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  Date: 2015-03-28

Business

A JOURNEY BACK IN HISTORY


Buzz: 203
Source: Thisday Business | 0 Comments

Ebonyi records huge number of teenage hawkers in Nigeria —Ogbonna Says, Ndigbo can’t rule Nigeria now

It’s quiet unfortunate and shameful that if you are driving along the streets in Lagos particularly on highways and you approach any of those hawkers’ they will tell you they are from Ebonyi state. Also, if you decide to communicate to them in their language, they will respond accordingly, an indication that confirms their honesty. I’m disappointed and angry with those who had governed the state, particularly, with their self-centredness. The post Ebonyi records huge number of teenage hawkers in Nigeria —Ogbonna Says, Ndigbo can’t rule Nigeria now appeared first on Vanguard News
Buzz: 119
Source: Vanguard Business | 0 Comments

We’ve acquired four mobile workshops to boost industrial training – ITF boss

The Director-General and Chief Executive Officer, Industrial Training Fund, Dr. Juliet Chukkas-Onaeko, in this interview with ERIC DUMO, speaks on the need for Nigeria to transit from an oil-reliant economy among other issues The ITF recently held a seminar with the theme: zero oil policy and economic growth strategies in Nigeria. What was the seminar... [Read...
Buzz: 58
Source: The Punch Business | 0 Comments

Jega: Expect Results of Polls in 48 Hours


Buzz: 45
Source: Thisday Business | 0 Comments

The Death of the African Big Man


Buzz: 45
Source: Thisday Business | 0 Comments

Dangote’s $250m cement plant opened in Senegal

In advancement of its strategy to expand cement production in Africa, Dangote Cement yesterday opened its cement plant in Senegal. The new plant, located in Pout district, about 75 kilometres from Dakar, the country’s capital, has a nominal capacity to produce 4000 metric tonnes (MT) per day and 1.2 million MT per annum (pa). The […] Dangote’s $250m cement plant opened in Senegal...
Buzz: 33
Source: Daily Post Business | 0 Comments

ICAN urges FG to stop multiple accounting bodies

The Institute of Chartered Accountants of Nigeria has called on the Federal Government to stop the proliferation of accounting bodies in the country. The President, ICAN, Mr. Chidi Ajaegbu, who stated this at a press conference announcing the 50th anniversary of the body in Lagos, noted several accounting associations without requisite technical expertise had been […] ICAN urges FG to stop multiple accounting bodies...
Buzz: 32
Source: Daily Post Business | 0 Comments

Nigeria’s external reserves fall below $30billion

The value of Nigeria’s external reserves, which has been on the downswing in the past few weeks, fell below the $30 billion mark to $29.865 billion as at March 25, 2015, according to latest Central Bank of Nigeria’s (CBN’s) figures. THISDAY’s findings show that the current level of the foreign reserves, which is derived mainly […] Nigeria’s external reserves fall below $30billion...
Buzz: 29
Source: Daily Post Business | 0 Comments

FG unveils N1bn loan package for Lagos MSMEs

The Federal Government, through the National Enterprise Development Programme, has introduced a N1bn special credit line for Micro, Small and Medium Enterprises and cooperative societies in Lagos State. The Minister of Industry, Trade and Investment, Mr. Olusegun Aganga, said the direct micro-enterprise funding further demonstrated the commitment of the current administration to developing enterprises at […] FG unveils N1bn loan package for Lagos MSMEs...
Buzz: 26
Source: Daily Post Business | 0 Comments

FG commits $118m to Lekki Deep Seaport

The  federal government has committed about $118 million to the construction of the proposed Lekki Deep Seaport, Lagos, the Managing Director of Nigerian Ports Authority, Mallam Habib Abdullahi, has said. This is aside the support from six financial institutions- the African Development Bank, European Investment Bank, Standard Bank, Standard Chartered Bank, Diamond Chartered Bank and […] FG commits $118m to Lekki Deep Seaport...
Buzz: 25
Source: Daily Post Business | 0 Comments

AFC income hits $113.9 million

The Africa Finance Corporation (AFC) on Thursday released its results for the year ended December 31, 2014 and reported a 31 per cent growth in its total comprehensive income from $87.3 million to $113.9 million. A statement from the corporation explained that overall, it recorded a 27 per cent growth in balance sheet size from […] AFC income hits $113.9 million...
Buzz: 24
Source: Daily Post Business | 0 Comments

Electricity tariff cut not for residential consumers – NERC

The Nigerian Electricity Regulatory Commission on Thursday declared that most residential customers would not enjoy the benefits of the recent cut in electricity tariff. According to the commission, most residential electricity consumers in the R1 and R2 categories did not experience any increase in tariff when electricity rates were hiked on January 1, 2015. It […] Electricity tariff cut not for residential consumers – NERC...
Buzz: 23
Source: Daily Post Business | 0 Comments

