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How Banking Practices Stifle Business Growth In Nigeria – Speaker Dogara 

By   /  March 12, 2018  /  Business Update  /  No Comments

The Speaker of the House of Representatives, Hon. Yakubu Dogara, has called for action to be taken concerning prevalent banking practices which have adverse effects on business growth and entrepreneurship in Nigeria. Speaking at the launch of a book on banking reforms by a member of the House of Representatives  Dr. Bode Ayorinde, representing Owo/Ose […]

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Tambuwal: High Interest Rate Hurting Small Businesses

By   /  March 8, 2018  /  Business Update  /  No Comments

The prevailing interest rate charged by banks is hurting small businesses in the country and should be reviewed downwards to enhance growth and economic stability, Sokoto state Governor, Aminu Waziri Tambuwal, has said.   Speaking in Sokoto when he received the Managing Director of the United Bank for Africa (UBA) Plc, Mr. Ken Uzoka, Tambuwal […]

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SDGs: Buhari’s Aide Demands Improved Women Empowerment

By   /  March 8, 2018  /  Business Update  /  No Comments

As the global community settles down for the implementation of the Sustainable Development Goals, SDGs, the Senior Special Assistant to the Nigerian President on SDGs, Princess Adejoke Orelope-Adefulire has listed improved women empowerment as a major key to the attainment of sustainable development.   The Presidential adviser made this remark in a statement released in […]

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Tambuwal Commends Jaíz Bank

By   /  February 20, 2018  /  Business Update  /  No Comments

Jaiz Bank has done much to create a unique identity and boost ethical operations in the banking sector in the country, Sokoto State Governor, Aminu Waziri Tambuwal has said. He spoke when the Managing Director of Jaiz Bank, Hassan Usman, paid a visit to him in Sokoto. A statement issued by the Governor’s spokesman, Malam […]

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Sokoto Govt, Boi To Disburse N2 Billion To Small Businesses

By   /  February 12, 2018  /  Business Update  /  No Comments

Sokoto Government and the Bank of Industries (BoI) will disburse the sum of N2b to support small scale businesses in the state. Already, the state government said it has released its counterpart fund of N1 billion to BoI for the scheme. Malam Imam Imam, the Special Adviser on Media and Public Affairs to Governor Aminu […]

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Tension In CBN As Workers Plan To Down Tools, Call For Emefiele’s Sack

By   /  February 6, 2018  /  Business Update, Headlines  /  No Comments

An atmosphere of tension is currently brewing in the Central Bank of Nigeria (CBN), as workers of the country’s apex financial institution are planning to shut the doors of the bank any moment from now. Abusidiqu exclusively gathered that the plan by the workers of the bank to embark on strike resulted from the outcome […]

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Africa Prudential Revolutionises Registrar Services, Launches “Personal Registrar USSD *4018#

By   /  January 31, 2018  /  Business Update  /  No Comments

In line with its determination to dominate and redefine the landscape of registrar service delivery in the country, Africa Prudential Plc, has unveiled her new USSD code, *4018# tagged “Personal Registrar”. The USSD code, *4018#, which was unveiled in Lagos on Wednesday enables shareholders to perform  a lot of tasks including checking their outstanding dividend, […]

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We Passed Bill Demutualising NSE To Reduce Inequality- Dogara

By   /  January 29, 2018  /  Business Update  /  No Comments

The Speaker of the  House of Representatives, Hon. Yakubu Dogara,   has explained that the decision to demutualise the Nigerian Stock Exchange was based on the need to open up the capital market to make it more attractive to investors, and to ensure that it conforms to global best practices. The House, last week, adopted the […]

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Africa Promises Good Investment Opportunity, Says Elumelu

By   /  January 27, 2018  /  Business Update  /  No Comments

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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Governor Ganduje Signs Kano 2018 Appropriation Bill Into Law

By   /  January 26, 2018  /  Business Update  /  No Comments

Kano state governor Dr. Abdullahi Umar Ganduje has signed the state 2018 Appropriation bill into law, which is in the tune of N 246, 608, 850, 598. The governor, had in November 2017, presented a proposed appropriation bill of N233, 828, 850, 598 to the state House of Assembly for ratification, which was reviewed upward […]

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