OTHER BUSINESSES

The founding partner, GreenHouse Capital, Mr. Bunmi Akinyemiju has said that between 2014 and 2016, the company has invested a sum of $10 million into 13 Small and Medium Enterprise (SMEs) companies in Nigeria. Akinyemiju,  during an exclusively interview with Business247 News Online over the weekend, noted that the 13...

The Tin-Can Island Customs Command has intercepted 31 containers of 14,000 bags of rice valued at over N71 million. The Deputy Comptroller-General of Customs in charge of Enforcement, Dan Ugo, stated this when he conducted newsmen round the seizure on Friday. He said that the rice  was imported from China....

  No fewer than 500 pension professionals are expected to converge at the 3rd edition of World Pension Summit (WPS), which Nigeria is hosting, to discuss relevant innovations on retirement issues and pension growth across African countries. The forum, which will hold between 27th and 28th of September, 2016, in...

Telecoms subscribers under the umbrella of National Association of Telecoms Subscribers (NATCOMS) have called on the incoming board members of the Nigerian Communications Commission (NCC) to make improvement on service quality by telecoms providers as well as the elimination of unsolicited text messages top priority once their nominations are approved...

Minister of Petroleum Resources, Dr. Emmanuel Ibe Kachikwu said today that while a cut in Organization of the Petroleum Exporting Countries (OPEC) production is unlikely, there is hope a meeting of producers in Algeria next month could help shore up crude prices. According to Reuter’s report , Kachikwu also said...

The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) has initiated a scheme to move cattle from the north to markets in the southern part of the country by rail starting from this week. The scheme which is being operated  in partnership with Connect Rail Services, a bulk freight...

As part of effort to curtail tomato losses in the country, Growth and Employment in States - Wholesale and Retail Trade (GEMS4), an economic development project jointly funded by the World Bank and DFID/UKAid, took good handling packaging campaign for perishable produce to Mile 12, Market, Lagos. GEMS4 is focused...

Oil prices retreated on Wednesday in Asian trades, on the back of the Nigerian announcement about the expectations that OPEC producers would refuse to reduce output in September's meeting. According to Mubasher Info, Brent crude oil futures were down 0.67 per cent to reach $48.90 per barrel, while US crude...

There are strong indications that insurance companies in the country are set to lose billions of Naira as the National Insurance Commission (NAICOM) has suspended financial institutions, telecommunication companies and airlines from selling insurance products, unless these distribution agencies are licensed by the commission to do so. As it stands,...

The Standard Organisation of Nigeria (SON) and Nigerian Customs Service (NCS) have concluded arrangements to fight importation of substandard products into the country. SON and NCS entered into the collaboration yesterday, during the visit of the acting Director General of the organisation, Dr.  Paul Angya to the Zonal Coordinator of...