All posts tagged "featured"
-
SGBN Set To Resume Operations
The Nigerian banking industry is set to witness the re-entrance of Societe Generale Bank, a company whose license was revoked in in 2006 but restored by court judgement in 2009. SGBN will return as Heritage Bank of...
- Posted January 21, 2013
-
Importers, clearing agents call on FG to review tariffs
Importers and clearing agents have called on the Federal Government to review port tariff and find ways to make the ports more attractive to businesses. They said it was high time the FG reviewed the tariff to...
- Posted January 21, 2013
-
Anenih will explain to us how over N20bn remains largely unaccounted for – Olamilekan
The house committee on Public Accounts has said that the former Peoples Democratic Party Board of Trustees Chairman, Chief Tony Anenih must account for the N20bn road contracts awarded during his term as the Minister of Works....
- Posted January 21, 2013
-
PPMC confirms arrest of 67 pipeline vandals
After several disruptions of petroleum products supply in Nigeria, the Pipeline Products and Marketing Company (PPMC), has announced that about 67 suspects believed to be Vandals who have been damaging pipelines, have been arrested. They have also...
- Posted January 21, 2013
-
Interest Rates: Out Of Control Government Spending Stays CBN’s Hand
Plans by the Federal Government to accelerate spending in 2013 will make it difficult for the Central Bank of Nigeria to reduce interest rates. The inflationary effects of an expansive government spending regime will be too volatile...
- Posted January 21, 2013
-
Equity Market ‘Too Big To Be Ignored By Foreigners’ – Onyeama
The Nigerian Stock Exchange recorded inflows of over $4.5 billion inflow from foreign investors in the first eleven months of 2012. So far this year, the market’s capitalization has appreciated by over N700 billion. Analysts and observers...
- Posted January 21, 2013
-
Dangote Cement, Oando And Transcorp Join Market Maker Stocks
The Nigerian Stock Exchange has added the stocks of Dangote Cement, Oando Plc and Transcorp unto the list of market making stocks in the country. The addition of the three companies brings the total tally of market...
- Posted January 19, 2013
-
NRC resumes cargo train operations after 10 years
After its long absence in the market for about 10 years, The Nigerian Railway Corporation (NRC) has begun cargo operations with transportation of goods from Ogun to Niger State. A cargo train yesterday travelled to Minna with...
- Posted January 19, 2013
-
Stanbic Pension Crosses Millionth Customer Mark
The management of Stanbic IBTC Pensions, a subsidiary of Stanbic IBTC Holdings is celebrating its one millionth customer under its Retirement Savings Account package. Speaking on the development, the CEO of the company, Mr Demola Sogunle said...
- Posted January 19, 2013
-
Meat processing industries on the verge of collapse, Govt. advised to deal with power outages
The effect of power outages has continued to tell negatively on the nation’s economy. It has been revealed that the processing industries are the most affected. It is said that the industries are at the verge of...
- Posted January 19, 2013