Monday June 27 2016, Zenith Bank Chairman, Jim Ovia and a couple of high profile business people observed the breaking of Ramadan Fast with President Muhammadu Buhari. The extraordinary men and woman of commerce who were in attendance along with Ovia were Chairman Forte Oil, Mr. Femi Otedola; Mrs. Folorusho Alakija; …
Read More »Oil production rose to 1.9m barrels after talks with Militants – Kachikwu
NNPC GMD, Emmanuel Kachikwu Ibe Kachikwu, Minister of State for Petroleum Resources, has revealed that daily oil production has risen to 1.9 million barrels after much negotiations with Niger Delta militants. Kachikwu made this known on Monday, in China, where he revealed that activities of militants had cut Nigeria’s …
Read More »Tony Elumelu urges students to embrace entrepreneurship early
(FILE PHOTO) Tony Elumelu, Chairman, Heirs Holdings and UBA Plc, delivering keynote address at the Enugu Investment Summit. Students should start early to have an entrepreneurial mind-set; that way, they open up other options for gainful employment when they are ready to join the job market, says Tony Elumelu, Chairman …
Read More »Naira crashes to 288/dollar at new official market
The naira plunged by 31 per cent to 288.85 against the United States dollar on Monday at the close of trading at the newly established interbank market. The local currency also depreciated at the parallel market where it closed at 346 to the greenback, down from around 330 and 335 …
Read More »CBN appoints 15 forex primary dealers as naira floats
Nigeria’s central bank has appointed 15 of its commercial lenders as primary forex dealers, as the naira tumbled 30 percent after it lifted its peg on the currency, Reuters reported on Monday Dealers included Stanbic IBTC Bank, Standard Chartered Bank, Citibank, Zenith Bank, Access Bank , UBA, Sterling Bank, FCMB. …
Read More »IPOB: Let There Be Peace In Abia
Governor Theodore Ahamefule Orji of Abia State has admonished aggrieved persons and groups in the state to embrace peace, especially the sprouting group known as and called the Indigenous People of Biafra (IPOB). The governor disclosed this in a statement released by his Chief Press Secretary, Mr. Charles Ajunwa …
Read More »MEET EHONRE OLUWASEUN, THE MAN BEHIND THE DIVERSIFIED CONGLOMERATE, BAGGIE GROUP
Ehonre Oluwaseun (Born December 18, 1984) popularly known as Classic Baggie is a Nigerian business tycoon, entrepreneur, industrialist, building magnate & philanthropist. He is the group Chairman & group chief executive of Baggie Group, a diversified conglomerate based in Nigeria with business interests & subsidiary in neighboring West African Countries. …
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