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All posts by BusinessNews Staff

  • FG approves new petrol import permits

    The Federal Government has issued supplementary import permits to oil marketers for the importation of petrol due to the poor output from the country’s refineries. It was learnt on Monday that the permits were given to marketers...

    • Posted September 9, 2015
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  • Emefiele, others to discuss blueprint for financial sector

    In a bid to support the efforts of President Muhammadu Buhari led government in restoring investors and public confidence in the country, the Governor, Central Bank of Nigeria, Mr. Godwin Emefiele and other top professionals will gather...

    • Posted September 8, 2015
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  • Expert proffers solutions to pension challenges

    The Deputy Managing Director, Linkage Assurance Plc, Dr. Pius Apere, has identified and proffered solutions to some significant challenges visible in the pension system in the country. Apere, who is one of the few actuarial scientists in...

    • Posted September 8, 2015
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  • NSIA to attract more fund for infrastructure

    The Managing Director, Nigeria Sovereign Investment Authority, Mr. Uche Orji, has said the agency will attract more funding for investment in infrastructure projects. Orji, who said this during an interaction with journalists in Abuja, explained that the...

    • Posted September 8, 2015
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  • FG needs infrastructure for cyber regulation – LCCI

    The President, Lagos Chamber of Commerce and Industry, Mr. Remi Bello, says the business world in the 21st century is increasingly being driven by cutting-edge information technology. As a result, he urged the Federal Government to put...

    • Posted September 8, 2015
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  • NPA moves to curb revenue diversion

    Determined to prevent diversion of its generated revenues into private pockets, the management of Nigerian Ports Authority (NPA) has unfolded fresh strategies to curb leakages in the system. Tagged: “Integrated Revenue Invoicing Management System (RIMS)”, the fresh...

    • Posted September 8, 2015
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  • NNPC Report: Nigeria to save $1bn from fuel import substitution

    A preliminary report submitted to President Muhammadu Buhari by the Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Dr. Ibe Kachikwu, has shown that $1 billion in foreign exchange will be saved from fuel...

    • Posted September 8, 2015
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  • Recapitalisation: Market operators lobby for 2016 implementation date

    Some capital market operators are trying to persuade the Securities and Exchange Commission (SEC) to  further extend the recapitalisation deadline from September 30, 2015  to December  2016, citing  persistent bearish state of the stock market. SEC,  had...

    • Posted September 8, 2015
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  • CIS to partner AfDB to strengthen Stock Market

    The Chartered Institute of Stockbrokers (CIS) has said it plans to partner the management of African Development Bank (AfDB) to grow Nigeria’s Capital Market. Under the new plan, the two institutions are to work together in ensuring...

    • Posted September 8, 2015
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  • Buhari’s 100 days: Improved power supply not sustainable — Labour

    As the administration of President Muhammadu Buhari clocks 100 days today, organised labour in the electricity sector has warned that the current power supply in the country is not sustainable even as it gives reasons Nigerians are...

    • Posted September 7, 2015
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