Abuja Chamber of Commerce seeks more mineral export
THE Abuja Chamber of Commerce Limited (ABUCIL) has urged the Federal Government to encourage formal export of mineral resources through massive awareness campaign to create additional sources of revenue. The chamber made the call when Chidi Okoli, the Chamber’s Vice President, Mines, led a delegation to pay a visit to the Minister of Mines and Steel Development, Arc. Musa Mohammed Sada, in Abuja.
Dangote Cement targets 54m tonnes, pays N6 dividend
FOLLOWING an expansion exercise that has seen it embarking on a pan African investment drive, Dangote Cement Plc has unveiled a production target of at least 54 million metric tonnes by the end of 2017.
Customs clears 8,419 imported vehicles at Seme border in three months
THE Seme command of the Nigeria Customs Service (NCS) cleared not less than 8,419 imported vehicles between January and March, this year.
FG inaugurates global technology, investment promotion
The Federal Government, on Tuesday, inaugurated the United Nations Industrial Development Organisation’s first global Technology and Investment Promotion Office in Nigeria.
‘Financial planning is essential in ‘prevailing economic realities
THE Managing Director/CIO, FBN Capital Asset Management, Michael Oyebola, has underscored the importance of personal financial planning in the face of the prevailing economic realities arising.
European shares slide as Atlas Copco, Commerzbank fall
EUROPEAN stock markets dropped after some weaker-than-expected corporate updates, with mining equipment group Atlas Copco and Commerzbank among the hardest hit.
Wall Street reverses course to trade higher
U.S. stocks edged up in volatile trading, reversing earlier declines, on strong earnings from Merck, better-than-expected housing data and a dividend hike from IBM.
NSE’s market capitalisation slides further by N27 billion
Transactions on the floor of the Nigerian Stock Exchange NSE yesterday continued in a bearish trend, as more bluechip companies depreciated in price, resulting to a further slide in market capitalisation by N27 billion.
Ecobank unveils advantage banking service
ECOBANK Nigeria has unveiled Advantage Banking, a dedicated service for the mass affluent and upwardly mobile segment of society. Advantage Banking by Ecobank offers convenience and ease in carrying out banking transaction for customers within the category. The Advantage Banking initiative which suggests the redefinition of banking service in Nigeria is characterized by the design…