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All posts by BusinessNews Staff

  • African economies growing steadily – Wigwe

    The Group Managing Director, Access Bank, Mr. Herbert Wigwe, says the nation’s economy and others in Africa are growing steadily despite the challenges in the global economy. He also said that the continent’s vibrant and growing consumer...

    • Posted November 18, 2014
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  • FMDQ: Visa partners FBN, Foundation to support female entrepreneurs

    Visa Incorporated, one of the global leaders in payments has announced a partnership with the Cherie Blair Foundation for Women, First Bank Nigeria and the Youth for Technology Foundation (YTF). The partnership is expected to provide women...

    • Posted November 18, 2014
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  • FG targets 7,200MW from solar energy

    About 7,200 megawatts of electricity will be generated from solar and other renewable energy sources come 2020, the Federal Government has said. This is subject to the 40,000MW generation target set by the government for the same...

    • Posted November 17, 2014
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  • 86 million Nigerians have no insurance cover – CIIN

    About 86.6 million Nigerians have no form of insurance cover, the Chartered Insurance Institute of Nigeria has said. The President, CIIN, Mr. Bola Temowo, said this was the outcome of a recent research. He spoke at the...

    • Posted November 17, 2014
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  • PHED, ECOBANK partner on prepaid meters

    Determined to put an end to the complaints of overestimated billings, the Port Harcourt Electricity Distribution Company and Ecobank have signed a memorandum of understanding through electricity consumers can finance the acquisition of prepaid metres. The Port...

    • Posted November 17, 2014
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  • Low inflation figure defies slump in oil prices, pressure on naira

    Confronted with the interplay of forces, which include the tumbling price of crude oil; lull in the capital market and the attendant pressure on the naira; the increased political activities and the anticipated rise in cash flow...

    • Posted November 17, 2014
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  • UPDC REIT rewards unit holders with N1.4bn interim dividend

    The Fund Managers of UPDC Real Estate Investment Trust (REIT), FSDH Asset Management Limited, has announced that unit holders in the fund will be rewarded with N1.4 billion interim dividend for the period ended June 30, 2014....

    • Posted November 17, 2014
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  • We’re looking at Abuja as SAA’s next entry point – Duma

    Thobikile Duma has been South African Airways Country Manager in Nigeria since September 2009, the first woman to be appointed by any of the foreign owned airlines operating in Nigeria to that position. In the intervening years,...

    • Posted November 17, 2014
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  • Customs rakes in N973m from Seme

    About N973 million was generated by the  Nigeria Customs Service (NCS) as revenue in the month of October 2014 at Nigeria’s premier border station, Seme. Within the month under review, the service also made 24 seizures with...

    • Posted November 16, 2014
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  • 300 to benefit from NDE empowerment

    The National Directorate of Employment (NDE), an agency of the Federal Government set up to combat mass unemployment in the country, has designed a special mirco-empowerment scheme (SMES) aimed at empowering the poorest of the poor in...

    • Posted November 16, 2014
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