All posts tagged "headline"
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Commercial real estate development attracts N400bn investment
As a sign of the increasing potential of the Nigerian economy and its attractiveness to global players, developers are expected to invest close to N400bn in the development of luxury office accommodation across the country between now...
- Posted June 30, 2015
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Wema Bank opens new branches
Wema Bank Plc has opened two new branches in Lagos. The bank said the move was part of efforts to take business opportunities to the door steps of customers and achieve part of the planned growth for...
- Posted June 30, 2015
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Buhari’s government incurs N57bn petrol subsidy debt
The Federal Government has incurred a total sum of N56.784bn in petrol subsidy arrears since Muhammadu Buhari took over as President of the country on May 29, this year. According to data from the Petroleum Products Pricing...
- Posted June 29, 2015
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Naira devaluation discourages savings — Oyetunji
In this interview with NIKE POPOOLA, the Group Managing Director, Continental Reinsurance Plc, Dr. Femi Oyetunji, speaks on the development of insurance and reinsurance business in Africa What are local insurers doing to curb capital flight via...
- Posted June 29, 2015
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Car-owners to pay more for motor insurance — Investigation
Premium being paid by motorists on the compulsory third party insurance will soon be increased, investigation by our correspondent has revealed. For over a decade, underwriting firms had been selling the third party motor insurance for N5,000....
- Posted June 29, 2015
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Nigerian Capital Market ready for burden of project funding – Onyema
Director-General The Nigerian Stock Exchange, Mr. Oscar Onyema, in this interview with Festus Akanbi, speaks on the impressive performance of the exchange for the 2014 financial year and the role of the capital market in an austere...
- Posted June 29, 2015
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DPR, NEMSA move to avert fire disaster in hazardous areas
Following a recent huge fire that burnt through a gas station in Ghana’s capital city of Accra, leaving scores of people dead, the Department of Petroleum Resources (DPR) and newly constituted Nigerian Electricity Management Services Authority (NEMSA)...
- Posted June 29, 2015
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Skye Bank launches new retail banking road-map
In a quest to reposition its Retail Banking business and make it the centre-piece of its business focus, Skye Bank Plc. has embarked on a comprehensive transformation of its retail offerings, focusing essentially on the needs of...
- Posted June 28, 2015
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UK firm to invest $250m in Nigeria’s satellite programme
The Managing Director of Menasat Group, a United Kingdom (UK) space satellite firm, Mr. Hani Salem, on Friday said the company had sealed a partnership venture with the federal government to invest $250 million into its space...
- Posted June 28, 2015
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Edo bans use of revenue collectors, begins presumptive tax regime
In order to shore up its revenue base amidst dwindling revenue from oil, Edo State government has announced the commencement and implementation of Presumptive Tax regime which targets the informal sector. With this, it said that henceforth...
- Posted June 28, 2015