Headlines News

Buhari secures $15bn deal with Shell in UK

Ihesiulo Grace 20 April 2018 0

President Muhammadu Buhari, has secured investment worth $15 billion with Shell multinational oil company. Buhari, met in UK with the top management staff of Shell on Wednesday as part of talks he said were to secure investment into the country. “I saw Shell Group, they came here, they

News Nigeria

No going back on making Lagos water ways cleaner, safer – Ambode

Ihesiulo Grace 2 April 2018 0

…As Boat Regatta holds amidst glitz, glamour Lagos State Governor, Mr. Akinwunmi Ambode on Sunday said his administration will not waver in making the right investment in the coastline asset of the State especially in making it cleaner and safer to boost water transportation and tourism. Governor Ambode, who said this at the 2018 edition […]

Business

FCMB investing N1b in Abia youths – Executive Director

Ihesiulo Grace 18 March 2018 0

The First City Monument Bank, FCMB says, it is partnering with state Governments to ensure that youths in the country are assisted in their entrepreneurial skills where youths that are currently unemployed and had just finished school and have very brilliant business ideas will be supported by their various states. Addressing newsmen in Umuahia, on […]

News

We shall prioritize staff welfare – Perm Sec

Ihesiulo Grace 1 March 2018 0

The Permanent Secretary of Federal Ministry of Industry, Trade and Investment, Mr. Edet Akpan has stated that the Ministry will prioritize settlement of all outstanding allowances of staff including repatriations, death benefits and others despite paucity of funds. This was contained in a statement signed by Josephine Ademu, Head, Press Unit of the Ministry on […]

Business

Dangote’s investments in Lekki Free Zone to earn Nigeria N8trn annually

Ihesiulo Grace 1 March 2018 0

Aliko Dangote, President/CEO of Dangote Group, on Wednesday, said his investments in the Lekki Free Trade Zone will earn the Nigeria N8 trillion turn over annually. The Africa richest man who spoke at the opening of the inaugural edition of the Lagos-Kano Economic and Investment Summit held at the Jubilee Chalets in Epe, Lagos, said […]

Features

Why retail investors shun collective investment scheme

Ihesiulo Grace 24 December 2017 0

Understanding of operating mechanism of Collective Investment Schemes and retail investors’ rights in the scheme, may be attributable as some of the reasons retail greater number of retail investors still shun CIS. Pointer to his emerged recently when, at a stakeholders’ meeting, it was disclosed that investment advisers and fund managers, may out of their […]

News

Buhari assures better investment in health sector

Ihesiulo Grace 22 December 2017 0

President Muhammadu Buhari has pledged that the Federal Government will increase investment in the health sector, so that the country can halt the loss of well trained professionals to other lands. Receiving the executive members of Medical and Dental Consultants Association of Nigeria (MDCAN) at State House, Abuja on Thursday, the President appreciated the concern […]

Business

Gov Tambuwal, Chinese envoy seek closer ties on economy

Ihesiulo Grace 4 December 2017 0

Governor Aminu Waziri Tambuwal has reiterated his administration’s determination to make Sokoto an economic and industrial hub, and a preferred investment destination in the country. He stated this when the Ambassador of the Peoples Republic of China to Nigeria, Mr. Zhou Pingjian, paid him a courtesy visit at Government House, Sokoto. “We are working round […]

Brands and Marketing

How stakeholders ‘activities impact CSR

Ihesiulo Grace 27 November 2017 0

Corporate Social Responsibility (CSR), has become one of the standard business practices all over the world. For companies committed to CSR, it means kudos and an enhanced overall reputation – a powerful statement of what they stand for in an often cynical business world- to their unique role. The establishment of a CSR strategy (sometimes […]

Business News

N-Power: Job portal opens for Nigerian youths

Ihesiulo Grace 21 November 2017 0

The applicants for the 2017 N-Power, the employment scheme of the Federal Government can now start checking their pre-selection status on the portal, www.npower.gov.ng/n-power/check. ‎ The N-Power Volunteer Corps is part of the FG’s Social Investment Programmes, SIP, under which it plans to hire 300,000 unemployed graduates in 2017. After a brief silence, N-Power reopened

