All posts tagged "featured"

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  FG to assist states raise funds from capital market

  The Federal Government on Monday said it would encourage state governments to raise long-term funds from the capital market to finance capital projects. It said rather than the states looking at the banking sector to raise funds,...

  • Posted June 15, 2016
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  Power: NPDC, IOCs to inaugurate four gas projects

  The Federal Government on Monday announced the readiness of the Nigerian Petroleum Development Company and some international oil companies to inaugurate four gas projects that would considerably improve power supply across the country. It stated that the...

  • Posted June 15, 2016
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  Buhari backs CBN flexible Forex policy, says it’s down payment for success

  The flexible foreign exchange policy of the Central Bank of Nigeria got a presidential nod again yesterday as President Muhammadu Buhari said it would help the country’s economy, which had been badly hit by a slump in...

  • Posted June 15, 2016
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  World Bank releases $39m for Fadama projects

  The World Bank says it has so far spent about N7.78bn ($39m) on the third National Fadama Development Project Additional Financing as part of efforts to support Nigeria’s agriculture and economic diversification drive of the Federal Government....

  • Posted June 14, 2016
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  Banks sacking: NECA opposes planned picketing by union

  The Nigeria Employers’ Consultative Association has condemned the planned picketing of selected banks by the National Union of Banks, Insurance and Financial Institutions Employees. The employers’ association, in a statement on Sunday, alleged that the union was...

  • Posted June 14, 2016
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  No respite for capital market this week – Analysts

  The capital market is unlikely to see advancements in the performances of indices this week owing majorly to the continued delay by the Central Bank of Nigeria in developing the new foreign exchange framework for the country,...

  • Posted June 14, 2016
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  UK approves N4.74bn for solar power in Nigeria

  The United Kingdom, through its Department for International Development, has approved N4.74bn (£16.7m) for the development of electricity from solar energy in Nigeria. According to SolarNigeria, the agency in charge of the programme in Nigeria, the funds...

  • Posted June 14, 2016
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  NSE CEO lists benefits of sustainability reporting

  The Chief Executive Officer of the Nigerian Stock Exchange (NSE), Mr. Oscar Onyema has urged companies to embrace sustainability reporting, saying it has many benefits. Speaking at the Nigerian capital market sustainability reporting seminar in Lagos, Onyema...

  • Posted June 14, 2016
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  Forex reserves gain positive momentum, rise for five straight days

  Nigeria’s foreign exchange (forex) reserves have maintained positive momentum this month rising slightly for five consecutive days. Data gathered from the Central Bank of Nigeria (CBN) website at the weekend showed that the reserves derived mainly from...

  • Posted June 14, 2016
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  SERAP urges FG to resist powerful oil companies

  A civil society organisation, Socio-Economic Rights and Accountability Project (SERAP), has urged the federal government to stand up to powerful oil companies that have continued to abuse the human rights of the people of the Niger Delta...

  • Posted June 14, 2016
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