Don't Miss


All posts by BusinessNews Staff

  • We will expand investment opportunities in Lagos – Ambode

    The governorship candidate of the All Progressive Congress in Lagos State, Mr. Akinwumi Ambode, has indicated his resolve to open up the state for more investment opportunities. Ambode emerged as Lagos APC flagbearer on Friday morning with...

    • Posted December 9, 2014
    • 0
  • Operators united against fake motor, marine insurance

    Statistics from the Nigerian Insurers Association indicate that about 76 per cent of certificates being circulated in the marine sector are fake; while 75 per cent of certificates used by motorists are not genuine. Marine and motor...

    • Posted December 9, 2014
    • 0
  • Make PPP projects bankable – Nnamani

    The Chairman, Governing Board, Infrastructure Concession Regulatory Commission, Senator Ken Nnamani, has said that except Public Private Partnership projects are made bankable, it will be difficult to get private sector financing to develop the country’s infrastructure. A...

    • Posted December 9, 2014
    • 0
  • Cement standardisation: Court to hear suit against SON on January 7

    A Federal High Court sitting in Lagos has adjourned hearing till January 7, 2015 in the suit by little known human rights group, Alliance Against Monopoly (AAM), against the Standards Organisation of Nigeria (SON) over its recent...

    • Posted December 9, 2014
    • 0
  • FirstBank, FBN Capital win at EMEA Africa Banking Awards

    FirstBank and FBN Capital Asset Management, the banking and the investment arms of the FBN Holdings Group have emerged the Most Innovative Bank in Africa, and Best Asset Manager in Nigeria respectively at the Africa Banking Awards...

    • Posted December 6, 2014
    • 0
  • Naira still under pressure despite slash in benchmark oil price

    The naira weakened slightly below the central bank’s new target band yesterday as the federal government slashed the oil price assumed in its 2015 budget for the second time in a month. The naira is under pressure...

    • Posted December 6, 2014
    • 0
  • FBN Capital Asset Management emerges Best Fund Manager

    FBN Capital Asset Management has been adjudged the best asset manager in Nigeria by EMEA Finance Magazine. It bagged the award at the Africa Banking Awards 2014 organised by EMEA Finance Magazine in London. As the asset...

    • Posted December 6, 2014
    • 0
  • FG, GE sign N170bn manufacturing plant contract

    An American conglomerate, General Electric, on Thursday, signed a N170bn ($1bn) contract with the Federal Government to build a manufacturing plant in Calabar, the Cross Rivers State capital. The facility, codenamed ‘Project Emerald,’ consists of a manufacturing/assembly...

    • Posted December 6, 2014
    • 0
  • Emefiele restates CBN’s commitment to financial inclusion

    The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele has restated the commitment of the central bank to ensuring the provision of affordable financial services to the low income and underserved adult population in...

    • Posted December 6, 2014
    • 0
  • Solid minerals can save Nigeria from dwindling oil fortune – FG

    As crude oil price continues to nose-dive, the federal government has said the much-needed diversification of the economy from oil can be achieved with deliberate commitment to utilising the mass deposit of solid minerals in virtually every...

    • Posted December 6, 2014
    • 1