archiveAugust 26, 2016

The Nigerian equities market closed on a positive note today, following a 0.26 per cent increase in lead market indicators. This is in contrast to 1.80 per cent lost after Thursday’s trading session. With 15 gainers to 15 losers, The Nigerian Stock Exchange All Share Index (NSE ASI) added 70.96...

SIFAX Group, a multinational corporation with diverse interests in maritime, aviation, haulage & logistics, oil & gas and hospitality, has disclosed the major reasons for sitting its newly-opened RoRo terminals outside the port environment. As part of the one-stop-shop vehicle importation service launched by SIFAX Group recently, the company has...

The NASD OTC has called for a combination of the appropriate fiscal and monetary policies to stimulate growth in key sectors of the economy. According to the organisation, several attempts have been made and economic policies have been introduced by the current administration to resuscitate the Nigerian economy from her...

The Central Bank of Nigeria (CBN) has warned that any bank engaging in receiving illegal money transfer into the country should desist from it. In a circular signed by the Acting Director, Trade & Exchange Department, CBN, W.D. Gotring, and dated August 25, 2016, CBN said that Deposit Money Banks...

Despite suspending their over four months old strike, members of the Academic‎ Staff Union of University (ASUU) at the Niger‎ Delta University (NDU) have continued to receive knocks from individuals and groups. On Friday, a group of women under the aegis of Concerned Mothers of Forum of Students in NDU,...

Amstel Malta, one of the leading malt brands from the stable of Nigerian Breweries Plc, recently launched a new credential campaign tagged “Why Add More”. The campaign which is currently storming the airwaves and billboards across the country was introduced to re-enforcer the brand’s positioning as the premium malt drink,...

Shopping mall shoppers and store owners in Lagos are in for exciting news as T-Mart Wholesale Store, a renowned membership-based wholesale shopping mall opened in Lekki area of Lagos . This is said to be the first of its kind in Lagos, and will be followed by many more outlets...

  Bolivian Deputy Interior Minister, Rodolfo Illanes, 56, was reportedly killed on Thursday after being taken hostage by workers who had blocked a major highway in Panduro, around 160 km (100 miles) from capital city La Paz. Officials said he died of blows to the head. According to local news...

Federal Government plans to offer 212.85 billion naira ($675 million) in Treasury bills maturing between 91-days and 1-year on Aug. 31, the Central Bank of Nigeria said on Friday. The apex bank, according to Reuters report monitored by Business247 News Online, said it will sell 45.85 billion naira worth of...

Travel & Tourism’s impact on the economic and social development of a country can be enormous; opening it up for business, trade and capital investment, creating jobs and entrepreneurship for the workforce and protecting heritage and cultural values. To fully understand its impact, however, governments, policy makers and businesses around...