All posts tagged "featured"

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  Economy suffered severe decline under Buhari’s one year – LCCI

  The Lagos Chamber of Commerce and Industry (LCCI) has declared that the Nigerian economy suffered severe decline in the past one year of the administration of President Muhammadu Buhari. The LCCI in a report titled: “The Economy...

  • Posted May 29, 2016
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  British Airways may exit Nigerian routes

  British Airways is evaluating its routes to Nigeria, adding to aviation industry pressure on the Federal Government as sister carrier, Iberia, and United States competitor, United Airlines, halt flights to the country as traffic stutters and currency...

  • Posted May 29, 2016
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  Economic downturn: FG to sell Eurobond, issue sukuk

  The Federal Government is working out details for issuing a debut sovereign sukuk this year and may also sell a Eurobond, the Director-General, Debt Management Office, Abraham Nwankwo, has said. He said the DMO had yet to...

  • Posted May 29, 2016
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  Oil price hits $50 amid Nigeria outages

  Global oil benchmark, Brent crude, on Thursday traded above $50 per barrel for the first time in 2016 as supply disruptions and increased global demand continue to fuel a recovery. Brent, against which Nigeria’s oil is priced,...

  • Posted May 28, 2016
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  Dangote disburses N400m to Lagos women

  To cushion the effect of the current economic downturn, the Dangote Foundation on Thursday commenced the disbursement of N400m micro grant to 40,000 indigent women in all the local governments in Lagos State. The grant is a...

  • Posted May 28, 2016
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  Works, power contractors owed for three years — FG

  Most contractors who have been working for the Federal Government in the power and works sectors are being owed for an average of three years, the Minister of Power, Works and Housing, Mr. Babatunde Fashola, has said....

  • Posted May 28, 2016
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  NAMA assures stakeholders of airspace safety

  The Nigerian Airspace Management Agency (NAMA) has promised that the nation’s airspace remained one of the safest on the continent of Africa for air navigation. Speaking while declaring open the demonstration of Aircraft e-Clearance User Acceptance Test...

  • Posted May 28, 2016
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  FBN Holdings shareholders receive N5.4billion dividend

  Shareholders of FBN Holdings Plc on Tuesday approved a dividend of N5.38 billion proposed by the board for the year ended December 31, 2015. The dividend, which translates to 15 kobo per share, was paid despite a major...

  • Posted May 28, 2016
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  2016 Budget implementation depends on revenue targets – Adeosun

  The full implementation of the N6.03 trillion 2016 budget will depend on the ability of the federal government to meet its revenue targets, the Minister of Finance, Mrs. Kemi Adeosun, has said. The minister spoke yesterday at...

  • Posted May 28, 2016
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  Dangote contributes 53% of government’s revenue from mineral resources sector – NEITI

  An agency of the federal government, the Nigeria Extractive Industries Transparency Initiative (NEITI), has stated that Dangote Industries Limited generates more mineral resource revenue for the government than the rest of the nation put together. In its...

  • Posted May 27, 2016
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