Business

The menace of food insecurity currently prevailing Nigeria may soon become part of history as Heritage Bank Plc has disclosed that it is supporting NatnudO Foods, a food processing company in its determination to make poultry affordable and accessible for the people. Speaking at the media briefing organized on food security in Nigeria, Team Member, Agric Finance, Specialised Banking of …

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Following its shocking rest from broadcast earlier this year due to its sponsor, MTN, pulling out, popular quiz game show, Who Wants To Be A Millionaire? Nigeria, is set to return to TV with the support of Airopay which is thrilled to partner with Ultima Ltd, WWTBAM’s producer, whose passion and dedication to quality and world class productions are well …

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Standard Alliance Insurance said it has paid N8.2 billion as claims between 2015 and first quarter of 2017 to holders of the company’s policy products, just as it said that plans are underway to raise capital from the capital market. Addressing the stock market community on Tuesday during the company’s Fact Behind the Figures, the Chief Executive Officer, Mr. Bode …

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The Nigerian National Petroleum Corporation (NNPC), has carried out a major shakeup of top executives across the value chain of its operations. Ndu Ughamadu,Group General Manager, Public Affairs Division, announced the shakeup in a statement on Tuesday. According to the statement, the appointments and deployments has given the Oil giant a fresh impetus. Complete text of the statement reads: “The …

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Photo Caption: From Left: Nkeiruka Uzoechi, Deputy General Manager, Human Capital Management/Legal, Standard Alliance Insurance Plc; Uruemu-esiri Oghen, Company Secretary, Standard Alliance Insurance Plc; Haruna Jalo-Waziri, Executive Director, Capital Markets Division, The Nigerian Stock Exchange (NSE); Bode Akinboye Group Managing Director/Chief Executive Officer, Standard Alliance Insurance Plc; Bolaji Oladipo, Executive Director, Technical, Standard Alliance Insurance Plc; Aniete Udo, Standard Alliance …

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The Fiscal Responsibility Commission has said that the Federal Government withdrew the sum of N359.39 billion from the Excess Crude Account in 2015 to fund the payment of petroleum products subsidy in 2015. The FRC position is contained in a report on the Excess Crude Account obtained by Punch in Abuja on Monday. According to the FRC, the withdrawal of …

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In order to proffer lasting solution to issues surrounding waste generation and management in Nigeria, a National Waste Management Conference was recently held in Lagos. Nigeria’s foremost Eco-Friendly E-Waste Recycling outfit, E-Terra Technologies Limited was fully represented at the Conference organized by Intermarc Consulting, where Mr. Ifeanyi Ochonogor, CEO E-Terra Technologies spoke on “Attending to Electronic waste: Evacuation, Elimination & …

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Law Union & Rock Insurance has recorded gross premium income of N2.7 million  for the half year ended 30th June 2017. This showed an increase of 17 per cent when compared with N2.3 million recorded in the comparable period of 2016. The company’s profit after tax equally grew by four per cent in second quarter from N307, 334 in the …

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Indigenous Ride Hailing Company, Alpa1 Rides has commenced orientation of Driver-Partners to orientate them on the company’s high service delivery expectations and listen to their views on what quality service should entail.  The orientation cum induction, which started August 15 and expected be a regular programme, took place at the Alpha1 Rides’ state-of- the-art Partners’ Lounge on the Third Floor …

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The Nigerian Stock Exchange (NSE) on Monday August 28, 2017 formally launched its state of the art data center in Lagos. The new data center according to the Chief Executive Officer of the NSE Osacr Onyema cost N500 million. Addressing stockbrokers at the exchange, the minister of Science and Technology Dr Ogbonnaya Onu who commissioned the center, commended the management …

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