All posts tagged "featured"
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FG mobilises Military to stop sabotage of oil facilities
President Muhammadu Buhari monay in Abuja said the federal government had begun mobilising the military and task forces to stop the sabotage of oil facilities and kidnapping of citizens for ransom in the coastal areas of the...
- Posted February 17, 2016
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Dangote’s Rice Outgrowers Scheme to employ 10,000 rural populace
As the federal government turns attention to agriculture to ease the pressure on the economy and create jobs, President of Dangote Group, Alhaji Aliko Dangote at the weekend flagged off his multibillion Naira 8000 hectares of Rice...
- Posted February 17, 2016
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Investors to get dividend value within 24 hours of payment
Investors in the Nigerian capital market are to get value for dividend paid within 24 hours through the electronic dividend payment platform. For now, it takes days and months for most investors to get value of the...
- Posted February 16, 2016
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Wema Bank bags two ISO Certifications
Wema Bank has been awarded two International Organisation for Standardisation (ISO) certifications by the British Standard Institute (BSI), a leading organisation in audit management systems and processes. The certifications are the world’s highest accreditation for Information Security...
- Posted February 16, 2016
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Fidelity Bank generates N300bn in IGR for governments
Fidelity Bank Plc said it recorded cumulative collections of over N300 billion in internally generated revenue (IGR) for all the three tiers of government over a period of 10 years. The Managing Director/Chief Executive Officer, Fidelity Bank...
- Posted February 16, 2016
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MFBs must not be allowed to die – Obasanjo
Former President Olusegun Obasanjo has enjoined all stakeholders in the microfinance sub-sector not to allow the microfinance banks (MFBs) to die, in view of the present challenges facing the economy. According to a statement, Obasanjo made the...
- Posted February 16, 2016
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Reps Committee tasks DMO on economic recovery
Members of the House of Representatives Committee on Aids, Loans and Debt Management, using the instrumentalities of the Debt Management Office (DMO) Nigeria will come out of the current economic challenges. The Chairman of the Committee, Honourable...
- Posted February 16, 2016
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Naira to weaken further as dollar demand soars
The naira will weaken further at the parallel market this week after shedding nine per cent of its value last week, foreign exchange dealers and economic experts have said. Last week, the local currency fell from 310...
- Posted February 16, 2016
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Subsidy removal: FG saves N18.3bn in six weeks
Between January 1 and February 12 this year, an interval of about six weeks, the Federal Government made over N18.3bn as savings from the removal of subsidy on Premium Motor Spirit and House Hold Kerosene. The government...
- Posted February 16, 2016
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Power generation drops by 488.7MW
After attaining a peak of 5,074.7 megawatts on February 2, 2016, power generation in the country has lost 488.7MW within six days, dropping to 4,586MW on February 8. Similarly, energy generation fell by 774.04MW in the same...
- Posted February 16, 2016