Analysis

FG’s oil, gas reforms fast-tracking private sector-led investments – Osinbajo

Ihesiulo Grace 7 November 2017 0

The Vice President Professor Yemi Osinbajo Solicits private sector cooperation in the realization of FG’s clean energy economy initiative. He also solicits the cooperation and support for the clean energy economy efforts as well. He made this request at the 55th anniversary celebration of oil producers’ trade section (opts) of the Lagos Chambers of Commerce […]

Edo Times

Alaghodaro investment summit: Conglomerates, MSMEs jostle for sponsorship deal

Ihesiulo Grace 2 November 2017 0

As preparations rev up for the maiden Edo State Alaghodaro Investment Summit, small, medium and large-scale companies are jostling for sponsorship slots of the high profile event which will host over 3000 participants. According to the organisers, sponsors may be categorised into Platinum, Gold, Silver and bronze right holders to accommodate the deluge of sponsorship […]

News

FG launches Agribusiness Resource center

Ihesiulo Grace 29 October 2017 0

The Federal Ministry of Agriculture and Rural Development has launched the Nigeria Agribusiness Resource Center for Agricultural Investment in Nigeria. Performing the launch in Abuja on Friday, the Minister of Agriculture and Rural Development, Chief Audu Ogbe, represented by the Permanent Secretary in the Ministry, Dr. Bukar Hassan, said: “In line with the economic

Capital Market

FBNH’s Ani-Mumuney, Mimiko appointed as Directors, as Q3 profit peaks at N45.8bn

Ihesiulo Grace 28 October 2017 0

FBN Holdings Plc has reflected the harsh operating environment challenges in its Q3 2017 unaudited result, which showed mixed performance for the group, while the company thrives to overcome its loss position as at the end of 2016 financial year. This is coming as Babatunde Mimiko has been appointed, Executive Director, FBN General Insurance, while […]

Business News

Obaseki, Fayemi, Onyema discusses Nigeria investment opportunities at LSE

Ihesiulo Grace 28 October 2017 0

Titus Akhigbe, Benin As more transnational companies, multilateral organisations and several trade missions swell the numbers and ranks of participants in the maiden edition of Alaghodaro Investment Summit, the Governor of Edo State, Mr. Godwin Obaseki, was at the London Stock Exchange on Friday to speak to companies listed on the London bourse about the […]

Business Money

Wema Bank: Shareholders approve capital reconstruction exercise

Ihesiulo Grace 22 October 2017 0

. Records 16.79% growth in gross earnings Q3’2017 As part of effort in achieving its targeted clean clear balance sheet, Wema Bank Plc, has received the approval of its shareholders towards the attainment of its Scheme of Capital Reorganisation exercise. This is just as the lender continued to show signs of resilience, despite the economic […]

Business

Dangote to Showcase $1.5bn Investment in Edo at Alaghodaro Summit

Ihesiulo Grace 20 October 2017 0

Titus Akhigbe,Benin As preparations hit top gear for the Edo State Investment Summit tagged Alaghodaro 2017, international industrialists including the Mahindra Group of India, Tolaram Group from Singapore and Dangote Group are set to showcase their over $1.5bn investment outlay in the state. The companies are billed to share their experiences, prospects and insights from

Business Capital Market News

Suspended Oando assuages shareholders, to release offical statement soon

Ihesiulo Grace 19 October 2017 0

Afolabi Adesola Oando Plc has reacted to the suspension and forensic audit directives from Nigeria’s Securities and Exchange Commission (SEC). The energy firm in a statement released via the Nigerian Stock Exchange (NSE) late Wednesday noted that “The Company is currently reviewing subsequent correspondence received from the NSE and SEC and will provide a full

Business Economy

‘No better time than now to invest in Nigeria’ – Rendeavour

Ihesiulo Grace 25 September 2017 0

Senior officials of the Federal Government joined representatives of the Nigerian private sector and American investors to discuss ease of doing business and foreign investment at the Nigeria-U.S. Business and Investment Forum in New York on Tuesday 18 September. Minister of Foreign Affairs, Geoffrey Onyeama, the official representative of President Muhammadu Buhari at the

Business Economy Headlines

Lagos is foreign investors’ favourite destination in Nigeria

Ihesiulo Grace 23 August 2017 0

The National Bureau of Statistics on Tuesday released the capital importation report, stating that investment inflows into the country rose by 95.02 percent from $884.1m in the first quarter of this year to $1.79bn in the second quarter. While on year on year, this was an increase of 43.6% from the $1.042.2 recorded in Q2 […]