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Revilatise Nigeria Bussiness Summit

Kede Aihie

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Africa: Land of Opportunity

Esosa Aihie

As we look towards the future, it is clear that Africa is more important than ever to the security and prosperity of the international community and to the United States in particular,’ said President Obama during the unveiling of his new strategy for Africa.

Earnings from Solid Mineral Sector Will Surpass Oil

Abuja – A presidential aide, Prof. Sylvester Monye said that earnings from a well-established solid mineral sector would surpass revenue from the oil sector.

NIGERIA: FEDERAL GOVERNMENT SET TO CREATE MARKET FOR SMALL BUSINESSES

The Federal Government is set to improve the Small and Growing Businesses’ access to both local and international markets in its drive to boost the growth and development of the sector.

SEC chiefs draw the sword as feud heightens

The on-going hearing by the House committee on the capital market has become the latest battle ground for the bitter feud among executives of the Securities and Exchange Commission (SEC) where a clear out of most of the leadership is expected next month, following the expiration of the term of the executive commissioners.

Withdrawal of $15bn by foreign investors compounds capital market’s woes – CBN

Jacob Segun Olatunji and Kolawole Daniel

THE Central Bank of Nigeria (CBN), on Wednesday, further gave an insight into the near collapse of the nation’s capital market, saying that the withdrawal of over $15 billion by foreign investors in the wake of the global meltdown, as well institutional abuse, exacerbated the crisis facing the sector.

Westminster Group enters 10-year franchise agreement in Nigeria

Andre Lamberti

The new franchise agreement with investors in Nigeria is worth a minimum of £1.7 million in fees over the 10-year term of the agreement

Things to Know Before Taking a Home Mortgage

Mary Johnson/tradestable.com.ng

You’re thinking about ditching the apartment or condominium life and buying a new home for the first time. You don’t know a lot about home mortgages and you don’t know whom to ask to find the answers to your questions. And the thought of a loan scares you. For a first-time home buyer, these thoughts and concerns are completely normal.  Hearing words like “pre-approved”, “low fix APR”, “adjustable mortgage” can all be scary. Read through our list of things to know before taking a home mortgage.

Cameron Reaches Out to Jonathan over BA, Virgin Atlantic

Yemi Ajayi/Thisday

The federal government may have to tactically back down on its hardline stance over the exorbitant airfares being charged on the Lagos/Abuja-London routes by British Airways and Virgin Atlantic Airways respectively,

Nigeria: CBN to spend N87.8bn on currency management

The apex bank said the 2012 figure “covers the activities of currency issuance and management, cost of liquidity management and financial sector stability, including the specialised banking initiative.”

Africa Rising, Nigeria Shining

Esosa Aihie

Africa is receiving unparallel attention from large global companies with Nigeria seen as the shining light for investment due to the substantial opportunities in energy and natural resources, agriculture and agri business, construction and real estate, financial services telecommunications, manufacturing and consumer goods.  

CASH POLICY MODALITIES FOR CASHLESS LAGOS

MODALITIES ON IMPLEMENTATION OF CASH POLICY FOR CASH-LESS LAGOS

Rice: Nigeria must be self-sufficient in 4 years -FG

Collins Nnabuife and Paschal Okeke

The Minister of Agriculture, Dr Akinwumi Adesina, has said Nigeria must become self-sufficient in rice production in the next four years.

Federal Government Establishes National Gas Transportation

According to Thisday, Nigeria has recorded a significant milestone in the development of its natural gas for
both domestic use and exports, as the first phase of the National Gas Transportation Network Code that will
guide access to gas transmission network had been completed.

FOREIGN OIL FIRMS OPPOSE PETROLEUM INDUSTRY BILL

Petroleum Industry Bill (PIB) is Nigerian government’s attempt to restructure the
Nigerian oil industry which will also enforce sustainability, transparency and greater
Nigerian control over her natural resources is staunchly opposed by foreign oil
companies and their government.

The proposed bill is considered too revolutionary by foreign interests, a situation that
led to the emergence of a coalition designed to frustrate its passage into law. The
oil companies, made up largely of Shell, Exxon Mobil, Chevron, Texaco and Total,

Nigeria to Inject $4.5B Into Nationalized Banks - Bloomberg

Nigeria will inject 679 billion naira ($4.5 billion) through bond sales today into three banks nationalized by the government this weekend, a further step in restoring stability in the banking system of Africa’s biggest oil producer.

Real reasons FG, IOCs, signed gas supply agreement - Alison-Madueke

The signing of two critical agreements between the Federal Government and international
oil companies in Nigeria has guaranteed 70 percent supply of the total power sector gas
requirements in the country, immediate past minister of Petroleum Resources, Diezani
Alison-Madueke, has said.

Jonathan unfolds fresh plan to boost economy

 

PRESIDENT Goodluck Jonathan on Wednesday 12 April, promised that he would use the
private sector and Nigerians in Diaspora to drive the nation’s economy in the next four years.

The Official site of the Nigerian Stock Exchange

 

The Official site of the Nigerian Stock Exchange