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Seaports, land borders revenue generation to drop in March

Seaports, land borders revenue generation to drop in March

By Andrew Airahuobhor Correspondent Revenue generation from the seaports, airports and land borders is projected to drop significantly in March following uncertainty pervading the forthcoming general elections and high exchange rate,…

CBN recertifies 14 more BDCs

CBN recertifies 14 more BDCs

By Sola Alabadan  News Editor, Sunday The Central Bank of Nigeria (CBN) has  again recertified 14 more Bureaux De Change (BDCs) operators to continue in operation. This brings the total…

FG meets UN donor agencies to review performance

FG meets UN donor agencies to review performance

By Chibuzor Emejor Correspondent, Abuja The Federal Government has met with  the United Nations Donor Agencies  to review the 2014 performance of the agencies under the United Nations Development Assistance Framework/Programme…

APCON Council to be inaugurated Thursday

APCON Council to be inaugurated Thursday

By Olamide Bakare Correspondent, Lagos The Advertising Practitioners’ Council of Nigeria (APCON), is set to inaugurate a new set of council members who will oversee all the key issues affecting the…

Nigeria’s stock market needs more domestic investors –Afolayan

Nigeria’s stock market needs more domestic investors –Afolayan

The nation’s stock market has taken a lot of bashing in recent months as investors continue to extend in the volatile oil prices and Nigeria’s election year. This was made…

NSE demutualisation

NSE demutualisation

With Andy Nssien The Securities and Exchange Commission (SEC), the apex regulatory government agency in the Nigerian capital market, last week stepped up efforts for the demutualisation of The Nigerian Stock …

Youth in agric, biggest potential for mass job creation

Youth in agric, biggest potential for mass job creation

Over the years, getting youths in Nigeria to engage in agriculture has been an uphill task. The reasons are obvious. Farming, as it is practised in the country, has not…

Nigerian honour for IITA’s Sanginga

Nigerian honour for IITA’s Sanginga

The Director General of the International Institute of Tropical Agriculture (IITA), Dr Nteranya Sanginga, has been awarded a Certificate of Excellence for his support to Nigeria’s agricultural transformation agenda. The…

All-Share Index swells to 30,103 points

The NSE All-Share Index and market capitalization appreciated by 2.45 per cent to close on Friday at 30,103.81 and N10.045 trillion. Similarly, all indices finished higher during last week’s business…

Agric researchers from 30 countries converge on Ibadan

Agricultural researchers, social and biophysical scientists from over 30 countries are to hold a three-day meeting in Ibadan, where they will present strategies and results that respond directly to the…

We’ll soon be destination beauty store for women worldwide –Ilegbusi

We’ll soon be destination beauty store for women worldwide –Ilegbusi

Oyinade Ilegbusi is the chief executive officer of Beautyxtraordinary Limited, a business concern that focuses on enhancing women’s beauty. In this interview with CORRESPONDENT, Olamide Bakare, she shares her experience…

Diamond Bank CEO stars in new commercial

Diamond Bank CEO stars in new commercial

Chief executive officer, Diamond Bank Plc, Uzoma Dozie, is leading the bank’s drive as an innovative and technologically driven financial institution as he features as the lead character in a…

All set for World Consumer Day celebrations

All set for World Consumer Day celebrations

As part of activities to commemorate the World Consumer Rights Day celebration, the Brand Journalists’ Association of Nigeria (BJAN) has concluded plans to join the rest of the world to…

FCMB Capital emerges best local investment bank

FCMB Capital  emerges best local investment bank

FCMB Capital Markets Limited , the investment banking arm of FCMB Group Plc, has been adjudged the ”Best Local Investment Bank in Nigeria” at the 2014 African Banking Awards, organised…

Seplat shut down cuts 528mw from national grid

Seplat shut down cuts 528mw from national grid

By Anayo Korie  /  Ag Energy Editor   The  Seplat Petroleum Company recent  shut down is costing the nation 528ww  of electricity daily. The company shut down the Oben gas…

NSE Index down 0.49 per cent

NSE Index down 0.49 per cent

By Bamidele Ogunwusi  / Correspondent, Lagos   After a bullish run spanning eight trading days, trading on the floor of The Nigerian Stock Exchange (NSE) closed downward on Thursday when two…

CBN directs banks to commence treasury single account scheme

CBN directs banks to commence treasury single account scheme

By Sola Alabadan  / News Editor, Sunday   The Central Bank of Nigeria (CBN) has directed all Deposit Money Banks (DMBs) to commence the Federal Government’s treasury single account scheme intended…

NDLEA arrests two ex convicts for drug smuggling

NDLEA arrests two ex convicts for drug smuggling

By Abel Orukpe  / Correspondent, Lagos   National Drug Law Enforcement Agency (NDLEA), Kano State Command has apprehended two ex-convicts for allegedly smuggling dried weeds that tested positive for cannabis sativa.…

Is Nigeria’s territorial water safe?

Is Nigeria’s territorial water safe?

With massive investment in maritime security in the recent past, resulting in satellite capabilities and increased operational platforms, the removal of the country from war risk zone is not in…

Guinness announces 5% revenue rise

Guinness announces 5% revenue rise

Guinness Nigeria has announced its interim results for the six months which ended December 31, 2014. This was disclosed in a statement issued by the management of the company  where…

FAAN denies owing energy company

FAAN denies owing energy company

By Abel Orukpe  - Correspondent, Lagos   The Federal Airports Authority of Nigeria (FAAN) has denied being indebted to Ikeja Distribution Company (IKDC), but that instead it is airlines, concessionaires and…

42 ships with petroleum products, foods arrive Lagos ports

42 ships with petroleum products, foods arrive Lagos ports

Forty two ships are expected to arrive with containers, general cargo, foods, petroleum products and vehicles at the Lagos ports from Feb. 24 to March 25. The Nigerian Ports Authority…

Engaging foreign pilots to detriment of Nigerians

Engaging foreign pilots to  detriment of Nigerians

By Abel Orukpe  / Correspondent, Lagos    The influx of foreign pilots into Nigeria is giving stakeholders in the aviation industry sleepless night. The situation is worrisome because, while the number…

SPN condemns life pensions for Presidents

SPN condemns life pensions for Presidents

The Socialist Party of Nigeria (SPN) has condemned the recent granting of life pensions for Presidents, Vice President, Senate Presidents and House of Representatives Speakers by the National Assembly (NASS) …

E-Phoenix Hotels adds luxury rooms to property

The desire to sustain the taste of customers depends greatly on the management’s strategic preference to boost its hospitality services through innovation. For E-Phoenix Hotels located at the Adeyemi Adeleye…

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