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All posts tagged "featured"

  • Nigerian banks, the most regulated in the world – CBN

    The Deputy Governor of the Central Bank of Nigeria (CBN) in charge of economic policy, Mrs. Sarah Alade, has said banks operating in Nigeria are one of the most regulated in the world and expressed optimism that...

    • Posted September 19, 2015
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  • TSA: Don’t panic – Emefiele tells banks

    The Governor, Central Bank of Nigeria, Mr. Godwin Emefiele, on Thursday ruled out a naira devaluation, a day after President Muhammadu Buhari said he might not devalue the local currency again. Emefiele told banks not to panic...

    • Posted September 19, 2015
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  • Nigeria’s N630bn annual food import bill worries Emefiele

    The Central Bank of Nigeria (CBN) Governor, Mr. Godwin  Emefiele, has reiterated his concern over the country’s position as a net importer of agricultural produce with import above N630 billion. The country imports food products such as...

    • Posted September 19, 2015
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  • Nigerian airlines accused of exceeding expatriate quota

    Many of the over 450 Nigerian pilots and engineers who are unemployed have alleged that Nigerian airlines are exceeding the expatriate quota, which stipulated a specific number of foreigners  the airlines should employ. The Nigerian Immigration Service...

    • Posted September 19, 2015
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  • NECA opposes CPC’s regulatory role

    The Nigeria Employers’ Consultative Association has expressed its displeasure over the regulatory role of the Consumer Protection Council, saying the recent activities of the council are functions already being performed by other government agencies. The representative of...

    • Posted September 19, 2015
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  • Onshore oil taxation too high – Alakija

    Nigeria’s 85 per cent tax on onshore crude oil production is dissuading local investors from taking over assets from international oil companies, said Folorunso Alakija, an energy tycoon and the nation’s richest woman. Famfa Oil Limited, founded...

    • Posted September 19, 2015
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  • Ikpeazu moves to produce skilled youths to feed Aba factories

    Abia State Governor, Dr. Okezie Ikpeazu, Wednesday took a bold step to revive the technical vocational education in the state in order to produce school leavers that would possess the requisite skills to fit into the manpower...

    • Posted September 18, 2015
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  • Nigeria’s Taylor resumes as Secretary General of CTO

    Following the appointment of Mr. Shola Taylor, a Nigerian, as the next Secretary General/Chief Executive of the 54-member nation Commonwealth Telecommunications Organisation (CTO), some months ago, the Nigerian-born technocrat resumed work this Thursday. Taylor’s appointment was announced...

    • Posted September 18, 2015
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  • FGN Bonds remain safe, liquid – DMO

    The Federal Government of Nigeria Bonds remains safe and liquid despite the planned phasing out of the debt instrument by JPMorgan, the Debt Management Office has said. At a press conference in Abuja on Wednesday, the Director-General,...

    • Posted September 18, 2015
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  • Chevron, contractors’ row deepens as NUPENG protests

    The row between Chevron Nigeria Limited and some employees of companies contracted by the oil major deepened on Wednesday as members of the Nigerian Union of Petroleum and Natural Gas Workers stormed its offices in Lagos, Port...

    • Posted September 18, 2015
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