Samsung Electronics Co., Ltd. is a South Korean multinational electronics company headquartered in Suwon, South Korea. It is the flagship division of the Samsung Group, accounting for 70% of the group’s revenue. Samsung Electronics has assembly plants and sales networks in 80 countries, With Nigeria the highest in Africa. The CEO, made the statement through the marketing unit on …
Read More »Bank Of Agric giving out grants maximum of N4,000,000 to empower youths for agricultural activities
The Bank of Agriculture of Nigeria is the major avenue the government has employed to disburse loans and grant to the public. The bank is owned by the federal government, with the Central Bank of Nigeria and the Federal Ministry of Finance incorporated as shareholders. The activities of the bank …
Read More »List Of Nigerian Navy Officers And Their Salary Structure: Admiral earns more than 15 million naira(SEE LIST)
Below are the Ranks in the Nigerian Navy and Salary Structure of the Nigerian Navy… -Admiral of the Fleet. He might be also called grand admiral. The title refers to the naval officer of the highest rank. -Admiral. It is usually connected with the Chief of Naval staff. -ViceAdmiral. It is …
Read More »Nigeria’s dollar scarcity to persist till 2018 – Moody’s
A report from Moody’s Investors Service has said foreign currency shortages will remain in the country till 2018, despite efforts by the Central Bank of Nigeria to strengthen the value of the naira against the dollar. The report entitled, ‘Foreign-currency shortages are subsiding but will take time to overcome’, released …
Read More »Dollar firms after GDP data, sterling shaken by polls- Reuters
The dollar rose on Friday after upbeat U.S. gross domestic product data, while sterling suffered its worst fall since mid-January after a poll showed a narrowing lead for the ruling Conservatives before elections next month. The dollar index .DXY, which tracks the greenback against six major rivals, was up 0.18 …
Read More »Foreign Capital Inflow At $908m In Q1 2017 Drops To 41.4% – VANGUARD
THE total value of capital imported into Nigeria in the first quarter of 2017 (Q1’17) was estimated to be $908.27 million, according to a report released, yesterday, by the Nigerian Bureau of Statistics (NBS). This represents a 41.36 percent drop from the value recorded in the previous quarter (Q4 ‘16), …
Read More »Dollar Recovers As GDP Revised Up, Paring Transitory Weakness – BLOOMBERG
The dollar was on track to end the week with a marginal gain after rising Friday as U.S. rst-quarter economic growth was revised higher, potentially soothing Federal Reserve concerns over “transitory weakness.” The greenback was up 0.1 percent for both the day and week, reversing overnight losses sustained as markets …
Read More »Mobile payments will soon dominate epayment – Ecobank
Tunde Kuponiyi, Head, Consumer Distribution, Ecobank Nigeria discusses the challenges confronting adoption of electronic payments in Nigeria, expressing optimism that Nigerians will adopt mobile payments faster than other products. NIBSS reported that Nigerians withdrew N4.7 trillion through ATMs in 2016. Why are we will still depending so much on cash …
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