archiveJune 28, 2016

The Bayelsa State governor, Henry Seriake Dickson, has reaffirmed his commitment to carrying out effective reforms in the civil service to make it more result oriented and respectable. He therefore advised politicians to leave civil servants out of politics, while also calling on the civil servants not to allow themselves...

Equities trading on the Nigerian Stock Exchange (NSE) continued on a bearish note on Tuesday as investor's value dipped  as investors suffered value depreciation of N91 billion. The market indicators recorded 0.89 per cent depreciation compared with the decline of 2.63 percent recorded on Monday. The All-Share Index shed 264.99...

The Nigerian Maritime Administration and Safety Agency (NIMASA), has called on the News Agency of Nigeria (NAN) to remain committed to its ideals of professionalism in the discharge of its mandate. Receiving a delegation of the management of the foremost News Agency in Nigeria led by its Managing Director, Mr...

As part of  efforts to help start-ups navigate the Nigerian business terrain, PricewaterhouseCoopers (PwC Nigeria), a leading professional services firm, in partnership with The Nigerian-British Chamber of Commerce (NBCC), held a capacity-building workshop for Micro, Small and Medium Entrepreneurs (MSMEs) in Lagos. The one-day workshop, which was held at the...

Abia State Governor, Dr Okezie Ikpeazu has filed an appeal against Monday's judgment of a Federal High Court in Abuja which removed him from ‎office as governor over alleged falsification of tax receipts. The Governor, in a notice of appeal filed by Chief Adegboyega Awomolo (SAN) raised five grounds of...

By ABDUL-KHALIQ OLALEKAN Experts have called on the President Muhammadu Buhari-led administration to unveil friendly policies that will aid insurance adoption in the country, noting that his policies, since he took over the presidency was making Nigerians uncomfortable, as disposable income continue to drop on daily basis. Mr. Lanre Sotunde,...

The Federal Government has directed all staff of the National Economic Reconstruction Fund (NERFUND) to immediately return to their duty posts as the crisis within the organisation has been resolved. According to a press statement form the Ministry of Finance made available to Business247, the directive was passed on Tuesday...

The Nigeria Deposit Insurance Corporation (NDIC) said on Tuesday in its annual report that fraud cases in the banking sector increased by 15.71 per cent in 2015. The corporation explained that a total of 12,279 fraud cases were reported, representing an increase of 15.71per cent over the 10,612 fraud cases...

Total equities on the trading floor of The Nigerian Stock Exchange (NSE) have dropped by 3.1 per cent in three years to 190, checks by Business247 have revealed. Data gathered by our correspondent revealed that equities on the secondary market in 2013 stood at 198. A year later, it dropped...

Niyi Olaoye The Nigerian Deposit Money Banks (DMBs) are now increasingly relying on various forms of incentives, such as cash reward  to woo new customers, in order to switch their everyday banking to them, Business247 revealed. Business247 gathered that at various banking halls across the nation, customers now meet a...