All posts by BusinessNews Staff

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  FG warns against intellectual property rights’ violation

  The Federal Government on Monday called on Nigerians to raise the awareness on the importance of intellectual property rights, stating that their violation was having negative effects on the economy. The Minister of Industry, Trade and Investment,...

  • Posted April 29, 2015
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  Airport cargo handlers threaten to withdraw services

  Cargo handlers at the Murtala Muhammed Airport, Lagos on Monday threatened to stop work following the sacking of their colleagues by Skyway Aviation Handling Company Limited. The workers, under the aegis of the National Union of Air...

  • Posted April 29, 2015
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  BPE to invite seven bidders for Warri Port terminal

  The National Council on Privatisation has directed the Bureau of Public Enterprises to invite seven prospective concessionaires that met the criteria for the Terminal B of the Warri Old Port. The Head of Public Communications, BPE, Mr....

  • Posted April 29, 2015
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  Mobil absolves self from oil spill at Ibeno QIT

  Mobil Producing Nigeria Unlimited (MPN), operator of the Nigerian National Petroleum Corporation (NNPC), has said that the suspected oil spill that sparked protest from the youths of its host community was not from any of its facility....

  • Posted April 29, 2015
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  Financial planning is essential in the face of prevailing economic realities – Michael Oyebola

  Michael Oyebola, the MD/CIO of FBN Capital Asset Management has underscored the importance of personal financial planning in the face of the prevailing economic realities arising. He made this known as part of a presentation entitled “Beyond...

  • Posted April 28, 2015
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  FCMB shareholders approve N40bn capital raising exercise

  Shareholders of FCMB Group Plc last week approved the bank’s plan to raise the sum of N40 billion in debt and equity as part of strategies to maintain a significant threshold of Capital Adequacy Ratio (CAR) and...

  • Posted April 28, 2015
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  Skye Bank partners IFC on SME business

  As part of its effort to strengthen small and medium enterprises (SMEs) operations, Skye Bank Plc said it has gone into a consultancy partnership with the International Finance Corporation (IFC), to evolve an effective lending framework for...

  • Posted April 28, 2015
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  Lagos Government hands over new building to occupants

  The Lagos State Government has handed over a new building known as Block 6 in Progressive Estate, Abule Nla, Ebute Meta West to the former occupants. A few years ago, its occupants had abandoned the building for...

  • Posted April 28, 2015
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  CIBN moves to tackle poor service quality in banks

  Concerned by the significant drop in service quality in bank branches, the Lagos Chapter of the Chartered Institute of Bankers of Nigeria (CIBN) has expressed its readiness to reverse the trend. Chairman, CIBN Lagos Branch, Mrs. Taiwo...

  • Posted April 28, 2015
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  FBN Holdings’ Q1 profit rises by 8.7%

  FBN Holdings Plc said its profit before tax for the first quarter 2015 climbed by 8.7 per cent to N26.94 billion, as against the N24.8 billion it made as at the comparable period of 2014. The unaudited...

  • Posted April 28, 2015
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