BUSINESS Archives - Page 139 of 162

UBA GROUP APPOINTS NEW GROUP MANAGING DIRECTOR

March 2, 2016March 1, 2016Ayo Olowo

At a meeting held at UBA House, the UBA Group Board today (Tuesday) approved the appointment of Kennedy Uzoka as the new Group Managing Director, with effect from August 1st, 2016 and subject to the approval of the Central Bank of Nigeria. Mr Uzoka succeeds Phillips Oduoza, who retires on July 31, 2016, after two terms of leading the UBA Group. Kennedy Uzoka has most recently been leading the transformation agenda of the Bank, after returning from completing the Advanced Management […]

#NoBankingDay: what is going to happen today?

March 1, 2016February 29, 2016Ayo Olowo

Today (Tuesday), is the day Nigerians are planning to boycott banking activities, an action aimed at protesting exorbitant deductions by banks.Consumer Advocacy Foundation of Nigeria, a not-for-profit group dedicated to advocacy for consumer rights and protection in Africa’s largest consumer market is in the forefront of the protest, which has already gathered momentum on social […]

We’ll create an enabling environment for investments – Buhari

March 1, 2016February 29, 2016Ayo Olowo

NIGEIRA- President Muhammadu Buhari has guaranteed that Nigeria would remove any impediment that could hinder investment in the country. A statement in issued in Abuja on Monday by Femi Adesina, Special Adviser on Media and Publicity to the President, said President Buhari was speaking at a meeting with senior executives of Qatar Chamber of Commerce […]

FUEL SCARCITY: NNPC is responsible

February 29, 2016February 29, 2016Ayo Olowo

There have been speculations, as to the actual cause of queues that are beginning to build up in service stations across Nigeria. In its bid to set matters straight, the Petroleum Tankers Drivers (PTD), which is a Branch of National Union of Petroleum and Natural Gas Workers (NUPENG) has put the blame for fuel scarcity […]

Ideologies don’t deliver results for the poor – Ezekwesili

February 29, 2016February 29, 2016Ayo Olowo

In this first of a three-part article, my aim is to get President Muhammadu Buhari to reevaluate his obvious discomfort with the workings of a market economy and change so that he can effectively lead the CHANGE agenda that he promised Nigerians. The engine of wealth creation and poverty reduction is the private sector when […]

Former CBN Governor, Sanusi and Osinbajo disagree on devaluation

February 29, 2016February 28, 2016Ayo Olowo

Yemi Osinbajo, Nigeria’s Vice President, on Saturday reiterated the position of the Federal Government on devaluation of the naira, stating that the currency would not be devalued. However, a former Central Bank of Nigeria (CBN) Governor, Joseph Sanusi, replied that delaying the devaluation was postponing the evil day. The positions were taken at a town […]

Jovago partners MTN to provide affordable hotels to subscribers

February 25, 2016February 25, 2016Ayo Olowo

Hotel booking portal, Joavgo.com and mobile telecommunications company, MTN have entered a partnership which will deliver to MTN’s Music+ subscribers’ discounts worth 20% OFF on all hotel booking around the country, as a means to providing affordable, convenient and easy accommodation services anywhere in the world. The partnership with Jovago will deliver to MTN’s Music+ […]

GTBank applauds world class play at 2016 Lagos Polo

February 25, 2016February 25, 2016Ayo Olowo

Following a successful two-week of exciting polo, music, fashion, champagnes and cocktails, the 2016 NPA Lagos International Polo Tournament came to a grand close on Sunday 21st February 2016 at the Lagos Polo Club, Ikoyi, Lagos. From thrilling performances by players and music stars, to the dazzling GTBank Lounge where guests were treated to epicurean […]

Naira now N364 to a dollar at parallel market

February 24, 2016February 24, 2016Ayo Olowo

The naira gained N6 on Tuesday, as it traded at N364 to the dollar at the parallel market. The News Agency of Nigeria (NAN) reports the naira exchanged at N370 to one dollar on Monday. Mr. Buhari had on February 20 insisted that the government would not devalue the naira in spite of wide gap […]

Supersport introduces two new sport channels in Nigeria

February 23, 2016Ayo Olowo

MultiChoice, operator of Direct-To-Home satellite television (DSTV), has launched two new sport channels for Nigerian subscribers, SuperSport 11 (DStv channel 211, Nigeria: channel 231) and SuperSport 12 (DStv channel 212, Nigeria: channel 232). As revealed on SuperSport.com the two new sports channels, SuperSport 11 (DStv channel 211, Nigeria: channel 231) and SuperSport 12 (DStv channel […]