Templates by BIGtheme NET
Home >> Business


Brings you Business update directly from around the world

MMM is back, mavro unfrozen

МММ Nigeria Is Coming Back to Normal-[FROM P.O]

Dear members, MMM Nigeria lifts all the limits for Mavro, acquired in 2017. So, MMM Nigeria is coming back to normal. And now the members can actively develop the Community and create new requests to provide help. For these requests orders will soon arrive, and after Mavro’s confirmation it will be possible to withdraw these Mavro without any restrictions or ...

Read More »

ABUAD 2nd Batch Admission Screening 2016: Eligibility, Screening And Registration Details

​In view of the popular demand by the applicants who could not attend the first screening exercise due to the ongoing NECO examination and schools end of the year graduation, we have re-scheduled a 2nd Screening Exercise to take place on Saturday, 9th July, 2016 at all the Screening Centres across the Country. GENERAL INFORMATION The following candidates are entitled ...

Read More »

Dangote banks on refinery to buy Arsenal

Nigerian billionaire Aliko Dangote, who has expressed an interest in buying Arsenal, has told the BBC that he would be in a better position to buy the team as soon as the refinery he is building in Ondo State is completed and begins production. The businessman also said that Gunners needs new ownership and direction if they are to progress ...

Read More »

World Bank Commends Buhari’s Move to Address Past Corrupt Practices

      Cuts Africa’s growth forecast to 4.0% in 2015 *Says falling OIL PRICE unlikely to alter economic dominance Commends economic diversification James Emejo in Abuja The World Bank Chief Economist for Africa, Mr. Francisco Ferreira, on Monday welcomed the resolve of Nigeria’s President-elect, Major-General Muhammadu Buhari (rtd), to visit past corrupt practices, stressing that it would help strengthen ...

Read More »

Still on DStv Tariff Controversy…

  Early last week, I joined a social media discussion on the ruling of a Federal High Court in Lagos on the subscription fee increment announced by MultiChoice Nigeria Limited. The suit was filed two lawyers challenging what they consider as arbitrary increment in subscription rates imposed by MultiChoice Nigeria, operators of DStv and GOtv pay-TV platforms, on their subscribers. ...

Read More »

Fresh Upset in Oil Market May Put Buhari’s Economic Template to Task

With preparations underway for the inauguration of a new government of General Muhammadu Buhari, the winner of the March 28 presidential election, come May 29, economic watchers have said last week’s further slide in prices of crude oil at the international market may have necessitated a return to the drawing board by the General’s economic team. Although the All Progressive ...

Read More »
Mr. Godwin Emefiele, CBN Governo

Again, CBN Reads Riot Act on Nigeria’s Dollarisation

Obinna Chima The Central Bank of Nigeria (CBN) on Tuesday restated its resolve to prosecute anyone found transacting business in the country with any foreign currency as a medium of payment. The banking sector regulator stated that its attention had been drawn to the increasing use of foreign currencies in the domestic economy as a medium of payment for goods ...

Read More »
Electricity transformers

Julius Berger Mulls Partnership with Power Sector Investors

  Chineme Okafor in Abuja Construction giant, Julius Berger, has said it is considering potential partnerships with credible investors willing to invest in the upgrade of Nigeria’s electricity supply systems. Julius Berger, like General Electric (GE), which has staked claims in Nigeria’s emerging electricity industry with investments in capacity upgrade and technology transfer, has indicated that it will explore opportunities ...

Read More »

MPC: Falling Oil Prices, Inflation, Election Spending to Top Agenda

•  Probability of retention of existing rates high, says Rewane By Festus Akanbi As the Central Bank of Nigeria (CBN) begins its 243rd Monetary Policy Committee (MPC) meeting tomorrow, some of the issues that will top the agenda include the sinking oil prices, marginal increase in the nation’s inflation figure for the month of February, election-induced liquidity in the system ...

Read More »

7 of the Best… Contemporary Dining Chairs

      Looking for something lovely to put your coffee cup on? Side tables don’t have to fade into the background. In fact, these often inconspicuous pieces of furniture are perfect for putting a little more personality into your interior décor. Here are 8 innovative tables which will hold their own in any environment, from deluxe investment pieces to ...

Read More »

Ecobank, FCMB Unveil Initiatives to Empower SMEs

  Nume Ekeghe As part of efforts to boost the activities of operators of small and medium scale enterprises (SMEs) in Nigeria, First City Monument Bank (FCMB) Limited and Ecobank Nigeria Limited Thursday introduced separate initiatives to support the sector. Both financial institutions respectively unveiled special initiatives at separate media briefings held in Lagos. Specifically, Ecobank Nigeria launched an SME ...

Read More »
President of CITN, Mr. M. A. Chidolue Dike

CITN Sensitises Members on E-filing

Solomon Elusoji The Chartered Institute of Taxation of Nigeria (CITN) on Thursday held a training programme in Lagos geared towards sensitising its members on the process of electronic filing of tax returns and payments. The programme, which was held in collaboration with the Federal Inland Revenue Service (FIRS), focused on the need for tax consultants to embrace the new electronic ...

Read More »

Nigeria, Cameroon collaborate on oil spills containment

In order to effectively monitor and manage trans-boundary oil spills, Nigeria and its West Africa counterpart, Cameroon have commenced a two-day bilateral exercise geared towards testing communication between the two countries Officials from various government parastatals, including the Nigerian Army, Customs, Navy and the National Oil Spill Detection and Response Agency, NOSDRA, and their counterparts from Cameroon as well as ...

Read More »
China's exports of weapons surged by 143% in the five years to 2014 compared to the previous five years

China is third largest arms exporter

China has become the world’s third largest exporter of arms after the US and Russia, according to a new report. China overtook Germany, France and the UK in exporting weapons between 2010 and 2014, said the Stockholm International Peace Research Institute (SIPRI). China now accounts for about 5% of the world’s exports of arms. Three Asian countries, Pakistan, Bangladesh and ...

Read More »

Price increase painful, but necessary — MultiChoice MD

  John Ugbe, Managing Director, MultiChoice Nigeria, explains the organisation’s new subscription rates The hike in  MultiChoice’s  subscription rates has hit subscribers like lightning. The prevalent view is that MultiChoice has no justification for such and is just taking advantage of the lack of alternatives in the sector. How accurate is this view? Price  increases are always painful and we ...

Read More »

Share a Coke is about making an iconic brand personal to consumers

In January, Coca-Cola swapped its iconic logo with some popular names among Nigerians when it launched the Share a Coke campaign. Quickly the campaign inspired a sharing frenzy among consumers who were excited to share the moment with people that matter most to them. Adjudged as one of the best marketing campaigns, Share a Coke has continued to delight consumers ...

Read More »

Cyber bank robbers steal $1bn, says Kaspersky report

Up to 100 banks and financial institutions worldwide have been attacked in an “unprecedented cyber robbery”, claims a new report. Computer security firm Kaspersky Lab estimates $1bn (£648m) has been stolen in the attacks, which it says started in 2013 and are still active. A cybercriminal gang with members from Russia, Ukraine and China is responsible, it said. Kaspersky said ...

Read More »
© 2015. KokoUpdate All right reserved