Browsing: Business

Also, the NSE market indices appreciated further by 0.21 per cent with the All-Share Index improving by 57.43 points to close at 27,294.21 compared with 27,236.78 posted on Thursday

The naira, however, weakened against the dollar at the parallel market, nullifying the N5 it gained on Thursday to exchange at N470 to a dollar

It is also aimed at increasing the levels of financial literacy while boosting the financial inclusion drive of the CBN in terms of number of people that have banking relationship with financial institutions

He said: “More so, why has the academy failed to pay N2.2 billion owed to contractors when its report shows that there is about N3 billion available in its coffers to pay the contractors?

However, further details were to be clarified in preparation for the decisive meeting of OPEC oil ministers at the end of November

Shittu disclosed that the process for the licensing of broadband services on the 5.4 GHz spectrum bank and allocation of 70/80 GHz band (E-Band) had commenced

The Group Managing Director of the NNPC, Dr. Maikanti Baru, said this on Friday in Abuja at the 2016 Fiscal Liquidity Assessment Committee Retreat

Adeosun stated this in Lagos at the launch of “FirstGem” , a product of First Bank of Nigeria Limited, aimed at empowering women through wealth creation

The bank’s Head, Media Relations, Abdul Imoyo, said the figure indicated an increase of 19 per cent when compared with a profit before tax of N60.4 billion achieved in 2015

Maiunguwa told the News Agency of Nigeria in Dutse on Friday that there had never been high expectations and hope of good harvest for a long time as this year

Nwachukwu said the objectives of the conference included to start a 50-year visioning for Ndigbo, captured in short term, mid-term and long term strategic perspectives.

Usman further said: “We need to appreciate where we find ourselves today and take immediate decisions.”
On midstream discharge, she said that the management “is looking at safe anchorage”.

The launch of the FirstGem Solution on Friday in Lagos was hosted by Ibukun Awosika, the Chairman of the Board of Directors, First Bank of Nigeria Limited, and had in attendance the wife of the Vice President, Dolapo Osinbajo, as Special Guest of Honour and Kemi Adeosun, the Hon Minister of Finance, as the keynote Speaker

The statement said Ambode met with the group’s representatives, Morten Engelstoft, Chief Executive Officer designate of APM Terminals in Copenhagen, Denmark, alongside the Chairman, APM Terminal, Apapa, Chief Ernest Shonekan

He added that the platform, which can be accessed via an app and on the web, empowers Etisalat customers with a vast bouquet of features and functions, which allows them to manage all their Etisalat services without the need to remember, text or dial codes

He also explained that although there are many cooperative societies, Niche, like the name, has carved a niche for itself and as such it has the cutting edge over others

“The quick fixes to the economic crisis include fiscal stimulus to resuscitate domestic production and qualitative public sector spending to stimulate aggregate demand

The Nigerian currency gained five points to close at N465 at the parallel market, from N470 it traded on Wednesday, while the Pound Sterling and the Euro exchanged at N565 and N505 respectively.

He said criminals, particularly kidnappers, use it as a means of perpetrating their act without being traced.
Akpatason also stressed the need to amend the Nigeria Communications Act 2004 to provide for regulation of unsolicited telephone communications from telecommunication service providers

Kachikwu said: “I think sometimes the corruption indices in Nigerian National Petroleum Corporation are overblown, because sometimes people do not understand the technicalities of what is going on and the short answer is corruption