All posts tagged "headline"

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  NEPC advises exporters of non-oil products

  The Nigerian Export Promotion Council has said that many non-oil product exporters in the country are losing huge amounts of their investment because they lack the basic knowledge needed to move along the trade pathway. During the...

  • Posted July 18, 2015
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  TCN records new electricity transmission peak of 4,656MW

  About 48 hours after it reported a new electricity transmission peak of 4,545 megawatts (MW), the Transmission Company of Nigeria (TCN) on Thursday said that it had recorded a new peak transmission of 4,656MW. TCN stated in...

  • Posted July 18, 2015
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  Ecobank Nigeria partners MoneyGram on Outbound Money Transfer

  Ecobank Nigeria said it has commenced MoneyGram Outbound Money Transfer Service.  The newly launched ‘MoneyGram Naija Sends’ service allows Nigerians to send money abroad through any of about 500 branches of Ecobank Nigeria, while the funds are...

  • Posted July 18, 2015
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• Lagos Light Rail to be completed in 12 months – Ambode

  Lagos State Governor, Akinwunmi Ambode, on Thursday pledged to complete the state light rail (blue line) in 12 months, noting that its completion was central to unlocking socio-economic opportunities in the state. The governor also directed that...

  • Posted July 18, 2015
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  RMB urges FG to amend tax structure

  In view of the decline in crude oil prices, which has led to significant drop in Nigeria’s revenue, an analyst at Rand Merchant Bank (RMB), has advised the federal government to restructure its tax process. Speaking at...

  • Posted July 18, 2015
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  NSE Index reverses losses, gains 0.25%

  The Nigerian Stock Exchange All-Share Index closed on a positive note on Thursday, after 11 consecutive days of losses. Specifically, the NSE ASI gained 77.48 basis points from 30,970.52 basis points to 31, 047.99 basis points. The...

  • Posted July 18, 2015
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  CBN directs BDCs to obtain customers’ BVNs

  The Central Bank of Nigeria on Thursday said that all transactions consummated by any licensed Bureau De Change operators in the country must have the Bank Verification Number of the customers. The directive, which was contained in...

  • Posted July 17, 2015
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  GE supplies 12MW of electricity to Lekki FTZ

  General Electric says it has inaugurated four of its Waukesha gas Enginators at the Lekki Free Trade Zone in Lagos, providing 12 megawatts of uninterrupted power supply to the first phase of the zone. With three Waukesha...

  • Posted July 17, 2015
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• Marketers resume petrol imports

  Members of the Depot and Petroleum Products Marketers Association have resumed importation of Premium Motor Spirit (petrol) into the country. This development was confirmed to our correspondent on Thursday by the Executive Secretary, DAPPMA, Mr. Olufemi Adewole,...

  • Posted July 17, 2015
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  We’re going bankrupt – Non-oil exporters cry out

  Operators in the agro-allied industry, a major non-oil export sector in Nigeria, say they are daily losing billions of naira in revenue. And many have thus resorted to changing business on account of this. Findings by our...

  • Posted July 17, 2015
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