All posts tagged "headline"

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  Oando records historic loss of N184bn in 2014

  Oando Plc last Friday finally released its long-awaited results for the full-year ending 2014, in which it declared a historic loss after tax of N183.9 billion compared to a profit after tax of N1.396 billion in 2013....

  • Posted October 27, 2015
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  Zenith Bank grows profit after tax by 16.9%

  Zenith Bank Plc made a profit after tax of N83.087bn in the nine months to September 30, 2015. The figure is 16.95 per cent higher than the N71bn PAT it made in the same period of 2014....

  • Posted October 27, 2015
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  Power firms adjusting electricity tariffs – NERC

  The public outcry against the plans by power distribution companies to increase electricity tariffs may have forced some of them to effect corrections to the proposals they submitted to the Nigerian Electricity Regulatory Commission. According to NERC,...

  • Posted October 27, 2015
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  FG shops for N40bn to complete Ajaokuta rail

  Eighteen years after construction work commenced on the 276-kilometre standard gauge rail line linking Warri in Delta State to Ajaokuta, Kogi State, the project has not been delivered to the Federal Government. The project, otherwise called the...

  • Posted October 27, 2015
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  Aviation industry supports 254,500 jobs, contributes N184.7bn to GDP

  The aviation industry in Nigeria currently supports 254,500 jobs and contributes $940 million (N184.7 billion) to national GDP, according to a Philips Consulting report on the aviation sector made available to THISDAY. The report said 49 per...

  • Posted October 27, 2015
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  Economic pains to continue for next 10 years – Jimoh Ibrahim

  The Group Managing Director of Energy Group, Mr. Jimoh Ibrahim, has stated that the world economy will continue to be in pains for the next 10 years and that there is hardly anything any one could do...

  • Posted October 27, 2015
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  Volume of POS transactions rises by 77%

  The volume of transactions conducted through point of sale (PoS) terminals across the country increased by 77 per cent, from 15 million in 2014, to 27 million as at June this year. The Chairman of the Nigeria...

  • Posted October 27, 2015
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  Banks’ contract staff responsible for 64% of frauds, forgeries in 2014 – NDIC

  As the Nigerian financial system continues to grapple with the rising cases of frauds and forgeries and the attendant threats to banking operations, the Nigerian Deposit Insurance Corporation (NDIC) has disclosed that 64 per cent of such...

  • Posted October 26, 2015
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  No plan to ground air operations – NCAA

  The Nigerian Civil Aviation Authority (NCAA) has said that there was no plan for the workers of the aviation agencies embark on strike and ground airline operation as was earlier indicated. Reports on Saturday indicated that the...

  • Posted October 26, 2015
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  Zero tolerance for fake products paying off – SON

  Influx of inferior and sub-standard goods into the Nigerian markets either through local manufacturing or importation will soon be over as the Standard Organisation of Nigeria (SON) has declared that it is winning the war against bootleggers...

  • Posted October 26, 2015
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