All posts tagged "featured"

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  LCCI calls for flexible exchange rate

  The Lagos Chamber of Commerce and Industry has proposed the adoption of a flexible exchange rate regime as a solution to the current economic crisis in the country. The proposal was contained in a speech delivered by...

  • Posted April 10, 2016
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  Morgan Stanley Index may exclude Nigeria from emerging markets over capital controls

  Index provider, Morgan Stanley Capital International (MSCI) is seeking feedback from investors on the ease of access to the Nigerian equity market, a move that could lead to the country being excluded from MSCI’s Frontier Markets index....

  • Posted April 10, 2016
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  Power sector lost N7.7bn to workers’ strikes – Fashola

  The frequent industrial action by workers in the electricity supply industry has resulted in the loss of about N7.734bn between 2014 and 2016, the Minister of Power, Works and Housing, Babatunde Fashola, has said. Fashola disclosed this...

  • Posted April 9, 2016
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  Oil firms not paying accurate dues to NDDC – Semenitari

  The acting Managing Director of the Niger Delta Development Commission, Mrs. Ibim Semenitari, on Thursday told the joint National Assembly Committee on Niger Delta that all the oil firms operating in the oil-rich region were not fully...

  • Posted April 9, 2016
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  5% Value Added Tax too low – Osinbajo

  Vice President Yemi Osinbajo has described the current five per cent Value Added Tax rate in the country as very low, adding that the Federal Government would increase the taxpayer base this year. Osinbajo stated this on...

  • Posted April 9, 2016
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  Ambode unveils new initiative to attract investors

  Lagos State Governor Akinwunmi Ambode has unveiled the Office of Overseas Affairs and Investment, also known as ‘Lagos Global’, in line with his administration’s efforts to boost ease of doing business in the state, as well as...

  • Posted April 9, 2016
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  Cash crunch threatens FAAN’s operations

  Reduction in revenue sources and poor patronage occasioned by the nation’s dwindling economy, have  adversely affected the finances of the Federal Airports Authority of Nigeria (FAAN). THISDAY investigations have revealed that the agency is finding it difficult...

  • Posted April 9, 2016
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  Dangote commences construction of 3 million tonnes Cement Plant in Cote d’Ivoire

  The Dangote Cement Plc has announced  the commencement of the construction of a new three million metric tonnes per annum capacity cement grinding plant in Cote d’Ivoire. The new project is coming just as the company announced...

  • Posted April 9, 2016
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  CBN raises Forex supply to manufacturers, oil marketers to get $200m for fuel imports

  Crusoe Osagie, Obinna Chima, Nume Ekeghe in Lagos and Chineme Okafor in Abuja As part of efforts to address the scarcity of foreign exchange that is impacting negatively on the real sector of the economy, the Central...

  • Posted April 9, 2016
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  Akwa Ibom targets 80,000 acres of cocoa plantation in three years

  Akwa Ibom state government has said that in the next three years, it will increase cocoa production in the state to 80,000 acres of plantation. The State Government also restated its commitment to undertaking the cocoa maintenance...

  • Posted April 9, 2016
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