Business

OPS seeks President’s help to stop beverage levy bill

OPS seeks President’s help to stop beverage levy bill

By Yinka Kolawole The Organised Private Sector of Nigeria (OPSN), has called for President Bola Tinubu’s intervention to halt the passage of the proposed Customs, Excise and Tariff Amendment (CETA) Bill currently before the National Assembly which seeks to introduce a percentage levy per litre of the retail price on non-alcoholic beverages. The members of OPSN […]
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Cabotage: Slok partners Diamond bank on vessel acquisition

Cabotage: Slok partners Diamond bank on vessel acquisition

By Godfrey Bivbere The number of vessels in the nation’s fleet has been boosted with eight new additional ships recently acquired by Slok Nigeria Limited own by the immediate past Governor of Abia State, Chief Orji Uzor Kalu, in partnership with Diamond bank. The bank provided the company about N30,680,000.00 (US$260Million) with which it acquired […]

Etisalat introduces 9jillions promo

Etisalat introduces 9jillions promo

By Princewill Ekwujuru For 90 days, two phones will be given away every hour, even as a grand prize winner will be rewarded with $1 million, courtesy the 9jillion promo embarked upon by Etisalat Nigeria network. Steven Evans, Chief Executive Officer, Etisalat Nigeria  revealed  at the press conference to announce its rollout plans, said  the […]

Panasonic enters market with  environmentally friendly air conditioners

Panasonic enters market with environmentally friendly air conditioners

By Daniel Ailemen From its 2009 air-conditioner line-up, Panasonic said it has introduced into the Nigerian market  an environmentally friendly air conditioner. The new product, the company said is a range of eco-inspired air conditioners which has combined aesthetics with environmental responsibility and performance. Mr. Bhojraj Rupani, Managing Director, Panaserv Nigeria Limited, marketer of  Panasonic  […]

2nd Heroic Award: Indomie begins search

2nd Heroic Award: Indomie begins search

By Princewill Ekwujuru & Daniel Ailemen In encouraging acts of heroism in children,  Dufil Prima Foods Limited, producers of Indomie noodles has began the search for the next set of heroes for the Indomie Independence Day Award for Heroes of Nigeria.

Bank ready to clean up balance sheet

Bank ready to clean up balance sheet

A Nigerian bank quoted on the Nigerian Stock Exchange (NSE) has concluded plans to clean up its balance sheet in order to provide shareholders with favourable long term values.

FG queries MDAs on NHF deductions

FG queries MDAs on NHF deductions

The Federal Government has queried ministries, depart ments and agencies (MDAs) in the federal civil service over the non-remittance of National Housing Fund (NHF) deductions to the Federal Mortgage Bank of Nigeria (FMBN).

…inaugurates Delta State branch executive

…inaugurates Delta State branch executive

The chartered Insurance Institute of Nigeria CIIN has installed a new executive team for the Delta State Branch of the Institute headed by Mr Leke Ojabanjo as the chairman.

Trust, compliance key to all-inclusive pensions scheme in Nigeria

Trust, compliance key to all-inclusive pensions scheme in Nigeria

By  Ifeanyi Ugwuadu It is irrational for the poor to save for retirement”. Rob Rusconi, an internationally acclaimed expert in pension provision must have jolted many Nigerians, particularly, government, when he delivered his paper and made the above quoted declaration at the National Conference on the review of the Implementation of the Pension Reform. His […]

CIIN set for goldenjubilee confab

CIIN set for goldenjubilee confab

By Patience Saghana Ten days to the end of six  months activities of the 50th anniversary of the Chartered Insurance Institute of Nigeria (CIIN), the institute is set to host operators within and outside the financial sector. The Conference Theme: “The CIIN at 50: Insurance as a Vehicle for National Development”, captures the ambience of […]

FG queries MDAs on NHF deductions

FG queries MDAs on NHF deductions

The Federal Government has queried ministries, departments and agencies (MDAs) in the federal civil service over the non-remittance of National Housing Fund (NHF) deductions to the Federal Mortgage Bank of Nigeria (FMBN).

Students sue bank over alleged illegal deduction

Students sue bank over alleged illegal deduction

Two students of Delta State School of Health Technology Ofuoma, have dragged Oceanic Bank before a Delta State sitting in Ughelle, over alleged illegal deductions from their bursary allowances, paid to them by the Delta state government.

10 years of democracy: Money from BASA will be used for airport infrastructure – Iyal

10 years of democracy: Money from BASA will be used for airport infrastructure – Iyal

By Kenneth Ehigiator Capt. Shehu Usman Iyal is the Senior Special Assistant to the president on Aviation.  In this interview, he x-rays the journey so far in the aviation sector in the 10 years of the nation’s democratic march, especially in the last two years of President Umaru Yar’ Adua’s administration.  He said money realised […]

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