The Enugu State government is set to attract prospective investors to take over the operations of identified state owned companies and corporations, for which the Enugu State Investment Summit (ESIS) scheduled to hold from April 12 – 14, 2016 will provide a platform.

The Central Bank of Nigeria, CBN, has averted the closure of over 200 companies in the manufacturing sector of the economy through its recent allocation of foreign exchange to the affected industries to bring in their raw materials.

The Federal Government has stated that the myriad of problems currently facing the country is creating an image problem for the country.

Coleman was registered in 1975 as a business entity. Production of cables started in 1998 through the ideas of our Chairman who was into trading of wires and cables in the 80s and 90s. He decided to go into production of cables. After we started in 1998, the set up team was changed due to some setback in 2001/2002. The Executive Director and I came on board. We started restructuring the business from the small scale business it used to be, to what we are today.

Dr. Ijeoma Nwagwu, graduate of Harvard Law School’s doctoral programme and Manager of Lagos Business School’s First Bank Sustainability Centre. In this interview , she speaks on the present business environment: where the social and environmental impact of a business is as important as its ability to make profit

Shareholders of Zenith International Bank plc have approved the payment of N62.79 billion dividends earlier recommended by Board of Directors of the bank for the year ended December 31, 2015. This translates to N1.80 per share dividend payable to shareholders whose names appeared on the register of members as at March 24, 2016.

A new report by Boston Consulting Group has shown that Nigeria ranks 142 out of 149 countries on ability to convert wealth into well-being.

THE Central Bank of Nigeria (CBN) yesterday said that the country’s Terms of Trade (TOT) improved in the fourth quarter of 2015.

AFRICA Finance Corporation (AFC) said its 2015 fiscal year results despite a difficult operating environment, delivered strong underlying operating results. It said it achieved 25 per cent growth in its balance sheet, with total assets in excess of $3.2 billion. Its net interest income increased by 39 per cent to $108.4 million with net interest margins growing to 4.4 per cent, a 7 per cent improvement over the prior year, as the Corporation continues to lower its borrowing costs. Fees, commissions and other income however declined by 85 per cent largely due to one-off revenues of $46 million recorded in 2014.

The Bank of Industry (BoI) has received over 13,272 online applications in two weeks for its N10 billion facilities earmarked for on-lending to small businesses under its Youth Entrepreneurship Support (YES) programme.