Latest News
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Ivorian cocoa weather good, crisis disrupts harvest
Cote d’Ivoire’s weather last week was ideal for the development of the April-to-September mid-crop with both rain and sunshine, but political instability has disrupted the harvest, farmers and analysts said on Monday. This year’s mid-crop cocoa...
- Posted April 5, 2011
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Onyema resumes at Stock Exchange
The new chief executive officer (CEO) of the Nigerian Stock Exchange (NSE), Oscar Onyema, said his agenda for the market will soon be unveiled to the public. Mr. Onyema, 43, who assumed office officially yesterday, as...
- Posted April 5, 2011
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Nigeria dumps nuclear power plans
Nigeria may have foreclosed any plans to explore nuclear energy as an alternative source of electricity power generation. Minister of state for power, Nuhu Wya, who gave this hint in Lagos, said the country would explore...
- Posted April 5, 2011
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NSE moves to reduce trade alert charges
The Nigerian Stock Exchange has said that there are definite moves to reduce trade alert charges of investors. The Interim Administrator of the NSE, Mr. Emmanuel Ikazoboh, disclosed this during a meeting with Chief Executive Officers of...
- Posted April 4, 2011
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Mobile phone: How forecasts are driving investments into Nigeria
A major global study about the behaviour of mobile consumers has revealed why the Nigerian market is attracting fresh investments from existing and new phone manufacturers, writes DAYO OKETOLA The phenomenal growth of the Nigerian telecommunications industry...
- Posted April 4, 2011
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Compulsory insurance: Mutual Benefits develops agency system
As part of efforts to deepen insurance penetration at the grass roots and maximise the potential in the compulsory insurance policies, Mutual Benefits Assurance Plc has developed its agency system. The Group Managing Director of the insurance...
- Posted April 4, 2011
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Enjoying tax relief through pension, insurance subscription
With the right knowledge about taxation, pension and insurance, a taxpayer can enjoy some tax relief while also providing adequate cover for himself and his dependants, writes NIKE POPOOLA Aside from providing funds for the government, the...
- Posted April 4, 2011
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NIPC Seeks More Funding for Small Businesses
The Nigerian Investment Promotion Commission (NIPC) has called on the Federal Government to invest more in the World Bank and Federal Government pilot Micro Small and Medium Enterprises (MSME) project, in order to tackle poverty more effectively....
- Posted April 4, 2011
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Nigeria Woos Canadian Mining Investors
Minister of Mines & Steel, Mohammed Sada, has commenced moves to woo investors from Canada into Nigeria’s mining sector. Sada who spoke to participants during the recent Prospectors and Development Association of Canada, (PDAC) international conference held...
- Posted April 4, 2011
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UNIDO Pledges Support For Agric Devt
United Nation industrial Development Organisation (UNIDO) has pledged to assist Nigeria to develop its agricultural sector and to achieve its goal of becoming one of the most industrialised nations by 2020. The new UNIDO country Representative in...
- Posted April 4, 2011
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‘NAMA’s Airline Charges’re Approved by IATA’
Managing Director of Nigeria Airspace Management Agency (NAMA), Alhaji Ibrahim Auyo, has said charges the airlines operating in the nation’s airspace and landing at Nigerian airports pay are standardised and endorsed by the International Air Transport Association...
- Posted April 4, 2011
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Foreign Firm Offers Low-Interest Loans to Small Businesses
Oikocredit, an international lender, operating in over 80 countries of the world, has promised to pursue a single-digit interest rate regime for small businesses operating in Nigeria. The company, which opened its Nigerian office, last week, stated...
- Posted April 4, 2011
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Stakeholders List Gains of SEC’s Intervention in NSE
Some stakeholders have said the intervention of the Securities and Exchange Commission (SEC) last August has brought positive changes to the market. This is coming as the Interim Administrator of the Nigerian Stock Exchange (NSE), Mr. Emmanuel...
- Posted April 4, 2011
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NSE’s New CEO Resumes Monday
Nigerian equities opened the new quarter last Friday on a positive note as news filtered into the market that Mr. Oscar Onyeama will resume Monday, April 4, as the substantive Chief Executive Officer (CEO) of the Nigerian...
- Posted April 4, 2011