7UP shareholders approve Affelka’s acquisition of 26.8 per cent stake

7UP shareholders approve Affelka’s acquisition of 26.8 per cent stake

Seven-Up Bottling Company Plc shareholders on Thursday approved the Scheme of Arrangement for the acquisition of 26.8 per cent shares by Affelka South Africa.  The shareholders gave the approval at the Court-Ordered meeting convened at the instance of the Federal...
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‘Agriculture will boost Nigeria’s sustainable development’

‘Agriculture will boost Nigeria’s sustainable development’

Mr Aniefiok Umoren, the Head of Development Finance, Central Bank of Nigeria (CBN), Calabar, says agriculture remains the most viable option to boost the country’s sustainable development and food security.  Umoren said this on Wednesday at the official lau...
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World Bank: Nigeria’s economy to grow by 2.5% in 2018

World Bank: Nigeria’s economy to grow by 2.5% in 2018

The World Bank forecasts that economic growth in Nigeria would edge up to at least 2.5 per cent in 2018, as the country benefits from improved commodity prices, investments and trade. According to the World Bank’s January 2018 Global Economic...
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Ogbeh: Agriculture created over 6m jobs in two years

Ogbeh: Agriculture created over 6m jobs in two years

The Minister of Agriculture and Rural Development, Chief Audu Ogbeh,  said on Monday that agriculture sector created six million jobs in the last two years. Ogbeh said this while analysing the achievements of his ministry and 2018 targets of the...
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Nigerians import 399,556 vehicles in 2017, generates N137b duty

Nigerians import 399,556 vehicles in 2017, generates N137b duty

By Moses Ebosele, ebosele@hotmail.com  –      Between Janaury and December 2017, Nigerians paid N137billion duty on 399,556 imported used and news vehicles.     Speaking at an interactive session with print, television and online editors in Lagos ...
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‘Oando’s forensic audit to commence this month’

‘Oando’s forensic audit to commence this month’

There is no going back on the forensic audit of Oando Plc,  the Acting Director-General of the Securities and Exchange Commission (SEC), Mr. Abdul Zubair, has said.    Speaking at a press briefing in Abuja on Tuesday, Zubair said the...
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SEC extends forbearance window for multiple accounts consolidation to March 31

SEC extends forbearance window for multiple accounts consolidation to March 31

The Securities and Exchange Commission (SEC) has extended the forbearance window for multiple accounts consolidation to March 31, 2018.   Speaking at a press briefing on Tuesday in Abuja, Acting Director General of SEC, Dr. Abdul Zubair said:“With a view...
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Maize Cultivation: Association to engage 500,000 farmers in 2018

Maize Cultivation: Association to engage 500,000 farmers in 2018

The National President, Maize Association of Nigeria, Alhaji Bello Abubakar-Annur has disclosed that the union is planning to engage 500, 000 farmers in maize cultivation in the 2018 farming season across the country. Abubakar-Annur told the News Agency of Nig...
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Heal the world movement empowers over 200 people

Heal the world movement empowers over 200 people

In a swift  move to   curb the spate of  increasing  unemployment in Nigeria ,  Heal The  World  Movement ,  a Christian charity organisation  with headquarters  in Lagos, Nigerian  and branches within the country and globally,   recently  organ...
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NSE emerges one of the top five best performing exchange in 2017

NSE emerges one of the top five best performing exchange in 2017

The value of public companies on global stock markets grew by $12.4 trillion in 2017, according to S&P Dow Jones Indices, which included dividends in its calculation.   According to CNN, a  number of markets even outperformed the U.S. Here’s...
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Priest, community leader condemn hike in product prices, services

Priest, community leader condemn hike in product prices, services

A Catholic Priest, Rev. Fr.  Gabriel Fatoye, has criticised some retailers and service providers for deliberating increasing prices of products and services during the Christmas season. Fatoye, an Associate Parish Priest of the Sacred Heart Catholic Church, O...
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