Category: Opinion

Manufacturing sector grow by 0.14 percent in 2017 Q4 as against the corresponding quarter in 2016 -MAN

  Lagos: The Manufacturers Association of Nigerian (MAN) in her executive summary of second half reports of 2017 released showed that the manufacturing sector output grew by 0.14 percent in the fourth quarter of 2017  up from -2.54 percent recorded in the corresponding quarter of 2016;  thereby by indicating 2.68  percentage point increase  over the …

Eko Disco raises alert over extortion of customers by illegal group

The Eko Electricity Distribution Company Plc ( EKEDC) has raised alarm over some illegal group extorting money from customers under the guise of fighting for electricity customers rights. Godwin Idemudia, the General Manager, Corporate Communications of the company warned customers to desist from patronising such unregistered group who are out to defraud customers. Idemudia disclosed…

Nigeria will not support additional oil supply by OPEC – Kachikwu

The Minister of State for Petroleum Resources, Ibe Kachikwu, said Nigeria would advise against additional oil supply to the global market by OPEC and non-OPEC members. Kachikwu made the country’s position known in an interview with journalists on Thursday ahead of the 174th Meetings of the OPEC Conference and the OPEC and non-OPEC Ministerial meeting…

FirstBank Begins CSR Week across 8 Countries tagged ‘Start Promoting Acts of Random Kindness

……Reignite Acts of kindness in 800 business communities on FirstBank Begins CSR Week across 8 Countries Lagos: “The 2018 Corporate Responsibility and Sustainability week will amplify the Bank’s Employee Giving and Volunteering scheme as we all collaborate across our business communities to create sustainable impact, touch lives and make our societies a better place to…

UBA, Zenith Bank and FBNH accounts for 325.580mn shares out of turnover of 1.097bn shares

The management of trading floor of The Nigerian Stock Exchange (The NSE) on Friday June22, 2018 released traded data for the week which showed three equities namely – United Bank for Africa Plc, Zenith International Bank Plc and FBN Holdings Plc toped the chart by volume, accounted for 325.580 million shares worth N4.854 billion in…