All posts tagged "headline"
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NGF in strategy talks with MDAs, donor agencies on reforms
Ahead of the meeting the National Economic Council on Friday, the Nigeria Governors’ Forum (NGF) has met with strategic government agencies and development partners on ways to advance the proposed reforms and supports to states of the...
- Posted October 15, 2015
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Petrol queues resurface as marketers cut imports
Following a reduction in the importation of Premium Motor Spirit (otherwise called petrol) into the country, long queues have started resurfacing at filling stations in Lagos, Ogun, Oyo and other states of the federation as well as...
- Posted October 14, 2015
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CBN adjusts Forex peg to N196.98/$1
The Central Bank of Nigeria (CBN) strengthened its exchange rate peg slightly to N196.98 against the dollar on the interbank market on Monday, from N197 to a dollar it set last week, traders said. According to Reuters,...
- Posted October 14, 2015
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NNPC to explore alternative funding to offset subsidy debts to oil marketers
The Nigerian National Petroleum Corporation (NNPC) monday said it would explore new financing mechanisms to offset outstanding debts on subsidy claims which the federal government owes petroleum marketers in the country. The corporation also stated that it...
- Posted October 14, 2015
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GTBank partners AFD on N3bn SMEs’ financing scheme
Guaranty Trust Bank Plc (GTBank) said it has gone into partnership with Agence Française de Développement (AFD) to launch a N3 billion Ariz Portfolio Guarantee Scheme, an initiative designed to boost financing for business start-ups and development...
- Posted October 14, 2015
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Nigeria may curtail Ghana natural gas supply over debts
Nigeria may curb the supply of natural gas to Ghana because the country hasn’t paid more than a year of bills for the fuel, the West African Gas Pipeline Corporation said. Ghana stopped paying for the fuel...
- Posted October 14, 2015
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Nigeria loses N200billion to fraudulent auctioning of seized cargoes
The Nigerian Association of Auctioneers (NAA) has said Nigeria lost about N200 billion in four years to fraudulent disposal of seized goods by the Nigeria Customs Service (NCS). In a statement by the NAA General Secretary, Isibor...
- Posted October 14, 2015
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Access Bank upgrades system, gets ISO certifications
As part of effort to strengthen its operations and also entrench operational excellence, Access Bank Plc has upgraded its system with additional securities measures. The bank has also been conferred with the ISO 27001:2013; ISO 22301 and...
- Posted October 13, 2015
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Stakeholders decry problems in maritime sector
Stakeholders in the maritime industry have drawn the attention of the federal government to the various ills plaguing the maritime sector of the economy, saying these problems have affected the maximisation of the huge potential in the...
- Posted October 13, 2015
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World Bank plans partnership with States to shore up IGR
The World Bank has said it is currently exploring avenues for collaborative engagements with the state governments in the area of improving their internally generated revenue (IGR) in order to augment receipts from the Federation Account. The...
- Posted October 13, 2015