All posts tagged "featured"
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How FG can boost export – Customs agents
The National Council of Managing Directors of Licensed Customs Agents (NCMDLCA) has identified lengthy and cumbersome documentation process on export, multiplicity of regulatory/security agencies, high and duplicated terminal/ shipping company charges and process and lack of export...
- Posted September 3, 2016
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FAAN boosts revenue through concessions
Despite the recent decision of the federal government to concession airport facilities, the Federal Airports Authority of Nigeria (FAAN) has since adopted the system of partnering the private sector, a strategy that has gained traction about four...
- Posted September 3, 2016
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Buhari, Emefiele to speak at banking conference
President Muhammadu Buhari and Governor, Central Bank of Nigeria, Mr. Godwin Emefiele, are scheduled to speak on the economy at the forthcoming Chartered Institute of Bankers of Nigeria’s annual Banking and Finance conference. According to a statement...
- Posted September 2, 2016
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NSE market indicators improve 2.97 per cent
Equity transactions on the Nigerian Stock Exchange closed on positive note for the third consecutive day on Thursday with the market indicators improving by 2.97 percent. Some analysts attributed the improvement to interim dividends declared by some...
- Posted September 2, 2016
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WorldRemit commends CBN for licencing Money Transfers Operarors
WorldRemit, one of the international money transfer operators (IMTOs) that was registered by the Central Bank of Nigeria (CBN) on Tuesday has commended the banking sector regulator in Nigeria. The CBN licenced WorldRemit and ten other international...
- Posted September 2, 2016
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AfDB chief warns Nigeria, others on foreign debt
The President, African Development Bank, Mr. Akinwumi Adesina, says huge capital is available in Africa. Adesina, therefore, urged the continent’s governments to boost tax revenue and steer clear of international borrowing as the region grappled with its...
- Posted September 2, 2016
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Nigeria’s unemployment rate rises to 13.3% – NBS
The National Bureau of Statistics on Wednesday said the country’s unemployment rate has risen from 12.1 per cent in the first quarter of this year to 13.3 per cent as at the end of the second quarter....
- Posted September 2, 2016
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Online fraudsters hit capital market – SEC warns
The Securities and Exchange Commission has raised the alarm over the activities of some online fraudsters, who are currently running an online investment scheme tagged ‘MMM Federal Republic of Nigeria’. The fraudsters, according to SEC, carry out...
- Posted September 2, 2016
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Credit to private sector rises to N21.425tn in Second Quarter
At N21.425trillion, banking system’s credit to the private sector grew by 13.5 per cent in the second quarter of 2016, compared the previous quarter. The Central Bank of Nigeria (CBN) disclosed this in its second quarter 2016...
- Posted September 1, 2016
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NSE Index rises 0.46% as market rebounds on bargain hunting
The Nigerian equities market rebounded yesterday after opening on a bearish note on Monday. The market, which went down by 0.30 per cent on Monday, appreciated by 0.46 per cent yesterday on bargain hunting in bellwether stocks....
- Posted September 1, 2016