All posts tagged "featured"

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  CBN allocates $921m to banks in one month

  As the Central Bank of Nigeria (CBN) continues with its rationing of the greenback, bank returns on foreign exchange utilisation bought from the central bank and compiled by THISDAY have shown that it allocated $921,352,549 to 17...

  • Posted April 5, 2016
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  FG returns petrol subsidy, retains official pump prices

  The Federal Government on Saturday recommenced the payment of subsidy on petrol as it subsidised the commodity by N5.84 for every litre of premium motor spirit consumed in Nigeria. Subsidy on petrol was stopped in January after...

  • Posted April 4, 2016
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  Nigeria, China to improve food security in Africa

  The International Institute of Tropical Agriculture and China’s Academy of Tropical Agricultural Sciences have begun a partnership to improve food security and create jobs for the growing youth population in Africa. The new partnership is part of...

  • Posted April 4, 2016
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  New IMO rule threatens Nigeria’s exports

  Come July 1, Nigeria’s export products may be rejected if they or the containers in which they are loaded are not weighed before being loaded onto ships. The rule, which is a convention of the International Maritime...

  • Posted April 4, 2016
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  ntel gets NCC approval to roll out 4G services

  The Nigerian Communications Commission has given the management of ntel permission to proceed with the roll out of its fourth generation Long Term Evolution network for commercial use in Lagos and Abuja. The go-ahead order was subsequent...

  • Posted April 4, 2016
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  Operators battle FAAN over excessive charges

  Fighting for operators in the aviation sector, members of the National Union of Air Transport Employee (NUATE) has petitioned the Minister of State for Aviation, Hadi Sirika, accusing Federal Airports Authority (FAAN) of incessant hike in operating...

  • Posted April 4, 2016
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  Regulatory approval delaying international flights – Bi-Courtney

  Bi-Courtney Aviation Services Limited, operators of the Murtala Muhammed Airport Terminal Two in Lagos, says the delay in the planned commencement of regional and international flights at the terminal is due to regulatory approval yet to be...

  • Posted April 3, 2016
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  Bank customers lost N2.25bn to fraudsters in 2015 – CBN

  Bank customers lost the sum of N2.25bn to fraudsters in 2015 despite a significant fall in the value of financial frauds recorded last year, data from the Central Bank of Nigeria and the Nigeria Inter-Bank Settlement System...

  • Posted April 3, 2016
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  Adeosun at G20 in Paris, calls for inclusive growth for Africa

  The Minister of Finance, Mrs. Kemi Adeosun has advocated for sustainable and inclusive growth for Africa while speaking at a high level G20 seminar of finance ministers in Paris, France Thursday night. At the G20 Summit, the...

  • Posted April 3, 2016
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  Julius Berger Nigeria’s profit dips 70% on lull in construction sector

  The lull in the construction sector of the Nigerian economy has impacted negatively on the operations of Julius Berger Nigeria (JBN) Plc,  leading to a dip of 70 per cent in profit after tax(PAT) for the year...

  • Posted April 2, 2016
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