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All posts tagged "featured"

  • Inflation rises to 9.3% – NBS

    The nation’s Consumer Price Index which measures inflation rose again in August to 9.3 per cent, an increase of 0.1 per cent over the July figure, and staying above the Central Bank of Nigeria’s target upper limit,...

    • Posted September 15, 2015
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  • Bad fuel: NCAA begins registration of oil marketers

    The Nigerian Civil Aviation Authority says it is set to commence the official registration of all aviation fuel marketers in the country. This follows the agency’s recent investigation into allegation of adulterated fuel supplied by oil marketers...

    • Posted September 15, 2015
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  • Recapitalisation: 47 market operators apply for reclassification, merger

    With 17 days left for capital market operators to comply with the new minimum capital base set by the Securities and Exchange Commission (SEC) in 2013, 47 operators have applied to either merge or reclassify their businesses,...

    • Posted September 15, 2015
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  • Refineries can’t account for N2.44bn crude — NNPC

    The nation’s refineries wasted or illegally disposed of 258,810 barrels of crude, which they received for processing in April and May this year, the Nigerian National Petroleum Corporation has disclosed. According to the petroleum information report, the...

    • Posted September 14, 2015
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  • Indians, Greeks take over Nigeria’s coastal shipping

    The coastal shipping business in Nigeria has been taken over by foreigners, especially Indians, Greeks and Lebanese. This is contrary to the tenets of the Coastal and Inland Shipping Act (Cabotage), findings by SUNDAY PUNCH have shown....

    • Posted September 14, 2015
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  • Delta lawmakers approve N5.021bn to rejig Asaba Airport

    Delta State House of Assembly has given approval for a loan facility of N5.021 billion towards the upgrading of the Asaba International Airport, which was downgraded by the Nigeria Civil Aviation Authority (NCAA) on account of alleged...

    • Posted September 13, 2015
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  • Airtel partners Sidon Media on mobile advertisement app

    Airtel Nigeria has partnered Sidon Media Limited to introduce” MyAds PAY”, a mobile advertisement Application that enables  subscribers to access products advertisement on their mobile devices  while it  also doubles as a platform where   advertisers can easily...

    • Posted September 13, 2015
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  • Nigerian airlines spend over N250bn annually on overseas aircraft maintenance

    Commercial airlines, charter operators and privately owned jets spend about N250 billion annually on aircraft maintenance and simulator training of pilots, THISDAY investigation has revealed. Airlines, according the checks, pay a minimum of $500, 000 for engine...

    • Posted September 12, 2015
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  • JP Morgan: Emefiele defends CBN policies

    The Governor, Central Bank of Nigeria, Mr. Godwin Emefiele, has dismissed concerns about foreign exchange liquidity, despite JPMorgan’s removal of the country from its influential emerging markets bonds index amid fears about the country’s economic management. The...

    • Posted September 12, 2015
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  • JP Morgan: FMDQ intervenes in bond market, stocks continue decline

    Bond yields declined on Thursday, reflecting a rise in value as markets continued to react to the plan by JP Morgan to remove Nigerian government bonds from its Government Bond Index-Emerging Markets (GBI-EM) by October ending. The...

    • Posted September 12, 2015
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