Category: News

NSE partners Dangote Cement on price information scheme
July 21, 2016 No Responses

NSE partners Dangote Cement on price information scheme

By Moses Ebosele –    The Nigerian Stock Exchange (NSE) has entered into a contract to provide Dangote Cement Plc its Issuers Share Price Information service.  The Issuers Share Price Information is an offering that enables companies listed on the...
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Turkey declares three months state of emergency
July 21, 2016 No Responses

Turkey declares three months state of emergency

Turkey will impose a three-month state of emergency as the government pursues those responsible for a failed military coup, President Recep Tayyip Erdogan has  said. Agency report quoted Erdogan as saying the  country won’t be under military rule, with arm...
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Minister insist on ports’ audit
July 20, 2016 No Responses

Minister insist on ports’ audit

By Moses Ebosele –  The Minister of Transportation, Rotimi Amaechi has reiterated Federal Government resolve to audit operations and activities at the nation’s Seaports.     Speaking in Abuja after a meeting with the management of Nigeria Shippers ...
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Expert cautions against mass retrenchment
July 20, 2016 No Responses

Expert cautions against mass retrenchment

By Moses Ebosele –    AN economist, Matthew R. Otoide has challenged the Federal Government to ‘do everything within its power’ to stop ongoing retrenchment across the country.  In a chat with City BusinessNews, Otoide explained that the developme...
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UBA partners Mastercard on payments infrastructure
July 20, 2016 No Responses

UBA partners Mastercard on payments infrastructure

TO further consolidate on its activities, United Bank for Africa (UBA) has partnered Master Card on payment infrastructure across the Africa continent.   The partnership  which cuts across the 19 African countries in which UBA currently operates include Nige...
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Anxiety as inflation hits 16.5 per cent
July 19, 2016 No Responses

Anxiety as inflation hits 16.5 per cent

By Moses Ebosele –    Economic challenges confronting Nigeria assumes more disturbing dimensions as the Consumer Price Index (CPI) increased to its highest point of 16.5 per cent since 2005. The report released by the National Bureau of Statistics (NBS...
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ENL Consortium disowns Protesters
July 19, 2016 No Responses

ENL Consortium disowns Protesters

By Moses Ebosele –   ENL Consortium, operator of Terminals C and D of the Lagos Port Complex, Apapa  has disowned dockworkers who staged a protest at the Nigerian Ports Authority (NPA) Headquarters in Marina, Lagos on Monday, July 18, 2016....
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New NPA boss harps on improved revenue generation
July 19, 2016 No Responses

New NPA boss harps on improved revenue generation

By Moses Ebosele –    The Nigerian Ports Authority (NPA) will strive for enhanced operating efficiencies to facilitate improved revenue generation and inflows into the national treasury, newly appointed Managing Director, Hadiza Bala-Usman has said.  ...
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Presidency pledges full complince with fiscal responsibility act
July 19, 2016 No Responses

Presidency pledges full complince with fiscal responsibility act

The Federal Government has reiterated its resolve to fully comply with the provisions of the Fiscal Responsibility Act and other extant laws as they relate to the submission of budget proposals to the National Assembly.   Presidential spokesman, Garba Shehu.....
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German police kill Afghan teen who slashed passengers on train
July 19, 2016 No Responses

German police kill Afghan teen who slashed passengers on train

A teenage Afghan migrant armed with an ax and a knife attacked passengers aboard a regional train in southern Germany on Monday night, injuring four people before he was shot and killed by police as he fled, authorities said. Wuerzburg police said...
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NCC remits N70b into federation account
July 18, 2016 No Responses

NCC remits N70b into federation account

Between December 2015 and March 2016, the Nigerian Communications Commission (NCC), remitted N70 billion into the federation account.  The amount according to a statement issued by the commission is in addition to the N30 billion paid by MTN Nigeria Communica...
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Aisha Buhari, Osinbajo, Awolowo, Elumelu, seek support for women entrepreneur
July 18, 2016 No Responses

Aisha Buhari, Osinbajo, Awolowo, Elumelu, seek support for women entrepreneur

Leading African businessman and philanthropist, Tony O. Elumelu CON joined recently joined the First Lady of Nigeria, Mrs. Aisha Buhari, wife of the Vice President, Mrs. Dolapo Osinbajo, Nigerian Export Promotion Council (NEPC) Chief Executive Officer, Segun A...
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SEC boss pledges to raise market participation
July 18, 2016 No Responses

SEC boss pledges to raise market participation

AS part of measures to deepen Nigerian capital market, the Securities and Exchange Commission (SEC) has expressed its determination to raise the participation of retail investors.  Speaking during a visit to the Federal Radio Corporation of Nigeria (FRCN) in ...
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‘How to curtail premature death through investment in Energy’
July 18, 2016 No Responses

‘How to curtail premature death through investment in Energy’

By Moses Ebosele  Sustained investment in Energy could curtail premature deaths associated with air pollution by half in 2040.    According to a report put together by International Energy Agency (IEA),each  year an estimated 6.5 million deaths are linked ...
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