Don't Miss


All posts tagged "headline"

  • FG to raise N80bn in 2020, 2024 bonds

    The Federal Government is planning to issue N80bn ($400m) worth of local currency denominated bond with maturities range between five and 10 years on October 14, the Debt Management Office has said. The DMO said on Wednesday...

    • Posted October 9, 2015
    • 0
  • We are reviewing CBN Forex restrictions – Osinbajo

    The federal government Wednesday announced that it was in the process of reviewing the recent Central Bank of Nigeria (CBN) policy which banned 41 items from sourcing foreign exchange from the interbank forex market. President Muhammadu Buhari,...

    • Posted October 9, 2015
    • 0
  • Telecom industry stakeholders call for convergence of NCC and NBC

    Stakeholders in the telecommunications industry have called for immediate convergence of the Nigerian Communications Commission (NCC) and the National Broadcasting Commission (NBC).  This was sequel to recent pronouncement by President Muhammadu Buhari that the NCC is one...

    • Posted October 9, 2015
    • 0
  • CBN, banks, telcos in talks over PoS terminals

    Ahead of the planned introduction of mobile Point of Sale terminals in Nigeria, the banking industry led by the Central Bank of Nigeria has opened talks for connectivity with mobile telecommunications operators in the country. The Director,...

    • Posted October 9, 2015
    • 0
  • GSM subscribers hit 148.7 million amid poor services

    Subscription to the GSM networks in Nigeria has hit a record high of 148,703,160, investigation has shown. Statistics obtained from the Nigerian Communications Commission in Abuja on Wednesday showed that the total number of subscription to all...

    • Posted October 9, 2015
    • 0
  • 50 French companies show interest in Nigeria

    Fifty French companies have indicated interest in the Nigerian capital market and the development of the country’s economy. In line with the interest, a delegation of representatives of the companies led by the Chairman, Mouvement des Entreprises...

    • Posted October 9, 2015
    • 0
  • Power firms may sue NERC over metering fines

    Power distribution companies have threatened to take the Nigerian Electricity Regulatory Commission to court over its planned sanction of errant Discos that failed to adhere to its directive on metering of electricity consumers. Most of the companies...

    • Posted October 9, 2015
    • 0
  • Egbin Power promises transformation, expansion programme

    The Chairman of Board of Egbin Power Plc, Mr. Kola Adesina, has restated the commitment of the board to the transformation and expansion programme on the plant to accelerate the nation’s drive towards sustainable power supply. Adesina...

    • Posted October 9, 2015
    • 0
  • Stock Market sheds N489billion in three months

    The market capitalisation of the Nigerian Stock Exchange (NSE) depreciated by a total of N489 billion in the third quarter of 2015 as it fell from N11.218 trillion as at July 1, to N10.729 trillion on September...

    • Posted October 8, 2015
    • 0
  • Ecobank scraps sale of stake in Nigerian unit after market slump

    Pan-African lender Ecobank Transnational Incorporated has scrapped a sale of part of its Nigerian business because falling market values mean it wouldn’t get a good enough price, according to Chief Executive Officer, Ade Ayeyemi. “The market is...

    • Posted October 8, 2015
    • 0