Category: News

Toyota Posts $21.66b Profit, Delivers 10.6m vehicles
May 9, 2019 No Responses

Toyota Posts $21.66b Profit, Delivers 10.6m vehicles

For the fiscal year ended March 31st, Toyota Motor Corporation has declared $21.66billion operating profit and 10.6million sales worldwide.However, according to the financial statement released on Wednesday, net income declined 25 percent to 1.88 trillion yen ($16.96 billion).Meanwhile, revenue increased...
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Uwaleke To Investors: Leverage On Low Prices Of Stock
May 8, 2019 No Responses

Uwaleke To Investors: Leverage On Low Prices Of Stock

A Professor of Finance & Capital Market, Uche Joe Uwaleke has advised investors to take advantage of the  prevailing low equities pricing in the Nigerian  stocks market to boost their investment opportunities. Uwaleke, who is also the head, Banking ...
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Dakuku: Special Tax Regime For Maritime Sector Under Consideration
May 8, 2019 No Responses

Dakuku: Special Tax Regime For Maritime Sector Under Consideration

The Federal Government Wednesday, assured the international oil and Gas community that the Nigerian maritime sector is safe for investment and special tax regime are under consideration to grow capacity for the industry in the country. Addressing Journalists a...
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Edo 2020: Igbinedion Canvasses Support For Obaseki
May 8, 2019 No Responses

Edo 2020: Igbinedion Canvasses Support For Obaseki

A Chieftain of the Peoples Democratic Party (PDP), Chief Dr Gabriel Osawaru Igbinedion has thrown his weight behind Edo State Governor, Godwin Obaseki’s development strides, urging him to remain focused. Chief Igbinedion endorsed Obaseki’s per...
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Buhari Inaugurates North East Development Commission Board
May 8, 2019 No Responses

Buhari Inaugurates North East Development Commission Board

President Muhammadu Buhari on Wednesday inaugurated the governing board of the North East Development Commission (NEDC).The new board is chaired by Paul Tarfa, a retired major-general.The event held inside the council chamber of State House, Presidential Villa...
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Financial Literacy Team Visits FIRS Boss, Explains Capital Market Studies Curriculum
May 7, 2019 No Responses

Financial Literacy Team Visits FIRS Boss, Explains Capital Market Studies Curriculum

There are indications that the proposed stand-alone curriculum on Capital Market Studies, CMS, will soon be infused into carrier subjects in Basic and Secondary Schools in Nigeria.This indication was given by the Chairperson of the Financial Literacy Technical...
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Edo Production Centre Attains 95 Per Cent Completion
May 7, 2019 No Responses

Edo Production Centre Attains 95 Per Cent Completion

Manufacturers in Edo State are gearing to commence production at industrial scale with the assurance of stable power and other support structures as work at the Edo Production Centre has reached 95 per cent completion. The facility is a multipurpose,...
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Nigeria’s Airlines Record 7,926 Delayed Flights In 2019 First Quarter
May 7, 2019 No Responses

Nigeria’s Airlines Record 7,926 Delayed Flights In 2019 First Quarter

Domestic airlines operating in Nigeria recorded 7,926 cases of delayed flights between January and March 2019.The Consumer Protection Department of the Nigerian Civil Aviation Authority (NCAA) made this known in a document it issued and obtained by the News Ag...
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Ntel Appoints Babatunde Omotoba As MD/CEO
May 7, 2019 No Responses

Ntel Appoints Babatunde Omotoba As MD/CEO

NatCom Development Investment Limited, operators of Ntel 4G/VoLTE Network has appointed Babatunde Omotoba as its Managing Director/Chief Executive Officer.  A statement issued on Monday by Ntel  Acting General Manager, Corporate Affairs, Damian Udeh ...
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Nigeria Unveils New Savings Bonds
May 7, 2019 No Responses

Nigeria Unveils New Savings Bonds

The Federal Government has offered for subscription of two-year savings bond at 11.74 per cent and three-year savings bond at 12.74 per cent per annum, the Debt Management Office (DMO) has said. According to the offer circular obtained from the...
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SEC Receives MTN’s Application For Listing on Nigerian Stock Exchange
May 6, 2019 No Responses

SEC Receives MTN’s Application For Listing on Nigerian Stock Exchange

The Securities and Exchange Commission (SEC) on Monday disclosed  that MTN Nigeria has formally applied for listing by introduction on the Nigerian Stock Exchange (NSE). SEC Head, Corporate Communications, Efe Ebelo,  who confirmed the development explaine...
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Textile Smuggling: CBN To Blacklist Banks, Firms, Individuals
May 6, 2019 No Responses

Textile Smuggling: CBN To Blacklist Banks, Firms, Individuals

To revive Nigeria’s moribund cotton, textiles and garments sector, the Central Bank of Nigeria (CBN) on Monday commenced the distribution of cotton seeds and other inputs to farmers in Katsina State.To encourage local textile production, the apex bank also t...
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Yam Stakeholders Seek Duty-Free Export To Europe
May 6, 2019 No Responses

Yam Stakeholders Seek Duty-Free Export To Europe

To facilitate free duty yam export to Europe, some stakeholders in the yam value chain have appealed to the Nigerian Government to sign relevant trade agreements with the European Union (EU) They made the appeal in a communiqué issued in...
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FRSC Recovers Stolen Vehicle Through NVIS
May 6, 2019 No Responses

FRSC Recovers Stolen Vehicle Through NVIS

The Federal Road Safety Corps, Anambra State Command has urged motorists to ensure their vehicles are properly registered and uploaded to the National Vehicle Identification System platform and desist from patronising touts. Andrew Kumapayi, the Sector Command...
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