Archives for BUSINESS - Page 20
Nigerian newspapers advert revenue hits N143.1 billion
Advertising income from newspapers in Nigeria stood billion between 2006 and December 2015, revealing a wavy pattern that reached its peak in 2014 with N25 billion; and declined to billion…
LASG Partners Sterling Bank, Microsoft, Others on Youth’s Skill Acquisition programme
The Lagos State Ministry of Employment and Wealth Creation has announced its partnership with Sterling Bank, Audax Solutions Limited, Microsoft, Etisalat and Andela for the 2016 Lagos Study Program. This,…
Sovereign Trust, LASPEC others win Inspenonline awards for deepening insurance, pension
Inspenonline Media has awarded seven insurance firms, one pension fund administrator and the Lagos State Pension Commission (LASPEC) for their contributions in the sectors and the economy. The Award ceremony,…
FG sues Turkish Airlines for passenger abuse
Federal Government says it has taken Turkish Airlines to court for alleged impunity and violation of the rights of some Nigerian passengers. The Attorney General of the Federation and Minister…
Illegal non oil export: Nigeria loses $12 billion annually…NEPC
The Nigeria Export Promotion Council ( NEPC) has disclosed that Nigeria is currently losing $12bn () annually to informal or illegal non-oil exports. The Managing Director/Chief Executive Officer, NEPC, Mr.…
Lagos set to disburse N25bn employment fund next month
Lagos State Government has announced the commencement of disbursement of being the first tranche of N25 billion, Employment Trust Fund, ETF, to beneficiaries come September, 2016 even as it warned…
NCC decry multiple taxation impose on telecom operators
The Executive Vice-Chairman, Nigeria Communications Commission (NCC) Prof. Umar Dambatta, has decried the rate at which multiple taxation are being imposed on the telecom operators. Dambatta noted that aside from…
Dangote Cement posts N140.5bn revenue in 2016 Q1
Dangote Cement has posted revenue to the tune of billion for the first quarter ended March 31, 2016, compared to the 2015 figure of billion. According the company's filing with…
CBN and the controversial bid to strengthen BDCs
The Central Bank of Nigeria (CBN), recently reviewed upwards the operating capital requirement for Bureau de Change (BDCs) in the country in a bid to achieve sanity and financial stability…