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All posts tagged "headline"

  • Naira-notes
    Naira ends week on strong note, closes at N385 to a dollar

    Efforts by the Central Bank of Nigeria to salvage the naira yielded positive results as the nation’s currency closed at N385 to a dollar on Friday. During the week, the CBN injected a total of $380 million...

    • Posted April 22, 2017
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  • CBN Logo
    CBN suspends nationwide cashless policy, creates FX window for investors, exporters

    “Inflows from abroad are an important source of income for millions of families in developing countries. As such, a weakening of remittance flows can have a serious impact on the ability of families to get health care,...

    • Posted April 22, 2017
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  • Akinwunmi-Ambode2
    Ambode denies hand in market demolition in Ojodu

    Lagos State Governor, Mr. Akinwunimi Ambode on Friday said his government is not involved in the demolition of Ojodu market in the state. Hundreds of shops were demolished on Wednesday at the popular market located within Ojodu...

    • Posted April 22, 2017
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  • NLNG
    NLNG Act: Nigeria may lose $3bn

    Nigeria may lose investments up to $3billion annually in the upstream sector if the National Assembly amends Nigeria Liquefied Natural Gas Act. The development would also endanger the NLNG expansion projects. The Managing Director of the organization,...

    • Posted April 22, 2017
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  • Nnamdi-Azikiwe-International-Airport-Abuja
    Domestic carriers’ staff strength drops by 50%

    The staff strength of domestic carriers shrunk from 5,000 to less than 2,500 due to failure of airlines, Daily Trust has gathered. Aero Contractors, the oldest airline in the country, recently sacked 60 per cent of its...

    • Posted April 20, 2017
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  • Kemi Adeosun (1)
    Adeosun calls for global support to tackle illicit financial flows

    The Minister of Finance, Mrs. Kemi Adeosun, has called for greater collaboration to combat illicit financial flows from Africa in order to deliver sustainable economic growth in the region. Addressing the Global Parliamentary Conference which had in...

    • Posted April 20, 2017
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  • crude-oil
    Oil prices fall to 11-day low on US Shale output surge

    Crude oil prices fell on Tuesday, hitting their lowest in 11 days as a United States Government report said shale oil output in May was expected to post the biggest monthly increase in more than two years....

    • Posted April 20, 2017
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  • nigeria-stock-exchange-floor_nse
    Equities dip by N105bn after Easter break

    Trading on the floor of the Nigerian Stock Exchange (NSE)  closed  yesterday on a negative note, as NSE Market capitalisation dipped by N105 billion to close at N8,721 trillion. The All Share index (ASI) depreciated by -1.18%...

    • Posted April 20, 2017
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  • NUPENG-Logo-4
    Create agency to protect pipelines – NUPENG urges FG

    he Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has  appealed to the Federal Government  to create Pipeline Protection Agency (PPA) that would  be saddled with the protection of pipelines in the country. President of the...

    • Posted April 19, 2017
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  • 290714F.Power-Transmission
    Power debt: DisCos reject FG’s plan to access accounts

    Electricity distribution firms have faulted alleged plans by the Federal Government to escrow and centralise their revenue accounts over the poor market performance on their monthly remittances. The Association of Nigerian Electricity Distributors (ANED) yesterday said such...

    • Posted April 19, 2017
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