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All posts by BusinessNews Staff

  • Nigerian Breweries invests N1bn in More brand

    Nigerian Breweries Plc says it has invested N1bn this year towards improving the quality of More Lager Beer brand, which it acquired two years ago. The company’s Corporate Affairs Adviser, Mr. Kufre Ekanem, stated this on Friday...

    • Posted August 16, 2015
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  • Nigeria-Cameroon Bridge for completion this year

    A modern dual carriage bridge connecting Nigeria to Cameroon would be completed before the end of this year. The completion of the bridge is expected to ease the movement of persons and goods between the two West...

    • Posted August 15, 2015
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  • Banned exports: Nigeria faces huge revenue loss

    Nigeria faces loss of revenue running into billions of naira from now till 2016 as a result of the European Union’s ban on the country’s food exports including beans, sesame seeds, melon seeds, dried fish and meat,...

    • Posted August 15, 2015
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  • Investors still uncertain about Nigeria’s economic focus—LCCI

    The Lagos Chamber of Commerce and Industry is of the opinion that unveiling of economic blueprint by the Federal Government will stem the tide of declining investor confidence in the economy. The chamber stated this in a...

    • Posted August 15, 2015
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  • Nigerian pilots back FG on proposed national carrier

    The National Association of Aircraft Pilots and Engineers (NAAPE) has thrown its weight behind government plan to establish a national carrier, saying when realised, it would lead to rapid growth of the industry, create jobs and boost...

    • Posted August 15, 2015
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  • FAAN to enforce parking rule for tanker drivers

    The Managing Director of the Federal Airports Authority of Nigeria (FAAN), Saleh Dunoma has reiterated the resolution of the Authority to ensure that all tanker drivers strictly adhere to the rules of engagement on parking and operating...

    • Posted August 15, 2015
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  • DMO sells N80bn debt at mixed yields

    The Debt Management office sold a total of N80.20bn ($403m) in bonds maturing in February 2020 and August 2034 at an auction on Wednesday with mixed yields, the DMO said on Thursday. Total bids stood at N153.48bn,...

    • Posted August 15, 2015
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  • Emirates airline to begin world’s longest non-stop flight

    Emirates Airline is set to operate the world’s longest non-stop commercial flight starting 2016 between Dubai and Panama City. The Chief Executive Officer of the airline, Ahmed-bin-Saeed al-Maktoum, said on Friday in Dubai that the flight would...

    • Posted August 15, 2015
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  • Shareholders approve CCNN’s N439m dividend

    Shareholders of the Cement Company of Northern Nigeria Plc on Thursday approved the payment of a total dividend of N439.8m for the 2014 financial year. The amount, which was approved at the company’s 36th Annual General Meeting...

    • Posted August 15, 2015
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  • Union Bank partners SMEDAN

    Union Bank of Nigeria Plc has restated its continued support for the growth of small and medium scale enterprises (SMEs) in Nigeria, describing them as the drivers of national development and economic growth. To this end, Union...

    • Posted August 14, 2015
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