All posts tagged "featured"

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  FG needs $7bn to kick-start mines, steel industry

  The Federal Government is seeking investments worth $7bn in mining and steel over the next decade as it targets the development of gold and iron ore extraction industries to diversify the nation’s oil-dependent economy. One of the...

  • Posted August 18, 2016
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  BDCs: CBN increases dollar sale to $50,000

  The Central Bank of Nigeria has approved an increase in the maximum amount that could be sold to the Bureau De Change operators from $30,000 to $50,000 per week. The decision was taken at the Bankers’ Committee...

  • Posted August 18, 2016
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  Customs shut SAHCOL, NAHCO warehouses at Lagos airport

  The Nigeria Customs Service has sealed off the warehouses of the Nigerian Aviation Handling Company Plc and the Skyway Aviation Handling Company Limited at the Lagos airport over stolen donkey skins from Kenya. As of the time...

  • Posted August 18, 2016
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  Again, Buhari orders NNPC to search for oil in North

  For the second time in three weeks, the Nigerian National Petroleum Corporation has received an express order from President Muhammadu Buhari to explore for oil in the North. This time, the President directed the national oil firm...

  • Posted August 18, 2016
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  NSE All-Index rises 0.26% as highly capitalised stocks lift market

  Trading at the Nigerian equities market resumed on a bullish note yesterday as gains by few bellwether stocks lifted the market by 0.26 per cent. Although the market recorded more price losers than gainers, appreciation in the...

  • Posted August 17, 2016
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  Buhari to declare meeting of African Central Bank Governors open

  President Muhammadu Buhari is scheduled to formally declare open the 39th ordinary meeting of the Association of African Central Banks (AACB), to be hosted by the Central Bank of Nigeria (CBN), this Thursday. With the theme: “Unwinding...

  • Posted August 17, 2016
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  Shareholders laud CBN over banking industry stability

  Shareholders and public affairs analysts have commended the Central Bank of Nigeria for ensuring the stability and safety of Nigerian banks through proactive measures. The President, Renaisssance Shareholders’ Association, Ambassador Olufemi Timothy, who spoke on the stabilising...

  • Posted August 17, 2016
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  Flexible exchange rate will increase foreign investment – FG

  The Federal Government has said that the deregulation in the petroleum sector and the flexible exchange rate will lead to an increase in Foreign Direct Investment. Vice-President Yemi Osinbajo stated this while answering reporters’ questions after participating...

  • Posted August 17, 2016
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  Oil rises to $48 ahead of OPEC meeting

  Global oil benchmark, Brent crude, rose on Monday to its highest level in a month on rising speculation that major producers may work out ways to support prices in an oversupplied market. Brent, against which half of...

  • Posted August 17, 2016
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  NCC rates telecoms firms in data subscription

  The Nigerian Communications Commission has released details of how the four major operators fared in the data market in the month of June. From the figures published on the commission’s website, Globacom finished top of the table...

  • Posted August 17, 2016
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