All posts tagged "featured"
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Buhari will tackle illegal miners, diversify economy – Fayemi
The Minister of Mines and Steel Development, Dr. Kayode Fayemi, has promised that the President Muhammadu Buhari government will muster legal and political will to fight illegal miners in the country. The ex-governor said the Buhari-led government...
- Posted November 17, 2015
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Foreign investors reduce demand for FGN Bonds auction
Most foreign investors refused to participate in the FGN Bonds auction held last week, a development financial analysts traced partly to JP Morgan & Chase’s removal of the FGN Bonds from its Government Bond Index for Emerging...
- Posted November 17, 2015
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PPPRA allots 1.5mmt to MRS, Total, Forte Oil, 16 others for petrol importation in Q4
The federal government has granted approval for the importation of 1.5 million metric tonnes of petrol to 19 companies for the fourth quarter of 2015.
 This is coming as the co-founder and chief executive officer of Geneva-based...
- Posted November 17, 2015
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NARTO wants FG to concession Nigerian roads
The Nigeria Association of Road Transport Owners (NARTO) has called on the federal government to concession all the roads in Nigeria. The association also said that the concessioning to private operators would engender the needed standard and...
- Posted November 17, 2015
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MAN tasks FG on Nigerian Industrial Revolution Plan
The Manufacturers Association of Nigeria (MAN) has called on the federal government to adhere to the implementation of Nigerian Industrial Revolution Plan (NIRP) initiative, noting that NIRP is the nation’s flagship industrialisation roadmap that will fast-track industrialisation,...
- Posted November 17, 2015
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500 Public companies risk SEC’s sanctions over non-registration of securities
Over 500 public companies may be sanctioned by the Securities and Exchange Commission (SEC) for not registering their securities with the commission, THISDAY checks at the weekend have revealed. Public companies, according to the Companies and Allied...
- Posted November 17, 2015
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UBA introduces contactless payment cards
The United Bank for Africa (UBA) Plc said it is changing the payment system landscape in Nigeria with the introduction of contactless payment cards. The contactless payment cards offer UBA customers an easier and more convenient hassle-free...
- Posted November 16, 2015
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CBN, banks, SystemSpecs, others share TSA fee
The Central Bank of Nigeria, Deposit Money Banks, SystemSpecs and the Nigerian Interbank Settlement Systems Plc are among the stakeholders sharing the one per cent service fee being collected on all government revenue transferred into the Treasury...
- Posted November 15, 2015
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Non-performing loans: CBN directs banks to strengthen buffers
Concerned about the level of loan loss reserves being reported by commercial banks, the Central Bank of Nigeria (CBN) in a proactive measure has mandated the Nigerian lenders to immediately double their general provisions on performing loans...
- Posted November 15, 2015
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NNPC insists Nigeria’s petrol stock still sufficient
In spite of the fresh increase in queues for petrol by motorists at service stations across the country, the Nigerian National Petroleum Corporation (NNPC) on Friday insisted that the country has enough petrol stocks to last for...
- Posted November 15, 2015