Business

Grassroot Nigeria Content Development Awareness Summit Kick off in PH

GRASSROOT NIGERIA CONTENT DEVELOPMENT AWARENESS SUMMIT/EXHIBITION KICKS OFF NOV 26TH AND 27TH IN PH All is now set for the eagerly awaited two day ‘Grassroot Nigeria Content Development Awareness Summit and Exhibition’ slated for November 26th and 27th 2013 at the Atlantic hall of Hotel presidential, Port Harcourt. The event driven by Port Harcourt Chamber of Commerce, Industry, Mines and …

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Connectnigeria.com e-Business Fair Gathers Thousands of SMEs With Industry Experts

Connectnigeria.com e-Business Fair Gathers Thousands of SMEs With Industry Experts Connectnigeria.com hosted over two thousand visitors at the Orchid Hall, Expo Center, Eko Hotel and Suites on Saturday 26th October 2013 to its annual business fair, which was themed “E-Business and the Growth of Your Enterprise.” Present at the event were representatives from different financial and service institutions such as …

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Nigeria revenue gap as much as $12 Billion

Due to oil theft and other instability in the country, it is estimated that Nigeria  revenue gap maybe as much as $12 Billion , according to the finance minsterMinister Ngozi Okonjo-Iweala. She is however seeking to meet a budget deficit target of 1.9 percent of gross domestic product this year. The government will draw down its oil savings in the …

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Etisalat Nigeria to sale of transmitter towers

Etisalat Nigeria is planning to sell some of their transmitter towers . It is expected to generate a huge revenue for them , and could raise as high as $400 according to sources * Etisalat Nigeria is the country’s No.4 operator * Tower sharing increasingly popular in Africa to cut costs By Matt Smith and Dinesh Nair DUBAI, Oct 29 …

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Market Watch: indices grow by 0.54%

Market Watch: indices grow by 0.54%  Activities on the Nigerian Stock Exchange (NSE) on Thursday remained on the upbeat trend following price gains by some blue chips.The News Agency of Nigeria (NAN) reports that Conoil recorded the highest price gain of N4.53 to close at N49.15 per share.  It was followed by CAP, which gained N4.05 to close at N46.87, while Dangote …

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Universal access to banking facilities by 2020-World Bank

Universal access to banking facilities by 2020-World Bank The Nigeria Minister of the Economy and Minister of Finance, Dr. Ngozi Okonjo-Iweala were among those at the  forum organised by the World Bank Group at the  IMF/World Bank Group Annual Meetings in Washington DC, The aim of the forum was for different financial organisations including bankers, financial leaders and government functionaries of …

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Nigeria Aviation Authority defends procurement of N255m armoured vehicles

The purchase of the two armoured vehicles by the Nigeria Civil Aviation Authority (NCAA) at the cost of N255.1million followed due process, Capt. Folayele Akinkuotu, the Director-General of the agency has said. Akinkuotu said this on Friday while addressing a news conference in Abuja amid public outcry at the cost of the procurement of the two BMW 760 Li armoured …

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Tonnes of raw sugar burns away in Brazilian port of Santos

Tonnes of raw sugar burns away in Brazilian port of Santos A fire in Brazil’s largest port has burnt some 180,000 tonnes of raw sugar, damaging six warehouses and pushing international prices to a one-year high. The authorities in the port of Santos said it took six hours to bring the fire under control. The cause of the blaze is …

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