OTHER BUSINESSES

The Seaport Terminal Operators of Nigeria has commended the Federal Government for banning the importation of vehicles into the country through the land borders. The Chairman of the group, Princess Vicky Haastrup, while reacting to the ban announced by the Federal Government on Monday said the move, if well implemented...

The Country Senior Partner, PwC Nigeria, Mr Uyi Akpata has revealed that as part of contributing to the success of the Sustainable Development Goals (SDGs), businesses will require new ways of thinking, and adapting skills and resources in order to engage the SDGs. He made this statement during the National...

By Nkem Ndem Getting sick is normal, however, it can be a huge disappointment when you are travelling to your hometown for Christmas. Not only does it take the fun out of the trip, it disrupts your entire schedule and most times, costs extra cash (when you are plagued with...

  OPEC's oil output set another record high in November ahead of a deal to cut production, a Reuters survey found on Monday, helped by higher Iraqi exports and extra barrels from two nations exempted from cutting supply - Nigeria and Libya. The latest rise in supply means the Organization...

By Abdul Olalekan The devaluation of Naira against the international currencies and its attendant effects have had a toll on insurance industry as the sector paid more claims in the current year than the previous years, Business 247 News Online learnt. This, according to the Chairman, Nigerian Insurers Association (NIA),...

Nigeria will maintain oil output at 1.9 million barrels per day (bpd) with all three of its main fields on line, Nigeria's oil minister Emmanuel Ibe Kachikwu said on the sidelines of India's Petrotech energy conference on Monday. According to Reuters’ report monitored by Business247 News Online, Nigeria in October...

By Abdul Olalekan The Akinwunmi Ambode-led administration in Lagos State has, from August, 2015 to date, paid N21.929 billion as accrued pension rights to 5,027 retirees under the Contributory Pension Scheme (CPS). The state government, through the Lagos State Pension Commission (LASPEC), equally paid N941 million retirement benefits to 228...

By Abdul Olalekan The National Pension Commission (PenCom) has charged justices, judges and other senior judicial officers to seek more enlightenment on the rudiments of the Contributory Pension Scheme (CPS) so that they would be able to give fair judgement on pension matters in the country. The Director-General, PenCom, Mrs....

The President, African Development Bank (AfDB), Dr. Akinwumi Adesina has disclosed plans to launch $800 million scheme to support the agriculture sector. Adesina said the initiative called the Technology for African Agriculture Transformation (TAAT) was part of efforts designed to encourage technological innovation in the sector. He made this known...

Nigerian businessman,  Adebayo Ogunlesi, has been named as one of the people who will advise US President-elect Donald Trump on the American economy. The 63 year-old chairman of Global Infrastructure Partners, a private equity firm and a Fortune 500 company, is the only African in a 16-man economic advisory forum,...