All posts tagged "headline"

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  70% of air crashes in Nigeria caused by regulatory inefficiency – AON

  Airline Operators of Nigeria (AON) thursday said about 70 per cent of the air accidents that happened in Nigeria were caused by regulatory inefficiency and negligence by government agencies in the industry. This was disclosed by the...

  • Posted July 4, 2015
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  House of the Week: A beautiful 5-bedroom house for sale at Omole Phase 1, Lagos

  Our featured property of the week is a 5 bedroom house for sale at Omole Phase 1, Lagos. This property has 5 bedrooms, 5 bathrooms, 1 dining area and 1 room BQ. Located in one of the...

  • Posted July 3, 2015
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  CBN extends Forex curbs to export proceeds, BDCs

  The Central Bank of Nigeria (CBN) on Wednesday stated that beyond the exclusion of funding for 41 items in the interbank forex market, the items cannot also be funded from proceeds of exports as well as the...

  • Posted July 3, 2015
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  Stakeholders want Tank Farms relocated from Apapa

  Following the last stakeholders’ meeting held at Alausa, to find lasting solutions to the traffic gridlock within Apapa and its environs, stakeholders and residents in the community have concluded that tank farms in the surroundings should be...

  • Posted July 3, 2015
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  Oil slump: Expert expects further naira devaluation soon

  The United Bank for Africa Plc says it expects a further devaluation of the naira very soon and predicts that the development may make goods imported into the country more expensive. The Executive Director, Treasury and International...

  • Posted July 3, 2015
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  Investors raise 500million Euros for Calabar Sea Port project

  A consortium, Broad Spectrum Industrial Services,  has raised 500 million Euros for the financing of the proposed Calabar Deep Seaport. Other signature projects initiated by the Cross River State Governor, Senator Ben Ayade, which attracted the interest...

  • Posted July 3, 2015
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  Dominance in telecoms is no threat to business – MTN insists

  MTN Nigeria, the largest telecommunications network in Nigeria by subscriber number, has dispelled the fears in the telecoms industry that operational dominance is a threat to business growth and survivability. Chief Executive Officer of MTN Nigeria, Mr....

  • Posted July 3, 2015
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  CBN to sell N50.4bn Treasury bills

  The Central Bank of Nigeria is planning to raise N50.4bn from the sale of new Treasury bills, data from the central bank has shown. According to the CBN, the TBs will have three-month and six-month maturities and...

  • Posted July 3, 2015
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  Joda committee recommends merger of airlines

  A 19-member committee of the All Progressives Congress has advised the Federal Government led by President Muhammadu Buhari to merge the country’s debt-laden airlines and create a national carrier in partnership with a global airline to boost...

  • Posted July 3, 2015
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  Egbin power plant now generates 1,000MW

  Nigeria’s largest power generation plant, Egbin Power Plc, is for the first time in eight years generating above 1,000 megawatts of electricity. This follows continuous investment and upgrade activities on the plant by the Sahara Power Group...

  • Posted July 3, 2015
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