Business

… Next Stop Benin! Globacom dealers and enterprise customers in the country have been having tremendous fun on the bill of Nigeria’s foremost telecommunications brand, Globacom. The fun train has berthed in Lagos, Port Harcourt, Abuja and Enugu, dishing out sundry high-octane entertainment, sublime music, rib-cracking, stress-bursting jokes and anecdotes as Glo celebrates its highly esteemed dealers and enterprise customers. The …

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The National Bureau of Statistics (NBS) just published June 2018 inflation report, showing that Nigeria’s headline consumer price index extended deceleration which started in 2017 to the seventeenth consecutive month. Headline inflation was 11.23 percent year on year in June, moderating from 11.61 percent year on year in May. The data came in 33 bps and 27 bps ahead of …

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Mr Godwin Adama, the Consul General of Nigeria in South Africa, says about 5,000 Nigerian medical practitioners are contributing to the development of the health sector in South Africa. Adama made this known in a statement issued by the Vice Consul, Information, and Culture, Mr. David Abraham, made available to the News Agency of Nigeria on Monday in Abuja. The Consul General, …

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The Fishery Society of Nigeria (FISON) says that the value of the country agricultural sector is estimated to reach about 256 million dollars (over N91 trillion) by 2050. Dr Bola Adekoya, First Vice-President of FISON made the disclosure at the Agricultural Value Chains (AVC) Stakeholder’s Capacity Development” workshop on Monday in Lagos. The workshop was organised by Nigerian Incentive-Based Risk …

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Vice President Yemi Osinbajo has said that for investors to take advantage of government’s incentives and improved business environment, there needs to be availability of medium to long term capital in the form of bonds, equity and loans. The necessity for stable long term funds for the actualisation of the vision of economic growth and development he said, places the …

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Newspaper publishers in the country, Broadcasting Organisation of Nigeria, BON; Editors and Nigeria Union of Journalists, NUJ, have described the New Media Bill currently before the National Assembly as draconian, unconstitutional, anti-people, anti-business and anti-free speech. Consequently, Nigerian Press Organisation, NPO, and other media stakeholders have asked the National Assembly to drop the bill. They also asked the Senate to …

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The Senate on Wednesday approved the payment of 348 billion outstanding subsidy claims to 74 petroleum marketers in the country. This helped Oando’s share price spike to the top of the gainer’s table on Thursday. The approval followed the adoption of the interim report of the committee on petroleum downstream on the promissory note programme and bond issuance to settle inherited …

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Chevron Nigeria Limited (CNL) has contributed over N20.6bn to the Regional Development Committees (RDCs) representing over 400 communities in its areas of operations in the last 13 years. The company’s General Manager, Policy, Government and Public Affairs, Mr. Esimaje Brikinn, said this in an address during the Chevron-sponsored Advanced Writing And Reporting Skills (AWAReS) 2018 programme holding at the School …

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The Chartered Institute of Stockbrokers (CIS) has pledged to work with the Securities and Exchange Commission (SEC) in its desire to infuse Capital Market Studies (CMS) into the curriculum of schools in the country. Already, the apex regulator of the Nigerian capital market, is developing a curriculum on capital market studies as part of the financial literacy programme,Which is geared …

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The grandmasters of data, Globacom, has unveiled an initiative tagged Smartphone Festival aimed at giving unbeatable value to its customers who desire to own various categories of smartphones. The company is making the offer in partnership with original equipment manufacturers (OEMs), including Samsung, Nokia, Huawei, Infinix and Techno, among others. With the Smartphone Festival, Glo customers will be able to get smartphones …

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