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Casual sector will raise pension market beyond N9.03 trn possessions size–...

By Peter Egwuatu, Assistant Business Editor Director General, National Pension Commission (PenCom), Mrs. Aisha Dahir-Umar, in this interview, speaks on Micro Pension Plan (MPP) and how informal sector would lift pension industry through the Contributory Pension Scheme (CPS). She also speaks on the commitment of Pencom in attracting more investible funds into the economy among…

Cooking gas costs decrease by 1.7%

By Prince Okafor Prices of Petroleum products across the 36 states of the federation witnessed a significant decline in the month of May, 2019, with the price of cooking gas decreasing by 1.7 percent. Cooking Gas Nigerian Bureau of Statistic, NBS, said in its latest report on the prices of Liquefied Petroleum Gas, LPG, stated…

Gains for FG’s financial policies as financiers besiege KFTZ

BY Victoria Ojeme The Kano Free Trade Zone (KFTZ) is a duty free industrial area where goods are brought into, manufactured, reconfigured for transshipment. Oil set for worst week in 6 months as crude stockpiles surge(Opens in a new browser tab) As a free trade zone, it is a fertile ground for the influx of…

Emefiele ensures on single-digit interest funding window for MSMEs at Obaseki’s...

…24hrs electricity, other support initiatives to boost industrialisation – gov The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, has assured entrepreneurs set to commence operations at the Edo Production Centre, of the availability of favourable financing options through the apex bank’s NIRSAL National Microfinance Bank, to complement other incentives for industrial…

SME: NACC to hold 3rd African food & & items exhibit

By Naomi UzorThe Nigerian American Chamber of Commerce, NACC, yesterday said it is set to hold its 3rd African Food and Products Conference and Exhibition (AFPE). Food at party The President of NACC, Otunba Oluwatoyin Akomolafe disclosed that the AFPE 2019 with the theme ” Sustainability and Innovation; Pathway to Business Success for SMEs’ is…

StarTimes invests$220 m in Nigeria

By Naomi Uzor StarTimes Nigeria said it has invested over $220m in Nigeria and will in July introduce solar panels into the Nigerian market. Newly appointed Chief Executive Officer, StarTimes Nigeria, Mr. David Zhang disclosed this in a media parley adding that the company has also employed more Nigerians. He said the company has created…

JB dismiss prepare for rights problem as investors’ equity strikes N35...

By Peter Egwuatu JULIUS Berger Nigeria (JB) Plc has explained to investors that there was no need to float a rights issue at the moment as the company’s shareholders equity has risen to N35 billion. Speaking at the company’s investor forum 2019 in Lagos, Engr. Dr. Lars Richter, Managing Director, Julius Berger, who was represented…

Travelodge looks for 3,000 trainees as it deals with Brexit personnel...

Travelodge is aiming to recruit 3,000 students this summer with contracts that allow them to fit work around their studies, as the hospitality industry faces a Brexit-fuelled labour shortage. The budget hotel chain said its student recruitment drive was part of its plans to be “Brexit ready” and it is looking to fill roles across…

Requirement Chartered enhances international trade links

STANDARD Chartered Bank has continued its ongoing global business initiative, ‘Belt and Road’, bringing this first ever cross country relay to Nigeria. The eight kilometre relay race which held at Teslim Balogun Stadium Surulere, Lagos, was led by eight staff athletes from Standard Chartered Banks across Asia, Africa, the Middle East, Europe and the Americas.…

BREAKING: CBN requires increased PSP in currency management

By Babajide Komolafe The Central Bank of Nigeria (CBN) has called for the increased private sector participation in currency management. For this purpose, the Apex Bank has approved the revised guidelines for private sector participation as Cash In Transit firm or as Cash Processing firm. Details later…   Vanguard Related

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