Don't Miss


All posts by BusinessNews Staff

  • ANAN urges FG to explore opportunities in non-oil sectors

    The President of the Association of National Accountants of Nigeria (ANAN), Alhaji Sakirudeen Labode has urged the federal government to look inwards for alternative means of funding the budget following the slide in crude oil prices. A...

    • Posted December 16, 2014
    • 0
  • NUPENG begins three-day warning strike

    The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has said it would begin a three-day warning strike to press for the re-instatement of the National Zonal Secretary of Petroleum and Natural Gas Senior Staff Association...

    • Posted December 15, 2014
    • 0
  • 2015: Capital Market registrars seek strict implementation of austerity measures

    The Institute of Capital Market Registrars (ICMR) on Saturday said there would be hard times in the equities market in 2015 unless the Federal Government ensures strict implementation of the austerity measures. The ICMR Registrar/Chief Executive Officer,...

    • Posted December 15, 2014
    • 0
  • Another NEITI audit reveals 5-year misuse of N582bn special funds

    A fiscal allocation and statutory disbursement audit conducted by the Nigeria Extractive Industries Transparency Initiative (NEITI), primarily to track extractive and non-extractive sector revenues remittances, sharing and allocations as well as utilisation among various levels of government...

    • Posted December 15, 2014
    • 0
  • Foreign investments drop by 32% in one month

    Foreigners have reduced their investments in the Nigerian Stock Exchange due to concern about insecurity and fears regarding the outcome of 2015 elections. The latest investment details from the NSE showed that foreign investments dropped significantly by...

    • Posted December 15, 2014
    • 0
  • Third quarter trade drops by N359bn – NBS

    The National Bureau of Statistics on Sunday released the trade statistics for the third quarter of this year, stating that the country recorded a N359.6bn or 5.4 per cent drop in merchandize trade from N6.65trn to N6.29trn....

    • Posted December 15, 2014
    • 0
  • FG targets N3.5tn from non-oil sector

    The decline in the price of crude oil in the international market may have forced the Federal Government to increase its target for non-oil revenue from N3.28tn in the 2014 budget to N3.53tn in 2015. The proposal,...

    • Posted December 15, 2014
    • 0
  • Emefiele visits Wilmar plantation, restates partnership with NYSC

    The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, visited the PZ Wilmar Oil Palm Plantation in Calabar, Cross River State at the weekend as part of his schedule for the ongoing Bankers Committee...

    • Posted December 15, 2014
    • 0
  • NAFDAC embarks on nationwide laboratory test of packaged water

    Panic has gripped packaged water producers in the country as the National Agency for Food and Drug Administration and Control (NAFDAC) is undertaking a nationwide laboratory test of various brands of water in circulation to ensure they...

    • Posted December 15, 2014
    • 0
  • Capital market has capacity to rebound — Okumagba

    The Chartered Institute of Stockbrokers, CIS, has said that the Nigerian stock market, which is presently experiencing decline in equity transactions on the Nigerian Stock Exchange, NSE has the capacity to rebound . The President, CIS, Mr....

    • Posted December 14, 2014
    • 0