You are here
Home > BUSINESS (Page 2)

Nigeria’ll continue to lose desired FDI unless… says FIABCI

Nigeria’ll continue to lose desired FDI unless… says FIABCI

The International Real Estate Federation (FIABCI) has said that Nigeria will continue to lose the needed Foreign Direct Investment (FDI) unless it liberalises its real estate sector. FIABCI said that until the economy is liberalised and agencies of government made to complement one another in services delivery, the much desired Foreign Direct investment (FDI) into […]
The post Nigeria’ll continue to lose desired FDI unless… says FIABCI appeared first on The Sun Nigeria. …

St Valentine’s Day: Nigerians spend N30bn on gifts, luxury items

St Valentine’s Day: Nigerians spend N30bn on gifts, luxury items

Adewale Sanyaolu The Saint Valentine’s Day celebration marked globally may have cost Nigerians about N30 billion spent on purchase of gifts and luxury items to loved ones. Valentine’s Day, or St Valentine’s Day, is celebrated  yearly   on February 14. It is the day when people show their affection for one another or people by […]
The post St Valentine’s Day: Nigerians spend N30bn on gifts, luxury items appeared first on The Sun Nigeria. …

NPA, BPE hand over Warri port terminal to concessionaire

As part of efforts to increase cargo traffic at Warri port, Nigerian Ports Authority, NPA, and the Bureau of Public Enterprises, BPE, have handed over the Terminal “B” of the port to a concessionaire, Ocean and Cargo Terminal Services Limited.
Continue reading NPA, BPE hand over Warri port terminal to concessionaire at Vanguard News Nigeria. …

Warri port to attract $1.6m annual fee –BPE

Warri port to attract $1.6m annual fee –BPE

Uche Usim, Abuja and Steve Agbota The Director General of Bureau of Public Enterprises (BPE), Mr. Alex Okoh, has disclosed that the Terminal ‘B’ Warri Old Port concessioned to Ocean & Cargo Terminal Services Limited is for a 25-year period and will attract an annual lease fee of $1,621,500, in addition to the entry fee […]
The post Warri port to attract $1.6m annual fee –BPE appeared first on The Sun Nigeria. …

Banks vote funds to buoy creative industry

Banks vote funds to buoy creative industry

Uche Usim, Abuja To grow the movie, music, ICT and creative industry in general, the Bankers Committee of the Central Bank of Nigeria (CBN) on Thursday, revealed plans to vote huge funds to support players along the entire value chain of that sector. Speaking at the event, the Director, Banking Supervision Department of CBN, Mr […]
The post Banks vote funds to buoy creative industry appeared first on The Sun Nigeria. …

Equities rebounds by 0.12%

Equities rebounds by 0.12%

Chinwendu Obienyi  Price appreciation in the shares of Unilever, Dangote Cement and UBA, lifted trading activities on the floor of the Nigerian Stock Exchange (NSE) yesterday as the All-Share Index (ASI) rebound 0.12 per cent to close at 32,453.7 points. As a result of this development,  Year-to-Date (YtD)  gain improved to 3.4 per cent and […]
The post Equities rebounds by 0.12% appeared first on The Sun Nigeria. …

Liquidation of Fortis MFB followed due process –NDIC

Liquidation of Fortis MFB followed due process –NDIC

The Nigeria Deposit Insurance Corporation (NDIC) , has urged the general public to disregard a misleading report by a national  newspaper(not The Sun)that the liquidation of Fortis Micro-Finance Bank (MFB) was a hasty process. The Corporation gave the advice in a statement signed by Mr Kudu Mohammed Ibrahim, its Head of Communications and Public Affairs […]
The post Liquidation of Fortis MFB followed due process –NDIC appeared first on The Sun Nigeria. …

Customs seizes $900m worth of Pangolin scales in 2018

Customs seizes $900m worth of Pangolin scales in 2018

The Nigeria Customs Service (NCS), said it confisticated more than $900 million worth of Pangolin scales illegally traded through country in 2018. Asst. Comptroller, Mutalib Sule of the NCS, Federal Operations Unit, Zone A, Ikeja, Lagos, made the disclosure at an event to mark the 2019 World Pangolin Day in Lagos. The event which was […]
The post Customs seizes $900m worth of Pangolin scales in 2018 appeared first on The Sun Nigeria. …

’Labour won’t accept retrenchment over new minimum wage’

’Labour won’t accept retrenchment over new minimum wage’

Last week’s election of the Nigeria Labour Congress (NLC)  during its 12th Quadrennial Delegates Conference would go into the annals of the congress as the best organised since its constitution in 1978. Workers could still recall the ugly incident that characterised the same election four years ago at the labour house. One lesson from the […] …

Top