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Money

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Egypt Air To Fly Port Harcourt Route

  • Post author:Leadership Newspapers
  • Post published:Jul 22, 2011
  • Post category:Business/News

Egypt Air has disclosed plans to fly to the Port Harcourt International Airport, Omagwa. The airline’s general manager in Nigeria, Mr. Khalid El Rafie, said in an interview that Nigeria was the only country in Africa where Egypt Air stops at thre...

Continue ReadingEgypt Air To Fly Port Harcourt Route

BOI, NOC Partnership: Fresh Stimulus For Nigerian Economy

  • Post author:Leadership Newspapers
  • Post published:Jul 20, 2011
  • Post category:Business/News

On July 11, in the boardroom of the Bank of Industry, a groundbreaking partnership was unveiled to the media. The partnership between the Bank of Industry and the Nigeria Olympic Committee is to exploit all the business opportunities that would be avai...

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84,758 Entrepreneurs Benefit From CBN’s Initiative

  • Post author:Leadership Newspapers
  • Post published:Jul 18, 2011
  • Post category:Business/Finance/News

No fewer than 84,758 entrepreneurs have benefited from the Central Bank of Nigeria (CBN) through the Entrepreneurship Development Centres (EDCs) over the last four years, the CBN governor, Mallam Sanusi Lamido Sanusi, has said. The beneficiaries compri...

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‘Fibre Optic Cable Will Enhance Telecom Services’

  • Post author:Leadership Newspapers
  • Post published:Jul 18, 2011
  • Post category:Business/News

Ahead of the UN Climate Change Conference (COP-17) in Durban, South Africa, participants at the International Telecommunication Union (ITU) Symposium on ICTs and Climate Change in Ghana have renewed calls for global leaders to recognise the power of in...

Continue Reading‘Fibre Optic Cable Will Enhance Telecom Services’

NUBAN: Union Registrar Begins Revalidation Of E-dividend Mandates

  • Post author:Leadership Newspapers
  • Post published:Jul 18, 2011
  • Post category:Business/News

Ahead of full compliance by Nigeria banks with the newly adopted Nigerian Uniform Bank Account Numbering (NUBAN), Union Registrar Limited has commenced revalidation of e-dividend mandates of shareholders in various company registers. The Managing Direc...

Continue ReadingNUBAN: Union Registrar Begins Revalidation Of E-dividend Mandates

Edo Govt Enacts Consumption Tax Law

  • Post author:Leadership Newspapers
  • Post published:Jul 18, 2011
  • Post category:Business/Money/News

Edo State Governor, Comrade Adams Oshiomhole has assented to the Hotels and Events Centres Occupancy and Restaurants Consumption Tax Law recently passed by the House of Assembly. The Law envisages the imposition of a consumption tax on any person who p...

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Union Bank Set To Key Into IFRS

  • Post author:Leadership Newspapers
  • Post published:Jul 18, 2011
  • Post category:Business/Money/News

Union Bank has put in place a strategic plan that would enable it key into the International Financial Reporting Standards (IFRS) ahead of the 2012 deadline set by the Central Bank of Nigeria (CBN). The bank organised a one week workshop on the basics ...

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19 Coys Yet To Submit Financial Report – NAICOM

  • Post author:Leadership Newspapers
  • Post published:Jul 18, 2011
  • Post category:Business/Finance/News

The National Insurance Commission (NAICOM) has disclosed that 19 insurers, including Industrial and General Insurance Plc, Great Nigeria Insurance and Nigerian Reinsurance Corporation were yet to submit their financials for the year ended December 31, ...

Continue Reading19 Coys Yet To Submit Financial Report – NAICOM

Shareholders To Boycott NBC’s Products If Delisted

  • Post author:Leadership Newspapers
  • Post published:Jul 18, 2011
  • Post category:Business/Finance/News

With the planned delisting of Nigerian Bottling Company (NBC), makers of Coca-Cola, Fanta and Sprite from the Nigerian Stock Exchange (NSE), shareholders in the market have said that they would rally Nigerians to boycott the company’s products. T...

Continue ReadingShareholders To Boycott NBC’s Products If Delisted

NSE Sanctions: Strategy To Boost Investors’ Confidence

  • Post author:Leadership Newspapers
  • Post published:Jul 17, 2011
  • Post category:Business/News

Recently, the Nigerian Stock Exchange wielded the big stick and sanctioned 48 erring companies that had violated the post-listing requirements. In this write-up, CHRIS UGWU examines the impact of the suspension on the market Stock markets all over the ...

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Transparency: Sustaining Nigeria’s Compliant Status

  • Post author:Leadership Newspapers
  • Post published:Jul 17, 2011
  • Post category:Business/News

After several attempts to attain ‘compliant status’, an endorsement of Nigeria’s management of revenue from the extractive sector by the global Extractive Industry Transparency Initiative,EITI, the country finally got the nod in Febru...

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FG Should Abrogate Land Use Act – Osita Okoli

  • Post author:Leadership Newspapers
  • Post published:Jul 17, 2011
  • Post category:Business/News

While growing up as a young boy in Anambra State, Osita Emmanuel Okoli got introduced into estate surveying by his elder brother who was then an architect. He has since found love in the profession and today, he is already at the pinnacle of his career...

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Ogun Advised On Internal Revenue Generation

  • Post author:Leadership Newspapers
  • Post published:Jul 16, 2011
  • Post category:Business/Finance/News

Ogun state government has been advised to look inward in areas of boosting the internally generated revenue (IGR) of the state for it to be able to deliver on its electioneering promises. This advise was given by the state chairman of the Scrap Dealers...

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Minister Charges FAAN To Overhaul Operation Or…

  • Post author:Leadership Newspapers
  • Post published:Jul 15, 2011
  • Post category:Business/News

The minister of aviation, Stella Oduah-Ogiemwonyi has charged the Federal Airports Authority of Nigeria (FAAN) to meet the challenges of the 21st century so as to remain competitive or it would go out of business. The minister handed down the challenge...

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Cocoa Processors Demand Regulatory Board

  • Post author:Leadership Newspapers
  • Post published:Jul 14, 2011
  • Post category:Business/News

The nation’s cocoa processors, yesterday said they wantt the government to set up an industry regulator to boost earnings from the crop. “We are asking for the government to set up an agency, an authority to monitor and provide the legal fr...

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