Business

NZESCO’s budget not fraudulent –FG

The Minister of Industry, Trade and Investment, Dr. Okechukwu Enelamah, has said N42billion budget proposed for the Nigeria Special Economic Zone Company, was done in good fate.

He said the move was to enable the Federal Government’s convert its capital budget appropriations for SEZs into [...]

Sat, 06 April 2019


FG to concession Lagos trade fair complex

Bureau of Public Enterprises, BPE, said the Federal Government has no plan for an outright sale of the Lagos International Trade Fair Complex as being speculated in some quarters.

The Bureau in a statement by its Head, Public Communications, Amina Othman, denied the purported sale of the comple [...]

Sat, 23 March 2019


Financing: Afreximbank makes case for factoring in SMEs

To address the challenge of poor access to financing constantly faced by small and medium businesses in Africa, the African Export-Import Bank, Afreximbank, suggest that factoring could be a viable and sustainable solution.

Factoring is a financial transaction and a type of debtor finance in wh [...]

Sat, 23 March 2019


FG to grow stock market via ERPG

The Federal Government said it was seeking to diversify instruments of the stock market through the Economic Recovery and Growth Plan, ERPG.

Minister of Finance, Mrs. Zainab Ahmed, while speaking at the maiden Awards Night of the Securities and Exchange Commission, said the present administrati [...]

Sat, 23 March 2019


NNPC invites tenders from prospective traders of Nigeria’s crude for 2019

The Nigerian National Petroleum Corporation, NNPC, has invited tenders from prospective traders in Nigeria’s crude and importers of petroleum products under its 2019-2020 fuel supply programme.

An invitation to tender published on the corporation’s website says the NNPC intends to e [...]

Sat, 23 March 2019


FG to address pay disparity in public service

The Federal Government is set to address the issue of pay disparity among government workers in the country, as the National Salaries, Incomes and Wages Commission, NSIWC, Friday, said it has been directed to harmonize salaries of various Ministries, Department and Agencies of government, MDA.

[...]

Sat, 23 March 2019


CAC attracts massive companies’ registration via BIS

The Corporate Affairs Commission, CAC, is confident it will exceed the previous record of registered number of companies by the end of the first quarter of 2019.

Acting registrar-general of the Commission, Azuka Azinge, is optimistic that the CAC will build on the successes achieved through its [...]

Sun, 17 March 2019


NCC tasks army on ICT for service delivery

Executive Vice Chairman of the Nigerian Communications Commission, NCC, Prof Umar Danbatta, has advised the Nigerian Army to explore Information and Communications Technology to ensure efficient service delivery.

Danbatta gave the charge recently while donating ICT equipment to the Nigerian Arm [...]

Sun, 17 March 2019


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