archiveSeptember 2016

As the United States of America (USA) marks the 15th anniversary of most gruesome terrorist attack in the country history, tomorrow, Sunday, September 11, 2016, it has charged the world on the need to stamp out terrorism from human society. The USA made this call in a statement by the...

A turnover of 1.183 billion shares worth N10.300 billion in 16,522 deals were traded this week by investors on the floor of the Nigerian Stock Exchange (NSE) in contrast to a total of 1.115 billion shares valued at N13.817 billion that exchanged hands last week in 16,083 deals. The NSE...

The Central Bank of Nigeria (CBN) has assured Nigerians that the country would be out of the current economic recession earlier than expected even as it urged Nigerians to take advantage of the numerous policies, initiatives and programmes by the bank to cushion the effects of the biting economic recession...

PZ Wilmar and the Nigeria Institute of Oil Palm Research (NIFOR) on Friday signed a Memorandum of Understanding to boost palm oil production through research and human capacity building. The event, which took place in Abuja, was witnessed by the Minister of Agriculture and Rural Development, Chief Audu Ogbeh. Mr...

The Chartered Institute of Bankers of Nigeria (CIBN) and the Central Bank of Nigeria (CBN) have x-rayed possible reforms and strategies to revive Nigeria's economy. The reforms which were mentioned at the 10th Annual Banking and Finance Conference highlighted possible strategies that could be adopted in driving production of local...

This was contained in a circular issued by the office of the Minister of State for Budget and National Planning, Zainab Ahmed, to all Ministries, Departments and Agencies. The circular which was released in Abuja was in accordance with the 2017-2019 Medium Term Expenditure Framework and Fiscal Strategy Paper. It...

A global procurement, handling, clearing and forwarding service, Simplified Corporate Logistics has resolved to help Nigerian business owners, who are currently facing difficulty ordering goods from overseas due to high costs of clearing and logistics. The plan was to reduce their incurred fines and charges, improve their cargo logistics efficiency...

All is now set for the 2016 Commerce & Industry Correspondents Association of Nigeria, CICAN, Crystal Excellence Summit, an annual event organised to reward outstanding institutions and individuals for their creativity and positive contributions to industrial growth and societal development. This year's event, which is the 6th, will attract participants...

Ecobank Nigeria has launched Ecobank MasterPass QR, a Mastercard global digital system that allows people to pay for services using mobile phones. The innovative new platform will also enable micro, small and medium enterprises (MSMEs) in the country to receive digital payments from millions of customers. Ecobank Masterpass QR, makes...

The Naira on Friday appreciated marginally at the interbank market, gaining 0.86 per cent against the dollar. The Nigerian currency closed at N310.20 from N326.81 it traded at the interbank market on Thursday. It, however, dipped three points to N423 at the parallel market, from its Friday rate of N425...