Dangote Cement records N158bn profit, declares N6 dividend

Dangote Cement Plc on Thursday reported a profit after tax (PAT) of N159.5 billion for the year ended December 31, 2014, down by about 20 per cent compared with N201.2 billion posted I 2013. Executive Director, Dangote Group, who oversaw operations of the cement unit  until recently, Mr. Devakumar Edwin, was quoted byBloomberg as saying […] Dangote Cement records N158bn profit, declares N6 dividend...
Buzz: 20
Source: Daily Post Business | 0 Comments

Elections: Lagos airport records increased passenger traffic

There was noticeable increase in activities at the different terminals of the Lagos airport on Thursday as passengers were seen scrambling for flight tickets to various destinations within and outside the country. The development was attributed to the presidential election, which holds nationwide on Saturday, although some passengers denied this, stating that they were travelling […] Elections: Lagos airport records increased passenger traffic...
Buzz: 17
Source: Daily Post Business | 0 Comments

Nigeria Presidential Elections Live Updates

11:51: The two card readers at Abdulsalami’s polling unit in Niger State failed to work. Accreditation yet to start at the Uphill Water Tank unit in Sabon Gari Ward of Chachagan Local Government where former military ruler, Gen. Abdulsalami Abubakar (retd), is expected to vote. 11:20: Accreditation delayed by nearly three hours in  Jimoh Balogun Street, Ikosi, Ketu...
Buzz: 15
Source: Business Day | 0 Comments

Jonathan: Let the Will of the People Prevail…


Buzz: 14
Source: Thisday Business | 0 Comments

INEC Deploys 15,452 Ad-Hoc Staff in Akwa Ibom


Buzz: 12
Source: Thisday Business | 0 Comments

Election spending fuels cash shortage in banks

The massive withdrawal of cash from Deposit Money Banks by politicians and their associates in preparation for the general elections has led to shortage of cash across bank branches in the country. It was gathered on Thursday that several billions of naira had left the banking system between December last year and this month as […] Election spending fuels cash shortage in banks...
Buzz: 12
Source: Daily Post Business | 0 Comments

Accreditation: Smart Card Readers shut out entire voters of 2 polling units in Bauchi

Entire voters of two polling units in Bauchi metropolis, have been ‘denied accreditation by the Smart Card Reader (SMR). A Correspondent of the News Agency of Nigeria monitoring the elections, reports that in Kobi Primary School polling units ‘A’ and ‘B’, not a single person could be accredited as at 9.45 am as the SMR...
Buzz: 10
Source: Business Day | 0 Comments

Nigeria Presidential Elections Live

Today Saturday, March 28, 2015,  Nigerians vote in their fifth presidential and national assembly elections since the country’s return to democracy in 1999. Follow our updates HERE 00:01 hrs –  INEC announces postponement of elections into the House of Representatives in 11 Federal Constituencies in Jigawa State. 07:45 hrs –  APC Presidential Candidate, Gen. Muhammadu Buhari,...
Buzz: 10
Source: Business Day | 0 Comments

Mayowa Nicholas Reigns Supreme at the Paris Fashion Week


Buzz: 9
Source: Thisday Business | 0 Comments

Navy, Police, Other Security Agencies on Alert in Lagos


Buzz: 9
Source: Thisday Business | 0 Comments

Security beefed up as polls kick off

The streets of Lagos were deserted this morning on account of the restriction on movement attending voting in the presidential election which takes place today, Saturday March 28. Would be voters started to gather at polling booths around the state as early as 8.00pm. As at none o’clock this morning polling officials had not yet...
Buzz: 8
Source: Business Day | 0 Comments

Over 4,000 Security Personnel for Polls in FCT


Buzz: 6
Source: Thisday Business | 0 Comments

Ogunsakin Vows to Deal with Violators of Electoral Act


Buzz: 6
Source: Thisday Business | 0 Comments

Elections to Hold in Eight Borno Councils, Says INEC


Buzz: 5
Source: Thisday Business | 0 Comments

Police, Civil Defence Assure of Adequate Security in Cross River


Buzz: 3
Source: Thisday Business | 0 Comments

Oritsejafor Predicts Nigeria’s Greatness after Elections


Buzz: 2
Source: Thisday Business | 0 Comments

Osun CP Bans OPC, Vigilante, Others from Election Monitoring


Buzz: 2
Source: Thisday Business | 0 Comments

Court Adjourns Suit Seeking to Stop INEC from Using Card Readers


Buzz: 1
Source: Thisday Business | 0 Comments

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