Don't Miss


All posts tagged "featured"

  • Fuel queues persist, despite increase in supply

    The nationwide fuel scarcity has forced the Nigerian National Petroleum Corporation to dispatch about 96.61 million litres of petrol within three days, a development which the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, says is...

    • Posted November 23, 2015
    • 0
  • NSE: Foreign portfolio investment accounted for 22.52% of transactions in September

    Amidst the consistent volatility at the nation’s capital market in recent times, there are indications that foreign portfolio investors have continued to exit the Nigerian economy in search of better deals in other jurisdiction. This indication was...

    • Posted November 23, 2015
    • 0
  • Our investments will boost Nigeria’s exports – Japan

    The Japanese government has declared that the number of investors from Japan investing in Nigeria has increased over the past year and when goods manufactured in Nigeria by these investors are exported, it will ultimately boost the...

    • Posted November 22, 2015
    • 0
  • Petrol scarcity to end in days

    If the words of some marketers of refined petroleum products, especially petrol, are anything to go by, the current fuel scarcity in different parts of the country will ease off in a few days. The Executive Secretary,...

    • Posted November 21, 2015
    • 1
  • Petroleum tax falls by N390bn – FIRS

    The Petroleum Profits Tax collection for the year has dropped by N390bn from a target of N1.48tn to N1.09tn, the Acting Executive Chairman, Federal Inland Revenue Service, Mr. Babatunde Fowler, has said. According to him, over 200...

    • Posted November 21, 2015
    • 0
  • FG, states, LGs to share $150m NLNG dividend

    State governors have resolved that the sum of $150m (N29.55bn) out of the $400m (N78.8bn) Nigeria Liquefied Natural Gas dividend should be shared among the three tiers of government according to the sharing formula being used for...

    • Posted November 21, 2015
    • 0
  • Soludo urges FG to review TSA, remove subsidy

    A former Governor of the Central Bank of Nigeria, Prof. Chukwuma Soludo, on Thursday faulted the implementation of the Treasury Single Account by the Federal Government and called for its immediate review. He also advised President Muhammadu...

    • Posted November 21, 2015
    • 0
  • Central Bank says no plan to restrict dollar supply

    Deputy Governor of the Central Bank of Nigeria (CBN) Dr. Sarah Alade has denied a news report that the CBN plans to restrict dollar supplies to the interbank foreign exchange market. Bloomberg had quoted an unnamed source...

    • Posted November 21, 2015
    • 0
  • Akwa Ibom explains business interest with Chinese investors

    Akwa Ibom State Government has tasked the management of the Bank of Industry (BOI) to establish functional office in the state in order to boost the industrilisation drive of the state government just as it explained business...

    • Posted November 21, 2015
    • 0
  • NSE targets 25m investors through TradeSmart App

    The Nigerian Stock Exchange (NSE) on Wednesday launched an online trading application called ‘Smart Trade’ as part of efforts to increase retail investors’ participation in the nation’s stock market to 25 million. Although Nigeria has a population...

    • Posted November 20, 2015
    • 0