Don't Miss


Latest News

  • Insurgency: Customs, NPA, NIMASA, others strengthen ports security

    With the seizure of containers of army uniforms and boots, among others, federal government agencies – apparently apprehensive of a possible use of the nation’s ports to bring in dangerous cargos into the country as was the...

    • Posted June 30, 2014
    • 0
  • Cybercrimes: Pressure on banks, others to comply with security standards

    The growing sophistication of cyber criminals and the attendant erosion of confidence in e-payment mode of transaction have roused financial authorities and other stakeholders to action with the call on banks and payment firms to comply with...

    • Posted June 30, 2014
    • 0
  • No plan to reduce cooking gas price — Marketers

    Hope for a reduction in the price of cooking gas may have been dashed as marketers of the commodity say they have no plan to cut the price anytime soon. According to them, the current cost of...

    • Posted June 30, 2014
    • 0
  • SEC DG stresses importance of investors’ education

    The Director-General of the Securities and Exchange Commission, Ms Arunma Oteh, stressed the importance of financial literacy among investors, saying it is a vital key to positive investment decisions in the nation’s  capital market. Oteh stated this...

    • Posted June 29, 2014
    • 0
  • FG realises N669bn from privatisation

    The Director-General, Bureau of Public Enterprise, Mr Benjamin Dikki, on Friday said that the Federal Government realised N669bn from privatisation of its enterprises from 1999 to date. Dikki made this known while delivering a lecture on “Federal...

    • Posted June 29, 2014
    • 0
  • Dana’s route expansion stirs competition among domestic operators

    The recent announcement by Dana Air that it would start Lagos to Uyo and Uyo to Abuja flights crashed the fares that one of the domestic carriers that operate to the Akwa Ibom capital reduced its fares...

    • Posted June 29, 2014
    • 0
  • NSE index drops by 0.61%

    Equities listed on the Nigerian Stock Exchange ended a four-day rally on Thursday as the major market indicators declined for the first time this week. At the close of trading, the NSE All-Share Index had fallen by...

    • Posted June 29, 2014
    • 0
  • NCAA introduces stringent measures to check airlines

    To ensure strict adherence to regulations and safety in air operations, the Nigerian Civil Aviation Authority (NCAA) has introduced measures to eliminate the excesses of airlines. Airlines on scheduled service are no more allowed to defer aircraft...

    • Posted June 29, 2014
    • 0
  • Nigeria ranks 141 in UN e-Government indices

    Nigeria has moved up by 21 points in the latest United Nations e-Government Development ranking,Saturday PUNCH learnt on Thursday. Previously ranked 162, the country now ranks 141 out of 193 countries rated in the recent UN Global e-Government...

    • Posted June 29, 2014
    • 1
  • Fuel subsidy: Court stops marketers’ move to quash charge

    Justice Lateef Lawal-Akapo of Ikeja High Court yesterday dismissed the application filed by two oil marketers, Mahmud Tukur and Alex Ochonogor, seeking to quash the N1.8 billion fuel subsidy fraud charge preferred against them by the Economic...

    • Posted June 29, 2014
    • 0
  • NSE: Transactions close lower on Friday

    Equity transactions on the Nigerian Stock Exchange (NSE) closed lower on Friday with the market indicators depreciating marginally by 0.09 per cent. The News Agency of Nigerian (NAN) reports that market capitalisation lost N12 billion or 0.09...

    • Posted June 28, 2014
    • 0
  • Reps kick against CBN’s N35m capital base for bureau de change

    The House of Representatives has urged the Central Bank of Nigeria (CBN) to suspend the new requirement of N35 million increment in capital base for operators of Bureau De Change in Nigeria. It would be recalled that...

    • Posted June 28, 2014
    • 1
  • GTBank appoints Oyinlola Non-executive Director

    Guaranty Trust Bank Plc (GTBank) has announced the appointment of Mr. Hezekiah Sola Oyinlola as a Non- executive Director. Oyinlola replaces Mrs. Stella Okoli on the bank’s board of directors following her recent retirement in compliance with...

    • Posted June 28, 2014
    • 0
  • Credit to private sector drops to N16.769tn

    Banking sector credit to the private sector declined by N248 billion to N16.769 trillion as at the end of May 2014, compared to the N17.017 trillion it was at the end of April 2014. According to the...

    • Posted June 28, 2014
    • 0