archiveJanuary 2017

By Abdul  Olalekan Insurance broking firms and insurance agent outfits in the country may face profit decline, with some of their workers expected to lose their jobs in the current year, by the time the planned new insurance distribution channels commence operations in insurance industry, Business 247 News Online exclusively...

As we enter into the New Year, all eyes are on the Central Bank of Nigerian (CBN) and its administrative team to reshape and restructure the nation’s declining economy. NIYI OLAOYE in this analysis, therefore, x-rays the performances of the present administration with its various initiatives in taming the unwanted...

Eight men own the same wealth as the poorest half of the world's population, a level of inequality which "threatens to pull our societies apart", Oxfam said on Monday ahead of the World Economic Forum opening in Davos. According to how AFP reports it, the wealth of the world's poorest...

To provide 3,000 jobs Determined the tap into the opportunity provided by the scarcity of forex in the country to create jobs, foremost entrepreneur, Aliko Dangote has embarked on the establishment of multi-million dollar vehicle assembly plant project in Lagos Specifically, the plant will be churning out heavy duty trucks...

The Christian Association of Nigeria (CAN) on Sunday condemned the economic policies of President Muhammadu Buhari, saying it lacks human face. The body through its President, Dr. Samson Ayokunle said the recent ban on some foreign goods and the devaluation of the currency implemented by the government lacked human face....

  .... says security agencies should promote overall national interest, not partisan objectives Bayelsa State Governor, Henry Seriake Dickson, has called on the Federal Government to fast-track the ongoing peace process in the Niger Delta, with a view to building consensus on the economic, political and security issues to achieve...

five new states to join Homegrown School Feeding No scheme under the Federal Government's Social Investment Programmes (SIP) attracts an application fee and Nigerians should refuse paying money, just as the Presidency disclosed that five more states would be joining in the implementation of the Homegrown School Feeding Programme. Making...

A civil rights movement under the aegis of Coalition for Good Governance and Change Initiative (CGGCI), on Sunday expressed pessimism that the continued preoccupation of office by the acting Chairman of the Economic and Financial ‎Crimes Commission (EFCC), Ibrahim Magu, was denting Nigeria's image in the international community. The organisation...

...defends appointment of APC members The Governor of Bayelsa State, Henry Seriake Dickson, has expressed optimism that all communities in the State would get access to potable water in the next three years. He also defended the appointment of members of the All Progressives Congress (APC) in his government, saying...

A turnover of 1.117 billion shares worth N9.041 billion in 16,482 deals were traded this week by investors on the floor of The Nigerian Stock Exchange (NSE) in contrast to a total of 4.319 billion shares valued at N7.376 billion that exchanged hands last week in 9,330 deals. The NSE...