Day: March 6, 2017

‘FCMB Millionaire Promo Season 4’ designed to up financial inclusion, saving culture

• Banking & Fintech

‘FCMB Millionaire Promo Season 4’ designed to up financial inclusion, saving culture

Business Hilights March 6, 2017

The reigning promotion of the First City Monument Bank (FCMB) Limited which kicked off since March 1...

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2016 Budget recorded paltry 55% implementation, N1.1tr shortfall in revenue

• Banking & Fintech

2016 Budget recorded paltry 55% implementation, N1.1tr shortfall in revenue

Business Hilights March 6, 2017

Contrary to earlier claims by the Minister of Finance, Mrs. Kemi Adeosun that the running 2016 national...

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Recession, others shrink manufacturing sector’s stake to GDP by N80bn in 2016—NBS

• Investment & Opportunities

Recession, others shrink manufacturing sector’s stake to GDP by N80bn in 2016—NBS

Business Hilights March 6, 2017

Fresh report from the National Bureau of Statistics (NBS) has shown that the manufacturing sector’s contribution to...

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Investors, PEPs returning back to Imo as Police, DSS dislodge kidnapping ring

• Investment & Opportunities

Investors, PEPs returning back to Imo as Police, DSS dislodge kidnapping ring

Business Hilights March 6, 2017

Feelers from Owerri, the Imo State capital have shown that business peace is fully back following the...

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Maduka, Coscharis founder, named ‘Investor of The Year 2016’

• Investment & Opportunities

Maduka, Coscharis founder, named ‘Investor of The Year 2016’

Business Hilights March 6, 2017

Leading newspaper, The Sun has named President of Coscharis Group, Dr. Cosmas Maduka, as the Investor of...

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Police continues prosecution of alleged Zinox Technologies blackmailer

• Investment & Opportunities

Police continues prosecution of alleged Zinox Technologies blackmailer

Business Hilights March 6, 2017

The Nigerian Police is to continue the prosecution of a case involving Benjamin Joseph, an Enugu indigent...

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Only law can compel IOCs to relocate operational headquarters to Niger Delta—Lawyer

• Energy

Only law can compel IOCs to relocate operational headquarters to Niger Delta—Lawyer

Business Hilights March 6, 2017

Lagos constitutional lawyer, Moses Mekson has said that no amount of presidential directives of official commands will...

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Industries decry planned 30 days power blackout by Ikeja Electric

• Energy

Industries decry planned 30 days power blackout by Ikeja Electric

Business Hilights March 6, 2017

Since the announcement weekend by the management of one of the Discos operating Lagos, Ikeja Electric (IE)...

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US raised imports of Nigerian oil to 76.9mb last year from 19.9mb in 2015—USEIA

• Energy

US raised imports of Nigerian oil to 76.9mb last year from 19.9mb in 2015—USEIA

Business Hilights March 6, 2017

Contrary to speculations that the United States drastically reduced imports of Nigerian oil since last two year,...

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Ibaka deep sea scheme provided for in the 2017 budget—Osinbajo reveals

• Energy

Ibaka deep sea scheme provided for in the 2017 budget—Osinbajo reveals

Business Hilights March 6, 2017

The Acting President, Prof. Yemi Osinbajo has calmed frayed nerves in Akwa Ibom State that the proposed...

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