archiveJuly 27, 2016

The Federal Government has deported three Koreans over expatriate quota abuse in Nigeria. According the spokesperson of the Nigeria Immigration Service (NIS) Ekpedeme King in Abuja, the deportation which took place on the 20th of July, affected three Korean nationals namely Lee Yoo Song, Lee Byeung Woo and Moon Een....

Union Bank of Nigeria (UBN) has announced an impressive unaudited result and accounts for half year ended June 30, 2016 with profit before tax gaining 21 per cent from N6.6 billion in first half 2015 to N8.6 billion in H1 2016. The group profit after tax also increased by 36...

United Kingdom Trade & Investment (UKTI) Envoy to Nigeria, Prime Minister, John Howell, has said, that the nation’s capital market is endowed with great opportunities despite the challenges Africa economy is facing. With the nation’s capital market vibrant, he said that United Kingdom was keen at doing business with companies...

Investors in equities on the Nigerian Stock Exchange (NSE) managed a gain of N9 billion on Wednesday as against huge gains of N108 billion they made on Tuesday. The Market Capitalisation of the Exchange which closed at N9.597 trillion on Wednesday and All-Share Index at 27,945.02 basis points rose to...

The Nigerian National Petroleum Corporation (NNPC) has said that Nigeria’s oil production is now 700,000 barrels per day (bpd) lower as a result of persistent militant attacks on oil pipelines and infrastructure. With average production usually around 2.2 million bpd, meaning that Nigeria’s oil production currently stands at 1.5 million...

Naira weakened to an all-time low of 334.50 against the dollar on the interbank market on Wednesday, a day after the central bank hiked interest rates to try to lure foreign investors back into local assets, traders said. A report from Reuters monitored by Reuters said. The naira fell 5.8...

As Nigeria economy continued to battled naira devaluation, Caverton Offshore Support Group Plc has warned investors that its profit for the half year ended June, 2016 would drop as the company recorded huge losses arising largely from dollar dominated borrowing. The leading provider of marine, aviation and logistics services to...

The federal government as well as states and local government councils across the nation have been reminded of the effectiveness of using experiential marketing, citizen engagement and community relations to market government policies to the citizenry. These three marketing elements were stressed at the just concluded third annual general meeting...