Business

The National Association of Air Transport Employees (NUATE) has called on the President elect, Muhammadu Buhari to appoint aviator as the next aviation minister in order to stop cutting corners and move the industry forward.

Unity Bank Plc has explained that the bank embarked on share reconstruction in order to sustain its business module and enhance profitability. Speaking in Lagos at the Bank’s ‘Fact Behind the Figure’ presentation on the floor of the Nigeria Stock (NSE), the Managing Director of the Bank, Henry Semenitari explained that the initial volume of shares…

Capital market shareholders have lauded the Securities and Exchange Commission (SEC) decision to suspend BGL Asset Management Limited (AML) and its subsidiaries from capital market activities, saying the development is a indications that the new regime would operate with zero tolerance to market infractions. SEC, at its meeting held on May 19, 2015 considered the…

RESEARCH experts have stressed the need to create a data revolution that would be extraordinarily useful in the formulation of public policy, allocation of government resources, and creation of effective development strategies in Nigeria and across Africa. Specifically, the Director , The Tony Elumelu Foundation’s Africapitalism Institute, David Rice, while addressing participants  during the three-day…

Challenged by the desire to enhance market access of locally manufactured goods, the United Nations Industrial Development Organisation (UNIDO) and the Standards Organisation of Nigeria (SON) have commenced the implementation of National Quality Infrastructure (NQI) project for Nigeria. According to the agencies, the move is expected to improve the ratio of compliance of made-in-Nigerian goods…

The Bank of Industry (BoI) has called on the federal government to pay a close look at funding investments in the solid mineral space, noting that‎ the industry has the potential to attract huge foreign exchange if developed. The Managing Director, BOI, Mr. Rasheed Olaoluwa, explained that most countries in the continent have been able…

Shortfall in revenue generation, occasioned by the slump in oil prices, has forced the Federal Government to expand its scope of raising income. It is now targeting rich Nigerians who can afford to own private jets or fly in premium cabins (first and business classes), to pay special levies known as luxury tax.

STAKEHOLDERS in the maritime sector have cautioned the Federal Government against what they described as ‘hasty’ implementation of the National Automotive Policy introduced in 2013.

FIDELITY Bank Plc has assured investors that the bank is well positioned to leverage emerging opportunities in the global financial space, even as it targets seven percent net interest growth in 2015.

Investing.com Shares in Tokyo gained despite a downward revision in wages data with Hong Kong and Shanghai also up and Sydney down. The Nikkei 225 rose 0.66%, while the Shanghai Composite jumped 2.72% and the Hang Seng index gained 0.40%.

THE Federal Government has been urged to redeem its guarantee on the Series 3 Bond, which is maturing on May 24, 2015 with obligation to pay N24.564 billion to Note holders.

AFRICA’S money that could be used to improve lives and reduce poverty is leaving the continent through illicit financial flows defined as money illegally earned, transferred and used.