All posts by BusinessNews Staff

• 
  NEXIM promotes non-oil export with N70b

  NIGERIAN Export Import Bank (NEXIM) has disbursed about N70 billion to support over 900 export projects in the Small and Medium Scale Enterprises (SMEs) since inception. Besides, the bank has committed N28.84 billion as intervention funds for...

  • Posted November 25, 2011
  • 0
• 
  Why private refinery is not feasible in Nigeria – Augustine Oniwon

  The Group Managing Director, Nigeria National Petroleum Company (NNPC), Augustine Oniwon, has said running private refinery in the country was not feasible. Oniwon, who spoke with newsmen yesterday in Zaria shortly after he delivered a paper as...

  • Posted November 24, 2011
  • 1
• 
  Helios Investment Partners Announces Acquisition of Multi-Links

  The battle initiated by Helios Towers against Multi- Links over an attempted breach of agreement reached by both parties for the construction of telecommunication Base Transceiver Station (BTS) for Multi-Links has paid off, as Helios finally acquires...

  • Posted November 24, 2011
  • 0
• 
  Senate Panel Recommends Sack of BPE boss, Bolanle Onagoruwa

  The Senate Adhoc Committee that probed the privatisation of Federal Government’s enterprises has recommendation that the Director-General of the Bureau for Public Enterprise, Ms. Bolanle Onagoruwa, be  removed. The committee, which made 45 recommendations, also said  former Directors-General of...

  • Posted November 24, 2011
  • 0
• 
  FG targets 500,000 tonnes of cocoa by 2015

  The federal government plans to increase cocoa production from the present 300,000 tonnes to 500,000 tonnes by 2015, says Dr Akinwunmi Adesina, the Minister of Agriculture and Rural Development. Adesina said this on Monday in Abuja during an interactive session with...

  • Posted November 24, 2011
  • 0
• 
  Starcomms Denies Acquisition Deal

  Starcomms Plc has denied the rumours making the rounds in the telecoms industry that it had opened discussion with another operator on the possibility of being acquired. Chief Executive Officer of the company, Mr. Logan Pather, in...

  • Posted November 24, 2011
  • 0
• 
  Failed banks not nationalised; we acted in the interest of the public – says CBN

  The Central Bank of Nigeria (CBN) yesterday clarified that the defunct Springbank, Bank PHB and Afribank that were lately taken over by the Asset Management Corporation of Nigeria (AMCON) were not nationalised. It said they are being run...

  • Posted November 24, 2011
  • 0
• 
  M & A: Ecobank to Delist from NSE

  Ecobank Nigeria Plc Wednesday notified the Nigerian Stock Exchange (NSE) of its intention to delist from the Exchange. This follows a proposed reorganisation of its share capital that will make its parent company, Ecobank Transnational Incorporated own...

  • Posted November 24, 2011
  • 2
• 
  Sustainable Devt, Key to Africa’s Socio-economic Challenges

  United Nations (UN) Deputy Secretary-General, Asha-Rose Migiro, has stressed that sustainable development is key to addressing Africa’s economic, social and environmental challenges. She noted that the continent has the capacity to transit to a green economy without...

  • Posted November 24, 2011
  • 0
• 
  Strategy – A Key to Business Start-up

  Money is like gasoline during a road trip. You don’t want to run out of gas on your trip, but you’re not doing a tour of gas stations. -Tim O’Reilly, founder, O’Reilly Media. Money certainly does not...

  • Posted November 22, 2011
  • 1