Don't Miss

All posts by BusinessNews Staff

  • portland paints
    Portland Paints to expand operations for growth

    Portland Paints and Products Nigeria Plc has unveiled plans to expand its operations for better returns. The Chairman, Portland Paints and Products, Mr. Larry Ettah, spoke about the plans at the company’s Annual General Meeting in Lagos...

    • Posted May 27, 2015
    • 0
  • Mr-Tony-Elumelu
    Elumelu seeks economic growth in Nigeria, others

    African business leaders need to make decisions that will increase economic and social wealth, and promote development in the communities and nations in which they operate, the Chairman, Heirs Holdings, Mr. Tony Elumelu, has said. Elumelu, in...

    • Posted May 27, 2015
    • 0
  • SEC-and-NSE-logos
    Deutsche Bank fined for misstating value of derivatives

    The Securities and Exchange Commission said on Tuesday that Deutsche Bank made material misstatements about a giant derivatives portfolio, inflating its value at the height of the finanical crisis. Financial Times reported that the bank failed to...

    • Posted May 27, 2015
    • 0
  • coscharis
    Coscharis Motors gets Jaguar/Land Rover recognition

    Jaguar Land Rover sub-Sahara Africa has given recognition to Coscharis Motors as the company’s importer of the year at an award night held in Mauritius. The Managing Director of the JLR SA and SSA, Mr. Richard Gouverneur,...

    • Posted May 27, 2015
    • 0
  • Ford-Explorer-Platinum-interior-360x190
    Ford Explorer Platinum breaks interior record

    Ford Motor Company aims to get the attention of premium vehicle buyers around the world as it introduces its Platinum Explorer as one of the five trims for the 2016 model year, with a record-breaking superb interior....

    • Posted May 27, 2015
    • 0
  • CAC
    CAC confers awards on nine organisations

    The Corporate Affairs Commission has conferred Corporate Citizens Award on nine companies. A statement signed by the commission’s Director, Public Affairs, Churchill Williams, stated that Stanbic IBTC Bank Plc bagged the Most Extensive Compliance Award, while Access...

    • Posted May 27, 2015
    • 0
  • Aregbesola
    Create jobs from solid minerals, BOI urges Osun

    The Managing Director of the Bank of Industry Limited, Mr. Rasheed Olaoluwa, has called on the Osun State Government to explore solid minerals as well as opportunities available in agriculture to create jobs and boost the economy...

    • Posted May 27, 2015
    • 0
  • NUPENG-Logo-4 (1)
    NUPENG backs removal of subsidy

    The Nigeria Union of Petroleum and Natural Gas Workers has reversed its position on petroleum products subsidy and has declared its support for its total removal. The union said that the subsidy funds should be channelled to...

    • Posted May 27, 2015
    • 0
  • tuc
    TUC condemns states for owing workers

    The Trade Union Congress of Nigeria has condemned the refusal of some state governments to pay workers’ salaries for several months. In a communiqué issued at the end of its National Executive Committee meeting in Lagos, the...

    • Posted May 27, 2015
    • 0
  • Mark Essien Headshot
    Nigeria’s Hotels.ng secures $1.2 million investment fund from international investors

    Hotels.ng, Nigeria’s largest hotel booking website, has secured an investment of $1.2 million from international investors EchoVC Pan-Africa Fund, a seed-stage technology fund, and Omidyar Network, the investment vehicle of eBay founder Pierre Omidyar. The funding round...

    • Posted May 26, 2015
    • 0
  • european shares
    US stocks dip on 2015 rate hike

    United States stocks finished last week lower in light pre-holiday trade after Federal Reserve Chair Janet Yellen said the plan to raise interest rates this year was on track, AFP reported. The Dow Jones Industrial Average dropped...

    • Posted May 26, 2015
    • 0
  • Stock-Trade-Session
    Equities may start week on negative note

    Capital market analysts have suggested that the equities market may witness a slowdown in activities this week, with stocks opening the week on a negative note. They, however, noted that the inauguration of Muhammadu Buhari as President...

    • Posted May 26, 2015
    • 0