Business News Archives — Page 17 of 48

December 28, 2020 No Responses

LCCI Pegs Losses Of MSMEs In Lagos at N2.7b

The Lagos Chamber of Commerce and Industry (LCCI) has disclosed that losses of Micro, Small and Medium Enterprises (MSMEs) in Lagos is about N2.7 billion due to the recent Coronavirus (COVID-19) lockdown. LCCI’s Director-General, Dr Muda Yusuf, made this known on Sunday through the...

December 28, 2020 No Responses

Heritage Bank Empowers Palm Oil Entrepreneur With N10m

As part of its commitment to support Micro, Small and Medium Enterprises (MSMEs), Heritage Bank has empowered the winner of The Next Titan Season-7 with N10million. An entrepreneur, Joshua Joseph Idiong who is the CEO of Josult Oil Proce...

December 23, 2020 No Responses

CBN Probes Dearth Of Money In ATMs

The Central Bank of Nigeria (CBN) is to investigate the scarcity of funds witnessed by customers in most Automated Teller Machines (ATMs) in Lagos State. The CBN‘s Acting Director, Corporate Communications, Mr Osita Nwanisobi told the News Agency of Ni...

December 23, 2020 No Responses

ROSATOM Launches 6th Online Video Competition

To kindle more interest in science and technology, ROSATOM has launched its 6th Annual Online Video Competition for African youths. A statement explained that the competition which is open to students and young professionals between the ages of...

December 21, 2020 No Responses

Nigeria Releases 18 High Yielding Crop Varieties For Farmers

The National Varieties Release Committee (NVRC) has released 18 high yielding crop varieties to boost Nigerian agricultural productivity in line with President Muhammadu Buhari’s 9-point agenda. The release of the new crop varieties was announced by NVRC cha...

December 20, 2020 No Responses

Minister, NPA Boss Harp On Early Completion Of Rail Projects At Seaport

The Minister of Transportation, Mr Rotimi Amaechi, on Saturday urged the Management of APM Terminal, Apapa Port to provide right of way for the Chinese Civil Engineering Construction Corporation to finish the laying of the standard gauge track. ...

December 18, 2020 No Responses

SEC Nigeria, FSD Africa Begin Master Plan Review

By ebosele@hotmail.com — The Securities and Exchange Commission, Nigeria (SEC Nigeria) and Financial Sector Deepening (FSD) Africa on Thursday announced the start of a joint review of Nigeria’s 10-year Capital Markets Master Plan (CMMP) as part of...

December 15, 2020 No Responses

Manufacturers Decry High Costs Of Raw Materials

Small and Medium Scale Manufacturers in Edo have decried the persistent hike in the prices of raw materials used in the production of some finished goods in the state. Some of the manufacturers, who spoke with the News Agency of...

December 12, 2020 No Responses

Tony Elumelu Foundation Partners EU On Economic Empowerment For 2,500 African Women In 2021

The Tony Elumelu Foundation (TEF), Africa’s leading philanthropy committed to empowering young African entrepreneurs, has announced a partnership with the European Union to identify, train, mentor and fund 2,500 young African women entrepreneurs in 2021.&nbs...

December 12, 2020 No Responses

Etisalat Names Hyundai Urban Air Mobility Vision Concept “Best Innovations in 2020”

Etisalat, a leading telecommunications company in Africa and the Middle East, and GITEX host, has named Hyundai S-A1 to its “Best Innovations in 2020” list and invited Hyundai Motor Group to its 2020 game-changing technology. I...

December 9, 2020 No Responses

A’Ibom Budgets N456.26b For 2021

The Akwa Ibom House of Assembly on Tuesday passed the 2021 Appropriation Bill of N456.25 billion. The 2021 budget as passed by the assembly is made up of N164.52 billion recurrent expenditure, N241.45 billion for capital expenditure and N50.29 billion...

December 7, 2020 No Responses

Experts Proffer Leeway For Post COVID-19 Nigerian Economy

For the Nigerian economy to survive the negative impact of COVID-19 pandemic, some stakeholders in the financial market have offered solutions that would help boost the economy. Speaking at the weekend in Lagos, Uche Uwaleke, a Financial Economist and a....

December 7, 2020 No Responses

SEC Nigeria Decries Low Participation Of Retail Investors

The Securities and Exchange Commission (SEC) has intensified efforts to attract more retail investors into the nation’s capital market. SEC’s Director-General, Dr Lamido Yuguda, made the disclosure while addressing participants at the 2020 Annual wor...

December 7, 2020 No Responses

Oniru Woos Hilton Hotel Group To Victoria Island

The Oniru of Iru Kingdom in Lagos, Oba Omogbolahan Lawal, has urged Hilton International hotel group to invest in the tourism sector of the city. Lawal stated this when he received the management of Hilton International Group and Africa Alliance...