Ebonyi moves to raise IGR

Ebonyi moves to raise IGR

Ebonyi State government has set a machinery in motion to plug loopholes in its revenue generation, with a view to raising its profile to N8.855 billion annually.
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Guinness, NAFDAC collaborate on new business line

Guinness, NAFDAC collaborate on new business line

Guinness Nigeria Plc, and franchise owners of Diageo brands, the parent company of Guinness International, said it is going to be collaborating with National Agency for Food, Drug Administration and Control (NAFDAC) on its alcoholic beverage business line.

2011:PDP Chieftains drag Akala to Appeal Court over Nomination

2011:PDP Chieftains drag Akala to Appeal Court over Nomination

DETERMINED to get redress for alleged breach of due process in securing the party’s flag for the April election, Alhaji Hazeem Gbalorumi, Elder Wole Oyelese and Alhaji Yekeen Adeojo, and 34 others have dragged Governor Adebayo Alao-Akala to the Appeal Court.

Group seeks investment opportunity in Nigeria

Group seeks investment opportunity in Nigeria

Investors from six Latin American & Caribbean countries have called on the Nigeria Investment Promotion Commission (NIPC) to give them the opportunity to invest in Nigeria.

TOP TEN GAINERS AND  LOSERS

TOP TEN GAINERS AND LOSERS

Fourty-nine stocks depreciated in price during the week, lower than the 58 of the preceding week. Guinness Nigeria Plc led on the price losers’ table, dropping by N10.13 or 5 per cent to close at N192.62 per share, Oando Plc followed with a loss of N3.00 or 4.29 per cent to close at N67.00 per share and Unilever Nigeria Plc dipped by 2.46 or 8.2 per cent to close at N27.54 per share.

Profit takers  drag market  indicators down by 0.17%

Profit takers drag market indicators down by 0.17%

Activities in the stock market crawled last week as market indicators for measuring performance indices, the market capitalisation and the All- Share Index declined by 0.17 per cent each.

Scarcity of funds intensifies as Naira sheds 100k

Scarcity of funds intensifies as Naira sheds 100k

Scarcity of funds intensified in the interbank money market last week as the market experienced outflow of about N200 billion which countered the effect of the N285 billion inflows from statutory allocations.

G20 split on imbalance indicators, monetary policy

G20 split on imbalance indicators, monetary policy

The world’s major economies were split down the middle on Friday over how to measure imbalances in the global economy in a bid to avert future financial crises, Japan’s Finance Minister said.

$450 suger mill for Kogi

$450 suger mill for Kogi

Kogi State governor, Alhaji Ibrahim Idris has received a review of the $USD 450 million budget of the Confluence Sugar project by Energy and Technology, Corp USA.

Mother and daughter perish in petrol fire accident

Mother and daughter perish in petrol fire accident

Asaba – Few months after the tragic collapse of an overhead tank at College of Education, Agbor which killed five pupils on the 2nd of Novembers last year, a petrol fire has claimed the lives of a 53 year old mother and her daughter in the area.

Kidnappers abduct town union executives in Imo

Kidnappers abduct town union executives in Imo

Owerri – Kidnappers have abducted four members of Amaigbo Town Union during their meeting on Saturday in Amaigbo, headquarters of Nwangele Local Government Area of Imo.