Business

Private sector operators on Monday said Federal Government’s engagement of key stakeholders in the development process of the national economy plan showed a genuine desire to rapidly grow the economy, but pointed out that diligent implementation was key to achieving the goal. Captains of industry and heads of the various Chambers of Commerce and Industry across the country, who gathered …

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First Bank of Nigeria Limited, Guaranty Trust Bank Plc, Zenith Bank Plc, Access Bank Plc and the United Bank for Africa Plc have been named among ‘The Top 500 Banking Brands’ of The Banker magazine of the Financial Times  and Brand Finance, London, United Kingdom. In a statement on Sunday by the Country Representative, Nigeria, The Banker magazine, Mr. Kunle Ogedengbe, First Bank led the four other …

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Left: Akindeji-Oladeji Emelda; Godwin Eton;  Olukorede Demola-Adeniyi;  James Oriola, Oluwakemi Agunloye and Sunday Olaleye, all of Personal Banking, Ecobank Nigeria, during the unveiling of Ecobank Advantage Banking Lounge in Idi-Ape, Ibadan, Oyo State at the weekend

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From left – Director General, Lagos Chamber of Commerce and Industry LCCI, Muda Yusuf; President, LCCI, Chief Dr Mrs Nike Akande, CON; Managing Director Vitana Plc, Iran, Mr Mohammad Fakhredini and Special Adviser to the Honorable Minister of Economics and Trade, Islamic Republic of Iran Mr Mohammad Ali – Erami during a business visit by Vitana Plc, Iran to the …

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FMDQ OTC Securities Exchange (‘FMDQ’ or the ‘OTC Exchange’), has since its launch onto the Nigerian financial markets landscape in 2013, championed initiatives geared towards providing an enabling environment for the growth and development of the Nigerian fixed income, currencies and derivatives markets and the economy at large. As a market organiser, the OTC Exchange has through its product and …

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The Nigerian Government is committed to putting energy and resources into addressing the humanitarian challenges in the North East of the country and will strongly support any initiative by the international community in that direction. Budget and National Planning Minister, Senator Udoma Udo Udoma indicated this in Abuja when the Ambassadors of Norway and Germany, Mr Jens-Petter Kjemprud and Barnthard …

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The harsh economic realities is beginning to take its tolls on the country’s indigenous oil and gas marketing company, as Forte Oil Plc on Tuesday reported a decline in its full year profit after tax for the period ended December 31, 2016. Specifically, the company results showed 50.1 percent drop from N5.794 billion that was reported in 2015 to N2.890 …

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The management of the Nigerian Stock Exchange (NSE) on Tuesday listed MED-VIEW Airline’s 9,750,649,400 ordinary shares of 50kobo each at N1.50kobo per share on the floor of the Stock market, valued at N16.5 billion. This is just as the airline also stated that it is projecting growth despite challenges in 2020 with a revenue growth forecast of N58.5billion, improving on its …

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From left – President, Nigeria – Ghana Business Council, Prince Bambo Ademiluyi; President, Lagos Chamber of Commerce and Industry, (LCCI), Chief Dr Mrs Nike Akande, CON and the Ghanaian High Commisioner to Nigeria,Mr William Azumah Awinador-Kanyirige during a courtesy visit of the Ghanaian High Commissioner to LCCI on monday.

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AS the stock market looks likely to end the first month of this year in negative territory, investment analysts at Afrinvest West Africa have posited that 2017 may end up another difficult year for equities if certain drivers of the negative 2016 performance are not addressed urgently. The analysts observed that market performance in 2016 indicated that although a combination …

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