All posts by BusinessNews Staff

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  Dangote Cement donates work tools to artisans

  Dangote Cement Plc has announced the donation of work tools to artisans around Unity Road junction in Ikeja, Lagos State, as part of efforts to enable them to deliver better jobs. The firm said in a statement...

  • Posted November 24, 2015
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  Contractors must compulsorily test building materials — LSMTL

  The Lagos State Materials Testing Laboratory has advised the state government to consider making all building contractors in the state to subject their building materials to compulsory testing. The Managing Consultant, LSMTL, Mr. Abel Famakin, said during...

  • Posted November 24, 2015
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  Wigwe seeks improved anti-fraud partnership among banks

  The Group Managing Director/Chief Executive Officer, Access Bank Plc, Mr. Herbert Wigwe, has called for a harmonised fraud-fighting approach among financial institutions in the country. Wigwe, also noted that with this, stakeholders could collaborate and find urgent...

  • Posted November 24, 2015
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  Sterling Bank secures $40m facility from Turkey EXIM Bank

  Sterling Bank said it has secured a $40 million facility from the Turkey EXIM Bank. The facility was granted by Turkey EXIM Bank following the conclusion of a due diligence on the bank. In a statement at...

  • Posted November 24, 2015
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  FG begins construction of 150 houses in Akure

  The Federal Government has commenced the construction of 150 houses in Akure, the Ondo State capital through the National Housing Fund to alleviate the problem of inadequate affordable shelter for the residents of the state. The project,...

  • Posted November 24, 2015
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  Electricity: Local manufacturers lose out on one million meters

  The Federal Government’s intention of injecting one million new electricity meters into the country through local manufacturers may be reversed due to recent developments. The immediate administration of President Goodluck Jonathan had initiated the scheme with the...

  • Posted November 23, 2015
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  Fuel queues persist, despite increase in supply

  The nationwide fuel scarcity has forced the Nigerian National Petroleum Corporation to dispatch about 96.61 million litres of petrol within three days, a development which the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, says is...

  • Posted November 23, 2015
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  NSE: Foreign portfolio investment accounted for 22.52% of transactions in September

  Amidst the consistent volatility at the nation’s capital market in recent times, there are indications that foreign portfolio investors have continued to exit the Nigerian economy in search of better deals in other jurisdiction. This indication was...

  • Posted November 23, 2015
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  NSC flays attempt to truncate CTN implementation

  The Nigerian Shippers Council (NSC) has flayed the attempts to truncate the implementation of International Cargo Tracking Note (ICTN) in the country. CTN was earlier introduced in the country and its execution was spearheaded by the Nigerian...

  • Posted November 22, 2015
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• Our investments will boost Nigeria’s exports – Japan

  The Japanese government has declared that the number of investors from Japan investing in Nigeria has increased over the past year and when goods manufactured in Nigeria by these investors are exported, it will ultimately boost the...

  • Posted November 22, 2015
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