All posts tagged "headline"

• 
  FG to raise bonds at lower yields

  Yields on Federal Government bonds are expected to be stable at the next debt auction on September 16 after the Central Bank of Nigeria declined to sell short-dated Treasury bills to banks asking for higher returns in...

  • Posted September 15, 2015
  • 0
• 
  Beware of counterfeit phones – NCC warns

  Between 15 per cent and 20 per cent of phones in the market are counterfeit, Acting Executive Vice Chairman of the Nigerian Communications Commission, Prof. Umar Danbatta, has said. Danbatta said this at a stakeholders meeting on...

  • Posted September 15, 2015
  • 0
• 
  Recapitalisation: 47 market operators apply for reclassification, merger

  With 17 days left for capital market operators to comply with the new minimum capital base set by the Securities and Exchange Commission (SEC) in 2013, 47 operators have applied to either merge or reclassify their businesses,...

  • Posted September 15, 2015
  • 0
• 
  Refineries can’t account for N2.44bn crude — NNPC

  The nation’s refineries wasted or illegally disposed of 258,810 barrels of crude, which they received for processing in April and May this year, the Nigerian National Petroleum Corporation has disclosed. According to the petroleum information report, the...

  • Posted September 14, 2015
  • 0
• 
  Indians, Greeks take over Nigeria’s coastal shipping

  The coastal shipping business in Nigeria has been taken over by foreigners, especially Indians, Greeks and Lebanese. This is contrary to the tenets of the Coastal and Inland Shipping Act (Cabotage), findings by SUNDAY PUNCH have shown....

  • Posted September 14, 2015
  • 0
• 
  Delta lawmakers approve N5.021bn to rejig Asaba Airport

  Delta State House of Assembly has given approval for a loan facility of N5.021 billion towards the upgrading of the Asaba International Airport, which was downgraded by the Nigeria Civil Aviation Authority (NCAA) on account of alleged...

  • Posted September 13, 2015
  • 0
• 
  Airtel partners Sidon Media on mobile advertisement app

  Airtel Nigeria has partnered Sidon Media Limited to introduce” MyAds PAY”, a mobile advertisement Application that enables  subscribers to access products advertisement on their mobile devices  while it  also doubles as a platform where   advertisers can easily...

  • Posted September 13, 2015
  • 0
• 
  Nigerian airlines spend over N250bn annually on overseas aircraft maintenance

  Commercial airlines, charter operators and privately owned jets spend about N250 billion annually on aircraft maintenance and simulator training of pilots, THISDAY investigation has revealed. Airlines, according the checks, pay a minimum of $500, 000 for engine...

  • Posted September 12, 2015
  • 0
• 
  Profit taking hits banking stocks on Nigerian Bourse

  The banking sector suffered profit taking thursday making the Nigerian Stock Exchange (NSE) Banking Index to close as the sole loser. While other sectoral indices went up, the NSE Banking Index declined due to depreciation in the...

  • Posted September 12, 2015
  • 0
• 
  JP Morgan: Emefiele defends CBN policies

  The Governor, Central Bank of Nigeria, Mr. Godwin Emefiele, has dismissed concerns about foreign exchange liquidity, despite JPMorgan’s removal of the country from its influential emerging markets bonds index amid fears about the country’s economic management. The...

  • Posted September 12, 2015
  • 1