Business

Dwindling economy: NACCIMA urges businessmen to remain positive

As the economic downturn continues to weigh heavily on businesses across the country, the Nigeria Association of Chambers of Commerce, Industry, Mines and Agriculture, NACCIMA, has called on business operators to shun discouragement and remain positive in their endeavours.

National President of [...]

Sun, 28 February 2016


FG to empower 740,000 youth through agric-business

The federal government has shown interest in carrying on with the Youth Employment in Agriculture Programme, YEAP, introduced by former President Goodluck Jonathan, with a plan to empower 740,000 Nigerians through the programme.

The YEAP programme which was launched in December 2014, aims at cr [...]

Sun, 28 February 2016


Crude oil activities drop, as prices nose-dive

As the prices of crude oil slides downward, exploration and refining activities also seems to have taken similar pattern, with the volume of Crude Oil production dropping by 101,001,899.00 (bbls) between 2013 and 2014.

According to the Selected Oil and Gas Data, crude oil production had dropped [...]

Sun, 28 February 2016


$5.2billion fine: FG, MTN settle out of court

The protracted legal tussle between the Nigerian government and the South African telecommunication company, MTN Nigeria, may have finally been laid to rest as the telecoms company, last week, paid an initial sum of N50billion to the federal government.

The payment could be an off-shot of the e [...]

Sun, 28 February 2016


Federal allocation drops by N17.4billion in January

Allocations to the three tiers of government have continued to drop as disbursement for the month of January 2016 witnessed a N17.4billion drop from the previous allocation.

Figures from the last Federation Accounts Allocation Committee, FAAC meeting suggest that federal, states and local gover [...]

Sun, 28 February 2016


Non BVN accounts remains dormant until…CBN

The Central Bank of Nigeria, CBN, has allayed fears of bank customers yet to link their accounts with their Biometric Verification Number, BVN, stressing that such accounts will be considered as a ‘No Customer Initiated Debit’ accounts, until the accounts are successfully sorted out.

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Sun, 28 February 2016


Grand finale draws of FCMB Millionaire Promo Season 2 in Abuja.

L-R: ASP Mustapha Lukman, Regional Director, North, First City Monument Bank, Adamu Abubakar, winner of a Star Time decoder, Adamu Mohammed, and Zonal Head, FCT 1, FCMB, Baldwin Onuigbo during the grand finale draws of FCMB Millionaire Promo Season 2 in Abuja

Sun, 21 February 2016


A roundtable by the Small and Medium Enterprises Development Agency in Nigeria, SMEDAN, recently in Abuja.

L-R: Programme Director, Global Initiative for Peace, Love and Care, Haruna Awa, Business Developer, Afe Global Development Foundation, Jones Ufot and Founder, AGDF, Elvis Orejobi during a roundtable by the Small and Medium Enterprises Development Agency in Nigeria, SMEDAN, recently in Abuja.< [...]

Sun, 21 February 2016


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