All posts tagged "headline"

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  FRC crisis deepens as board members accuse executive secretary of distorting salary structure

  The last may not have been heard of disaffection among the board members of the Financial Reporting Council of Nigeria (FRC) as some of its members are accusing Jim Obazee, the executive secretary, of distorting the nominal...

  • Posted May 14, 2015
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  Govt should focus more on tax –NBS

  The Statistician-General of the Federation and Chief Executive Officer, National Bureau of Statistics, Dr. Yemi Kale, says the only sustainable source of revenue for any government that wants to develop is tax. Amid the declining oil revenue,...

  • Posted May 13, 2015
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  States risk insolvency as FAAC revenue drought worsens

  Things may be falling apart for Nigeria’s state governments as the revenue from the centre can no longer hold. This summarises the current financial status of many of the 36 federating units in Africa’s largest economy, due...

  • Posted May 13, 2015
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  Transcorp eyes coal to power business

  Transnational Corporation of Nigeria Plc (Transcorp) says it has entered into talks with some Canadian and Australian firms to begin investments in coal to power business and is hopeful to make progress on this project in coming...

  • Posted May 13, 2015
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  Gwarzo tasks FG on listing of MTN, Multi-Choice, others

  The apex regulator of the Nigerian capital market, the Securities and Exchange Commission (SEC), has said government has a crucial role to play in ensuring that foreign companies with investments in Nigeria are listed on the floor...

  • Posted May 13, 2015
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  Coronation Capital report showcases changed structure of Nigerian economy

  Nigeria’s economy has undergone remarkable evolution in the last 14 years as series of reforms were undertaken since 1999 which unlocked the dynamism that underpins Africa’s largest economy today. Data from a new research report titled, ‘The...

  • Posted May 13, 2015
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  Poor service looms as vandalism slows telcos’ N800bn expansion push

  Nigeria may witness a fresh wave of poor quality service in the delivery of telecommunications services in coming months due to incessant vandalism of equipment and installation owned by mobile operators, an informed industry source has said....

  • Posted May 13, 2015
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  Faulty scanners raise goods’ clearance costs at ports

  In the past one month, there have been minimal clearing of containers at the Lagos ports. This has been attributed to the faulty scanners used for the examination of containers at the Apapa and Tin Can ports....

  • Posted May 11, 2015
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  CBN to relax naira trading rules

  The Central Bank of Nigeria has started talks with banks and currency dealers on how to loosen foreign-exchange trading restrictions while still maintaining stability in the naira, people familiar with the discussions have said. It was leant...

  • Posted May 11, 2015
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  CitiBank promises more support for aviation sector

  Citibank Nigeria Limited says it will increase its support for the aviation sector in order to speed up the growth of the industry. The United States-based lender said this was why it recently sponsored an aviation forum...

  • Posted May 11, 2015
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