All posts tagged "featured"

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  38GHz, 42GHz bands will improve service quality – NCC

  The Nigerian Communications Commission on Friday said it had decided to open up the 38 and 42-Gigahertz bands, as well as re-plan the 23GHz microwave spectrum band, to facilitate broadband penetration and improve the quality of telecommunications...

  • Posted May 15, 2016
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  ExxonMobil suspends export of Nigerian crude oil

  Crude oil production in Nigeria has hit another snag as United States-based Exxon Mobil suspended exports from the country’s top crude stream, adding to economic strains from unrest and violence that have cut production to its lowest...

  • Posted May 15, 2016
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  Naira falls to 360 as dollar demand rises

  The naira weakened further on Friday, trading at 360 to the United States dollar at the parallel market, amid a rise in demand for dollars by fuel importers. The local currency stood at 341 at the unofficial...

  • Posted May 15, 2016
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  Fuel price: NLC to go on strike Wednesday

  The emergency meeting of the National Executive Committee of the Nigeria Labour Congress on Friday took a decision to embark on “total strike” on Wednesday to protest the increase in the fuel pump price from N86 and...

  • Posted May 15, 2016
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  Lagos to increase FDIs by 50 per cent – Ambode

  The Lagos State Governor Akinwunmi Ambode, has expressed the desire of his administration to increase Foreign Direct Investment (FDI) to the state by 50 percent in 2017. This is as the state said it prosecuted 1, 536...

  • Posted May 15, 2016
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  Stock market gains N81bn, 37 firms appreciate

  A total of 37 firms made the gainers’ list at the close of trading on the floor of the Nigerian Stock Exchange on Thursday. This pushed up the NSE market capitalisation by N81bn. The NSE realised a...

  • Posted May 14, 2016
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  Beware of fraudulent messages – CBN warns bank customers

  The Central Bank of Nigeria on Thursday warned customers of banks to beware of fraudulent messages demanding for personal information from them. The apex bank in a statement by its Acting Director, Corporate Communications Department, Mr. Isaac...

  • Posted May 14, 2016
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  N350bn release for capital projects begins

  The Federal Government said on Thursday that it would commence the release of the sum of N350bn set aside for capital projects as contained in the 2016 budget Friday. The Minister for Budget and National Planning, Senator...

  • Posted May 14, 2016
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  Unilever shareholders approve N189m dividend

  Shareholders of Unilever Nigeria Plc on Thursday approved the N189.2 million dividend recommended by the board of the company for the year ended December 31, 2015.The dividend, which translates to five kobo per share, was approved by...

  • Posted May 14, 2016
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  Subsidy removal: PPPRA pegs naira at N298/$ for fuel imports

  Oil marketers have been given the go-ahead to source foreign exchange (forex) to import petrol into the country at an autonomous exchange rate of N298 to the dollar. According to reliable sources in the Petroleum Products Pricing...

  • Posted May 14, 2016
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