IKCO to exports 500 vehicles to Tajikistan

IKCO to exports 500 vehicles to Tajikistan

Iran Khodro Industrial Group has signed a memorandum of understanding with Tajikistan’s Investment and Economic Development Group to export IKCO’s vehicles to central Asian country.
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8 masked cultists terrorising communities in Ogbaru arrested

8 masked cultists terrorising communities in Ogbaru arrested

Luck yesterday ran out on eight out of about 30 masked cultists who have been terrorising the residents of Obumseli, Nwuga, Ogbolu, Abagana and Ijeh streets, located at the Niger Bridge Head approach, Ogbaru Local Government Area of Anambra State.

Banking stocks to recover on MPC decision – Ezcellon Capital

Banking stocks to recover on MPC decision – Ezcellon Capital

The decision by the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) to cut the cash reserve ratio (CRR) of the deposit money banks to 25 per cent and retain the benchmark rate at 13 per cent will result in recovery in the NSE Banking index, Ezcellon Capital, an investment banking firm, said in a report.

Delta State, poverty and sustainable job creation

Delta State, poverty and sustainable job creation

JOB creation is the notion that jobs are created in response to some sort of event or situation, for example; great depression – an economic slump (a period of poor performance or inactivity in an economy, market or industry, a recession, signaling a slowdown of business activity) or high level of unemployment. Conceptually, job creation is the proactive opposite of unemployment.

Dangote Cement: A new strength in profit

Dangote Cement: A new strength in profit

After tax profit amounted to N121.81 billion for Dangote Cement at the end of the second quarter, an increase of 27.6% year-on-year. Full year projection indicates an increase of over 40% in net profit for the company in 2015. It posted a net profit of N159.5 billion at the end of 2014. A new peak in profit is therefore expected from the company this year. Its peak profit so far is the N201.20 billion it reported in 2013.

Service delivery sets Heritage Bank apart from other banks

Service delivery sets Heritage Bank apart from other banks

Our thought of TSA given the government position is essentially that you do not want government borrowing government’s money hence government is trying to ensuring that it is not borrowing anyhow money and it can account for all the money it got. TSA in itself is not a bad a idea, banks naturally are a bit reluctant in pulling it back because they need to unwind some transactions that are wrap around them.

Okowa not preparing for rerun – TIDI

Okowa not preparing for rerun – TIDI

ASABA—Michael Tidi, Special Assistant on News Media to Delta State Governor, Senator Ifeanyi Okowa, has insisted that contrary to the online submissions of National Coordinator of the Center for Peace and Environmental Justice, Sherrif Mulade, “Governor Okowa is not preparing for any envisaged governorship rerun election but is entirely focused on delivering on his mandate to the satisfaction of all Deltans for the next four years preparatory to 2019.”

Falconets too good for Congo

Falconets too good for Congo

Nigeria’s Women under-20 team, the Falconets, on Sunday defeated DR Congo 2-1 away in the Africa leg first leg, second round qualifiers for the 2016 Fifa Under-20 Women World Cup.