Business

People living in Lagos are inhabiting the third worst city for humans to live in the world according to the newly released ranking of the 2018 Global Liveability Index released by The Economist Intelligence Unit and World Bank. Lagos, Nigeria’s commercial nerve center, is the third worst city to live in among 140 cities worldwide, PREMIUM Times reports. The revelation …

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Dayo Emmanuel The power of youth, their resourcefulness and ingenuity are strong contributing factors to the development of economies around the world. However, the majority of young people lack economic opportunities, which unfortunately leads to high levels of youth unemployment, underutilized talents and skills. A publication by the African Development Bank on Jobs for Youth in Africa (http://bit.ly/2KON1g3) indicates that “of Africa’s …

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A group of investors have commenced the process of relocating a refinery hitherto owned by British Petroleum (BP) from Turkey to be installed near the Port Harcourt Refinery in Nigeria under the NNPC refinery collocation initiative. The refinery with capacity for 100,000 barrels-per-day brownfield refinery is under the collocation initiative designed to boost local refining capacity to end the era …

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The Nigerian National Petroleum Corporation (NNPC) and Seplat Petroleum Development Company (SPDC) have signed five agreements to expedite the development of a project aimed at delivering about 3.4 billion standard cubic feet of gas per day by 2020. The project, Assa North and Ohaji South (ANOH) gas development scheme, is one of the seven Critical Gas Development Projects (7CGDP) which …

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—Say Partnership Will Promote Access To Financial Services On Larger Scale Dayo Emmanuel As part of their shared mission to boost financial inclusion throughout Nigeria, Oradian (https://Oradian.com) and the Association of Non Bank Microfinance Institution of Nigeria (ANMFIN) (www.ANMFINigeria.org) have launched a strategic partnership. Princess Adesola Ogunleye, the President of ANMFIN, commented on the partnership saying, “We are extremely pleased …

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Linkage Assurance Plc has secured the approval of the National Insurance Commission to underwrite agricultural insurance. The firm said in a statement that the ‘no objection’ nod would enable it to support farmers and service providers in the agricultural value chain for greater sustainability and economic growth. Among the products approved were Linkage Assurance Crop Insurance Solutions, Linkage Assurance Farm …

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Stanbic IBTC Holdings Plc has listed about 64.21 million ordinary shares of 50 kobo each to raise its total outstanding shares to about 10.114 billion ordinary shares of 50 kobo each at the weekend. The supplementary shares were due to the scrip dividend scheme offered by the holding company to eligible shareholders who elected to receive new ordinary shares in …

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A 26-year old undergraduate, Damilola Rachel Ajayi has emerged the overall winner of N5million star prize in the just-concluded Skye Bank Ref ‘n’ Win Promo. The ‘Ref n Win’ promo was a youth-focused initiative designed to reward Skye Bank’s account holders who were mainly undergraduates across the country. During the course of the campaign, students who referred their friends to …

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Photo Caption: From Left; Ag. Executive Commissioner Operations, Securities and Exchange Commission, SEC, Mr. Isyaku Tilde, Chairman Conference Planning Committee Chartered Institute of Arbitrators, (CIArb Nigeria), Mr. Sola Ephraim Oluwanuga, Ag. Director General SEC, Ms. Mary Uduk, Ag. Executive Commissioner Corporate Services Mr. Henry Rowlands and Member CIArb Nigeria, Mrs Roseline Nwosu during a meeting between SEC and  CIArb Nigeria in Abuja

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An Appeal court has halted the  arrest order on INEC chairman Mahmoud Yakubu. A federal high Court had last week ordered the Inspector-General of Police, Ibrahim Idris, to arrest the INEC chairman and produce him in court on August 14 to face contempt charge for violating its order. The Justice Stephen Pam-led Federal High Court sitting in Abuja, had ruled that …

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