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Business news

Day: May 4, 2017

Activities at the NSE maintain positive trend

Activities on the Nigerian Stock Exchange (NSE) on Wednesday maintained an upward trend with the All-Share Index crossing the 26,000 mark. The  market capitalization crossed the N9 trillion mark. The index appreciated by 151.61 points or 0.58 per cent to close at 26,116.79, against 25,965.18 achieved on the previous day. Also, the market capitalisation inched […]

Lagos targets N600b revenue in 2018

The Lagos State government is targeting not less than 600 billion Naira as Internally Generated Revenue (IGR) in the 2018 fiscal year. The Supervising Commissioner for Economic Planning and Budget, Mr Akinyemi Ashade says the state aims to achieve this feat through the widening of the tax net and improvement in reforms to enhance revenue […]

Nigerian state owned refineries to get investors in September

The Minister of State for Petroleum Resources, Dr Ibe Kachikwu, has said that state-owned refineries would have new investors in September, this year. Kachikwu made this known at a news conference on the sideline of the 2017 Offshore Technology Conference (OTC) in Houston, U.S. on Wednesday. He listed the refineries as Port Harcourt Refining Company […]

Senate to harmonise child adoption laws

Nigeria’s Senate President, Dr. Abubakar Bukola Saraki has pledged that the 8th Senate will harmonise all child adoption laws in the country to make it easier for Nigerians wishing to adopt children do so without hindrance.  Senator Saraki stated this when the South East Professional Women Association of Nigeria and the Diaspora (SEPWAND), visited him […]

UNICEF partners Nigerian Government on therapeutic food production

The United Nations Children Fund (UNICEF) says it is collaborating with Nigerian Government to ensure local production of Ready-to-Use Therapeutic Food (RUTF) to address nutritional needs of malnourished children. UNICEF Nutrition Specialist, Mr. Zakaria Fusheini, disclosed this in Abuja, and he said that the organization is providing technical support in the partnership. Fusheini gives assurance […]

Agency reviews family practices on children’s feeding

The Ebony office of the National Orientation Agency (NOA) has organized a review meeting on demand-creation for family practices to ensure that infants and young children are  properly fed.The review meeting held in Ebonyi North Senatorial Zone of the state. The state’s NOA Director, Dr. Emma Abba, said that the meeting was aimed at reviewing the resolutions and action-plans on essential […]

Maritime agency seeks partnership with private sector

The Nigerian Maritime Administration and Safety Agency (NIMASA) is seeking private sector participation over its forthcoming 5th largest floating dockyard expected in the country soon. The agency’s Director General, Dr Dakuku Peterside, who was represented by the executive Director, Finance & Administration, Bashir Jamon said this in Lagos during the ceremonial launching of four acquired […]

Nigeria’s oil production increases

Group Managing Director of the Nigerian National Petroleum Corporation NNPC, Dr Maikanti Baru says there is a significant increase in the country’s oil production rate. Addressing Journalists after a closed door meeting with President Muhammadu Buhari on Tuesday, the Group Managing Director said he was not aware of any plan to increase the price of […]

Turkish Airlines Apologises To Glisten Int’l Academy For Abandoning 22 Pupils,Instructors In Istanbul

Turkish Airlines Apologises To Glisten Int’l Academy For Abandoning 22 Pupils,Instructors In Istanbul Turkish Airlines, has finally apologised to the 22 pupils and instructors of Glisten International Academy, Abuja, it abandoned at Ataturk Airport in Istanbul, Turkey. However, Newscorner.com.ng is yet to understand if the letter of apology written by the airline was the first […]