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All posts tagged "featured"

  • IOCs uncomfortable with NNPC’s review of oil contracts

    Coming at a time of sustained decline in global oil prices, the plan by the Nigerian National Petroleum Corporation to review the fiscal terms of existing Production Sharing Contracts may be opposed by International Oil Companies involved...

    • Posted September 26, 2015
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  • Recession: Economic recovery unlikely soon – Experts predict

    The slow growth that the Nigerian economy is experiencing may not lead to recession any time soon, but recovery will definitely not come quickly, economists have said. The economists spoke against the backdrop of Tuesday’s warning by...

    • Posted September 26, 2015
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  • NCC begins clampdown on errant Internet Service Providers

    The Nigerian Communications Commission (NCC) on Tuesday in Ibadan commenced clamp down on delinquent internet service providers in the city. Mostly affected are those defaulting in regularising their operational licenses and those who failed to remit one...

    • Posted September 25, 2015
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  • Heritage Bank completes integration with Enterprise Bank

    The Chairman, Board of Directors, Heritage Bank Limited, Mr. Akinsola Akinfemiwa, says the bank is set for a seamless operation following the completion of the merger between Heritage Banking Company Limited and Enterprise Bank Limited Akinfemiwa said...

    • Posted September 25, 2015
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  • Nicolas Terraz appointed Managing Director of Total E&P Nigeria

    The Board of Directors of Total Exploration and Production (E&P) Nigeria has appointed Mr. Nicolas Terraz as the Managing Director and Chief Executive of Total E&P Nigeria Limited (TEPNG). Terraz, whose appointment took effect from September 17,...

    • Posted September 25, 2015
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  • Sallah: Don’t exploit travellers, FG warns airlines

    The Federal Government on Wednesday ordered airline operators not to take advantage of the Sallah rush by travellers to exploit the passengers. It also assured Nigerians at home and those on pilgrimage in Mecca, Saudi Arabia, of...

    • Posted September 25, 2015
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  • TSA: Bonds yields fall as interbank rates rise

    Yields on Nigerian bonds declined on Wednesday after the Central Bank of Nigeria slashed its cash reserve ratio by six percentage points to boost liquidity in the banking system but interest rates remained high at the interbank...

    • Posted September 25, 2015
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  • Kwara offers N150m to small and medium enterprise

    As part of effort to consolidate the need to generate more employment opportunities and economic development of Kwara state, the state government has set aside another N150 million for interested small and medium scale entrepreneurs in the...

    • Posted September 25, 2015
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  • FG begins preparation of 2016 budget

    The Federal Government on Tuesday began the process of the preparation of the 2016 budget for the country. The fiscal document for 2016 will be based on six policy thrusts and it is aimed at stimulating growth...

    • Posted September 24, 2015
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  • CBN cuts CRR to 25%, holds benchmark rate at 13%

    Concerned by the seeming shortage of cash in the banking system as well as the fragile macroeconomic environment, the Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC) on Tuesday reduced the cash reserve requirement (CRR) to...

    • Posted September 24, 2015
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