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All posts tagged "featured"

  • Telecomms towers
    Stakeholders accuse telcos of underutilising $600bn 3G spectrum

    Stakeholders in the telecommunications sector have accused telecoms companies of underutilising the $600bn 3G spectrum. The stakeholders, who also include subscribers, stated that the underutilisation of the 3G spectrum by the telcos was the reason for the...

    • Posted July 28, 2015
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  • 271114F-Godwin-Emefiele
    N10tn required to support MSMEs – CBN

    Nigeria requires about N10tn to effectively support the Micro, Small and Medium Enterprises financially, the Central Bank of Nigeria has said. According to the CBN, the N220bn MSME fund that was inaugurated by former President Goodluck Jonathan...

    • Posted July 28, 2015
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  • CBN
    Odds favour import contraction in Third Quarter

    There are indications that a cocktail of administrative measures put in place by the Central Bank of Nigeria (CBN) which has been responsible for the recent decline in merchandise imports will continue in the third quarter of...

    • Posted July 27, 2015
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  • bags of rice
    Rice imports drop by 53% as prices rise

    The volume of rice being imported into the country has dropped by 53 per cent in the last one month just as the price of the commodity has increased by over 20 per cent in the market,...

    • Posted July 27, 2015
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  • BUHARI 1 (1)
    FAAC allocates N518bn to three tiers of government

    The Federation Accounts Allocation Committee on Friday allocated a total sum of N518.54bn to the three tiers of government for the month of June The allocation, when compared to the N403.02bn distributed in the previous month of...

    • Posted July 26, 2015
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  • Arunma-Oteh 0
    Oteh emerges World Bank’s vice president

    The World Bank has announced the appointment of the immediate past Director General of the Securities and Exchange Commission, Arunma Oteh, as its vice president and treasurer. The bank, in a statement on Friday, said Oteh was...

    • Posted July 26, 2015
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  • Air-Nigeria-plane
    FG may rejig policy on airline ownership in Nigeria

    Determined to address the problem of low capacity and improve airlines’ operational standards, the federal government may come up with a policy that would stipulate that any airline operating in the country should have a minimum of...

    • Posted July 25, 2015
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  • Dr-Shamsudeen-Usman
    Ex-Minister backs Nigeria, US economic partnership

    A former Minister of National Economic Planning, Dr. Shamsudeen Usman, says the renewed economic partnership between Nigeria and the United States will boost economic growth and lead to the recovery of stolen funds kept in foreign banks....

    • Posted July 25, 2015
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  • NSE-Building
    Stakeholders address investors’ concerns about stock market

    Industry stakeholders on Thursday said the Nigerian capital market had recorded significant growth in recent years, expressing optimism that the pressure from the nation’s macro-economic fundamentals on the market would be short-lived. Speaking at an Investors’ Forum...

    • Posted July 25, 2015
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  • Buhari1
    Appoint Finance Minister now – Group urges Buhari

    The Centre for Social Justice on Wednesday urged President Muhammadu Buhari to appoint a Finance minister to manage the economy pending when he would constitute his full cabinet. The group, in a statement issued by its lead...

    • Posted July 24, 2015
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  • gas-lines
    Nigeria’s gas reserves to last 79 years – DPR

    Nigeria’s gas reserve life index stands at 79 years as of January 1, 2015, according to the latest data from the Department of Petroleum resources. Out of this figure, some volumes are said to stranded or not...

    • Posted July 24, 2015
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  • Stock-Trade-Session
    Stock market falls after two-day rise

    The Nigerian Stock Exchange All-Share Index closed lower on Wednesday, snapping a two-day gain on the back of losses by 32 stocks. The NSE ASI had on Tuesday begun the week on a positive note, extending the...

    • Posted July 24, 2015
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