Don't Miss


All posts by BusinessNews Staff

  • Auditing, key to good public governance — Lagos HoS

    The Head of Service, Lagos State, Mrs. Olabowale Ademola, has said auditing represents the cornerstone of good public governance. She noted that auditors help public sector organisations to achieve accountability and integrity, improve operations and instill confidence...

    • Posted January 27, 2016
    • 0
  • AMCON debtors fly around in private jets – Kuru

    The Managing Director, Asset Management Corporation of Nigeria, Mr. Ahmed Kuru, has lamented that rich Nigerians who are indebted to the agency are still living big and flying around the globe in their private jets. He stated...

    • Posted January 27, 2016
    • 0
  • Unity Bank moves HQ to Lagos

    Unity Bank Plc has concluded plans to relocate its corporate headquarters from Abuja to Victoria Island, Lagos, in an effort to harness opportunities which the country’s commercial hub holds. According to a statement, the relocation, which has...

    • Posted January 26, 2016
    • 0
  • Naira devaluation unlikely as MPC meets

    Although experts have clamoured for the devaluation of the naira in the light of the nation’s depleting foreign exchange reserves, the Central Bank of Nigeria’s Monetary Policy Committee may not do so during its first bi-monthly meeting...

    • Posted January 26, 2016
    • 0
  • Workers panic as states shun Contributory Pension Scheme

    Civil servants across many states of the federation are concerned for their lives after retirement as many state governments have stopped contributing towards their pension, IFE ADEDAPO writes The implementation of the Pension Reform Act, 2014 may...

    • Posted January 26, 2016
    • 0
  • Currency market challenges threaten private sector investment – Analysts

    Private sector investment in the country may be constrained by currency market challenges and the higher risk environment, analysts at Afrinvest Wes Africa Limited have said. The analysts, in the company’s Nigerian Economy and Financial Market 2015...

    • Posted January 26, 2016
    • 0
  • FRC commends NDIC over financial statements

    The Fiscal Responsibility Commission has commended the management of the Nigeria Deposit Insurance Corporation for its compliance with the submission of its audited financial statements of 2007 to 2014. It also lauded the corporation’s prompt payment of...

    • Posted January 26, 2016
    • 0
  • iROKO Closes on $19m Content & Capital Deals

    25 January 2016. Lagos, Nigeria.  African mobile entertainment and internet TV pioneer, iROKO, today announces multiple deals totaling $19m, both in content development and in capital funding. French media giant CANAL+, together with existing investor Kinnevik AB,...

    • Posted January 25, 2016
    • 0
  • Stakeholders canvass research to improve agriculture

    Stakeholders in the agriculture sector have emphasised the need for research development to improve the agricultural sector. According to the Group Executive Director, Elephant Group, Mr. Akin Ogunbiyi, since the the focal point of the current administration...

    • Posted January 25, 2016
    • 0
  • Manufacturing’s contribution to GDP hits N6.16bn

    The contribution of the manufacturing sector to the nation’s Gross Domestic Product rose to N6.616bn in the third quarter of last year, statistics from the National Bureau of Statistics indicated. An analysis of the nine month revenue...

    • Posted January 25, 2016
    • 0