All posts tagged "featured"

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  Yields on Nigeria’s treasury bills rise across board

  Yields on Nigerian short-dated treasury bills rose significantly at an auction on Wednesday where the central bank sold a total of N167.51 billion worth of debt with maturities ranging between three months and one year. The central...

  • Posted April 23, 2016
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  MTN’s subscriber base falls 1.4% in First Quarter

  MTN Group Limited’s subscriber numbers fell during the first quarter as disconnections ordered by the government in Nigeria, its biggest market, curbed the growth of Africa’s largest wireless operator. MTN’s customer base decreased by 1.4 per cent...

  • Posted April 23, 2016
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  Workers’ welfare remains priority – FG

  The federal government, has said that the welfare of workers remains its priority. The Head of the  Service of the Federation (HoSF), Mrs. Winifred Ekanem Oyo-Ita, made the position of the federal government on civil servants known...

  • Posted April 23, 2016
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  FG defers N10.9bn loan repayment by States, rules out another bailout

  The Finance Minister, Mrs. Kemi Adeosun has said that the federal government would not make deductions from states’ Federation Account allocations for the month of March on their restructured loans so as to allow them pay their...

  • Posted April 23, 2016
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  Economic crunch: Airlines adopt new strategies to sustain operation

  Foreign airlines and Nigerian carriers operating international destinations are adopting various strategies that will help them remain in business as the number of people that travel out of the country has scaled down owing to the economic...

  • Posted April 23, 2016
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  Shell defies order to halt production at facility

  Royal Dutch Shell has failed to halt production at the Gbaran Ubie oil and gas facility in Bayelsa State, contravening a court order for the site to be sealed and raising the prospect of legal action, government...

  • Posted April 22, 2016
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  Economy: Governors’ meeting ends in deadlock

  A meeting of the Nigeria Governors’ Forum held on Wednesday to discuss the state of the nation’s economy ended in a deadlock. The meeting which was held inside the old Banquet Hall of the Presidential Villa, Abuja,...

  • Posted April 22, 2016
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  Dangote Sugar Refinery shareholders approve N6bn dividend

  Shareholders of Dangote Refinery Plc on Wednesday approved the N6 billion dividend proposed by the board for the year ended December 31, 2015. The dividend, which translated to 50 kobo per share, was approved at the 10th...

  • Posted April 22, 2016
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  NDIC puts total bank depositors’ funds at N17.3tn in 2015

  The Managing Director/Chief Executive, Nigeria Deposit Insurance Corporation (NDIC), Alhaji Umaru Ibrahim has disclosed that the total deposit liabilities of all the deposit money banks (DMBs) in the country amounted to N17.3 trillion as at December 2015....

  • Posted April 22, 2016
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  FG committee okays MMA2 for regional operations

  The Ministerial Committee on Airport Security has certified the Murtala Muhammed Airport 2, Lagos, operated by Bi-Courtney Aviation Services Limited, fit for the commencement of regional operations. Following a visit to the facility, the committee, set up...

  • Posted April 21, 2016
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