All posts tagged "headline"
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How payment on delivery threatens e-commerce growth in Nigeria
Founder/CEO of Drinks.ng, Lanre Akinlagun has identified payment on delivery, prevalent among online retailers in Nigeria, as one of the greatest impediment to the growth of the sector. He disclosed this at a news conference to announce...
- Posted May 11, 2015
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Metal component manufacturing is a unique area of manufacturing — Jude Okpala
M r. Jude Okpala is the Managing Director/Chief Executive Officer of Lagos-based Cliché Limited, a metal component manufacturing company engaged in precision engineering, metal stamping and finishing. He has a first degree in Civil Engineering from West...
- Posted May 11, 2015
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Nigeria, Indonesia, Mexico to displace UK, France out of top 10 largest economies
Emerging economies of Nigeria, Indonesia and Mexico could push the UK and France out of the top ten economies of the world by 2050 provided they are able to build their institutions to global standards, diversify their...
- Posted May 11, 2015
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Skye Bank reiterates partnership with SMEs with N50m loan
To further enhance partnership with Small and Medium Enterprises (SMEs), Skye Bank plc has disbursed the sum of N50 million support loan under the Central Bank of Nigeria’s (CBN) MSME Intervention fund. According to a statement issued...
- Posted May 11, 2015
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Questions raised over FRC N1bn IFRS Academy fund
Questions are being asked as to the appropriateness of alleged keeping of N1 billion meant for International Financial Reporting Standards (IFRS) Academy in current accounts with some first tier banks by the Financial Reporting Council (FRC) contrary...
- Posted May 11, 2015
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Sterling Bank’s expansion plans on track – CFO
Despite current regulatory headwinds, Sterling Bank is on course on the expansion plans unveiled in 2013, and will proceed with the next phase of its growth strategy. Abubakar Suleiman, the bank’s chief financial officer (CFO)/executive director, disclosed...
- Posted May 11, 2015
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Power supply drops to 2,345MW
The country’s power generation has dropped by about 500 megawatts to a record low of 2.391.31MW, while actual supply fell to 2,345.7MW, data obtained from the Presidential Task Force on Power on Friday showed. This is happening...
- Posted May 10, 2015
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13 airports to get airfield lighting soon –Minister
Thirteen of the nation’s airports will be fitted with airfield lighting for improved productivity and enhanced operations very soon, the Minister of Aviation, Mr. Osita Chidoka, has said. A statement by the Federal Airports Authority of Nigeria...
- Posted May 10, 2015
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Nigeria records zero per cent in coffee production
Nigeria has recorded zero per cent in coffee production for the first four months of 2015, even when its growers say the global demand for the nation’s coffee is high. A report obtained on Friday from the...
- Posted May 10, 2015
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LASG to generate N1b from 2015 Lagos State Carnival
Mr Adeogun Adeola, the Chief Organiser of 2015 Lagos State Carnival, has projected that Saturday’s carnival involving elaborate costumes, pomp and pageantry would generate N1 billion to government’s purse. Adeola, also the Special Adviser to the Lagos...
- Posted May 10, 2015