Tuesday, October 19, 2021

Business

NewsLodge Revenue Sharing Program, How To Get Started (All you need to know)

Do you know that you can get paid to engage on your articles online in Nigeria? Yes! With the NewsLodge Revenue Sharing Program, you can start earning daily by reading news, sharing news, and commenting (nonspam). Many...

China to inject $174 billion of liquidity on Monday as markets reopen

China’s central bank said it will inject 1.2 trillion yuan ($174 billion) worth of liquidity into the markets via reverse repo operations on Monday as its stock markets prepare to reopen amid an outbreak of a new coronavirus.

We won‘t sign minimum wage agreement that ‘ll lead to retrenchment…

Labour leaders during the rally to create awareness on the new Minimum Wage for workers organised by the Nigeria Labour Congress The Nigeria Labour Congress (NLC) in Ondo State says the organised labour will not sign any new minimum wage...

Presidency explains Finance Act 2019

The presidency had made public the breakdown of Finance Bill, 2019, which was submitted to the National Assembly by President Muhammadu Buhari alongside the 2020 Appropriation Bill, and signed into law by the president on Jan. 13, 2020.

Banks weigh options for meeting the new LDR threshold

Deposit money banks are reassessing their strategy to meet the new minimum Loan-to-Deposit Ratio, LDR, of 65 percent prescribed by the Central Bank of Nigeria, CBN, mid last year.This followed the insistence of the apex bank in ensuring the...

C & I Leasing N3.2bn rights issue closes today

C & I Leasing Plc Rights Issue of N3.2 billion will close today, Monday, January 13, 2020, following the extension period granted the company by the Securities and Exchange Commission (SEC). The SEC had granted C&I Leasing Plc a...

BUA Cement shares up 6.63% to N41 per share

THE shares of BUA Cement Plc rose again by 6.64 percent on Friday, a day after its listing on the Nigerian Stock Exchange (NSE) following buy interest from investors. The stock, which was listed at N35 per share, rose...

Banker advocates millennial focused cross generational workplace

A BANKER and the Convener of the Employee Marketplace (EMP) Initiative, Mr. Nduneche Ezurike, has called on organisations to embrace millennial focussed cross generational workplace.NBC trains 16,000 youth entrepreneursHe stressed that this becomes imperative in...

ABCON cautions FG on France involvement in ECO currency

Association of Bureaux De Change Operators of Nigeria (ABCON) has advised the Federal Government to be wary of the involvement of France in the Eco currency project.NGO, CBN inaugurate 10,000 hectares oil-palm plantation in KogiGiving...

N479.9bn inflow to boost interbank liquidity

Naira appreciates as external reserves decline to $38.289bn THE interbank money market will this week receive liquidity boost of N479.9 billion from matured treasury bills, hence expectation of decline in cost of funds.2020: Money market instruments to account for chunk...

How investors purchased N19trn treasury bills in 2019

…OMO TBs dominate by 85% INVESTORS purchased N19 trillion worth of treasury bills (TBs) in 2019, with Open Market Operations (OMO) bills accounting for 85 percent of the purchase.This, however, represents 25 percent decline, year-on-year, y/y), when compared with N37.9 trillion...

CIS seeks overhauling of financial system to attract growth, development

CHARTERED Institute of Stockbrokers (CIS) has called for the overhauling of the nation’s financial system to attract more growth and development in the economy.Certificate no longer enough, world of work requires skills ― UI VCBesides, the...

Ecobank unveils N70bn agric financing scheme

…To host agribusiness summit ECOBANK Nigeria has announced an Agriculture Businesses Finance Scheme where it plans to disburse additional loan of N70 billion for practitioners in different value chains of agriculture within the next two years. This announcement is coming...

Inaccurate data, govt interference, inefficiency threaten power supply – GENCOs

THE Electricity Generation Companies, GENCOs, have identified inaccurate data, government interference, and inefficiency as major factors, currently affecting power supply in the country.Electricity generation Stations In a report obtained by NewsLodge, the GENCOs explained that the...

Allow private sector to do more — CIBN boss charges FG

PRESIDENT/Chairman of Council, Chartered Institute of Bankers’ of Nigeria (CIBN), Dr. Uche Olowu has called on the federal government to allow increased private sector participation in the development of the country.LCCI releases 2019 Economic Review, outlook for 2020

Equity investors record N2.17trn gains in one week

…Operators project further rally EQUITY investors recorded a whooping N2.17 trillion gains last week following renewed interest and search for higher yields. This comes as investment analysts said that the rally seen in the equities market would continue to the...

Ecobank opens up financing scheme, to host Nigeria’s biggest Agric-Business, food summit

Ecobank Nigeria has announced an Agriculture Businesses Finance Scheme where it plans to disburse additional loan of N70 Billion for practitioners in different value chains of Agriculture within the next two years.This announcement is coming just as...

Re: Nigeria in dire need of salvation

RIGHT OF REPLYI READ the brilliant article in the NewsLodge Newspaper of January 6, 2020 titled: “Nigeria in Dire Need of Salvation” by my friend of over 20 years, Augustine Okhiria Agbonsuremi, a seasoned and fearless...

Budgeting apps a good way to achieve financial resolutions

It’s five days into the new year, how are those financial resolutions coming?  A way to jump-start those goals is to grab a smartphone and download a budgeting app for a quick “reckoning,” said Lauren Silbert, general manager of...

Notore draws N13.32 billion facility from Afrexim Bank

NOTORE Chemical Industries Plc, has drawn down a N13.32 billion facility from the African Export-Import Bank (Afreximbank) for a Turn-Around Maintenance (TAM) programme to achieve nameplate capacity of its plant in 2020.This was disclosed in...
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Buhari government modifies charges against Nnamdi Kanu ahead of Thursday’s trial: lawyer

We Love You To Like Our FB-PageThe federal government led by President Muhammadu Buhari has changed the charges against pro-Biafra agitator Nnamdi Kanu.The amended...

Download Hotkid – Mandem ft. Kwesi Arthur & DTG- Mp3 Song

We Love You To Like Our FB-PageDownload Hotkid – Mandem ft. Kwesi Arthur & DTG- Mp3 SongHotkid – Mandem ft. Kwesi Arthur & DTG Hotkid...

FG confirms the arrival of the last batch of Super Tucano jets

We Love You To Like Our FB-PageThe Federal Government has received all 12 A-29 Super Tucano fighter jets expected from the United States.The Minister...

2023: young people from the north support the shift of power to the south

We Love You To Like Our FB-Page.… Mobilize 20 million votes for Osinbajo, KANO A Northern Youth Coalition under the auspices of the Osinbajo...
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Buhari government modifies charges against Nnamdi Kanu ahead of Thursday’s trial: lawyer

We Love You To Like Our FB-PageThe federal government led by President Muhammadu Buhari has changed the charges against pro-Biafra agitator Nnamdi Kanu.The amended...

Download Hotkid – Mandem ft. Kwesi Arthur & DTG- Mp3 Song

We Love You To Like Our FB-PageDownload Hotkid – Mandem ft. Kwesi Arthur & DTG- Mp3 SongHotkid – Mandem ft. Kwesi Arthur & DTG Hotkid...

FG confirms the arrival of the last batch of Super Tucano jets

We Love You To Like Our FB-PageThe Federal Government has received all 12 A-29 Super Tucano fighter jets expected from the United States.The Minister...

2023: young people from the north support the shift of power to the south

We Love You To Like Our FB-Page.… Mobilize 20 million votes for Osinbajo, KANO A Northern Youth Coalition under the auspices of the Osinbajo...
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