All posts tagged "featured"
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AMCON set to name Keystone Bank buyer
The Asset Management Corporation of Nigeria has said it will conclude the process for the sale of Keystone Bank in the next two weeks. AMCON said it was in the final stage of the sale process, adding...
- Posted August 9, 2016
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Government undermining domestic airlines – Operators
The Airline Operators of Nigeria has said domestic carriers are being undermined by the government through lack of support for their operations. The Chairman, AON, Capt. Noggie Meggison, said in a statement that while foreign exchange was...
- Posted August 9, 2016
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Dangote commences construction of concrete roads in states
Dangote Industries Limited has announced the commencement of the construction of concrete roads in various states across the country, particularly in Lagos, Bauchi, Kogi, Kaduna and Ogun states. “We are very happy at the moment. We can...
- Posted August 9, 2016
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CAC prepares companies’ Act amendment bill
The Corporate Affairs Commission is currently finalising the draft bill for the amendment of the Companies and Allied Matters Act to strengthen the regulatory and enforcement powers of the commission. The Director, Public Affairs, CAC, Mr. Williams...
- Posted August 9, 2016
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Customs boss moves against fraudulent importers, freight forwarders
The Comptroller General of the Nigeria Customs, Col. Hameed Ali (rtd) has vowed to bring to book importers and freight forwarders who are bent on defrauding the federal government. Specifically, he said importers who abuse the fast...
- Posted August 9, 2016
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Buhari seeks more economic engagement between Nigeria, Italy
President Muhammadu Buhari has called for more intensive trade and economic engagement between Nigeria and Italy. Speaking recently during a courtesy call by Mr. Paolo Gentiloni, the Italian Minister of Foreign Affairs and International Cooperation at the...
- Posted August 9, 2016
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Non-oil sector growth drops to -0.36%
Amidst efforts by the Federal Government to diversify the economy from oil, the prospects of earning revenue from the non-oil sector are fast fading, owing to the dismal performance of the sector. Data from Bloomberg showed that...
- Posted August 8, 2016
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Bonny light crude projected to hit $55/b by December
Analysts at FBNQuest, an economic research and investment banking arm of FBN Holdings Plc, has predicted that the price of Bonny Light crude oil at the international market would hit $55 per barrel at the end of...
- Posted August 8, 2016
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Underdeclaration: NCS loses N200m duty
The Nigeria Customs Service on Friday said it had lost about N200m to underdeclaration of goods at the seaports. The Comptroller General of Customs, Hameed Ali, said this in Lagos while announcing the seizure of 16 containers,...
- Posted August 8, 2016
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Traded shares drop by 37% in two months
The quantity of shares traded on the floor of the Nigerian Stock Exchange dropped by 37.4 per cent from the end of May to July ending this year. The quantity of shares traded in the month of...
- Posted August 8, 2016