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All posts tagged "featured"

  • Five million farmers to receive FG’s support

    FIVE  million farmers are to benefit from the Federal Government’s Growth Enhancement Support Scheme (GES) this year, Minister of Agriculture and Rural Development, Dr. Akinwunmi Adesina, said. The minister made the disclosure yesterday, in Abuja, while briefing...

    • Posted June 15, 2012
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  • DANA Air Crash Investigators Assess Possible Fuel Contamination

    The Accident Investigation Bureau (AIB) and National Transportation Safety Board (NTSB) have shed their spotlight on the Jet Fuel used by the ill-fated Dana air craft and Dana’s airline in general in order to determine if contaminated...

    • Posted June 15, 2012
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  • Nigerian Stock Exchange Watch: Banks sell off causes ASI to retreat

    The All Share Index shed 22 basis points as a sell of in banking stocks and low demand levels caused the market to fall. Most top-tier banks GTBank (-0.99%), Zenith (-1.11%),  and First Bank (-0.85%) retreated, as...

    • Posted June 14, 2012
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  • Oil Rebounds From Eight-Month Low Before OPEC Meeting

    Oil rebounded from the lowest close in eight months in New York amid speculation that declines were excessive as OPEC meets to discuss production quotas. Futures rose as much as 0.5 percent, after earlier falling for the fifth time...

    • Posted June 14, 2012
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  • Naira Declines On Bets Of Further Weakening

    The naira retreated as speculation Nigeria’s currency would weaken further offset the biggest sale of dollars in four months. The currency of Africa’s top oil producer fell as much as 0.9 percent to 164.20 per dollar in theinterbank...

    • Posted June 14, 2012
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  • Aruma Oteh Accused of Financial Crimes by SEC Board

    The board of the Securities and Exchange Commission (SEC) has alleged that the suspended Director-General, Ms. Aruma Oteh, used her personal account to receive and manage SEC 50th anniversary contributions in clear contravention of the Investment and...

    • Posted June 14, 2012
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  • DANA Aircraft Was Insured for Combined Limit Risk of $ 350 million (N 56 billion)

    The National Insurance Commission (NAICOM) has ascertained that the ill-fated Dana aircraft was insured for a combined risk of $ 350 million (N 56 billion). The local underwriters led by Prestige Assurance have expressed their readiness to...

    • Posted June 14, 2012
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  • Nigeria Should Brace for Economic Recession – Okonjo Iweala

    The minister of Finance, Dr. Ngozi Okonjo-Iweala has called on Nigerians to be more financially and fiscally prudent as the global economic downturn affecting Western countries will spill-over to Nigeria due to the falling price of oil....

    • Posted June 14, 2012
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  • Weekly Stock News (Aug 26,2011)

    Trading activities on the NSE bourse closed downbeat in all trading days of the week as market sentiments remained weak while market lack positive news to drive sustainable up trend. The bears remained in control of the...

    • Posted August 26, 2011
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  • Do you have an Opinion? – Contribute to BusinessNews Nigeria

    If you care about accessing customers, reaching an audience, communicating your vision, influencing people in your industry, marketing your services or just plain engaging in a dialog with others in your industry. If you have something insightful...

    • Posted August 25, 2011
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