All posts tagged "featured"

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  PPMC lauded for restoring Aba-Port Harcourt supply line

  Business Development Manager of Seafrills Energy Limited, Mr. Obafemi Ajayi has lauded the Minister of State for Petroleum Resources, Mr. Ibe Kachikwu for expediting action that saw the restoration of the Port Harcourt-Aba supply line and moving...

  • Posted February 7, 2016
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  Budget 2016: N1.8tn investment will trigger economic turnaround – Adeosun

  The Minister of Finance, Mrs. Kemi Adeosun yesterday assured the nation and the international community that the proposed N1.8 trillion capital investments in the 2016 budget would be crucial for stimulating economic growth in the country. She...

  • Posted February 7, 2016
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  CBN extends BVN registration for Nigerians abroad

  The Central Bank of Nigeria has extended the Bank Verification Number registration exercise for Nigerians abroad from January 31 to June 30, 2016. The CBN, in a circular on Thursday, said the extension would allow Nigerian bank...

  • Posted February 6, 2016
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  Nigeria’s 2015 GDP, lowest in 15 years − Adeosun

  The Minister of Finance, Mrs Kemi Adeosun on Friday said the growth recorded by the country in the 2015 fiscal period was the lowest in the last 15 years. Nigeria’s Gross Domestic Product grew by 2.84 per...

  • Posted February 6, 2016
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  Why we sanction telecoms operators – NCC

  The Nigerian Communications Commission uses sanctions to ensure that telecommunications operators comply with regulations, guidelines and directives, the Executive Vice Chairman, NCC, Prof. Umar Danbatta, has said. Danbatta, who spoke at the first Annual Conference on Combatting...

  • Posted February 6, 2016
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  Capital Oil, Bellview Airlines, Seawolf, 217 others on AMCON’s N1.146tn debtors’ list

  In a name shame tactic that has become the norm in Nigerian financial services, the Asset Management Corporation of Nigeria (AMCON) has listed Capital Oil and Gas Industries Limited, Seawolf, the defunct Bellview Airlines, Resort International Limited,...

  • Posted February 6, 2016
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  Shell to shed 10,000 jobs, defers FID on Bonga South West Project

  As dwindling oil prices take their toll on oil industry operations, Royal Dutch Shell has announced that it will cut its global staff strength by 10,000 in 2016. It also announced in its fourth quarter of 2015...

  • Posted February 6, 2016
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  Nigerian Capital Market loses N1.63tn in January

  The Nigerian stock market lost more than N1.63 trillion in January due to profit-taking and currency volatility, statistics from the Nigerian Stock Exchange (NSE) showed on Thursday. The News Agency of Nigeria (NAN) reported that the drop...

  • Posted February 6, 2016
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  Fitch: Nigeria’s oil response has downside fiscal, growth risks

  The federal government’s recent economic policy announcements show its response to the oil price shock is coalescing around state-led development to boost economic growth and import substitution to blunt the effects of declining oil receipts, Fitch Ratings...

  • Posted February 6, 2016
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  NCS warns exporters, importers on prohibited items

  The Nigeria Customs Service (NCS) has warned exporters and importers of prohibited items to desist from doing so, warning that the long arm of the law will soon catch up with perpetrators. The Customs Area Controller (CAC),...

  • Posted February 6, 2016
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