Business News

North Trend for February 2018 Business Confidence Index

Culled—Proshare April 9, 2018/FBNQuest Research The latest data from the CBN in its Business Expectation Survey report for February 2018 show the business confidence index at 14.5 points (indicating respondents’ overall optimism on the macro economy). The survey had a sample size of 472 businesses covering services, industry, wholesale/retail trade […]

Public Notice to those Considering Building, Managing, or Operating a Port in Djibouti

April 9, 2018/DP World DP World Ltd. (http://web.DPWorld.com) hereby gives notice that the Concession Agreement to operate the Doraleh Container Terminal in Djibouti, which was awarded by the Government of Djibouti to Doraleh Container Terminal S.A., or DCT, a joint venture controlled by DP World, remains in full force and […]

UBA’s Loans to Agriculture, Power Sectors Hit N265 Billion

9/4/2018/Thisday By Chika Amanze-Nwachuku Whereas most commercial banks shy away from lending to the agriculture sector, Pan-African banking group, United Bank for Africa (UBA) Plc has granted as much as N85billion loans to the sector. Also, lending to the power sector is in excess of N180billion across the UBA Group, recent figures […]