Business News Across The Nation

Minister urges miners to unify associations

John Ofikhenua  | Monday, August 9th, 2010
To ensure sustainable development of the mining industry, the Federal Government has advised mining operators in Nigeria against the formation of multiple unions.

The Minister of Mines and Steel Development, Arc.Musa Mohammed Sada gave...

NSE: New agenda for emerging leadership

Simeon Ebulu, Nduka Chiejina, Collins Nweze, Ajiba | Monday, August 9th, 2010
As expectations remain high for the incoming leadership of the Nigerian Stock Exchange Simeon Ebulu, Nduka Chiejina, Collins Nweze, Ajibade Akinola and Toba Agboola analyse the germane issues that need to be addressed to put the exchange on track by ...

ODUACIMA unveils third international trade fair logo

Bisi Oladele  | Monday, August 9th, 2010

The Odu’a Chambers of Commerce, Industry, Mines and Agriculture (ODUACCIMA) has launched a new initiative to boost commerce and agriculture in the South West as it launched its third international trade fair/ehibition logo in Ibadan.
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CNPP hails SEC over Okereke-Onyiuke’s removal

Gbenga Omokhunu  | Monday, August 9th, 2010

THE Conference of Nigerian Political Parties (CNPP) has commended the sack of the erstwhile Director-General (DG) of the Nigerian Stock Exchange (NSE), Prof.Ndi Okereke-Onyiuke and the suspension of the President of the Exchange, Alhaji Aliko...

World Bank laments debt management in Nigeria

Victor Oluwasegun  | Tuesday, August 3rd, 2010
The World Bank has decried the poor debt management tradition in Nigeria and other poor countries.

Mr. Onno Ruhl, World Bank Country Director, made the claim yesterday while speaking at the second and final day of a 2-day workshop on ...

MTN introduces free weekend calls

Our Reporter  | Tuesday, August 3rd, 2010
MTN has launched new products that will ensure that its customers enjoy more call time at highly reduced costs in its market segments.
At a media launch in Lagos , the telecoms company announced the new Value Proposition Packages (VPP), which ...

Non-oil sector loses N3b monthly for negligence’

Franca Ochigbo | Tuesday, August 3rd, 2010
Mr Paul Ikechukwu Nkadi,a leading exporter in the agro-allied industry, has decried Nigerians over reliance on the oil sector, saying as a result of this, the nation loses N3billion monthly.

Mr Nkadi disclosed this during a a pre-even...

FinBank rakes in N2.3b profit in half-year

Our Reporter  | Tuesday, August 3rd, 2010
FinBank Plc has improved its financial performance with a record profit after tax of N2.3billion in the half year which ended on June 30, 2010, an improvement over the N2.2billion recorded in the half-year result for 2009.

The June 2...

Oil price drops below $77 as fears over cyclone abate

Our Reporter | Thursday, July 1st, 2010
Oil price which soared to $78.86 per barrel on Friday over fears of hurricane thought to hit oil rigs in the Gulf of Mexico (GoM) has dropped below $77 a barrel yesterday when it was discovered that Tropical Storm Alex would likely miss most of the r...

N2.5b waiver controversy: Fed Govt to withdraw suits as Vaswani brothers return

Yusuf Alli | Thursday, July 1st, 2010
FollowinG a presidential reprieve, there were strong indications yesterday that the Federal Government may withdraw its appeal against nullification of the deportation of the Vaswani brothers.
It was also learnt that the Vaswani brothers have ...


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