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All posts tagged "featured"

  • Dangote Cement
    Dangote Cement declares N121.8bn half-year profit

    Dangote Cement Plc achieved a profit after tax of N121.808 in the six-month period ended June 30,2015, the company’s condensed consolidated statement of profit or loss and other comprehensive income for the period showed. The figure was...

    • Posted August 1, 2015
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  • Naira-notes
    Naira rebounds in parallel market as banks reject dollar deposits

    The naira, which had fallen sharply in the parallel market, staged a major recovery thursday, as it appreciated to a band of N225 to N230 to a dollar, compared to N240 to the dollar at which it...

    • Posted August 1, 2015
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  • NCAA
    NCAA to publish debtor airlines’ names

    The Nigerian Civil Aviation Authority on Thursday said it would publish thez names and amount being owed by each airline operating in the country if the carriers failed to make the necessary remittances within two weeks. The...

    • Posted August 1, 2015
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  • fuel station
    DPR gets task force on petrol pricing

    Following the continued sale of petrol above the stipulated pump price by some marketers, the Department of Petroleum Resources has said it will engage law enforcement agencies like the police, Pipelines and Product Marketing Company and the...

    • Posted August 1, 2015
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  • Nigeria-Liquefied-Natural-LNG
    Nigeria LNG to Take Delivery of four carrier ships this year

    The Nigeria Liquefied Natural Gas Company (NLNG)  is expected to take delivery of four LNG carrier ships before year-end and another two next year, its chief executive said, positioning the state-backed gas exporter to expand its share...

    • Posted July 31, 2015
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  • CBN
    CBN to issue N195billion treasury bills

    The Central Bank of Nigeria (CBN) plans to sell N195.17 billion worth of 3-month, 6-month and 1-year treasury bills on August 5. A breakdown of the proposed debt auction according to the central bank include N45.17 billion...

    • Posted July 31, 2015
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  • 190515F-Mounir-Gwarzo
    SEC inaugurates e-dividend portal

    The Securities and Exchange Commission on Wednesday announced the inauguration of an e-dividend portal to ease the dividend payment process and solve the problem of unclaimed dividends. The Director-General, SEC, Mr. Mounir Gwarzo, who announced the development...

    • Posted July 31, 2015
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  • ATM machine
    Visa pledges to tackle ATM fraud in Nigeria

    One of the leading payment system company, Visa International, has stressed its desire to tackle ATM card fraud in Nigeria in order to promote convenience and facilitate efficiency in banking activities in the country. The company disclosed...

    • Posted July 30, 2015
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  • NNPC logo 1
    NNPC outlets, others now sell petrol above N87

    Filling stations belonging to the Nigerian National Petroleum Corporation have joined their independent counterparts in selling Premium Motor Spirit or petrol for a minimum of N100 per litre, which is higher than the N87 per litre official...

    • Posted July 30, 2015
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  • NSE-Building-Lagos
    NSE index continues slide

    The Nigerian Stock Exchange All-Share Index declined further on Tuesday, shedding 192.76 basis points or 0.63 per cent to close at 30.614.81 basis points as stocks continued to fall. The ASI had dipped by 0.91 per cent...

    • Posted July 30, 2015
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  • Federal Ministry of Finance Building, Abuja
    FG’s gross revenue hits N485bn in June

    The gross revenue of the Federal Government rose for the second month in June, hitting N485.95bn ($2.44bn), Reuters reported on Monday quoting the Ministry of Finance. The amount is 33 per cent higher than the amount the...

    • Posted July 29, 2015
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  • electricity-NIGERIA
    Only 36% Nigerians experience improvement in electricity

    A recent poll results on the level of public electricity services to Nigerians have revealed that only about 36.4 per cent of the country’s 160 million people have seen some improvements in electricity supply in the last...

    • Posted July 29, 2015
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