training and giving assistance to farmers leading to greater awareness on
          - 18 hours ago 14 Nov 17, 11:01om eftermiddagen -
        • 75% of world’s poorest countries in Africa, says BoI chief
          The Managing Director, Bank of Industry (BoI), Olukayode Pitan, said 75 per cent of the world’s poorest countries are in Africa, adding that by 2030, it is estimated that 90 per cent of the world’s destitute children would be living on the contin
          - 18 hours ago 14 Nov 17, 11:01om eftermiddagen -
        • Warmer weather, others threaten oil market
          Global oil demand growth looks likely to increase more slowly over the coming months, as warmer temperatures cut consumption. This may tilt the market back into surplus in the first half of next year, the International Energy Agency (IEA) said yester
          - 18 hours ago 14 Nov 17, 11:01om eftermiddagen -
        • Dutch textile firm mulls investment in Nigeria
          ADutch textile and design company, Vlisco Group yesterday held a high-level discussion with the Minister of Finance, fru. Kemi Adeosun, over its proposed investment in the Nigerian cotton textile industry. The Chief Executive Officer of Vlisco Group,…
          - 18 hours ago 14 Nov 17, 11:01om eftermiddagen -
        • Stanbic IBTC Pension pays N279b to retirees
          The 2017 half year result of Stanbic IBTC Pension Managers Limited has shown a payment of over N279 billion to retirees since its inception in 2006, Chief Executive, Stanbic IBTC Pension Managers Limited, Eric Fajemisin has said. He made this known i
          - 18 hours ago 14 Nov 17, 11:00om eftermiddagen -
        • Cybercrime ‘threatens financial sector’
          The President, Chairman of Council, Chartered Institute of Bankers of Nigeria (CIBN), Segun Ajibola has described cybercrime is assuming a threatening dimension in the financial services sector. Speaking at the 2017 Bankers’ Dinner held in Lagos, h
          - 18 hours ago 14 Nov 17, 11:00om eftermiddagen -
        • Ajaokuta Steel investor debunks minister’s dispute resolution claim
          A director of Global Steel Holdings Limited (GSHL), Dr. S. O. Nwanbuokei, an engineer, has debunked a claim by Minister of Mines and Steel Development Dr Kayode Fayemi that the protracted litigation surrounding Ajaokuta Steel has been resolved. In hi
          - 18 hours ago 14 Nov 17, 11:00om eftermiddagen -
        • Experts express mixed feelings on 2018 budget
          Finance and economic experts have expressed mixed feelings on the 2018 budget, citing the structure of the budget and poor history of budget approval and implementation. Director-General, Lagos Chamber of Commerce and Industry (LCCI), Mr. Muda Yuss
          - 18 hours ago 14 Nov 17, 11:00om eftermiddagen -