All posts by BusinessNews Staff
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Why YouWIN 2 Focuses on Women Enterprises – Jonathan
President Jonathan disclosed why YouWIN 2 was all about women enterprises. He said women have a better track-record of using grants to create opportunities than men. The President cited the low turnout of women winners of the...
- Posted September 4, 2012
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Shell Shuts Pipeline After Another Leak is Discovered
Shell said it closed an oil pipeline leading to a flow station in Nigeria, Africa’s top oil producer, after a leak was discovered. Oil from the facility heads to the Bonny export terminal. Bonny is one of...
- Posted September 4, 2012
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Jonathan to Launch YouWIN 2 for Women Entrepreneurs
The Federal Ministry of Finance has disclosed that the President will unveil a second phase of the YouWin program exclusively for women entrepreneurs. According to a statement released by the Paul C Nwabuikwu, Senior Special Assistant to...
- Posted September 3, 2012
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Flour Mills to Emerge Second Biggest Flour Miller in World
The management of Flour Mills Plc, one of Nigeria’s most capitalized blue-chip companies has disclosed that the firm would soon emerge the second largest flour miller in the world. Mr. Emmanuel Ukpabi, CEO of the company, said...
- Posted September 3, 2012
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NSE Restates Commitment to Corporate Governance, Plans Industrial Index
The leadership of the Nigerian Stock Exchange has restated its commitment to corporate governance as a tool for deepening market activity and broadening investor confidence. Director General of the Exchange, Oscar Onyeama in a press statement said...
- Posted September 3, 2012
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FG to Provide Loans for Refinery Investors
The Presidency has directed the Federal Ministries of Finance and Petroleum Resources to set up an inter-ministerial committee to provide financing solutions for companies interested in investing in refineries in the country. The initiative was disclosed last...
- Posted September 3, 2012
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Expect Power Supply to Get Even Better – Presidency
President Goodluck Jonathan has stated that the improvement in the quantum of power supply would not only be sustained but also improved. The President made the statement to reassure Nigerians and international investors after the ouster of...
- Posted September 3, 2012
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House of the week: N85m fully finished 5 bedroom duplex for sale in Ogudu G.R.A
This fully Finished 5 bedroom duplex comes with a 2 bedroom attached maid rooms, 2 Sitting Area, 1 Large fitted Kitchen, Interlocking paving stones and a Large compound Space that can park 5 cars. It is located...
- Posted August 27, 2012
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Fuel Strike Threat: Finance Ministry Issues Statement on Payment of Oil Marketers
The claim by some marketers that they have embarked on strike because the Federal Government has failed to pay them for fuel imports is not accurate. The true position is that the Federal Government has been meeting...
- Posted August 16, 2012
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Common mistakes to avoid in IFRS interim reports
On 28th July, 2010 the Federal Executive Council decided that Nigerian entities should adopt the provisions of International Financial Reporting Standards (IFRS) from 2012. Since then, Nigerian companies particularly those listed on the stock exchange have begun...
- Posted August 15, 2012