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All posts tagged "featured"

  • Past pension overseers stole N4billion monthly – PRTT

    The Pension Reform Task Force Team yesterday alleged that previous pension administrators embezzled about N4bn monthly from the national coffers. The PRTT also said that about 38,000 pensioners took home their accumulated arrears. It said that another...

    • Posted January 23, 2013
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  • New subsidy regime terms for oil marketers released

    With a view to ensuring that 2013 marks a year of efficiency in terms of distribution and supply of petroleum products across the country, under the present subsidy regime by the Federal Government. The Petroleum Products Pricing...

    • Posted January 23, 2013
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  • Nigeria Stock Exchange Watch: ASI (+0.46%) Climbs Despite Barrage Of Profit Taking

    The All Share Index climbed 46 basis points in a surprising turn of events. The positive performance was unexpected due to the barrage of profit taking activity that visited the market today. The selling activity brought the...

    • Posted January 22, 2013
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  • GTBank Changes The Game With Mobile Money, Introduces Cardless ATM Withdrawals

    I’m not the biggest fan of Nigerian banks. For me they are a necessary evil, it gets old keeping money in your mattress and with the growing insecurity in the country; it’s not necessarily a good idea...

    • Posted January 22, 2013
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  • Analysts Applaud MPCs Decision On Rates

    The Monetary Policy Committee (MPC) decided to leave the Monetary Policy Rate unchanged at 12% when they met in Abuja yesterday. The decision makers are of the opinion that the $79 oil benchmark poses an inflationary threat...

    • Posted January 22, 2013
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  • Equities Expected To Fall Further As Investors Take Profits

    The All Share index which shed 0.34% in yesterday’s trading is expected to continue to slide over the course of the week due to the activities of profit takers. The ASI which gained about 10% year-to-date by...

    • Posted January 22, 2013
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  • Sanusi laments $79pb oil price benchmark may cause inflation

    The Governor of Central Bank of Nigeria (CBN), Sanusi Lamido Sanusi has warned that the economy will be at risk of inflation if the FG upholds the $79 per barrel, oil price benchmark infused in the 2013...

    • Posted January 22, 2013
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  • Google poised to improve online presence for small businesses in Nigeria

    Knowing how vital small businesses are to the growth and development of an economy, Google Inc the biggest global search engine Company has restated its commitment to aiding small medium enterprises even as it is worried about...

    • Posted January 22, 2013
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  • Nigeria set for 45 Crude Cargo Export from March

    With a view to boosting and enhancing the export of its major Foreign Revenue earner ‘Crude Oil’, Nigeria is poised to step up the level of output by hitting the mark of 45 crude cargoes from the...

    • Posted January 22, 2013
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  • Nigerian Stock Exchange Watch: ASI (-0.27%) As Profit Takers Swarm

    The Nigerian Stock Exchange tumbled in the day’s trading as the All Share Index dropped 27 basis points. The banking sub-sector saw predominantly bearish activity as more top tiers declined. GTBank (-1.45%), Zenith Bank (-1.79%), and UBA...

    • Posted January 21, 2013
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