All posts tagged "featured"

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  FG, World Bank launch initiative to boost MSMEs

  The federal government, in partnership with the World Bank on Tuesday launched the Growth and Employment (GEM) Equity Window, a grant scheme to support micro, small and medium scale enterprises (MSMEs) in the country. The World Bank...

  • Posted November 5, 2015
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  Nigeria eyes foreign investment at UK Trade Mission

  Nigerian-British Chamber of Commerce (NBCC) and the Nigerian Export Promotion Council (NEPC) have concluded plans to lead a delegate of 40 business executives on a five-day Trade Mission to the United Kingdom from 2nd to 6th November,...

  • Posted November 5, 2015
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  Recapitalisation: SEC to release final list of compliant operators December

  Strong indications emerged on Monday that the Securities and Exchange Commission (SEC) will in December, release the final list of market operators, who have complied with the new minimum capital requirement. SEC had in 2013 announced new...

  • Posted November 5, 2015
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  DMO restructures N576bn bank loans of 23 States into FGN Bonds

  As part of efforts by the federal government to save states from their financial crises, the Debt Management Office ( DMO) has restructured the N575.516 billion bank loans owed by  23 states into Federal Government of Nigeria...

  • Posted November 5, 2015
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  New lifting terms will abolish hawking of crude oil – NNPC

  The Nigerian National Petroleum Corporation (NNPC) has said that the new measures it put in place to select  new off-takers of Nigeria’s crude oil grades will eliminate ‘hawking’ of Nigeria’s crude oil at the international markets. The...

  • Posted November 4, 2015
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  Oil price crash compels Nigeria, others to revise fiscal terms

  A new report by Wood Mackenzie has stated that the slump in the price of crude oil has accelerated the need for Nigeria and other sub-Saharan African countries to carry out a review of fiscal terms, as...

  • Posted November 4, 2015
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  Nigerian Breweries raises N17.7billion via Commercial Paper

  Nigerian Breweries Plc has successfully raised N17.7 billion  under its three-year N100 billion Commercial Paper (CP) programme.  The N17.7 billion has a yield of  12.50 per cent per annum. According to the company, the offer, which closed...

  • Posted November 4, 2015
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  MTN bond yields soar to record as shares fall to 3-year low

  MTN Group Limited’s dollar bonds plunged for a third day, driving yields to record highs, as shares in Africa’s largest mobile phone operator extended a decline to a three-year low amid a lack of clarity over a...

  • Posted November 4, 2015
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  Chevron, ExxonMobil cut costs, jobs amid plunging revenues

  Chevron Corporation at the weekend joined other international oil companies (IOCs) planning to cut jobs to stay ahead of the plunging revenues caused by the slump in crude oil prices as the company said it would cut...

  • Posted November 4, 2015
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  Nigerian Mobile Internet users hit 97m mark

  The number of mobile internet users on Nigeria’s telecoms networks has hit 97.21 million up from the 95.37 million recorded in August this year, according to figures released by the Nigerian Communications Commission (NCC). The telecoms regulatory...

  • Posted November 3, 2015
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