archiveAugust 2017

State governments have restated their commitment to initiate and implement Doing Business reforms that will positively impact on businesses and stand them out among their peers in the World Bank sub-national rankings. This commitment was made in Abuja at the kick-off mission for the Sub-National Doing Business (SNDB) in Nigeria...

There was jubilation in Gombe State on Tuesday as a frontline politician and business mogul, Abubakar Habu Muazu, organised a rally to show solidarity with President Muhammadu Buhari and welcome him back to Nigeria. Muazu who led a state-wide rally tagged "Welcome Back President Muhammadu Buhari", used the occasion to...

• As ASUU backs off meeting with FG As the Federal Government plans to meet with ASUU on the ongoing indefinite strike, the National Association of Nigerian Students (NANS) is calling on the parties to engage in constructive engagement with a human face to resolve the lingering issues that led...

... Says police should be saved from institutional embarrassment Governor Henry Seriake Dickson of Bayelsa State has condemned the ongoing controversy between the Inspector-General of Police, Ibrahim Idris and Senator Isa Misau, the corruption allegation being levelled against each other were unhealthy‎ and antithetical to the image of the police...

Stanbic IBTC Holdings Plc has announced 113 per cent increase in profit after tax to N24 billion in half year (H1) ended June 30, 2017 compared with N11.3 billion recorded in half year ended June 30, 2016. The Holding company profit before tax increased to N29.2 billion, an increase of...

Goldberg, a brand from the stable of Nigerian Breweries Plc, is set to unveil an empowerment scheme tagged ‘Isedowo’ in the South Western part of Nigeria on Thursday, August 31, 2017. Isedowo, which is designed to equip young Yoruba men and women with the support to grow their businesses, will...

The Federal Road Safety Corps (FRSC) says it is deploying 33,000 personnel and 859 vehicles for a nationwide special patrol during the Sallah to ensure free flow of traffic and check accidents. Mr Bisi Kazeem, the Corps Public Education Officer of the FRSC made this known in a statement on...

A total of 5,527 Medium Small Manufacturing Enterprises (MSMEs) benefited N4.5 billion from the Lagos Employment Trust Fund in the last one year. Governor Akinwunmi Ambode of Lagos State disclosed this on Monday at the 2nd Micro, Small and Medium Enterprises (MSMEs) exclusive fair with the theme “Unleashing the Potentials...

PricewaterhouseCoopers (PwC), one of the world leading consulting firms, has said that devaluation of the Nigerian currency, naira, will be a key risk to the sustainability of the country’s foreign debt. According to its recent report titled “Nigeria’s Refinancing Plan: Impact on Debt Sustainability is likely to be Modest,” PwC...

The Nigerian bourse opened the week in the negative territory as the market All-Share Index (NSE ASI) and the Market Capitalization decreased by 0.90 per cent while the year-to-date return stood at 35.14 per cent as the fortune of investors on the Exchange decreased by N113 billion on Monday. The...