All posts tagged "featured"

• 
  Cooking gas price rises by 45%, marketers lament

  The price of Liquefied Petroleum Gas, popularly known as cooking gas, has jumped by 45 per cent in less than a week amid scarcity of the product. Our correspondent gathered that the price of 20 metric tonnes...

  • Posted June 4, 2016
  • 0
• 
  Foreign airlines lose Nigeria’s high yield market to economic downturn

  THISDAY investigations have revealed that foreign airlines lose about $200 million monthly to the present economic crunch in Nigeria, which has forced potential travellers to defer their trips due to lack of disposable income. Also, there is...

  • Posted June 4, 2016
  • 0
• 
  Lagos restates commitment to SMEs

  The Deputy Governor of Lagos State, Dr. Idiat Oluranti Adebule, has expressed the commitment of the state to promote the growth of Small Mediums Scale Enterprises (SMEs). This, she said followed the recent inauguration of the N25...

  • Posted June 4, 2016
  • 0
• 
  Pension funds rise to N5.4tn

  Director-General, National Pension Commission,(PenCom), Mrs Chinelo Anohu-Amazu has revealed that Nigeria’s pension funds now stand at about N5.4 trillion with approximately seven million contributors. Anohu –Amazu who spoke Anohu-Amazu said this while speaking on the Role of...

  • Posted June 4, 2016
  • 0
• 
  Again, Nigeria’s Manufacturing Index declines

  Nigeria’s Manufacturing Purchasing Managers’ Index (PMI) rose to 45.8 index points in May 2016, compared to 43.7 in the preceding month. This according to the PMI report for May 2016 posted on the Central Bank of Nigeria’s...

  • Posted June 3, 2016
  • 0
• 
  FG plans London Bond talks as naira move looms

  Nigerian officials are meeting bond investors in London next week, according to a person familiar with the matter, as the government considers tapping international debt markets for the first time in three years to help finance its...

  • Posted June 3, 2016
  • 0
• 
  Investigative hearing reveals shady deals in 2005-2007 oil bid rounds

  The House of Representatives ad hoc committee investigating all oil bid rounds has heard details of shady deals in the tenders for the 2005-2007 bid rounds. The committee wednesday heard that none of the companies that won...

  • Posted June 3, 2016
  • 0
• 
  CBN begins stakeholder consultations on flexible exchange rate

  The Central Bank of Nigeria (CBN) wednesday held a meeting with treasurers of banks, one of a series of consultations with critical stakeholders in the financial system, to discuss its planned adoption of a flexible exchange regime....

  • Posted June 3, 2016
  • 0
• 
  Buhari to inaugurate Abuja-Kaduna rail line in July

  President Muhammadu Buhari will next month (July) signal the commencement of interstate railway services on the $1bn Abuja-Kaduna rail line project, the Minister of Transportation, Rotimi Amaechi, has said. According to him, the rail line is set...

  • Posted June 3, 2016
  • 0
• 
  OPEC members seek joint action on oil output

  Some members of the Organisation of Petroleum Exporting Countries including Saudi Arabia are looking to revive the idea of coordinated oil-output action by major producers when the group meets today (Thursday) in Vienna. A senior OPEC source...

  • Posted June 3, 2016
  • 0