All posts tagged "headline"

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  Standard Chartered moves to cut $1.8bn in costs

  As the fall in commodity prices including crude oil continues to impact on banks’ profits globally, Standard Chartered Group says it has reviewed its organisational structure as part of efforts to deliver $1.8bn cut in costs by...

  • Posted July 23, 2015
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  FG eyes IPSAS to strengthen accounting system

  The federal government is targeting the proposed implementation of the International Public Sector Accounting Standards (IPSAS) to revamp the accounting and reporting of governments’ financial transactions. The implementation of IPSAS is expected to commence in 2016. IPSAS...

  • Posted July 23, 2015
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  Dickson to set up committee on Brass Oil and Gas Free Zone

  The Bayelsa State Governor, Hon. Seriake Dickson has stated that the State Government will set up a committee to collaborate with the management of the Oil and Gas free zone Authority of Nigeria to work out a...

  • Posted July 22, 2015
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  LCCI cautions banks against publishing debtors’ names

  The Lagos Chamber of Commerce and Industry has warned banks not to publish the names of their debtors, saying it is unprofessional and capable of undermining the spirit of enterprise in the economy Deposit Money Banks have...

  • Posted July 22, 2015
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  Oando seeks legislation to boost usage of renewable energy

  Oando Energy Resources (OER), a subsidiary of Oando Group, has called on the three tiers of government in Nigeria to develop legislative and regulatory frameworks to drive the usage of renewable energy in the country. Speaking at...

  • Posted July 22, 2015
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  Expert proffers ways to restructure NNPC, oil industry

  Following the recent proposal by Kaduna State Governor, Mallam Nasir El-Rufai that President Muhammadu Buhari should scrap and replace the Nigerian National Petroleum Corporation (NNPC) with brand new fit-for-purpose entities, an industry expert, Mr. Dan Kunle has...

  • Posted July 22, 2015
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  Chicken, turkey scarcity hits market, prices soar by 29%

  A week after the Nigeria Customs Service launched the ‘Operation Hawk Descend’, a special operation against the smuggling of frozen poultry into the country, the prices of foreign poultry have risen by 28.5 per cent, while those...

  • Posted July 22, 2015
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  Community shuts Shell’s oil field, demands power supply

  The Koroama community, host to Shell Petroleum Development Company’s Gbarain-Ubie Integrated Gas Plant in Bayelsa State, has shut down the gas field. Members of the community carried out the action to demand electricity supply from the power...

  • Posted July 22, 2015
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  CMC to examine capital market master plan implementation

  The 10-year capital market master plan, which is expected to refocus the market and help double its size, will take the centre stage at the next meeting of the Capital Market Committee, the Securities and Exchange Commission...

  • Posted July 22, 2015
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  Oil vessel ban will check impunity – Operators

  The ban of 133 oil tankers from the country’s waters by the Presidency through the Nigerian National Petroleum Corporation will check the high level of impunity that has characterised the oil and gas sector, operators have said....

  • Posted July 22, 2015
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