archiveNovember 21, 2016

The Association of Nigeria Licensed Customs Agents (ANLCA) has decided to support the collection of Ports Practising Fees (POF) at the nation’s sea ports by the Council for the Regulation of Freight Forwarding in Nigeria (CRFFN). The issues has generated crisis before now, and has led to litigation in a...

The nation’s Gross Domestic Product (GDP) contracted by -2.24% (year-on-year) in real terms In the third quarter of 2016. This was lower by 0.18 per cent points from growth recorded in the preceding quarter and also lower by 5.08 per cent points from growth recorded in the corresponding quarter of...

The death toll in India's rail disaster rose to 142 on Monday after workers toiled through the night removing victims from the wreckage, with grim warnings that more bodies were trapped inside. According to AFP reports, there was little hope of finding survivors among the mangled remains of 14 carriages,...

Recently, Business 247 News Online learnt that two Islamic (Takaful) insurance companies will commence operation in the country in the next couple of months, thus, becoming the first set of Takaful companies to operate in Nigeria. However, the concept is still battling a misconception that it's for the Muslims, and...

Nigeria's economy can expand by 2.5 per cent next year, rebounding from a recession entered in the second quarter, as long it can keep oil output at 2.2 million barrels per day, a senior Moody's analyst said. Reuters report monitored by Business247 News Online said. Africa's largest economy faces its...

The Securities and Exchange Commission (SEC) is set to achieve another milestone by infusing capital market studies (CMS) into school curriculum with the signing of a Memorandum of Understanding (MoU) with the Nigerian Educational Research and Development Council (NERDC). This was done weekend at the Commission's head office in Abuja...

The names of the 200,000 unemployed graduates selected in the first batch of the Buhari administration’s plan to hire half a million Nigerians will be published this week on the N-Power internet portal, while the participants would start receiving SMS messages informing them of their selection as from today, Monday...

By ABDUL OLALEKAN Insurance industry in the country is losing about N40 billion on a yearly basis to an estimated 8 million tricycles and motorcycles who ply Nigerian roads without genuine insurance cover, Business247 News Online investigations have revealed. Since 2010, there has been an influx of tricycles, popularly known...