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  • FG promises to boost Aerospace Manpower Training Centre

    Minister of State for Works, Adedapo Adeyeye, has promised that the federal government would give the Regional Centre for Training in Aerospace Surveys (RECTAS) all the necessary support to make it a centre of excellence. Adeyeye spoke...

    • Posted March 6, 2015
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  • 60 million Nigerians don’t have bank accounts — Report

    Results from a total demographic study carried out by the Enhancing Financial Innovation and Access has shown that from a sample of 93.5 million Nigerian adults, only 33.9 million are banked. According to the EFIA findings, the...

    • Posted March 6, 2015
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  • FBN Holdings gets new board members

    FBN Holdings Plc on Wednesday announced the appointment of Mr. Omatseyin Akene Ayida and Mrs. Bosede Adebola Osibogun as non-executive directors on its board. The company, in a statement, said the directors would bring to bear several...

    • Posted March 6, 2015
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  • FG plans to raise N95bn through bonds

    The Federal Government has disclosed plans to raise N95bn ($476m) by selling bonds with maturities ranging between five and 20 years, the Debt Management Office said on Wednesday. The debt office said it would raise N35bn in...

    • Posted March 6, 2015
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  • Nigeria targets cargo imports from Niger Rep

    Nigeria is targeting over three million metric tonnes of imported cargoes from Niger Republic through improved seaport efficiency . The Executive Secretary, Nigerian Shippers Council, Mr. Hassan Bello, disclosed this at an interactive session with journalists in...

    • Posted March 6, 2015
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  • FG begins clampdown on erring private jet owners

    The federal government is set to clampdown on all owners of foreign registered, privately operated aircraft in the country who have failed to regularise their documentation in conformity with their operational status. The Nigerian Civil Aviation Authority...

    • Posted March 6, 2015
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  • Market remains positive as banking stocks rally

    The Nigerian equities market began the month of March with a positive performance as the Nigerian Stock Exchange (NSE) All-Share Index appreciated by 0.54 per cent to close at 30,267.18. The market rallied in the past two...

    • Posted March 4, 2015
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  • Naira gains marginally on dollar sales by oil firms

    The naira firmed by 1.13 per cent against the dollar on the interbank market in thin trade on Monday, supported by dollar flows from two energy companies, traders said. FMDQ data showed that the naira closed at...

    • Posted March 4, 2015
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  • Fuel scarcity to last till next week

    The current scarcity of petrol in most parts of the country is expected to continue till next week, marketers told one of our correspondents on Monday. While the pump price of the product had risen to N120...

    • Posted March 4, 2015
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  • Marketers shun PPPRA, sell diesel above recommended market price

    Despite the over 50 per cent drop in the price of crude oil in the international market, which effectively forced a decline in the prices of petroleum products, oil marketers have continued to sell Automotive Gas Oil...

    • Posted March 4, 2015
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  • Nigeria tops list of countries with highest pipeline breaks – Nebo

    Minister of Power, Prof. Chinedu Nebo, has said that Nigeria presently prides itself as the only country in the world with the highest number of breaks and vandalism of key petroleum products pipelines. Nebo who disclosed this...

    • Posted March 4, 2015
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  • Nigeria’s trade to rise by N2.43tn – NBS

    The country’s total merchandise trade is expected to rise by N2.43tn from the estimated figure of N25.17tn in December 2014 to N27.6tn by the end of this year, a document obtained from the National Bureau of Statistics...

    • Posted March 4, 2015
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  • Nigeria-Ghana ferry service to commence soon

    Transport of passengers and goods between Nigeria and Ghana through the Atlantic Ocean is expected to commence soon. The Lagos Office Area Manager of the National Inland Waterways Authority, Mr. Mu’azu Sambo, told our correspondent in an...

    • Posted March 4, 2015
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  • Lack of support by labour stalls refineries’ sale

    The Federal Government may have slowed down the process of selling the nation’s refineries following its failure to secure the support of labour unions. The government had in 2013 announced plans to sell the nation’s four refineries....

    • Posted March 4, 2015
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