In a bid to restore stability and liquidity in the nation’s equity market, a market analyst has called on the Nigerian Stock Exchange to lobby the federal government to push for mandatory listing of major government owned enterprises in the ...
Trustfund Pension, one of the leading Pension Fund Administrators (PFAs) at the weekend declared profit after tax of N215 million for the year ended December 31, 2010, compared to N307 million in 2009. Speaking at the Annual General M...
All government agencies still foot-dragging after being ordered by a recent presidential directive to quit the nation’s ports and related border points, over the weekend, got final marching orders to comply within seven days. The Minister o...
Vegefresh Company Limited, a wholly indigenous farm facility development and management company and the National Institute of Horticultural Research (NIHORT) at the weekend entered into a memorandum of understanding aimed at boosting tomato production ...
Determined to reposition the state as one of the country’s commercial hubs, the Rivers state Government in conjunction with frontline industrialists have concluded plans to hold an investor’s forum that would restore investor’s confid...
To cater for the special needs of women folk, the pan-African banking and financial services group, United Bank for Africa (UBA), has unveiled a gender specific personal current account product, specially designed and targeted at discerning women. The ...
The Central Bank of Nigeria (CBN) will on Wednesday withdraw N132.06 billion from the system through the sale of treasury bills in 91, 182- and 364-day treasury bills at its regular debt auction. The regulator said it will sell N39.27 billion in 91-day...
Barely twenty-four hours to the Eid-ul Kabir celebrations, hundreds of customers of Union Bank of Nigeria Plc., Panseke branch in Abeokuta, the Ogun state capital yesterday received the shock of their lives as they were locked out of the bank’s s...
To consolidate its leadership position in the bagging sector of the manufacturing industry, the Dangote Agro Sacks Limited, a subsidiary of Dangote Group, has embarked on aggressive expansion by adding to its production lines to hit production of 51 mi...
Following the collapse of a six-story building in Maryland , Lagos, the Building Collapse Prevention Guild (BCPG) has called on the State government to begin enforcement of compulsory building insurance immediately.The body also urged the Lagos State g...
ouse of Representatives member and Chairman, House Committee on Environment, Mrs. Uche Ekwunife, has challenged the National Environmental Standards and Regulations Enforcement Agency(NESREA) to come up with creative strategies to make both...
Minister of Power, Prof. Bart Nnaji, yesterday issued “a second and final warning” to the management of the Power Holding Company of Nigeria (PHCN) and its 18 successor companies to pay their workers the enhanced salary package negotiated b...
It was mixed outcome for the naira yesterday as it appreciated at the interbank market and weakened at the official window after the Central Bank of Nigeria (CBN) failed to meet demand.At the bi-weekly wholesale Dutch Auction, only $180 million was sup...
The Managing Director of Peugeot Automobile Nigeria Plc (PAN), Alhaji Shehu Sani Dauda yesterday unveiled the latest Peugeot 508 Saloon at their Corperate Office, Mabushi, Abuja.At the unveiling of the 508, Alhaji Shehu Sani Dauda said: “the car ...
The private sector under the aegis of the Nigerian Economic Summit Group has pushed for the return of 24-hour operations at Nigerian ports. Chairman of the NESG, Folusho Phillips, who disclosed this, said it was the only way to clear congestion at the ...