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All posts tagged "headline"

  • Comptroller-General-Nigeria-Customs-Service-Hameed-Alli
    Customs generates N239.4bn in first quarter

    The Nigerian Custom Service generated a total sum of N239.4bn in the first three months of this year, figures obtained from the Federal Ministry of Finance have revealed. The amount is contained in a document obtained by...

    • Posted June 27, 2017
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  • Ogbeh_161729608
    Nigeria to surpass Ghana in annual yam export – Minister

    The Federal Government says it is strategising to surpass Ghana in the export of yam to Europe and other continents. Chief Audu Ogbeh, the Minister of Agriculture and Rural Development, said this when he received the Technical...

    • Posted June 27, 2017
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  • 160316N Nigerian-stock-market NSE
    Investors dump banking stock as equity loses N311bn

    Investors in the equity market of the Nigerian Stock Exchange (NSE) rushed to dump shares of the banking sector following the deadlock discussions with Etisalat Nigeria to restructure over $1.2 billion (N541 billion) loan, leading the market...

    • Posted June 23, 2017
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  • Oil Barrels with Red Arrow isolated on white background. 3D render
    Oil price hits 7-month low at $45.5

    A renewed slump in oil prices to seven-month lows dragged down world stocks and long-term bond yields on Wednesday, as bets that global inflation and interest rates will stay lower for even longer began to build again....

    • Posted June 23, 2017
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  • CBN
    SEC commends DMO, CBN, PENCOM on N100bn Sukuk offering

    The Securities and Exchange Commission (SEC) has commended the Debt Management Office (DMO) on arrangements to issue the maiden N100.0 billion Sukuk in the Nigerian Capital Market. In a statement by SEC said the offer is, “a...

    • Posted June 23, 2017
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  • BPE logo
    NCX: BPE gives Lead Capital 60-day deadline

    The Bureau of Public Enterprises (BPE) has given Lead Capital Consortium a 60-day deadline to conclude the strategic equity investment by the National Sovereign Investment Authority (NSIA) into the Nigeria Commodity Exchange (NCX). The Director-General, Mr. Alex...

    • Posted June 23, 2017
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  • Aliko-Dangote-1005
    Nigeria loses N140bn weekly to Apapa gridlock – Dangote

    The President, Dangote Group, Aliko Dangote, has lauded the decision of the Federal Government to reconstruct the failed Apapa Wharf Road as its grim state serves as both an embarrassment to the country and a huge loss...

    • Posted June 22, 2017
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  • Shell logo
    Shell studying Nigeria strategy, not quitting – MD

    Nigeria’s oldest energy company, Shell, has said it is reviewing its Nigeria strategy but that it does not involve quitting the country. The Country Chair of Shell Companies in Nigeria, Osagie Okunbor, said in a video post...

    • Posted June 22, 2017
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  • 290714F.Power-Transmission
    Power: FG to release fresh N701bn lifeline

    The Federal Government said yesterday that it would soon release a fresh N701bn intervention fund to the Nigeria Bulk Electricity Trading (NBET) Plc in order to enhance the power sector value chain. Acting President Yemi Osinbajo said...

    • Posted June 22, 2017
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  • NERC_160905022
    IBEDC urges NERC to deregulate meter ownership

    The management of Ibadan Electricity Distribution Company (IBEDC), on Tuesday urged the Nigerian Electricity Regulatory Commission (NERC) to deregulate the ownership of electricity meters in the country. Ms Angela Olanrewaju, Head, Corporate Communications Unit of the company,...

    • Posted June 21, 2017
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