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June 2018

Business

Naira remains stable at N360 to a dollar at BDC

June 30, 2018 6:07 amJune 30, 20180 368

The Naira this weekend has remained stable at the parallel market in Lagos, exchanging at N360 to a dollar. The …

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Business

Diamond Bank strengthens SMEs, empowers five entrepreneurs with N15m

June 29, 2018 3:13 pmJune 29, 20180 345

As part of its commitment towards strengthening small businesses development, Diamond Bank Plc has rewarded five finalists of the seventh edition of its `Building Entrepreneurs Today (BET)’ with N15 million grant.

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Business

Wema Bank gets new CEO

June 29, 2018 3:07 pmJune 29, 20180 394

Wema Bank Plc Management has approved the appointment of Ademola Adebise as its new Managing Director/CEO. 

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Business

GWP of insurance companies increase to N363bn

June 29, 2018 2:59 pmJune 30, 20180 400

The Gross Written Premium (GPW) of insurance companies in Nigeria has grow by N47.1 billion in 2017. This was revealed …

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Economy

To avoid job losses, FG will reconsider 500 percent tarrif  on local beverages – Ngige

June 29, 2018 12:15 pmJune 29, 20180 388

Chris Ngige, Minister of Labour and Employment has said that the Federal Government would reconsider the 500 percent tariff on local beverages.

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Economy

2018 budget: Buhari directs MDAs to activate the economy

June 29, 2018 11:43 amJune 29, 20180 336

Muhammadu Buhari, the President  of Nigeria has directed that urgent step be taken by all Ministries, Departments and Agencies (MDAs) to activate the nation’s economy following the signing of the 2018 budget into law.

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Business

NAICOM advocates synergy among insurance operators

June 29, 2018 10:48 amJune 29, 20180 339

The Commissioner for Insurance (CFI), National Insurance Commission (NAICOM), Mohammed Kari, has called for synergy among arms of insurance to enhance the industry.

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Economy

Active involvement of youths in MSMEs will enhance economic development, SMEDAN says

June 28, 2018 11:38 amJune 28, 20180 353

Dikko Radda, the Director-General, Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), says the active participation of youths in Micro, Small and Medium Enterprises (MSMEs) will enhance Nigeria’s economic development.

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Economy

Revenue sharing: FAAC monthly forum ends in deadlock

June 28, 2018 11:27 amJune 28, 20180 339

The monthly Federation Account Allocation Committee (FAAC) meeting ended in a deadlock in Abuja. The FAAC monthly meeting which is …

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Business

Software company advocates for analytic economy that is based on effective data

June 27, 2018 3:54 pmJune 27, 20180 382

A software company, SAS Africa, has called for an economy where data, people and machines work together to accelerate the pace of innovation.

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