Quest for the Truth and Justice

Archive for the Category ‘Business’

Kwara @50: Draw economic blueprint, Sarah Alade tasks Gov. Ahmed

Kwara @50: Draw economic blueprint, Sarah Alade tasks Gov. Ahmed

With Matthew Denis Kwara State can only experience quantum leaps development if the present administration draws an economic blueprint to reposition the state towards achieving economy prosperity. This was the submission of former Acting Governor of Central Bank of Nigeria (CBN), Dr. Sarah Omotunde Alade while presenting a paper as guest lecturer at Kwara@50 anniversary […]

Setup PPP to provide capital for investors – Jani Ibrahim

Setup PPP to provide capital for investors – Jani Ibrahim

The Chairman, Lubcon Industries, Engr. Jani Ibrahim has called on the Kwara State government to setup a Public Private Partnership to provide start-up capital for investors in the state. Speaking at the occasion, he said “The state government should design a PPP arrangement to provide ventures with capital funds, encourage networking investors, crowd funding ties […]

Give 5yrs tax waiver to SMEs – KWIRS Chairman

Give 5yrs tax waiver to SMEs – KWIRS Chairman

The Executive Chairman of Kwara State Internal Revenue Service (KWIRS), Dr Muritala  Awodun has suggested tax holiday for Small and Medium Enterprises (SMEs) as a strategy to boost their  businesses for economic growth and development. Speaking at the event, he said the recommendation is based on the study carried in the past that showed that more than […]

MAN Chair to KWSG, set-up team to review economic paper

MAN Chair to KWSG, set-up team to review economic paper

The Chairman of Manufacturers Association of Nigeria (MAN) Kwara and Kogi branch, Alhaji Kamaludeen Yusuf has called on Kwara State government to adopt the paper presented by the guest speaker and Former CBN Deputy Governor, Dr. Sarah Alade for its economy policies toward the growth and development of the state. He said, “I am calling […]

Company Analysis: FCMB Group Plc holds 4th AGM as shareholders commend 2016 performance, approve dividend

Company Analysis: FCMB Group Plc holds 4th AGM as shareholders commend 2016 performance, approve dividend

With Matthew Denis The 4th Annual General Meeting (AGM) of FCMB Group Plc held on Friday, April 28, 2017 at the Shell Hall, Muson Centre Onikan, Lagos. Shareholders of the Group applauded the financial institution for its resilience, dynamism and the enhanced performance recorded last year despite the challenging operating environment. The shareholders also unanimously […]

Stock Exchange: Last 5 days Report

Stock Exchange: Last 5 days Report

A total turnover of 2.271 billion shares worth N32.647 billion in 20,710 deals were traded this week by investors on the floor of the Exchange in contrast to a total of 3.255 billion shares valued at N28.738 billion that exchanged hands last week in 25,370 deals. The Financial Services Industry (measured by volume) led the […]

27 Small Scale Business Ideas and Investment Opportunities in Nigeria for 2017

27 Small Scale Business Ideas and Investment Opportunities in Nigeria for 2017

Setting up a private mini refinery: There are lots of business opportunities in the oil and gas sector. Building a private refinery and refining crude oil is another business you should look into because there is a lot of potential in it. In January 2012, the federal government announced the partial removal of subsidy and […]

Gov Ahmed wants MFBs strengthened by CBN

Gov Ahmed wants MFBs strengthened by CBN

By Bukola Adama The Kwara State Governor, Alhaji Abdulfatah Ahmed has called on the Central Bank of Nigeria to strengthen  Micro Financial Banks across the country to improve on their compliance level He also charged the apex bank to ensure financial intermediation for people at rural environment. Governor Ahmed made the call today when he […]

27 Small Scale Business ideas and Investment Opportunities in Nigeria for 2017

27 Small Scale Business ideas and Investment Opportunities in Nigeria for 2017

Livestock Farming: Do you know that one of the fastest growing business opportunities in Nigeria is catfish farming? The primary reason I listed catfish farming as one of the fastest business opportunities in Nigeria is because it’s an emerging industry that hasn’t reached its peak or full potential. The major players in this business are […]

Nigerian Breweries looks promising to rebuild profit in 2017

Nigerian Breweries looks promising to rebuild profit in 2017

Nigerian Breweries has made a promising first quarter start that could see a renewed strength in profit performance this year. The brewing company had lost over 25 per cent of net profit last year, reducing profit to the lowest figure in several years. This year is however looking good for the company in terms of […]