All posts by BusinessNews Staff

• 
  Oil spill compensation: Youths plant plantain at ExxonMobil Airstrip

  Members of the Eket Federal Constituency Vanguard have planted plantain suckers at ExxonMobil Airstrip along Eket Oron road, in protest against the non-payment of compensation by the oil company. The group comprises community leaders, women and youths...

  • Posted October 23, 2013
  • 0
• 
  Alleged N25.7b theft: Judge assures Atuche of fair trial

  Justice Lateefat Okunnu of an Ikeja High Court on Wednesday assured the former Managing Director of Bank PHB, Mr Francis Atuche, of a fair trial. Okunnu gave the assurance following the claim by Atuche’s counsel, Chief Anthony...

  • Posted October 23, 2013
  • 0
• 
  NSE proposes new rules to protect investors

  The Nigerian Stock Exchange, NSE, has proposed a new rule aimed at protecting investors and attracting more participation in the nation’s capital market. The proposed rule is titled ‘Rules and Regulations Governing Dealing members (Amendments and additions)’....

  • Posted October 23, 2013
  • 0
• 
  FBN Life introduces ‘First Family Shield’ protection against the unexpected

  FBN Life Assurance Limited in partnership with First Bank of Nigeria Limited has introduced ‘The First Family Shield’ cover in its bid to give families flexible plans to cushion effects of life’s uncertainties. The cover is an...

  • Posted October 23, 2013
  • 0
• 
  Transformation Agenda: FG has surpassed targets in eight broad sectors – Maku

  The Federal Government said on Tuesday that it had surpassed its growth targets in eight out of the 14 broad sectors of the Nigerian economy under the Transformation Agenda. The Minister of Information, Mr Labaran Maku, stated...

  • Posted October 22, 2013
  • 1
• 
  Stock Market Watch: ASI up by 0.27% on Tuesday

  Transactions at the floor of the Nigerian Stock Exchange, NSE, ended Tuesday with the All Share Index, ASI, gaining 0.27 percent or 100.14 points to close at 37,368.10 basis points higher than Monday’s closing figure of 37,267.96...

  • Posted October 22, 2013
  • 0
• 
  Nine Northern states to get 420mw solar energy

  The Federal Government is set to provide 420 megawatts of electricity using solar energy for nine states in the northern part of the country. The Secretary, National Energy Council, Alhaji Ibrahim Njiddah, made this known at a...

  • Posted October 22, 2013
  • 0
• 
  CSCS launches new SWIFT messaging system

  The Nigerian capital market is set for a major transformation as the Central Securities Clearing System (CSCS) Plc has adopted the Society for Worldwide Interbank Financial Telecommunication (SWIFT) messaging system to enhance transactions in the market. SWIFT...

  • Posted October 22, 2013
  • 0
• 
  Only Boards of Internal Revenue Service should collect tax – FG warns states, MDAs

  The Federal Government on Monday announced that it would not longer allow any state in the country to engage anybody or an organisation other than the Board of Internal Revenue Service (BIRS) to collect approved taxes. It...

  • Posted October 22, 2013
  • 1
• 
  Forte Oil declares N2.7bn profit after tax

  Forte Oil Plc on Monday announced a N2.7 billion profit after tax for the nine months ended Sept. 30. This was contained in a statement issued by the company in Lagos and obtained by the News Agency...

  • Posted October 21, 2013
  • 0