
The Chairman, Hospitality and Tourism Trade Group, Port Harcourt Chamber of Commerce, Industry, Mines and Agriculture, PHCCIMA, Eng. Obidiah Ezenekwe, has said that the numerous investment opportunities that abound in the state are yet to be tapped by investors. Obidiah, who made this known in a chat with The Tide in Port Harcourt, said there [...]
May 31, 2013 | Posted in
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As the Cental Bank of Nigeria (CBN) prepares for the implementation of the second phase of cashless policy in five states of the federation as well as Rivers State, financial experts have analysed the workability of the policy in the state. Speaking in a telephone chat with The Tide, the Managing Director Chief Executive of [...]
May 20, 2013 | Posted in
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At the end of transactions on the floor of Nigerian Stock Exchange (NSE) for last week high gains were recorded by companies compared to the amount lost. The highest gain was recorded by CAP Plc which made N12.50 gain, after opening and closing at N46.80 and N59.30, respectively. Cadbury Nigerian Plc followered with N8.92 gains, [...]
May 17, 2013 | Posted in
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The Nigerian Stock Exchange (NSE) last week traded a total of 1.686 billion shares worth N21.389 billion which exchanged hands in 28,392 deals. This was against 1.511 billion shares valued at N15.867 billion traded by investors from May 6th-10th in 20,965 deals. At the close of the trading activities for the week, the top equity [...]
May 15, 2013 | Posted in
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The Director- General of Small and Medlum Enterprises Development Agency of Nigerian (SMEDAN),Mr. Muhammad Nadada Umar, has decried the effect of multiple taxation on most small and Medium Enterprises (SMEs) in Nigeria. Umar, who said that most SMEs are at the urge of folding up due to multiple taxation from different angles, said that the [...]
May 1, 2013 | Posted in
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The defaulters of Rivers State Micro-finance Agency (RIMA) empowerment loan scheme would soon face legal actions as a means of loan recovery. The Managing Director/Chief Executive of RIMA, Mr Innocent Iyalla Harry, who made this known to The Tide in an interview in Port Harcourt, said that the agency would take a legal action if [...]
May 1, 2013 | Posted in
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The Chief Executive of Nigerian Stock Exchange (NSE), Mr Oscar Onyema, has said that the total market capitalisation of the 11 companies listed under the Alternative Securities Market (ASEM) stood at N4.01 billion. The NSE Chief Executive said that oil companies accounted for 74 per cent of the total amount of money. Oscar who said [...]
April 26, 2013 | Posted in
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Beneficiaries of Rivers State Government’s empowerment scheme have commended the effort of the State in ensuring that poverty is reduced to the barest minimum. According to some beneficiaries of the scheme, which is managed by Rivers State Micro Finance Agency (RIMA) it has resulted to economic development in the rural areas. The Tide correspondent who [...]
April 24, 2013 | Posted in
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Rivers State Micro-Finance Agency (RIMA), has sustained the upward movement in empowering 11,019 indigenous entrepreneurs in three years. The agency which started with the empowerment of 889 economically active poor persons in 2011, added 3,711 entrepreneurs or 417.4 per cent to close at 4,600 empowered entrepreneurs in 2012 as against the 889 of 2011. In [...]
April 22, 2013 | Posted in
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The Civil Society Organisations and the media in Bayelsa State have reiterated the need for Federal Government to explain the reasons behind the delay in the implementation of Voluntary Principles. This was made known in a communiqué raised at the end of a two-day awareness workshop on Voluntary Principles on Security and Human Rights (VPs) [...]
April 17, 2013 | Posted in
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