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All posts tagged "featured"

  • SON-logo
    SON partners NCS to curb substandard products influx into Nigeria

    The Standard Organisation of Nigeria (SON) and Nigerian Customs Service (NCS) have concluded arrangements to fight importation of substandard products into the country. SON and NCS entered into the collaboration during the visit of the acting Director...

    • Posted August 28, 2016
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  • NAHCO-Aviance-Logo
    Europe, others may shun perishable cargoes from Nigeria

    Perishable cargoes/vegetables exporters have counted their losses over the recent shut down of export sheds at the cargo areas of Murtala Muhammed International Airport, Lagos by the Nigeria Customs Service without considering its effect on delicate exports....

    • Posted August 28, 2016
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  • UBA logo
    UBA records marginal profits in half-year

    United Bank for Africa Plc yesterday reported profit before tax of N40.270 billion for the half year ended June 30, 2016, showing a marginal increase of 3.1 per cent from N39.046 billion recorded in the corresponding period...

    • Posted August 27, 2016
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  • Adebayo-Shittu
    Communications tax: 25% of licensed operators to shut down

    Industry players have projected that Nigeria would lose another 25 per cent of licensed operators if the Communication Service Tax bill is passed into law. Already, the country has lost 57 per cent of licensed operators to...

    • Posted August 27, 2016
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  • Ambode 1
    Allow states to develop their resources – Ambode urges FG

    The  Lagos State Governor, Mr. Akinwunmi Ambode, has advised the Federal Government to allow state governments to develop the natural resources within their domains in order to create the necessary infrastructure that will attract investors. According to...

    • Posted August 27, 2016
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  • oil barrels
    Nigeria loses N11bn daily as oil exports suffer

    As four of the nation’s crude oil grades remain under force majeure and the schedule for two other grades face delay, the country is losing at least N10.7bn in revenue daily. Following the declaration of force majeures...

    • Posted August 27, 2016
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  • oil prices
    Oil prices drop as output hopes dampen

    Oil prices fell Friday as OPEC’s key producers cast doubt on the need to cut output, denting hopes of a deal to tackle a global supply glut. Iranian Oil Minister Bijan Zanganeh on Friday said his country...

    • Posted August 27, 2016
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  • Fertiliser-Blending-Plant
    Plateau partners firm to build fertiliser blending plant

    Plateau state government has signed a memorandum of understanding (MoU) with Oil and Chemical International, a member of the Duncan Group of companies, to set up a 40 tonnes fertiliser blending plant in Foron in Barkin Ladi...

    • Posted August 26, 2016
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  • Prof-Segun-Ajibola
    CIBN stresses importance of banks to economic recovery

    The financial services sector is at the heart of the economy and it must lend to the Micro, Small and Medium Enterprises in order to enhance economic recovery, the President/Chairman of Council, Chartered Institute of Bankers of...

    • Posted August 26, 2016
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  • 280815F-Babatunde-Fashola
    Poor transmission: Power distribution firms forfeit N1bn monthly

    Power distribution companies have said they are currently losing over N1bn every month as a result of limited electricity evacuation capacity of the Transmission Company of Nigeria. According to the Discos, the poor transmission infrastructure in Nigeria...

    • Posted August 26, 2016
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