All posts tagged "featured"

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  BPE writes Osinbajo, clears controversy on payments for PHCN’s windup

  The Bureau of Public Enterprises (BPE) has formally written to the Vice-President, Prof. Yemi Osinbajo, to explain the role its Director General, Banjamin Dikki played in engaging the legal team that concluded the winding up exercise of...

  • Posted January 15, 2016
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  Nigeria rules out cutting oil production in isolation of OPEC

  Nigeria said wednesday it would not cut oil production outside the framework of the Organisation of Petroleum Exporting Countries (OPEC), even as nose diving crude prices caused by a global supply glut have ravaged its revenue. US...

  • Posted January 15, 2016
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  Dangote to triple Nigeria’s gas consumption

  The President, Dangote Group, Alhaji Aliko Dangote, has said the gas pipeline being built by the company will triple the country’s consumption of the resource. Dangote said the 1,100-kilometer pipeline would give the country three billion cubic...

  • Posted January 15, 2016
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  Ekiti Government begins disbursement of N500m SMEs loan

  Ekiti State Government has commenced the disbursement of N500 million Small and Medium-Sized Enterprises (SMEs) loan to the beneficiaries. The N500 million is the first tranche of the N2 billion the Central Bank of Nigeria (CBN) earmarked...

  • Posted January 15, 2016
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  SEC DG urges investors to register for e-Dividend

  The Director-General, Securities and Exchange Commission, Mr. Mounir Gwarzo, has urged investors in the capital market to register for the e-Dividend scheme, stating that the commission is committed to ensuring that they receive their unclaimed dividends, the...

  • Posted January 15, 2016
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  Food production: FG inaugurates equipment hiring scheme

  The Minister of Agriculture and Rural Development, Chief Audu Ogbeh, has signalled the commencement of the second phase of the Agricultural Equipment Hiring Enterprise under the Mechanisation Intervention Programme. The event, which held at the National Centre...

  • Posted January 15, 2016
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  Nigeria under severe economic stress – IMF boss

  The Managing Director of the International Monetary Fund, Christine Lagarde, said on Tuesday that Nigeria was under severe economic stress. Lagarde, who was on a four-day visit to Nigeria last week, stated this at a farewell symposium...

  • Posted January 14, 2016
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  Appraise your real sector customer loan requests – CBN tells banks

  In line with the decision reached at the last monetary policy committee meeting (MPC) to channel the liquidity that arose from the reduction of the cash reserve requirements (CRR) to 20 per cent, to employment generating activities...

  • Posted January 14, 2016
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  NSE: Investors lose N804bn in seven days

  Equity investors in the country’s capital market in the first seven trading days of the year lost N804tn of their investment worth. Market capitalisation after the trading on the floor of the Exchange on Tuesday closed at...

  • Posted January 14, 2016
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  NDIC to cover non-interest banks’ deposit liabilities

  The Nigeria Deposit Insurance Corporation said it had found it necessary to develop a framework for insuring deposit liabilities of non-interest financial institutions in the country. The NDIC, in a statement on Tuesday, noted that the successful...

  • Posted January 14, 2016
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