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Category: Business

codewit.com publishes an up-to-the-minute report of business and Nigeria financial news with personalized stock quotes as well as investing tools and tips.

Business

Old Mutual Embarks on Yuletide Safety Campaign

Codewit Correspondent Codewit CorrespondentDecember 18, 2013
Old Mutual Nigeria, a member of the Old Mutual Group, is complimenting the efforts of other corporations in the country to make the roads safe during the Christmas and New...
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Business

Aiico Pensions Unveils Live Smart Programme

Codewit Correspondent Codewit CorrespondentDecember 18, 2013
Aiico Pension Limited, one of the Pension Fund Administrators (PFAs) in the country, has started a campaign to encourage Nigerians to make adequate preparations for the eventualities and their future...
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Business

‘Weak Enterprises Hamper Inflow of FDI’

Codewit Correspondent Codewit CorrespondentDecember 17, 2013
The federal government has said the weak nature of the Small and Medium Scale Enterprises (SMEs) sector is currently hampering the inflow of foreign direct investment.   The Executive Secretary,...
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Business

Credit to Private Sector Hits N16.425trn in November

Codewit Correspondent Codewit CorrespondentDecember 17, 2013
The value of credit to the private sector increased marginally year-on-year to N16.452 trillion at the end of November 2013. The latest Central Bank of Nigeria (CBN) money and credit...
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Business

N25.7bn Theft: Court Dismisses Atuche’s Application Seeking Dismissal of Charges

Codewit Correspondent Codewit CorrespondentDecember 17, 2013
Justice Lateefa Okuunu of an Ikeja High Court Monday dismissed the application filed by former Managing Director of Bank PHB, Mr. Francis Atuche and his wife, Elizabeth challenging the jurisdiction...
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Business

Shettima Pleads for Re-opening of Maiduguri Airport

Codewit Correspondent Codewit CorrespondentDecember 17, 2013
Borno State Governor, Alhaji Kashim Shettima, Monday pleaded for the re-opening of the Maiduguri International Airport, which was closed down on the heels of the December 2 attack of the...
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Business

Service Quality: NCC Gives December 31 Deadline

Codewit Correspondent Codewit CorrespondentDecember 15, 2013
Indications emerged at the weekend that the Nigerian Communications Commission (NCC) is set to come down hard on the country’s telecommunications firms over poor service quality. THISDAY checks revealed that...
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Business

Report: Profit Taking Inevitable as Investors Mobilise End of Year Funds

Codewit Correspondent Codewit CorrespondentDecember 15, 2013
As the prospect of higher returns on the back of growing investors’ confidence in the nation’s capital market rises, financial market watchers said the stage is set for profit taking...
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Business

The Footprints of a Silent Operator at CAC

Codewit Correspondent Codewit CorrespondentDecember 15, 2013
I know the price of success: dedication, hard work and an unremitting devotion to the things you want to see happen -Frank Lloyd Wright When the minister of trade and...
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Business

Raising the Stake in the Seasoning Market

Codewit Correspondent Codewit CorrespondentDecember 15, 2013
Competition in the seasoning market may assume a new trend following the introduction of new varieties of Knorr by Unilever Nigeria Plc, Raheem Akingbolu reports…   In recent times, the...
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