Dangote to launch own shipping fleet to boost maritime operation
By Godwin Oritse In a move to address limited shipping capacity and the rising cost of road transportation, which have hindered its regional expansion, Dangote Industries has concluded plans to acquire its own vessels to facilitate the movement of its products from Nigeria to markets across West and Central Africa. Speaking from the perspective of […]
High interest rate shrinking activity in bonds market – Report
The burgeoning bonds market in Nigeria has largely remained under utilized due to over concentration on banks for finances by corporate bodies, a research report by Dunn Loren Merrifield, has said.
Experts laud CBN’s postponement of cash-less policy
Financial experts have lauded CBN’s decision to postpone the nationwide takeoff of the automated cash-less policy to January 1, 2013.
Maunfacturers eye 25% contribution to GDP
The Manufacturers Association of Nigeria (MAN), is projecting a 25 per cent manufacturing sector contribution to the Gross Domestic Product (GDP) of the country.
FCMB grows net revenues to N32.4bn
First City Monument Bank (FCMB)Plc has recorded significant improvements in its financial position for the first half (Q2) of the year ended 30 June 2012, with Group net revenues appreciating by 40 per cent Year on Year (YoY ) to N32.4 billion.
NAICOM counsels underwriters against incurring regulatory sanctions
AS insurance companies gradually become compliant to the International Financial Reporting Standard, IFRS, the National Insurance Commission, NAICOM, has urged them to be careful of incurring regulatory sanctions and fines.
