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Banking

Keystone Bank Holds Career Insight Day For Undergraduates | PMNews

March 14, 2018 Omoniyi Osadare 0

Fastest growing financial institution in Nigeria, Keystone Bank Limited, is set to hold a seminar tagged ‘Keystone Bank Career Insight Day’ for young Nigerian undergraduates with a future career in banking. The programme is part […]

Business

Lagos: No Increase In Vehicle Particulars, Number Plates Fees

March 14, 2018 Omoniyi Osadare 0

The Lagos state government says it has not increased the cost of processing motor vehicle particulars and application for number plates. In a statement released on Tuesday by Kehinde Bamigbetan, commissioner for information and strategy, […]

Business

Impose 100% Excise Duty On Alcoholic Beverages, Tobacco, IMF Urges Buhari

March 13, 2018 Omoniyi Osadare 0

The International Monetary Fund (IMF) has recommended a 100 per cent increase in excise duty rates imposed on all alcoholic beverages and cigarettes in Nigeria to conform with global norm. The recommendation, contained in its […]

Business

MTN Nigeria Records 7.2% Growth In Voice Revenue

March 12, 2018 Omoniyi Osadare 0

The revenue generated from voice calls by MTN Nigeria grew by 7.2 per cent in 2017 at constant exchange rate, contributing significantly to the MTN Group’s service revenue. Data subscription also contributed to the earnings […]

Business

Alcoholic Drinks, Cigarettes To Cost More As Buhari Approves New Excise Duty Rates

March 12, 2018 Omoniyi Osadare 0

President Muhammadu Buhari has approved an amendment to the excise duty rates for alcoholic beverages and tobacco with effect from June 4, 2018. In a statement in Abuja on Sunday, Kemi Adeosun, the Minister of […]

Business

MultiChoice Unveils Easter Price Offer

March 10, 2018 Omoniyi Osadare 0

Pay TV giant, MultiChoice Nigeria, has announced a special price offer to ring in Easter celebrations this year. The new price offer, tagged the Easter Explora Slash, will see subscribers enjoy up to a 64% […]

Business

FG Set To Resell Yola Disco, Afam Power

March 9, 2018 Omoniyi Osadare 0

The Federal Government is set to offer two key power firms, Yola Electricity Distribution Company and Afam Power Plc, for sale to new core investors, investigation has shown. For the Yola Disco, this will be […]

Business

We Won’t Spend Money On Ajaokuta Again – FG | Punch

March 9, 2018 Omoniyi Osadare 0

The Federal Government on Thursday said it would not repeat the mistake of the former President Olusegun Obasanjo’s administration on the Ajaokuta Steel Complex in Kogi State. The Minister of Mines and Steel Development, Dr. […]

Business

TheCable: Coca-Cola To Launch Alcoholic Drink

March 9, 2018 Omoniyi Osadare 0

Coca-Cola, a beverage company, says it is planning to produce an alcoholic drink for the first time in the 125 years of its existence. In September, the West African arm of the company had announced […]

Business

Tobacco Companies Targeting World’s Most Vulnerable To Increase Profits – Report

March 9, 2018 Omoniyi Osadare 0

The tobacco industry is increasingly targeting vulnerable populations in emerging markets such as Africa, Asia, and the Middle East where people are not protected by strong tobacco control regulations, the latest report by The Tobacco […]

Business

Commission To Commence Forensic Audit Of Oando Plc

March 7, 2018 Omoniyi Osadare 0

Dr Abdul Zubair, Acting Director-General, Securities and Exchange Commission (SEC) says it will resume forensic audit to probe Oando Plc based on petitions received by the commission from shareholders of the company. He disclosed this […]

Business

The Plan To Ban Imported Vehicles | SunNews

March 5, 2018 Omoniyi Osadare 0

THE plan to ban the importation of vehicles into the country, which is being currently canvassed by members of the House of Representatives, on paper, is a good one. It has the immediate and long-term […]

Business

We Subsidise Petrol With N774 Million Daily – NNPC

March 5, 2018 Omoniyi Osadare 1

The Nigerian National Petroleum Corporation (NNPC) has said that it loses N774 million daily on under-recovery due to the increase in petrol consumption in the country. The corporation has refused to use the term subsidy […]

Business

We’ll Disgrace Tax Evaders After March 31 – Adeosun

March 1, 2018 Omoniyi Osadare 0

By Kazeem Ugbodaga The Minister of Finance , Mrs Kemi Adeosun has called on tax invaders or those who have not declared their income or pay taxes accordingly to take advantage of the Voluntary Assets […]

Business

Dangote Inaugurates Multi-Billion Naira Rice Processing Plant

March 1, 2018 Omoniyi Osadare 0

The Dangote Rice Outgrower Scheme in Jigawa State reached a turning point yesterday when the President of Dangote Group, Aliko Dangote, laid a foundation stone for the construction of a multi-billion Naira rice processing mill […]

Business

Today Is The Last Day Shops Are Legally Obliged To Accept Old Paper £10 Notes

March 1, 2018 Omoniyi Osadare 0

Today marks the final day that shops and banks are accepting the old £10 notes as legal tender. The old paper notes, which feature Charles Darwin and entered circulation in November 2000, can be refused […]

Business

What Is The Kernel of All US Policy Today? By Patrick Dele Cole

February 28, 2018 Omoniyi Osadare 0

“America First” is a euphemism for the weakling if not the destruction of the whole panoply of international institutions whose very existence is antithetical to a mindset of “my nation first” So Trump’s policy will […]

Business

CBN: Blame banks For Bad Naira Notes In Circulation

February 28, 2018 Omoniyi Osadare 1

The Central Bank of Nigeria (CBN) says commercial banks are to be blame for the bad naira notes in circulation. While answering questions on Twitter about the activities of the bank on Monday, Isaac Okorafor, […]

Banking

CBN Orders Banks To Resolve Customers’ Complaints In Two Weeks

February 28, 2018 Omoniyi Osadare 0

The Central Bank of Nigeria says commercial banks and other financial institutions must settle customers’ complaints within two weeks. NAN reports that Tajudeen Ahmed, CBN head of complaints management division, gave this directive on Tuesday […]

Business

Currency Scarcity: CBN Issues Lower Naira Notes To Traders

February 28, 2018 Omoniyi Osadare 0

The Central Bank of Nigeria has commenced the disbursement of smaller naira notes to traders in order to improve the circulation of N5, N10, N20, and N50 in the economy. The acting Director, Currency Operations […]

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