All posts tagged "featured"
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Gas market highly unstable – Kachikwu
The President of the Gas Exporting Countries’ Forum and Nigeria’s Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has outlined reasons why the global gas market is currently unstable. Speaking at the 17th ministerial meeting of...
- Posted November 25, 2015
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Guinness seeks approval for N4.82bn dividend
Guinness Nigeria Plc will on Thursday seek the approval of its shareholders to pay N4.82bn as dividend for the financial year ended June 30, 2015. The company will seek approval to pay the dividend, which translates into...
- Posted November 25, 2015
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FG subsidises petrol by N10.58/litre despite scarcity
Despite the fall in global crude oil prices, its harsh impact on Nigeria’s revenue and the current petrol scarcity in many cities, the Federal Government is still subsidising by N10.58 for every litre of the product consumed...
- Posted November 25, 2015
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N413bn subsidy: Marketers doubt approval by N’Assemby
Marketers of petroleum products in the country are not sure of resuming their normal business activities in full scale any time soon following the delay by the National Assembly to okay the payment of the N413bn approved...
- Posted November 25, 2015
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Naira hits 242 as CBN cuts dollar supply
The naira fell to 242 against the United States dollar at the parallel market on Monday after the Central Bank of Nigeria cut dollar supply to Bureaux de Change operators in a bid to conserve the external...
- Posted November 25, 2015
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Exporters seek single-digit interest rate
As part of efforts to diversify Nigeria’s economy from oil, as the mainstay, exporters have called on the federal government to initiate policies aimed at promoting single-digit interest rates for local exports. The exporters spoke during a...
- Posted November 24, 2015
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39.5million Nigerians are excluded from financial services – CBN
The Central Bank of Nigeria (CBN) has restated that about 39.5 million Nigerians were totally excluded from the financial services system. These include insurance services, pension and banking services. The bank said greater numbers of persons were...
- Posted November 24, 2015
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Dangote Cement donates work tools to artisans
Dangote Cement Plc has announced the donation of work tools to artisans around Unity Road junction in Ikeja, Lagos State, as part of efforts to enable them to deliver better jobs. The firm said in a statement...
- Posted November 24, 2015
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Wigwe seeks improved anti-fraud partnership among banks
The Group Managing Director/Chief Executive Officer, Access Bank Plc, Mr. Herbert Wigwe, has called for a harmonised fraud-fighting approach among financial institutions in the country. Wigwe, also noted that with this, stakeholders could collaborate and find urgent...
- Posted November 24, 2015
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Electricity: Local manufacturers lose out on one million meters
The Federal Government’s intention of injecting one million new electricity meters into the country through local manufacturers may be reversed due to recent developments. The immediate administration of President Goodluck Jonathan had initiated the scheme with the...
- Posted November 23, 2015