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All posts by BusinessNews Staff

  • NCC highlights importance of Cybercrime Act

    The Nigerian Communications Commission (NCC) has called on Nigerian youths to acquaint themselves with the Cybercrime Act and its operations for proper guidance. The Cybercrime bill was signed into law in May 2015 by former President Goodluck...

    • Posted March 4, 2016
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  • Interswitch gets CBN approval-in-principle

    The Central Bank of Nigeria (CBN), has granted an approval-in-principle to Interswitch Financial Inclusion Services (IFIS), a subsidiary of Interswitch Group to operate as a super agent in financial services. According to a statement issued by the...

    • Posted March 4, 2016
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  • NERC, CPC to enforce metering of power consumers

    The Consumer Protection Council and the Nigerian Electricity Regulatory Commission on Tuesday agreed to enforce the mandatory 60-day order to electricity distribution companies to either meter or stop billing their customers under the Credited Advance Payment for...

    • Posted March 3, 2016
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  • Experts proffer solutions to economic crisis

    The Federal Government has been advised to plug fiscal leakages, focus on non-oil sector, and create an enabling environment for business to thrive as part of the measures to get the country out of the current economic...

    • Posted March 3, 2016
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  • FG inaugurates panel on solid minerals development

    The Federal Government has inaugurated a 17-man committee to develop a blueprint to guide the transformation of the solid minerals sector in the country. Given the dwindling fortunes of the nation as a result of falling oil...

    • Posted March 3, 2016
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  • Elumelu harps on increased trade, investment across Africa

    The Chairman, Heirs Holdings and the United Bank for Africa Plc (UBA), Mr. Tony Elumelu, has stated that the private sector must collaborate to ensure increased trade and investment opportunities across the African continent. Elumelu, while speaking...

    • Posted March 3, 2016
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  • SEC boss wants FG to woo multinationals to list on NSE

    The Director General, Securities and Exchange Commission (SEC), Mr. Munir Gwarzo on Tuesday urged the federal government to help encourage multinational companies operating in the country to list on the floor of the Nigerian Stock Exchange (NSE)...

    • Posted March 3, 2016
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  • Investment in immunisation can boost nations’ economy – Okonjo-Iweala

    The Chairman of GAVI board, Dr. Ngozi Okonjo-Iweala, has revealed that for every dollar spent on childhood immunisation, nations will save $16 in healthcare costs, lost wages and lost productivity due to illness. She said if governments...

    • Posted March 3, 2016
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  • UBA Group appoints new Managing Director

    For United Bank for Africa, a new Group Managing Director emerged on Tuesday. He is Kennedy Uzoka who had been Deputy Managing Director, UBA Group and was also the Chief Executive Officer of UBA Africa, responsible for...

    • Posted March 3, 2016
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  • Dangote Cement records N181bn profit, declares N8.00 per share dividend

    Dangote Cement Plc on Tuesday declared a revenue of N491.7 billion for the year ended December 31, 2015, showing an increase of 26 per cent from N391.6 billion in 2014.  Profit before tax was N188.3 billion as...

    • Posted March 3, 2016
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