Tag: Business
News

Sanwo-Olu Presents Scorecard, Promises Business-Friendly Environment

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By Rukayat Moisemhe/Oluwatope Lawanson Lgos –  Mr Babajide Sanwo-Olu, Governor of Lagos State, on Sunday presented the scorecard of his administration’s efforts towards showcasing the business-friendly environment and investment opportunities available in the state. Sanwo-Olu, represented by Mrs Folasade Jaji, Secretary to the State Government, made this known at the closing ceremony of the 36th edition of the Lagos International Trade Fair (LITF) in Lagos. …

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News

18-Year-Old Girl Who Married Her 61-Year-Old Godfather Reacts After Her Mother Released A Video Slamming Her Marriage

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An 18-year-old lady identified as Deja Haugabook who married her 61-year-old Godfather, Michael Haugabook has released a video asking people calling her husband a predator to mind their business because he’s her predator, not theirs. She told them that she’s grown despite being 18 and it was her decision to marry an older man because younger men don’t know what they want and they go …

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Business

Investors lose N2.4bn amid banking stock sell-off

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Investors in the equities market of the Nigerian Exchange Limited lost N2.44bn on Wednesday, a development analysts attributed to the sell-offs of some banking stocks. The NGX All-Share Index dropped marginally by 0.01 per cent to close at 39,545.67 basis points from 39,550.36bps recorded on Tuesday. Investors traded more securities as the trading volume increased by 19.17 per cent from 110.77 million shares in 3,305 …

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News

There’s more to Ebeano supermarket burning —Tweeps

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Nigerians have reacted to the closed-circuit television footage showing how a 9-year-old girl set fire to the multi-million naira shopping centre, Ebeano Supermarket in Lokogoma, Abuja on July 17. The girl had accompanied her mother to the supermarket to shop during which she wandered on her own to the section where inflammable items were kept. She could be seen in the footage touching one of …

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Business

MultiChoice unveils packages to boost businesses

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To help organisations increase productivity, MultiChoice Nigeria has launched its simplified DStv packages. The DStv Business packages, which contain curated content are aimed at ensuring business owners and organisations enjoy the ultimate TV experience, all in HD. “We always ask ourselves how we can make our customers experience better for businesses. We have revamped our DStv Business packages, offering business owners the right mixture of …

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Features

First Bank Debunks Closure Of South-East Branches

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Nigerian multinational bank, the First Bank of Nigeria Limited has debunked some media reports that its branches in the South-East part of the country have been closed due to the rising insecurity in the region, according to The PUNCH. The bank noted that its branches in the South-East and in other parts of the country are “fully open for business”. First Bank’s Group Head, Marketing …

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News

IPOB’s Sit At Home: Umahi recants on Shop Forfeiture Order

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By Our Reporter Abakaliki – Ebonyi State Governor, David Umahi has recanted on his earlier order to the effect that traders who fail to open for business on Monday will forfeit their shops. Recall that Umahi had during his statewide broadcast on May 29, issued the forfeiture order to scuttle the Indigenous Peoples of Biafra (IPOB) sit-at-home agenda. IPOB had issued its sit at home …

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World News

Bill, Melinda Gates announce divorce after 27 years

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American business magnate Bill Gates and his wife Melinda are divorcing after almost three decades of marriage. The pair announced the decision to end their marriage in a statement jointly signed by them on Monday. In the statement posted on the verified Twitter handle of the Microsoft founder-turned philanthropist, the pair explained that they decided to settle for the option of a divorce after “a …

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News

How Soldiers working for Boko Haram exposed civilian collaborators

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By ABDULAZIZ ABDULAZIZ Some soldiers arrested in the crack down on Boko Haram funders have disclosed the identities of their civilian collaborators, according to sources. The arrests of the officers came after an in-depth investigation into connections between Boko Haram members and military officers, that they helped to infiltrate into the army and sabotage efforts to end insurgency in Nigeria. Daily Trust had reported how …

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World News

Why China halted new enrollments at business school backed by Jack Ma – FT reveals

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By Chris Udochukwu Beijing (Precise Post) – The main reason why Beijing authorities have forced an elite business school backed by Alibaba Group Co Ltd founder Jack Ma to halt enrollments was on Friday revealed by the Financial Times, citing sources familiar with the matter. The clampdown on the school, founded in 2015 by Ma to train China’s next generation of entrepreneurs, comes as his …

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Business

Test Risk Strategies – RIMAN, CIBN Urge Organisations

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By Nike Popoola Abuja (Precise Post) – The Risk Management Association of Nigeria and the Chartered Institute of Bankers of Nigeria have urged organisation to stress test their risk management strategies. They said this during the 4th edition of the induction ceremony of the certified risk managers who qualified in 2020. A statement titled ‘RIMAN/CIBN inducts certified risk managers’, said the bodies commenced Certified Risk …

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Features

Can Angya Change The Benue Narrative?

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By Moses Akawe The New Deal, a domestic programme of the administration of U.S. President Franklin D. Roosevelt between 1933 and 1939, took action to bring about immediate economic relief as well as reforms in industry, agriculture, finance, water, power, labour, and housing, thereby vastly increasing the scope of the federal government’s activities. The term was taken from Roosevelt’s speech while accepting the Democratic nomination for …

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Business

Nigerians Are Free To Use Bitcoin, Others – CBN

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Abuja (Precise Post) – Godwin Emefiele -the Central Bank of Nigeria (CBN) Governor has said there was no time the bank banned the activities of Cryptocurrencies in the country. He disclosed this in Abuja at the 30th seminar for Finance Correspondents and Business Editors organised by the bank. Emefiele, who was represented by Adamu Lamtek, Deputy Governor, Corporates Services, said what the bank did was …

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News

Nasarawa: Gov Sule visits agric minister, seeks further support, collaboration

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By Ogechi Okorie Abuja (Precise Post) – Nasarawa State Governor, Engineer Abdullahi Sule, has sought further collaboration and support from the Federal Ministry of Agriculture and Rural Development, especially into the area of boosting agricultural activities, as well as rural roads. Engineer Sule made this known when he paid a thank-you visit to the Minister of Agriculture and Rural Development, Alhaji Muhammad Sabo Shanono, in …

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News

#DefendLagos Convener, Oladimeji Calls Off Lekki Counter Protest

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By Our Reporter Lagos (Precise Post) – The convener of #DefendLagos, Alabi Oladimeji, has announced the withdrawn from the proposed Lekki protest. Recall that the group was formed as a counter against #OccupyLekkiTollGate rally on Saturday. Earlier in the week, some youths had taken to Twitter to call for a protest against the reopening of the Lekki tollgate. In a virtual press conference, Oladimeji said …

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