OTHER BUSINESSES

As part of its ongoing restructuring exercise, the Nigerian National Petroleum Corporation (NNPC) on Tuesday announced the appointments and deployments of top executives across the value chain of its operations. A total of 55 top management staff members were affected in the exercise. According to the Group Managing Director (GMD)...

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...

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...

No fewer than 22,000 farmers in Kebbi State are to benefit from the Central Bank of Nigeria's (CBN) Anchor Borrowers programme aimed at increasing the cultivation of rice in Nigeria. The loan anchored under Nigeria Incentive-base Risk Sharing System for Agriculture Lending (NIRSAL) will be disbursed to beneficiaries by Sterling...

The Minister of Power Works and Housing, Mr Babatunde Fashola (SAN), has directed the Federal Controllers of Works in Delta and Edo States respectively to mobilise contractors to immediately effect repairs on the bad portions of the Asaba -Onitsha Road. This was contained in a press statement on Monday by...

…Says sector key to state’s economic growth, youth empowerment Lagos State Governor, Mr. Akinwunmi Ambode on Sunday said the State is now ready to take the driving seat for the development of tourism, arts and entertainment in Africa. Governor Ambode, who spoke on a programme on Ben TV, United Kingdom,...

Ecobank Nigeria has again reviewed upwards the daily limit that customers can spend with their naira MasterCards for international transactions. With this review, the spending limits currently applicable for customers, using an Ecobank naira MasterCard, for international spend on Point of Sale (PoS) and online channels was raised from $300...

Nigeria’s oil minister said the government launched a fund on Thursday with an initial value of $200 million to support local oil and gas firms, part of a government drive to improve access to low-cost credit across the economy, Reuters reports. The Nigerian Content Development Fund (NCDF) would be financed...

In its bid to strongly drive its strategic business focus on rural economy, Unity Bank Plc has developed a product called NIRSAL Farmers Savings Account specifically designed as a platform to execute a key aspect of the service level agreement for the NIRSAL UNITY BANK channel partnership to bank farmers...

United Bank for Africa (UBA) Plc has reversed the Thursday’s announcement banning the use of its debit and credit cards in making certain purchases, the bank’s authorities have said the cards could be used on any credible platform and for the purchase of any service the card holder desires. The...