archiveAugust 2016

  Mr Muda Yusuf, an economist, is the Director-General of the Lagos Chambers of Commerce and Industry (LCCI). In this highly engaging interview with the Editor, Business247 News Online, Wole Tokede, he was in his usual element as he speaks on various issues affecting the nation’s economy and proffering solutions...

Great Nigeria Insurance (GNI) Plc has paid a sum of N700 million as claims between January and June 2016, as part of its commitment to prompt claims settlement. A statement from the firm and made available to Business 247 Online at the weekend said General Business accounted for over 19...

A social-political organisation, Bayelsa Transparency Monitors (BTM) has threatened to drag the Federal Government to court if the incessant ‎deductions from Bayelsa State monthly allocation continues unchecked. The organisation wants Federal Accounts Allocation Committee (FAAC) to stop the deductions until the state allocation improves, therefore queried the rationale behind the...

  ...says Ikpeazu, Ogah not qualified ...writes PCA, says 'T.A. Orji frustrating my appeal...' A legal practitioner and Abia State governorship aspirant in the December 18, 2014 Peoples Democratic Party (PDP) primary election, Mr. Friday Nwosu, has added a new dimension to the political crisis in the State, saying neither...

A turnover of 1.124 billion shares worth N13.839 billion in 15,625 deals were traded this week by investors on the floor of the Nigerian Stock Exchange (NSE) in contrast to a total of 1.375 billion shares valued at N12.940 billion that exchanged hands last week in 16,915 deals. The NSE...

Japan will invest $30 billion in boosting growth in African economies and improving the continent’s infrastructure over the next three years, Prime Minister Shinzo Abe said. According to Bloomberg report monitored by Business247 News Online, the Asian economy’s future investment in the continent shows that it has “faith in Africa’s...

Gratitude for where we’re coming from, hope for a better tomorrow Being a state broadcast by Dr. Okezie Ikpeazu, Governor of Abia State on the occasion of the 25th anniversary of the creation of Abia State on Saturday, August 27, 2016. My good people of Abia State. It is with...

Insurance professionals across the country are planning to harness insurance opportunities in the economic diversification of the country from oil to other lucrative sectors. The diversification plan, according to operators, will create new business window for underwriting firms to explore and make more profit, adding that this would form the...

The Country Manager, Association of Chartered Certified Accountants (ACCA), Oluwatoyin Ademola, says financial illiteracy was responsible for high rate of corruption in Nigeria. While speaking at the ACCA Polytechnic Connect, organised by the organisation for polytechnic students in Ibadan and its environs Ademola, held in Ibadan last weekend, said weak...

President, Association of Bureau De Change Operators of Nigeria (ABCON), Aminu Gwadabe, has decried the poor compliance of banks to the sale of foreign exchange to its members and has called on the Central Bank of Nigeria (CBN) to intervene. Gwadabe said in a telephone interview  said that only about...