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All posts tagged "featured"

  • More market operators hail passage of 2016 Budget

    More capital market operators have said the passage of the 2016 Budget of the federal government would impact positively on the market in particular and economy at large. Speaking to THISDAY, a stockbroker and Chief Executive Officer...

    • Posted March 29, 2016
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  • Nigeria to spend 24% of revenue on debt servicing in 2016

    Nigeria is to spend 24 per cent of its revenue in 2016 for debt servicing, which is lower than the amount recent speculated.  The Representative of Islamic Development Bank (IDB), in Nigeria, Abdallah Kiliaki said recently that the...

    • Posted March 29, 2016
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  • Importation of new cars declines by 67% on forex challenges

    The foreign exchange liquidity problem that has affected importation of goods into the country, and raw materials for local manufacturing, is also taking its toll on the automobiles industry, THISDAY finding has revealed. The National Automotive Design...

    • Posted March 29, 2016
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  • Nigerian Breweries emerges NSE Most Compliant Firm

    Nigerian Breweries Plc has been named the winner of the Nigerian Stock Exchange (NSE)Chief Executive Officer’s  Distinguished Award for Compliance in 2015. The award also known as the Most Complaint Listed Firm award is given by the NSE to a...

    • Posted March 29, 2016
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  • NNPC extends crude oil swap to April

    The Nigerian National Petroleum Corporation (NNPC) has again shifted the timeline for the planned commencement of its new crude oil trading and products sourcing arrangement, the Direct-Sale-Direct-Purchase (DSDP), to April. The DSDP is expected to replace the...

    • Posted March 28, 2016
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  • High oil cost raises fears of petrol price hike

    A fresh increase in the pump price of Premium Motor Spirit (petrol) may be imminent following the latest rise in the global oil prices, which has pushed the cost of petroleum products up. And should the Federal...

    • Posted March 28, 2016
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  • Nigeria on high-risk list in maritime crimes

    Nigeria has been classified among high-risk countries in doing international maritime business. The nation may henceforth have to pay more for the services of foreign seafarers. This was given in the latest maritime report obtained from the...

    • Posted March 28, 2016
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  • Scarcity of packaging materials threatens non-oil exports

    Non-oil exporters have raised the alarm over scarcity of jute bags used in packaging of cashew nuts and cocoa seeds for export. According to the exporters, over 1.5 million jute bags are required to bag the produce...

    • Posted March 28, 2016
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  • Forex scarcity: Demand for real estate drops

    The lingering scarcity of foreign exchange and economic slowdown hitting the country have created a glut in the Nigerian property market due to a sharp drop in demand, findings have revealed. Our correspondent gathered that since the...

    • Posted March 27, 2016
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  • Telcos disregard minister’s ultimatum on unused data

    Telecoms companies, Internet Service Providers and other companies offering Information and Communications Technology products and services have yet to commence the rollover of subscribed and unused data/Internet services after expiration. This was discovered on Friday; exactly two...

    • Posted March 27, 2016
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