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  • Traders accuse government of burning Ketu Market

    Disaster struck Thursday night, as fire razed down the entire Ifelodun Plank Market located at Ketu, Lagos. No life was, however, lost. The fire was said to have started hours after the market had closed for the...

    • Posted March 9, 2013
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  • SEC calls for greater financial independence for women

    The Security and Exchange Commission (SEC) on Friday called for financial and economic empowerment for women to enable them face social and cultural challenges. The Director-General of the commission Ms. Arunma Oteh, made the call during the financial...

    • Posted March 9, 2013
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  • Nigeria realised $900m from cocoa export in 2012 – Aganga

    The Minister of Trade and Investment, Olusegun Aganga, has said Nigeria realised about 900 million dollars (about N144 billion) from the export of cocoa and cocoa products in 2012. Aganga said this on Friday on the occasion of...

    • Posted March 9, 2013
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  • N384b PHCN workers’ pay: No cause for alarm – FG

    The Federal Government,  yesterday, assured Power Holding Company of Nigeria workers that there was no cause for alarm over the payment of their severance benefits, as the implementation committee raised by the administration was still working on...

    • Posted March 9, 2013
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  • NCC to launch mobile number portability on March 26

    The Nigerian Communications Commission (NCC) has announced March 26 as the launch date of the Mobile Number Portability (MNP). Director of Public Affairs of the commission, Tony Ojobo made this disclosure during Channels Television’s flagship programme, Sunrise...

    • Posted March 8, 2013
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  • West African Central Bank cuts main rate by 25 basis points

    The Central Bank of West African states said on Wednesday it had cut its key lending rate by 25 basis points to 2.75 percent, taking advantage of moderate inflation to seek to stimulate growth in the eight-nation...

    • Posted March 8, 2013
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  • CBN extends deadline for recapitalisation of micro-finance banks

    The Central Bank of Nigeria (CBN) has extended the deadline for the recapitalisation of micro finance banks in Nigeria by one year. The new deadline for compliance is now December the 31st, 2013. The decision was reached...

    • Posted March 8, 2013
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  • Analysis shows NSE transactions improved in February

    Transactions on the Nigerian Stock Exchange (NSE) improved considerably in February as investors staked N107.78 billion on 13.69 billion shares in 155,992 deals during the month. These were against the 10.94 billion shares valued at N81.79 billion...

    • Posted March 8, 2013
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  • CBN to provide framework to drive corporate governance in banks

    The Central Bank of Nigeria (CBN) says it will provide the framework for good corporate governance to strive in the financial sector. The CBN Director, Corporate Communications Department Ugochukwu Okoroafor, made this known in an interview in Lagos...

    • Posted March 8, 2013
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  • House of the Week: A tastefully finished N350m five bedroom duplex for sale in Maitama

    Our property of the week, is this exceptional and exquisitely finished 5 Bedroom Duplex, located at Maitama in Abuja. This modern home boasts of 5 large rooms, fitted with wardrobes and ensuite facilities. The home also features...

    • Posted March 8, 2013
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  • 2013 budget: Dollar to exchange for N160

    The rate at which the Federal Government plans to convert its dollar earnings from oil in 2013 will be N160 to the dollar. This is one of the highlights stated by the Minister of Finance and Coordinating...

    • Posted March 8, 2013
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  • DPR seals up 20 fuel stations in Lagos

    DailyPost has reliably gathered that at least 20 filling stations in Lagos state were on Thursday shutdown by the Department of Petroleum resources, DPR. This, it said was part of its efforts to curb sharp practices in...

    • Posted March 8, 2013
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  • Benin Airport to be commissioned on Friday – FAAN

    The Federal Airports Authority of Nigeria (FAAN) will Friday commission the remodeled Benin Airport terminal in Benin City, Edo state. FAAN had commissioned two airports in the past,  Murtala Muhammed Airport Domestic Terminal 1, on October 22,...

    • Posted March 7, 2013
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  • European, Asian, American airlines earn N158bn from Nigeria in 2012

    British Airways (BA), Emirates, Air France and other airlines operating international routes in the country realised about N158.1 billion from the sale of tickets in 2012, according to an analysis of tickets sold by international airlines in...

    • Posted March 7, 2013
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