The construction of the 650,000 barrels of crude oil per day by Dangote Refinery is expected to help Nigeria save over N2.7 trillion ($7.5 billion) through import substitution. The project, will put Nigeria on the global map as major oil and gas hub in Africa, the Group Executive Director, Devakumar Edwin has hinted. Nigeria currently […]
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If you worry that you, or your children, spend too much time on social media, worry no more as Facebook and Instagram on Wednesday said they want to help you take control. In a statement, the social media giants — which are both owned by Facebook — announced: “new tools to help people manage their time” spent on […]
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NIGERIA – The minister of trade and investment, Okechukwu Enelamah, says there is no cause for alarm in respect to the recent global poverty report released by Brookings Institution – a report that said Nigeria has replaced India as the world’s poverty capital with six people slipping into poverty every minute. While responding to questions […]
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The Group Chairman, United Bank for Africa (UBA) and one of Africa’s top businessman, Mr. Tony Elumelu, has stressed the need to change the African narrative while concentrating on the myriad of opportunities inherent in the continent, stating that its economic transformation and stimulation should be the focus of all governments and global institutions. This, […]
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Transnational Corporation of Nigeria Plc (Transcorp), Nigeria’s foremost conglomerate, has announced financial results for its second quarter ended June 30, 2017, showing significant growth in key financial indicators. The company recorded N4.2bn as profit after tax (PAT) for the half-year ended 30th of June 2017, translating into 134 per cent growth compared to the loss of N12.19bn […]
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Chairman, Heirs Holdings, Tony O. Elumelu, CON, charged the public sector to urgently fix bureaucracy and the process of doing business in Nigeria to promote, attract and retain willing investment partners in the country. He made this call yesterday while discussing the topic “Nigeria Open for Business” at the 2017 National Insurance Conference organised by […]
Continue Reading(NAN) The United Kingdom has launched super priority visa service in Nigeria to allow customers to process their applications within 24 hours. In a statement posted on its website, the British high commission said the new service was brought up to particularly meet the needs of those requiring urgent traveling service. The statement said Paul […]
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Declares 20 Kobo Interim Dividend Pan-African financial services group, United Bank for Africa Plc, has announced its audited 2015 half year financial results. The results showed strong growth in earnings and profits, as the Bank continued to benefit from its determination to provide value to its large customer base in Nigeria, its increasingly important pan African […]
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Nkem Ndem Business travel seem to be a treat as the first trip gives a certain rush, however, after hundreds of thousands of stress induced panic attacks, you start to realize why people complain about travelling for work. Between the early-morning airport shuttles, the flight delays that airlines are famous for, followed by a whirlwind […]
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Bold move strengthens operations in West Africa South African Airways (SAA) the leading carrier on the African continent, announced the launch of its inaugural flight between Accra, Ghana and Washington DC in North America. The announcement was made at the Labadi Beach Hotel in Accra, Ghana, on Friday, 31 July at a function attended by […]
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