All posts tagged "headline"

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  Sterling Bank to pay N1.7bn dividend

  Sterling Bank Plc has received the approval of its shareholders to pay a dividend of N1.72bn, which translates into six kobo per share, for the 2014 financial. The bank had generated N103.7bn as gross earnings for the...

  • Posted May 1, 2015
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  Nebo wants incoming regime to prioritise renewable power sources

  Minister of Power, Prof. Chinedu Nebo has urged the in-coming administration to remain receptive to investors with interest in other sources of electricity generation in the country. Nebo stated that concentration of future investments on coal, solar,...

  • Posted April 30, 2015
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  FG inaugurates Africa’s first global Investment Office

  The Federal Government, on Tuesday, inaugurated the United Nations Industrial Development Organisation’s first global Technology and Investment Promotion Office in Nigeria.   The establishment of the Nigeria ITPO, the first to be located in sub-Saharan Africa, is...

  • Posted April 30, 2015
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  Okoya seeks enhanced Nigeria, Belgium trade

  The President, Nigerian-Belgian Chamber of Commerce, Mr. Tunde Okoya, has said that an enhanced trade relations between the two countries will be mutually benefitting to their economies. While he noted that Nigeria’s oil and maritime industries would...

  • Posted April 30, 2015
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  NIPP power stations ready to generate 2,910MW – Report

  A Status Report presented to the 31st Meeting of the Board of Directors of the Niger Delta Power Holding Company (NDPHC) held on April 17, 2015 has revealed that power stations built under the National Integrated Power...

  • Posted April 30, 2015
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  NNPC advocates quick reform to mitigate oil revenue erosion

  The Nigerian National Petroleum Corporation (NNPC) has proposed immediate reforms that would reduce Nigeria’s seeming over reliance on oil revenue to offset over 85 per cent of her national expenditure. NNPC explained that a structural reform of...

  • Posted April 30, 2015
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  UBA on path to improved profitability, management assures shareholders

  Pan-African financial services group, United Bank for Africa (UBA) Plc’s significant 36 per cent growth in the first quarter pre-tax profit is a clear indication that the bank is firmly on the path to delivering improved returns...

  • Posted April 29, 2015
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  All-share index sheds 0.5% as bear run persists

  Trading on the Nigerian bourse closed on a negative note yesterday as the bearish trend persisted. The Nigerian  Stock Exchange (NSE) All-share Index declined by 0.5 per cent to close at 34,317.72. Similarly,  market capitalisation shed N88.2...

  • Posted April 29, 2015
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  Power: NERC says consumers can question operators

  To effectively address complaints arising from electricity tariff setting, metering and billing by power firms, consumers must be organised and should challenge the operators in the sector, the Nigerian Electricity Regulatory Commission has said. It said there...

  • Posted April 29, 2015
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  FCMB records N5.8bn Q1 profit

  The First City Monument Bank (FCMB) Group Plc said it posted a profit before tax (PBT) of N5.8 billion in the first quarter ended 31 March 2015. This represents an increase by four per cent, compared with...

  • Posted April 29, 2015
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