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All posts by BusinessNews Staff

  • World Bank sees modest growth recovery in Sub-Saharan Africa

    Economic growth in Sub-Saharan Africa is recovering at a modest pace, and is projected to pick up to 2.4% in 2017 from 1.3% in 2016, according to the new Africa’s Pulse, a bi-annual analysis of the state...

    • Posted October 12, 2017
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  • Nigeria produces 67% of global yam output – Ogbeh

    The Federal Government says it will not relent in its yam export policy which is aimed at attracting foreign exchange for the country. The Minister of Agriculture and Rural Development, Chief Audu Ogbeh, said this during a...

    • Posted October 11, 2017
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  • Dangote shares success story with foreign investors

    Africa’s richest person, Aliko Dangote, has attributed his resolve to achieve self-sufficiency in commodity manufacturing through the strategy of backward integration as key to the success of his business. Speaking during a public conversation at the Financial...

    • Posted October 11, 2017
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  • Sell out if you can’t run the business – Osinbajo tells DISCOS

    Vice President, Prof. Yomi Osinbajo has told the electricity distribution companies (DISCOs) to invest and run their businesses profitable or sell to those who can, if they are not able to manage them. The Vice President was...

    • Posted October 11, 2017
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  • FBNHoldings Appoints Oluseye Kosoko Company Secretary as Tijjani Borodo Bows Out after 30years of Meritorious Service

    FBN Holdings Plc has announced the appointment of Oluseye Kosoko as Company Secretary subject to regulatory approval. In the same vein, Tijjani Borodo, the outgoing Company Secretary will still be around for the next few months to...

    • Posted October 10, 2017
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  • Oando crisis: Shareholders warn SEC against cover up

    Following the directive given to the Securities and Exchange Commission (SEC) by the House of Representatives Committee on Capital Market and Institutions to investigate allegations of financial impropriety and mismanagement of Oando Plc, shareholders of the company...

    • Posted October 9, 2017
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  • PTAD recovers N16bn pension funds from insurance firms

    The Pension Transitional Arrangement Directorate (PTAD) has recovered N16 billion legacy pension funds from different insurance companies. Speaking at the weekend during a stakeholders’ forum to mark her one year in office, Executive Secretary of PTAD, Barrister...

    • Posted October 9, 2017
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  • Despite challenges, Nigeria very attractive to investors – NIPC ES

    Yewande Sadiku holds a BSc in Industrial Chemistry from the University of Benin and MBA from University of Warwick, United Kingdom. She was recently appointed by President Muhammadu Buhari to head the Nigeria Investment Promotion Commission (NIPC)....

    • Posted October 9, 2017
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  • FG injects N100bn sukuk proceeds into 25 road projects

    The federal government on Thursday presented a ceremonial cheque of N100 billion raised through sukuk bond to contractors of the federal ministry of power,  works and housing to complete 25 economic road projects across the country. Presenting...

    • Posted October 6, 2017
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  • Customs seizes 3,665 vehicles worth N13.164bn Duty since 2015 – Ali

    The Comptroller General of Customs (CGC), Col. Hameed Ali (Rtd) on Thursday  said 3,665 vehicles have been seized between 2015 and 2017 with Duty Paid Value (DPV) of N13.164 billion. Col. Ali said this when he delivered...

    • Posted October 6, 2017
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