Makemoneyinnigeria - makemoneyinnigeria.com - Make Money in Nigeria | Business-Finance News | Technology News
General Information:
Latest News:
Nigeria, others need $93b infrastructural financing, says World Bank 27 Jul 2012 | 12:05 pm
The World Bank has said sub-African countries including Nigeria need $93 billion annually for infrastructure development over the next decade. Also, the bank said 40 per cent of the amount would be ne...
CBN raises CRR to 12% as foreign reserves hit $37bn 27 Jul 2012 | 12:04 pm
The Central Bank of Nigeria, CBN, yesterday, tightened liquidity in the banking system, by raising the Cash Reserve Requirement, CRR, from 8.0 per cent to 12.0 per cent. With the new requirement, bank...
First Bank’s Q2 profit hits N46bn 27 Jul 2012 | 12:04 pm
First Bank of Nigeria Plc has recorded a profit after tax of N46bn in its result for the second quarter ended June 30, 2012. The result, which was released to the Nigerian Stock Exchange on Tuesday, n...
Nigeria’s external trade hits N17tr in three months 27 Jul 2012 | 12:03 pm
Aganga-ok NIGERIA may have started to balance its trade figures with trading partners, going by all-high transactions balance of $10.67 billion (N16.63 trillion) it recorded during the first quarter o...
Platform Petroleum targets 15,000bpd oil production from Egbaoma field 27 Jul 2012 | 12:03 pm
PLANS are underway by Platform Petroleum Limited to boost its oil production to 15,000 barrels of oil per day (bpd) in the next 10 years from its Egbaoma marginal field in Niger Delta. Managing Direct...
Nigeria to spend $1.2b on cassava, rice processing plants importation from China 27 Jul 2012 | 12:03 pm
THE Federal Government has unfolded plans to import 18 cassava processing plants from China, as part of efforts to add value to the comodity.. The Minister of Agriculture and Rural Development, Dr. Ak...
CBN, ILO to raise N1bn for women entrepreneurs 27 Jul 2012 | 12:02 pm
THE Central Bank of Nigeria, CBN in collaboration with the International Labour Organisation, ILO, is preparing a “Iinancial Initiative Inclusion” that will make available about N1billion with a singl...
BASF unveils new business strategies for Nigeria 27 Jul 2012 | 12:02 pm
Company has increased its presence in Africa by opening a new office in Nigeria to serve its customers in Nigeria and other West African countries. It has also expanded its scope of businesses to incl...
Nestle reports N11.5b profit, Nigerian Breweries up 2% 27 Jul 2012 | 12:02 pm
quoted companies on Wednesday submitted their second quarter financial results ended June 30, 2012 to the Nigerian Stock Exchange (NSE). Among these companies were Nestle Nigeria and Nigerian Brewerie...
Nigerian Stock Exchange Update: Market Performs Well Despite Negative Close 25 Jul 2012 | 10:27 am
The Nigerian Stock Exchange recorded a good performance today despite closing in the negative. A block trade in Dangote Cement (-3.93%) caused the All Share Index to fall 0.91%. On a sector-by-sector ...
