GE to provide energy solutions to help foster economic development and growth in Benin and Cote d’Ivoire. In Benin, GE will supply the nation’s first Advanced Distribution Management System (ADMS), this grid solution is expected to increase energy reliability and efficiency. In Cote d’Ivoire, GE will rehabilitate and improve the power capacity of the Ferke, Man
- Suite B2, 229, Ikotun - Idimu Road, Lagos Nigeria
- Call Us Today : +2348023088874
Contact Us
- info@businessjournalng.com
- +2348023088874
Business Journal, Author at Business Journal - Page 2 of 136
April 4, 2019
GE Reinforces Commitment to Energy Access in West Africa
- By : Business Journal
- Energy, IT & Telecom
April 4, 2019
Stock Market Extends Bearish Performance… ASI Down 0.4%
Yesterday, the bearish performance of the local bourse continued into the fourth consecutive trading session on the back of losses in DANGCEM (-0.5%), ETI (-3.3%) and ACCESS (-4.3%). As a result, the Benchmark Index fell by 39bps to 29,553.12 points as YTD loss worsened to -6.0% while market capitalisation fell by N43.4bn to N11.1tn. In line with yesterday’s performance, activity level worsened
April 3, 2019
Old Mutual Insurance Unveils ‘Protect Your Dreams’ 2-in-1 Savings Plan
Old Mutual, has launched its 2 in 1 Savings Plan for customers in Nigeria, especially young professionals and families. With a minimum monthly contribution of N5,000, customers can save up funds for a period of five or ten years to fund their future financial goals. The plan also gives the customer the opportunity to access
- By : Business Journal
- Insurance
April 3, 2019
BudgIT Tasks Buhari on N13tr Fuel Subsidy Corruption in 13 Years
To the detriment of socio-economic developments, Nigeria has spent nothing less than N10 trillion on petrol import subsidy between 2006 and 2018. Let it be known: Nigeria is dancing on the edge of a razor blade by continuing its subsidy regime. According to our recent research “Nigeria’s Petrol Subsidy Regime: Dilemma of the World’s Most
- By : Business Journal
- Economy
April 3, 2019
Domestic Equities Market Continues Losing Streak… ASI Down 1.0%
Yesterday, the domestic equities market extended its losses to the second trading session of the week on the back of sustained losses in NIGERIAN BREWERIES (-9.7%), NESTLE (-3.5%) and UNILEVER (-8.5%). As a result, the Benchmark Index shed 1.0% to 30,226.7 points while YTD loss further dipped to -3.8% and N169bn was wiped off investors’ wealth as market capitalisation fell
April 3, 2019
Japan Supports North-East Rehabilitation with $1.5m
The Government of Japan has released $1,500,000 to fund community stabilisation activities in Nigeria’s North-East region. These funds will be utilised through an ongoing programme launched in 2016, implemented by the United Nations Development Programme in Nigeria. The interventions being implemented in the region are aimed at supporting victims of Boko Haram insurgency in the
- By : Business Journal
- Economy
March 31, 2019
NCC Lists Reasons for Stringent SIM Card Processes
The Nigerian Communications Commission (NCC) has again explained to telecoms consumers on why it reviewed and made the process of replacing lost, stolen or damaged Subscriber Identity Module (SIM) cards more stringent. The Commission made the clarification while addressing various service-related concerns and issues raised by telecoms consumers during a Consumer Conversation Programme (CCP) hosted
- By : Business Journal
- Insurance, IT & Telecom
March 31, 2019
Nigeria Shines in Latest Emirates Brand Campaign
The talent, energy, creativity and global appeal of Nigerian and African artistes is being celebrated by Emirates in its new pan-African brand advertising campaign. The world’s fastest growing airline is taking the message of ‘New Africa’ to the world. The campaign video highlights the achievements of Nigerian-born, Abiola Oke and amplifies the energy and rich
- By : Business Journal
- Aviation
March 29, 2019
Buhari, PenCom Launch Micro Pension Plan for Informal Sector
President Muhammadu Buhari launched the Micro Pension Plan yesterday in Abuja, ably supported by Mrs. Aisha Dahir-Umar, Acting Director-General, National Pension Commission (PenCom). The event was witnessed by various relevant associations and trade groups in the country to herald the emergence of a pension plan for Nigerians working in the informal sector of the economy.
- By : Business Journal
- Insurance
March 29, 2019
Emirates Celebrates the Spirit of Africa with Latest Brand Campaign
Emirates has launched a pan-African brand advertising campaign that celebrates the talent and achievements of young Africans, taking the message of ‘New Africa’ to the world. The campaign also features an original music video produced by Kenyan musician and DJ Blinky Bill, inspired by contemporary African electronic club music. Paying tribute to a new generation
- By : Business Journal
- Aviation
March 28, 2019
Africa Bancassurance MasterClass 2019 Holds April 16 in Lagos
The Africa Bancassurance Academy would like to notify the financial media and the business community that the 4th Africa Bancassurance Masterclass, the flagship bancassurance training programme of the Africa Bancassurance Academy Limited a.k.a. School of Bancassurance will hold in Lagos Nigeria on 16 – 18 April 2019. In the post universal banking era and precisely
- By : Business Journal
- Aviation
March 28, 2019
Stock Market Slightly Upturns After Bearish Run… ASI Up 1bp
The local bourse slightly upturned at the close of trade yesterday following price appreciation in GUARANTY (+2.5%), PRESCO (+9.7%) and NASCON (+9.9%). As a result, the All Share Index (“ASI”) rose 1bp to 30,833.5 points, YTD return stagnated at -1.9% while market capitalisation increased by N1.5bn to N11.6tn. In the same vain, activity level improved as volume and value traded advanced 1360.2%
March 27, 2019
‘IFRS 9 Will Enhance Transparency of Financial Transactions in Insurance Sector’
Mr. O.S. Thomas, Deputy Commissioner (Technical), National Insurance Commission (NAICOM) says the adoption and effective implementation of the International Financial Reporting Standards (IFRS 9) will ultimately enhance transparency in financial transactions in the insurance industry in Nigeria. Thomas said in Lagos that the Commission has already issued a guideline on IFRS 9 to operators in
- By : Business Journal
- Insurance
March 27, 2019
Apple Takes a News Bite: Blue Ocean Strategy in Action or Red Ocean in Motion?
By Dr. Phil Osagie Global Lead Strategist Jsp Communications Apple launches news subscription service. Photo: New York Times Given Apple’s sound reputation monopoly and its insanely legendary sense of innovation, when Apple sneezes, the competition catches a cold! With the latest launch of a News Subscription service in a fiercely competitive news market, it is
- By : Business Journal
- IT & Telecom
March 27, 2019
Africa’s Digital Economy Needs Cross-border Co-operation to Succeed
Africa still lags behind the rest of the world in its digital transformation, and in spite of a growing number of innovative solutions, the on-going lack of adequate infrastructure and connectivity is preventing the continent from realising its true economic potential. The best and fastest way to overcome these barriers may lie in heightened cooperation
- By : Business Journal
- IT & Telecom
