Business News Archives — Page 35 of 48

March 17, 2020 No Responses

Cosmas Maduka Bags Multiple Awards

Credible recognitions came the way of the founder of the respected wholly owned Nigerian conglomerate, Coscharis Group, Dr. Cosmas Maduka recently when he was honoured on three different platforms in his capacity as an entrepreneur per excellence. A statement issued...

March 16, 2020 No Responses

Maritime Stakeholder Laud New NIMASA Management

More stakeholders in the maritime industry have commended the new executive management team appointed by President Muhammadu Buhari for the Nigerian Maritime Administration and Safety Agency (NIMASA) led by Dr. Bashir Jamoh. According to the Stakeholders...

March 16, 2020 No Responses

NEITI: Nigeria Earns N69.47b From Solid Minerals Sector In 2018

Nigeria earned N69.47 billion from the Solid Mineral sector in 2018, the Nigeria Extractive Industries Transparency Initiatives ( NEITI), has disclosed. NEITI disclosed this in its latest audit report of the solid minerals sector released on Sunday in Ab...

March 16, 2020 No Responses

SEC Capital Market Institute Expands Operations

As part of measures to provide excellent capital market education to stakeholders, the Nigerian Capital Market Institute (NCMI) is to operate from three centres. This was stated by acting Director-General of the SEC, Ms. Mary Uduk during a meeting with...

March 15, 2020 No Responses

Container Lines May Lose 17m TEU In 2020

It can no longer be ruled out that the container shipping industry might be looking at developments similar to the financial crisis of 2008, SeaIntelligence said, referring to the impact of the coronavirus pandemic. “This implies a potential volume loss...

March 14, 2020 No Responses

Bill Gates Steps Down From Microsoft Board

Microsoft co-founder Bill Gates is stepping down from the company’s board to spend more time on philanthropic activities. He says he wants to focus on global health and development, education and tackling climate change. One of the world’s richest ...

March 14, 2020 No Responses

Access Bank Sets Aside N1b For DiamondXtra Season 12

Access Bank Plc on Friday unveiled DiamondXtra season 12 savings promo to boost savings culture and drive Federal Government’s financial inclusion initiative. The bank’s Executive Director, Retail Banking, Mr Victor Etuokwu, explained at the launch in Lago...

March 14, 2020 No Responses

Zamfara, Dubai Firm Seal MoU On Surveillance Helicopters

Governor Bello Matawalle of Zamfara State has signed a Memorandum of Understanding (MoU) with Dubai-based Worldwide Jet Aviation SA, for helicopters to carryout aerial surveillance on criminal hideouts in the state. A statement signed by Zailani Bappa, t...

March 13, 2020 No Responses

Coronavirus Crashes Global Stock Markets

Shares around the world have plunged as investors fear the spread of the coronavirus will destroy economic growth with government action insufficient to arrest the decline. The main UK index dropped more than 10% in its worst day since 1987....

March 13, 2020 No Responses

Aisha Buhari Seeks Enabling Environment For Private Hospitals

First Lady, Federal Republic of Nigeria, Dr. Mrs. Aisha Muhammadu Buhari has advocated for a review of the interest rates associated with loans from both commercial and development banks granted for the establishment of private hospitals and the provision of.....

March 12, 2020 No Responses

FG Approves N13b For Pest Control In States

The Federal Executive Council (FEC) on Wednesday in Abuja approved N13.9billion for the purchase of insecticides for pest control in states affected by quelea birds. The Minister of Agriculture and Rural Development, Alhaji Sabo Nanono disclosed this when he a...

March 12, 2020 No Responses

Stocks Fall As US Imposes EU Travel Ban

Asian stocks traded sharply lower after President Donald Trump suspended all travel to the US from mainland Europe in a bid to slow the spread of the coronavirus. It followed steep losses on Wall Street, with the Dow Jones plunging...

March 11, 2020 No Responses

Nigeria Consulate Suspends Emergency Passport Services

The Consulate General of Nigeria in New York has suspended emergency passport services due to shortage of old booklets. In a notice dated March 6, 2020, the consulate said that only applicants on appointment would be attended to in the...

March 10, 2020 No Responses

Anxiety As Global Recession Looms

A global recession is now almost inevitable this year, the Chief Executive Officer of one of the world’s largest independent financial advisory and services organizations, Nigel Green, has said The warning from Nigel Green, chief executive and founder of deV...