All posts tagged "featured"

• 
  NNPC lost N19.43bn in April – Report

  The Nigerian National Petroleum Corporation lost N19.43bn in the month of April, as the country’s crude oil production dropped from 59.27 million barrels recorded in February to 57.43 million barrels in March. In its latest financial and...

  • Posted June 10, 2016
  • 0
• 
  Emefiele to meet bank CEOs over sacking, forex policy

  Barring any last-minute change in plans, the Governor of Central Bank of Nigeria, Mr. Godwin Emefiele, will today meet with Managing Directors and Chief Executive Officers of all the Deposit Money Banks in the country. The meeting,...

  • Posted June 10, 2016
  • 0
• 
  Aregbesola tasks insurance brokers on recovery of ailing economy

  The Governor of Osun state, Rauf Aregbesola has said that insurance brokers have crucial roles to play in the efforts to revamp Nigeria’s ailing economy. The governor stated this while declaring open the 2016 Chief Executive Officers’...

  • Posted June 9, 2016
  • 0
• 
  BoI disburses N83.5bn to 776 enterprises in 2015, posts N44.7bn profit

  The acting Managing Director, Bank of Industry (BoI), Mr. Waheed Olagunju has disclosed that a total sum of N83.5 billion was disbursed to 776 enterprises by the development finance institution in 2015. He said the interventions further...

  • Posted June 9, 2016
  • 0
• 
  World Bank cuts 2016 global growth forecast to 2.4%

  The World Bank is downgrading its 2016 global growth forecast to 2.4 per cent from the 2.9 percent pace projected in January. The move is due to sluggish growth in advanced economies, stubbornly low commodity prices, weak...

  • Posted June 9, 2016
  • 0
• 
  Oil hits 2016 high on Nigeria supply disruptions

  The global oil benchmark, Brent crude, extended its gains on Tuesday, trading above the $50 per barrel mark for the first time since October last year. The further rise in Brent comes as expectations the United States’...

  • Posted June 9, 2016
  • 0
• 
  Senate probes 12 million fake vehicle insurance policies

  The Senate on Tuesday directed its Committee on Banking, Insurance and Other Financial Institutions to immediately organise a public hearing to investigate the result of a survey that revealed that over 12 million vehicle insurance policies in...

  • Posted June 9, 2016
  • 0
• 
  Why FG can’t sanction Discos, Gencos over inefficiencies – Fashola

  The Minister of Power, Works and Housing, Mr. Babatunde Fashola has said it would be difficult for the federal government to randomly punish the operational inefficiencies of electricity generating and distribution companies in the country because the...

  • Posted June 8, 2016
  • 0
• 
  Cooking gas crisis to ease as marketers await arrival of NLNG vessel

  Barring any unforeseen circumstances, the Nigeria LNG Limited will bring a vessel of Liquefied Petroleum Gas (LPG, better known as Cooking Gas, to Lagos this week, thus effectively resolving the supply crisis that created a monopoly situation...

  • Posted June 8, 2016
  • 0
• 
  FG, Banks eye N5tn pension fund as National Assembly promises speedy legislation

  The federal government and commercial banks are targeting the whopping N5 trillion pension fund being managed by pension administrators as a means of revitalising the dwindling economy. This hint was dropped monday at the opening session of...

  • Posted June 8, 2016
  • 0