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All posts by BusinessNews Staff

  • Buhari-China_224700902
    China, Nigeria trade value hits N2.3trn

    The Chinese consulate in Nigeria has disclosed that trade value between the country and Nigeria has hit N2.3 trillion ($6.5 billion) in the first five months of 2017, an increase of 33 per cent, over the same...

    • Posted September 29, 2017
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  • NSE_053916827
    Equity market rebounds with N52bn profit

    Trading on equity on the floor of the Nigerian Stock Exchange (NSE) closed yesterday on a positive note after two days of bearish trade, as the market capitalization added N52 billion to close at N12,100 trillion. The...

    • Posted September 28, 2017
    • 1
  • El-Rufai_050628588
    Kaduna signs MoU for $2.4bn bio-fuel factory

    A firm, Bionas, has signed a memorandum of understanding (MoU) with the Kaduna State Government for the construction of a biofuel factory estimated at $2.4 billion. Group Chief Executive Officer of the firm Mrs. Zurina Amnan said...

    • Posted September 28, 2017
    • 0
  • NCC_065029812
    NCC reinstates commitment to strengthen telecom industry

    The Executive Vice Chairman of Nigerian Communications Commission (NCC), Prof. Umar Danbatta has reinstated the commission’s commitment to strengthen the telecommunications industry in Nigeria. Danbatta, who spoke at the 81st edition of the Telecoms Consumer Parliament (TCP)...

    • Posted September 26, 2017
    • 0
  • aliko-dangote-e1478015518907
    Africa will become world’s food basket soon – Dangote

    Business mogul Aliko Dangote has said Africa will soon become the food basket of the world. In a packed room at the headquarters of global law firm Shearman and Sterling LLC high level business leaders and international...

    • Posted September 26, 2017
    • 0
  • CBN
    MPC member raises concern over FG’s overbearing on CBN

    A member of Monetary Policy Committee (MPC), Dr Adedoyin Salami, has raised concern over the Central Bank of Nigeria (CBN)’s rise in financing of the government, thereby, limiting private sector access to credit. Salami, in a communiqué...

    • Posted September 26, 2017
    • 0
  • pension2
    Fears over amendment of Pension Reform Act

    Presently, there are some bills before the National Assembly, aiming to amend some sections of the Pension Reform Act 2014. One of the bills which seek to exclude members of the Nigeria Police Force, the Nigeria Security...

    • Posted September 25, 2017
    • 0
  • Passengers-at-a-Nigerian-airport
    Inflation pushes local airfares up by 57%

    The high rate of inflation in the country is taking its toll on the aviation sector with the number of passengers declining by 456,135 between January and June this year. An analysis of a new report on...

    • Posted September 25, 2017
    • 0
  • cashew
    Cashew exports soar amidst 85% increase in prices

    Gains on global cashew prices have jumped by 85 per cent in the past two years and Nigeria is gradually tapping into the windfall. Prices have increased from $750 per metric tonne in 2015 to $1,800/MT in...

    • Posted September 25, 2017
    • 0
  • 3RD INSTAGRAM POST 640x640
    The Entrepreneur Mind-set – A mentoring session with Ibukun Awosika

    For the average undergraduate, getting a well-paying 9 to 5 job after graduation is the dream. However, this is one dream that is fast eluding a number of graduates today given the prevailing socio-economic conditions in the...

    • Posted September 22, 2017
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