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All posts by BusinessNews Staff

  • $18bn Dangote refinery will boost Nigeria’s foreign investment – IPMAN

    The Independent Petroleum Marketers Association of Nigeria (IPMAN), western zone, on Wednesday says that the 18 billion dollars Dangote refinery will boost the country’s foreign investment when it finally comes on stream. The Zonal Chairman, Alhaji Debo...

    • Posted October 12, 2017
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  • DisCos reduce metering gap by 2.2m since 2013 privatisation

    The Association of Nigerian Electricity Distributors (ANED) said the 11 Distribution Companies (DisCos) have reduced customers metering gap by 2.2 million since the power sector was privatised in 2013. ANED’s Director of Advocacy and Research,  Barrister Sunday...

    • Posted October 12, 2017
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  • World Bank sees modest growth recovery in Sub-Saharan Africa

    Economic growth in Sub-Saharan Africa is recovering at a modest pace, and is projected to pick up to 2.4% in 2017 from 1.3% in 2016, according to the new Africa’s Pulse, a bi-annual analysis of the state...

    • Posted October 12, 2017
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  • Nigeria produces 67% of global yam output – Ogbeh

    The Federal Government says it will not relent in its yam export policy which is aimed at attracting foreign exchange for the country. The Minister of Agriculture and Rural Development, Chief Audu Ogbeh, said this during a...

    • Posted October 11, 2017
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  • Dangote shares success story with foreign investors

    Africa’s richest person, Aliko Dangote, has attributed his resolve to achieve self-sufficiency in commodity manufacturing through the strategy of backward integration as key to the success of his business. Speaking during a public conversation at the Financial...

    • Posted October 11, 2017
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  • Sell out if you can’t run the business – Osinbajo tells DISCOS

    Vice President, Prof. Yomi Osinbajo has told the electricity distribution companies (DISCOs) to invest and run their businesses profitable or sell to those who can, if they are not able to manage them. The Vice President was...

    • Posted October 11, 2017
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  • FBNHoldings Appoints Oluseye Kosoko Company Secretary as Tijjani Borodo Bows Out after 30years of Meritorious Service

    FBN Holdings Plc has announced the appointment of Oluseye Kosoko as Company Secretary subject to regulatory approval. In the same vein, Tijjani Borodo, the outgoing Company Secretary will still be around for the next few months to...

    • Posted October 10, 2017
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  • Oando crisis: Shareholders warn SEC against cover up

    Following the directive given to the Securities and Exchange Commission (SEC) by the House of Representatives Committee on Capital Market and Institutions to investigate allegations of financial impropriety and mismanagement of Oando Plc, shareholders of the company...

    • Posted October 9, 2017
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  • PTAD recovers N16bn pension funds from insurance firms

    The Pension Transitional Arrangement Directorate (PTAD) has recovered N16 billion legacy pension funds from different insurance companies. Speaking at the weekend during a stakeholders’ forum to mark her one year in office, Executive Secretary of PTAD, Barrister...

    • Posted October 9, 2017
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  • Despite challenges, Nigeria very attractive to investors – NIPC ES

    Yewande Sadiku holds a BSc in Industrial Chemistry from the University of Benin and MBA from University of Warwick, United Kingdom. She was recently appointed by President Muhammadu Buhari to head the Nigeria Investment Promotion Commission (NIPC)....

    • Posted October 9, 2017
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