All posts tagged "headline"
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CBN, banks set August 1 to publish serial debtors’ list
The Central Bank of Nigeria (CBN) and Deposit Money Banks (DMBs) in the country on Thursday resolved to publish the identities of all serial debtors to the financial industry by August 1, 2015. It is estimated that...
- Posted June 13, 2015
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Inflation rises to 9% – NBS
The National Bureau of Statistics on Thursday released the Consumer Price Index for the month of May, stating that inflation in the country rose by 0.3 percentage points from 8.7 per cent recorded in April to nine...
- Posted June 13, 2015
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FG to unveil fresh standards, guidelines for ICT operators July
The Director General of the National Information Technology Development Agency (NITDA), Mr. Peter Jack, on Thursday stated that arrangement had been concluded to unveil 29 new standards, guidelines and regulations for all Information Communications and Technology (ICT)...
- Posted June 13, 2015
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Total Nigeria’s N3.78bn dividend excites shareholders
Excited shareholders of Total Nigeria Plc have commended the board and management of the petroleum products marketing firm for the N3.779 billion dividend paid for the 2014 financial year. The shareholders also other strategic initiatives being undertaken...
- Posted June 13, 2015
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Multinationals take over non-oil exports from local operators
The non-oil export sector, once dominated by indigenous operators during the oil boom, has become attractive to big multinational companies as more and more of them have gone into the sector. The result is that most indigenous...
- Posted June 13, 2015
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UBA gets reward for social infrastructure investment
United Bank for Africa Plc has won the Africa Investor Social Infrastructure Deal of the Year award in recognition of its investment in infrastructure development. The Ai Infrastructure Investment Awards recognises achievements across the main infrastructure sectors...
- Posted June 13, 2015
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Ex-CBN Governor, Sanusi joins Blackstone
The Emir of Kano and former Governor of the Central Bank of Nigeria, Mr. Lamido Sanusi, has been appointed as the Chairman of the Board of Directors of Blackstone’s portfolio company, Black Rhino. Blackstone, a global investment...
- Posted June 13, 2015
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Bank stocks help NSE index end three-day slide
The equities segment of the Nigerian Stock Exchange closed higher on Thursday after 16 stocks recorded price appreciation, eight of which were bank shares. Although 24 other stocks recorded price depreciation, Thursday’s gains were enough to lift...
- Posted June 13, 2015
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PH Refinery to supply 5 million litres of fuel per day from July
The Nigerian National Petroleum Corporation (NNPC) yesterday announced that the Port Harcourt refinery, which will resume production from early July, would seek to bridge the country’s daily domestic fuel supply and consumption by producing five million litres...
- Posted June 13, 2015
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BoI, Taraba seal N700m MSMEs financing pact
The Bank of Industry and the Taraba State Government on Wednesday signed a Memorandum of Understanding for the establishment of a N700m Micro, Small and Medium-scale Enterprises Development Fund. The pact, which was sealed in Abuja, saw...
- Posted June 12, 2015