archiveMay 9, 2016

Following the unstable global economy, Ghana and Nigeria have topped the inflation rate in the Economy Community of West African States (ECOWAS) investigation by Business247 has revealed. According to investigations by our correspondent, Ghana inflation rate stood at 19.50 per cent while that of Nigeria has risen to 12.8 per...

BY Niyi Jacobs The Central Bank of Nigeria (CBN) has ordered all banks in the country to programme their Automated Teller Machines (ATM) in such a way that it would not dispense cash if the user blocks his or her image from the security camera. This is stipulated in the...

As part of efforts to promote safety culture in work places, Damco, the world’s leading providers of freight forwarding and supply chain management services. has pledged its continued commitment to safety in all of its facilities. Mr. Sesan Ibitoye, the Chief Commercial Officer (CCO), Central Africa Area Damco stated this...

Wole Tokede Effective from today, Monday, May 9, 2016, The Nigerian Stock Exchange (NSE) has commenced the use of enhanced Compliance Status Indicator (CSI) codes on the ticker tape for listed companies on The Exchange. The Exchange which made this known today in a press statement said this was part...

A report by a U.S. foundation, Oceans Beyond Piracy (OBP),   has said that piracy and armed robbery in 2015 in Nigeria, Togo Ghana and other countries in the  Gulf of Guinea  reached  $719.6 million. The report added that pirate gangs in West Africa were switching to kidnapping sailors and demanding...

 By our Correspondent Shell said on Monday that oil output was continuing at its oil fields in the country despite reports of a militant attack near its Bonga facilities. According to Reuters report monitored by Business247, media reports said the company was evacuating workers because of threats from militants. But...

Chief Femi Fani-Kayode, has gone to the Economic and Financial Crimes Commission, (EFCC) office in Abuja to explained how he got  N840 million he  allegedly  received a few days to the presidential election in 2015. He was spotted by our Correspondent at about 9.30am at the EFCC office on Monday...