Auto Policy: FG Insists on July 1 Date Auto Policy: FG Insists on July 1 Date

Auto Policy: FG Insists on July 1 Date

Engineer Aminu Jalal, director- general of the National Automotive Council (NAC) has reiterated federal government’s insistence on July 1, 2014, as date for the full implementation of the Nigerian Automotive Industrial Development Plan (NAIDP).   Jalal revealed this in a statement during the flag off of the Peugeot 301 production in Nigeria, and commissioning of [...]

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ITF Partners SENAI on Capacity Building ITF Partners  SENAI on  Capacity  Building

ITF Partners SENAI on Capacity Building

The Industrial Training Fund (ITF) has entered into partnership with SENAI of Brazil to empower its staff with technical assistance.   Dr Juliet Chukkas-Onaeko, director general of ITF, who revealed this at a recent media parley in Lagos, said the collaboration was based on a bilateral technical cooperation agreement with Brazil, which is aimed at [...]

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FG’s Competition, Consumer Protection Policy Out Soon

FG’s Competition, Consumer Protection Policy Out Soon

By Canice Opara   The federal government’s new competition and consumer protection policy will soon be out. This is aimed at tackling unfair business practices, in order to provide fair and competitive environments for industry, trade and investment to thrive in the country.   It will also address the various trade concerns, and provide a [...]

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Jonathan Commissions 105,000 Metric Tonnes Rice Mill in Nassarawa Jonathan  Commissions  105,000 Metric  Tonnes Rice Mill  in Nassarawa

Jonathan Commissions 105,000 Metric Tonnes Rice Mill in Nassarawa

President Goodluck Jonathan has commissioned a 105,000 metric tonnes Olam integrated state of-the-art rice mill at Rukuba Community in Nassarawa State recently.   Jonathan also used the occasion to direct Dr. Akinwunmi Adesina, the minister of Agriculture and Rural Development to facilitate the process of making Olam Nigeria’s Rukuba Community, one of the Staple Crops [...]

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News

N80bn Assets: Stakeholders Kick Against Compulsory Listing of Companies

N80bn Assets:  Stakeholders Kick Against Compulsory Listing of Companies

The bill before the House of Representatives seeking to compel private firms with assets in excess of N80 billion to be listed on the Nigerian Stock Exchange (NSE) may suffer a setback. Some stakeholders who believe that it is wrong to compel any business organisation to list on the NSE which may be against its [...]

Jul 21, 2014 8:51

IT

Ericsson Prepares Telefonica Network for World Cup

Ericsson Prepares Telefonica Network for World Cup

Stories by Lawson Ovih   Ericsson key event experience solution has been implemented to support Telefonica Vivo in 2014 World Cup held in Brazil. The solution used at events that usually lead to a drastic increase in mobile traffic was used for the first time in Brazil by the operator. It enhances the perceived quality [...]

Jul 21, 2014 18:18

Money World

NSE ASI Depreciates by -0.06%, as turnover Advances by 8.41%

NSE ASI Depreciates by -0.06%, as turnover Advances by 8.41%

By Temitope Aluko   The equities market last weekend, like the previous week ended on a negative note as the Nigerian Stock Exchange All Share Index (NSE ASI) depreciated by -0.06% to close at 42,891.82 basis points, compared with the -0.08% depreciation recorded in the previous week. While its Year-to-Date (YTD) returns currently stands at [...]

Jul 21, 2014 12:23

Economy

LCCI Decries Oshodi-Apapa Expressway Gridlock

LCCI Decries Oshodi-Apapa Expressway Gridlock

By Canice Opara   The Lagos Chamber of Commerce and Industry has lamented over state of the Apapa-Oshodi expressway, which has slowed activities of business in the state. It said this and other access roads to the ports in Lagos are destroying businesses and the economy of the country at large.   This was made [...]

Jul 21, 2014 13:20

Recent Articles

Has Africa Lost its Place at the Head of the Global Mobile Payments Innovation Race?

From the moment M-PESA launched in Kenya in 2007, Africa was heralded as  the undisputed leader in the innovation and adoption of mobile payment services. Today, more than 17 million Kenyans use M-PESA, and in 2013 a   full quarter of the country’s GDP passed through the service. But is Africa still leading the global [...]

NSE ASI Depreciates by -0.06%, as turnover Advances by 8.41%

NSE ASI Depreciates by -0.06%, as turnover Advances by 8.41%

By Temitope Aluko   The equities market last weekend, like the previous week ended on a negative note as the Nigerian Stock Exchange All Share Index (NSE ASI) depreciated by -0.06% to close at 42,891.82 basis points, compared with the -0.08% depreciation recorded in the previous week. While its Year-to-Date (YTD) returns currently stands at [...]

Union Bank, Wakanow Makes Travel Easy

Union Bank, Wakanow  Makes Travel Easy

By Chinedu Ohiri   Union Bank of Nigeria plc has entered into partnership with Nigeria’s leading travel agent Wakanow.com.   The partnership is going to provide a global limit of one billion for Wakanow and its affiliated agent. Mr. kingsley Ulinfun , the Head of Commercial Banking an Regional Executive said that Union Bank is [...]

Ecobank Proves Commitment to Customers with Premier Banking

Ecobank Proves  Commitment to  Customers with Premier  Banking

Temitope Aluko   Ecobank Nigeria in its continuous effort of delivering qualitative service to its numerous customers has unveiled Premier Banking Service targeted at high worth customers of the bank.   The Premier Banking helps personalizes banking services that suits the life style of the customers and also provides additional value beyond everyday banking.   [...]

SWI Upgrades Nigeria on Transparency Index

SWI Upgrades Nigeria on  Transparency Index

The Sovereign Wealth Institute has upgraded the Nigeria Sovereign Investment Authority from four to nine points on its Linaburg-Maduell Transparency Index.   The transparency index was developed at the SWI by Carl Linaburg and Michael Maduell and is a method of rating transparency in respect to sovereign wealth funds, a statement by the NSIA said. [...]

Naicom Canvass for Terrorism Insurance

Naicom Canvass for Terrorism Insurance

  Chinedu Ohiri   The National insurance commission of Nigeria (Naicom) is making plans to introduce terrorism insurance in the country.   Mr. Fola Daniel disclosed it while briefing journalist recently and that will soon come out with a policy to guild.   Companies operating in the country are going to be the ones that [...]

Amcon: Waiting for American to Save Nigerian Investors, Capital Market Image