German govt. invests €2m in Nigeria’s rice production

The German government, with support from the Bill and Melinda Gates Foundation, has provided €2m for…

NSC may soon end payment of container deposit

The Nigerian Shippers’ Council may soon end the payment of Container Deposits. Container deposit is a…

Shareholders frown at SEC over Oando

Shareholders this week hit Securities and Exchange Commission (SEC) for punishing Oando Plc. They queried the…

Insurance companies pressurize NAICOM for deadline extension

Matthew Otoijagha Chief executives of insurance companies have held an emergency meeting over some requirements in…

Nine underwriting firms pay N76bn claims to policyholders in 2018

Matthew Otoijagha Nine underwriting companies have paid a cumulative N76 billion claims to policyholders who suffered…

CBN sets to resuscitate textile sector

The Central Bank of Nigeria is partnering the National Cotton Association of Nigeria to engage 100,000…

Economy Assessment: Nigeria’s growth Stays at 2.1% in 2019, World Bank

Growth in Nigeria- the largest economy of Africa, would remain subdued in 2019 at 2.1 per…

Unfriendly Business environment affects manufacturers in Nigeria

The Group Managing Director and Chief Executive Officer of Chemstar Groups Limited, manufacturer of Finecoat and…

FG Needs Swift Actions to Curtail Failure in Nigeria’s import, export procedures- (NCMDCA)

Nigeria’s import, export, regulatory and transit procedures are encumbered by lengthy procedures associated with unnecessary delays,…

Hundreds of jobs created as technology hubs hit 77

Hundreds of jobs have been created with the spread of technology hubs across the country, as…

Shareholders bemoan SEC’s move to ban distribution of gifts at AGMs

The Independent Shareholders Association of Nigeria (ISAN) has faulted the Securities and Exchange Commission (SEC) move…

Stanbic IBTC Appoints New Board Members, Elevates Others

Stanbic IBTC Holdings PLC, a member of Standard Bank Group, has announced a number of Board…

Notore Chemical Gives Notice of AGM

Notore Chemical Industries Plc has announced details of its Annual General Meeting as released in the…

Emefiele Lists Priorities in Second Term

Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele, yesterday emerged from his oath taking, vowing…

Q1’19: e-transactions hit N34tn in Banking Sector

A total volume of 557,083,712 transactions valued at N34.02tn were recorded in Q1 2019 as data…

Excess oil revenue declines by 46% to $7.28 per barrel

THE nation’s excess oil revenue declined by 46.43% from $13.59 per barrel to $7.28 per barrel,…

Consolidated Hallmark assures shareholders of regular dividend

Consolidated Hallmark Insurance Plc has assured its shareholders of regular dividend payment. The Chairman of the…

FG seeks Ecobank’s partnership on special agric fund

President Muhammadu Buhari has sought the collaboration of Ecobank Transnational Incorporated (ETI) to “institute special agricultural…

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