Business Magnet Aliko Dangote has thrown its weight behind the revival of the Nigerian textile industry. Speaking at the 50th Annual General Meeting (AGM) of the Manufacturers Association of Nigeria (MAN) he…
Category: Business
FG plans to sell, lease NIPOST, TBS, other national assets
As the federal government scrambles for funds to finance a huge budget deficit and service the burgeoning debts, it has compiled a list of national assets that could either be sold or…
Southeast missing as NNPC announces Five new Vice Presidents
The Nigerian National Petroleum Company Limited (NNPC) has been restructured to accommodate five new presidents needed to drive the oil company’s performance. The Punch reported that the five persons, including executive directors,…
CBN completes sales of Polaris Bank to SCIL
THE Central Bank of Nigeria (CBN) and the Asset Management Company of Nigeria (AMCON) have formally announced the completion of a Share Purchase Agreement (SPA) for the acquisition of 100% of the…
Bank Opens Fashion programme application, winners get $20,000
Fashion designers, entrepreneurs, and business owners are asked to apply for the Africa Development Bank (AfDB) Fashionomic Africa incubator and accelerator programme via the bank’s call for proposals. The eight-week programme will…
Independence offer: Details Of Ongoing Uptown Courts By EUC Homes Emerge
PROMO PROMO PROMO TAKE ADVANTAGE OF OUR ONGOING INDEPENDENCE OFFER @ UPTOWN COURTS BY EUC HOMES With UPTOWN COURTS by EUC Homes, You can buy and build estates with flexible payment plan…
Report: Nigerian students, dependants contribute £1.9bn to UK
Nigerian students and their dependants in the United Kingdom have contributed an estimated £1.9bn to the economy of the UK in one year, according to an analysis by SBM Intelligence. The…
Just In: Minister confirms the completion of second Niger Bridge
The Minister of Works and Housing, Babatunde Fashola, on Wednesday, confirmed that the construction of the 2nd Niger bridge is now completed and will soon be released to the public for use….
MD Jaiz Bank: Islamic banking is purely business
Dr. Siraju Salifu, the new Managing Director of Jaiz Bank, Nigeria’s first Islamic and non-interest bank, stated on Tuesday that the bank was purely a business venture. He also stated that…
Just In: Naira gains marginally, exchanges at 441.25 to dollar
The Naira on Monday appreciated slightly against the dollar at the Investors and Exporters window, exchanging at N441.25. The figure represented an increase of 0.03 per cent compared with the N441.38…