All posts tagged "featured"
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Benin Airport reopens for flight operations
Close to three months after the Benin Airport suspended flight activities, the management of the airport on Thursday announced its reopening as duly certified by the Nigeria Civil Aviation Authority (NCAA). Flight operations were suspended at the...
- Posted September 5, 2015
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Dangote, Elumelu champion FDI in Africa
Nigerian entrepreneurs are pushing the frontiers of Foreign Direct Investment on the African continent. Banker, Tony Elumelu, whose $100m entrepreneurship foundation has already benefited young people in 54 African countries and businessman, Aliko Dangote, whose investments `...
- Posted September 5, 2015
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UBA profit rises 40% as half year earnings hit N167billion
Pan-African financial services group, United Bank for Africa Plc, has announced its audited 2015 half year financial results. The results showed strong growth in earnings and profits, as the Bank continued to benefit from its determination to...
- Posted September 5, 2015
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SMEDAN key to economic development – Osinbajo
The Vice-President, Prof. Yemi Osinbajo, on Thursday said promotion of small and medium scale enterprises (SMEs) was one surest way of achieving economic development. The vice-president said this at a meeting with the officials of the Small...
- Posted September 5, 2015
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World Bank seeks $135bn for African projects
The World Bank has asked for the support of members of the African Caucus, in order to raise funds to replenish the International Development Association. The Bank’s Vice-President for Development Finance, Mr. Joachim Von Amsberg, made this...
- Posted September 5, 2015
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NIMC extends mandatory use of NIN to January 2016
The National Identity Management Commission (NIMC), the Issuing Authority for National Identification Number (NIN), has extended the date for the commencement of the mandatory use of the National Identification Number (NIN), from September 1, 2015 to January...
- Posted September 4, 2015
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We saved $287m in Port Harcourt Refinery turnaround maintenance – Kachikwu
The Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Dr. Emmanuel Ibe Kachikwu, has said Nigeria has saved over $287 million from the turnaround maintenance (TAM) of the Port Harcourt Refinery, Eleme. Kachikwu made...
- Posted September 4, 2015
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States delaying N338bn bailout – CBN
The Central Bank of Nigeria has said states yet to receive their shares of the N338bn bailout for the payment of workers’ outstanding salaries are responsible for the delay. The CBN said it would approve the release...
- Posted September 4, 2015
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Nigeria’s non-oil export nose-dived in 2014 – NEPC
Notwithstanding the clamour for the diversification of the Nigerian economy, the Nigerian Export Promotion Council (NEPC), on Wednesday said the country’s export nose-dived in 2014 as against predictions. Speaking at a forum for Strategic Agricultural Commodities, Executive...
- Posted September 4, 2015
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Nasarawa to get $1billion investment from China
The Chinese government has given indications of plans to invest $1 billion in Nasarawa State in the next five years through an investment firm, Tongyi Group, as part of its strategic partnership to enhance trade and commerce...
- Posted September 4, 2015