All posts tagged "featured"

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  SMEDAN, NICON sign MoU on insurance cover for SMEs

  The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), has signed a memorandum of understanding (MoU) with NICON Insurance Limited. SMEDAN and NICON, in the agreement, determined to reinforce the agenda of diversification of the economy...

  • Posted October 6, 2016
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  IMF downgrades Nigeria growth forecast for 2017

  The International Monetary Fund has cut its 2017 economic growth forecast for Nigeria. The Washington-based lender said in its World Economic Outlook Report on Tuesday that Nigeria’s economy would contract by 1.7 per cent this year and...

  • Posted October 6, 2016
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  NCAA summons Emirates over dollar for tickets

  The Nigerian Civil Aviation Authority has summoned officials of Emirates Airlines to a meeting on Wednesday (today), as it continues its investigations into allegations that the airline recently asked its passengers travelling out of Nigeria to pay...

  • Posted October 6, 2016
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  FG plans N6.8tn budget for 2017

  The Federal Government plans to spend an estimated N6.812tn as its budget for 2017. The figure is about 13.3 per cent or N806bn above the N6.06tn budgeted for 2016. These details were contained in the 2017-2019 Medium-Term...

  • Posted October 6, 2016
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  Nigeria’s projected increase in oil output to offset OPEC’s proposed cuts

  Nigeria’s projected increase in oil production will potentially offset the production cuts proposed by the Organisation of Petroleum Exporting Countries (OPEC) to reduce the level of inventory in the oil market for the recovery of oil prices,...

  • Posted October 5, 2016
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  Petrol price stable as kerosene scarcity hits marketers

  Despite the alarm of looming scarcity of petrol raised by some major and independent markets, the price of petrol at the various depots in Lagos has remained relatively stable, THISDAY’s investigation has revealed. This is coming as...

  • Posted October 5, 2016
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  General Electric to invest N46bn in Nigeria

  A United States’ industrial firm, General Electric, on Monday announced its plans to invest about $150m (N45.8bn) in Nigeria by 2017. “There are development projects where we are investing,” the Chief Executive Officer, General Electric in Africa,...

  • Posted October 5, 2016
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  NIPOST set to explore opportunities in e-commerce

  The Nigerian Postal Service will explore opportunities created by the evolving electronic commerce architecture to increase its revenue profile, the Postmaster General of the Federation, Mr. Bisi Adegbuyi, has said. Adegbuyi said this during the celebration of...

  • Posted October 5, 2016
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  Loans: World Bank demands more reforms from Nigeria

  Plans by the Federal Government to borrow billions of dollars from the World Bank to plug its budget deficit have run into delays as the international lender is demanding for further reforms from the government as a...

  • Posted October 5, 2016
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  Analysts predict stable financial markets this week

  Analysts in the country’s capital market foresee a stable equities and fixed income markets this week given last week’s market activities. The Nigerian Stock Exchange All-Share Index would have closed lower last week but for the surge...

  • Posted October 5, 2016
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