All posts tagged "headline"

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  LCCI faults CPC’s product registration moves

  The Lagos Chamber of Commerce and Industry has opposed steps taken by the Consumer Protection Council to register products of manufacturing firms. The disapproval was contained in a speech delivered by the President of LCCI, Mr. Remi...

  • Posted April 25, 2015
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  BOI boosts businesses in South West with N18bn facility

  As part of its commitment to boost small and medium scale businesses in Nigeria and position the country for economic boom in the comity of other nations, the Bank of Industry (BOI) said it had provided loans...

  • Posted April 25, 2015
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  FG expends N373bn on PHCN severance benefits

  The National Council on Privatisation (NCP) has affirmed that a total sum of N373.17 billion has been paid to staff of the defunct Power Holding Company of Nigeria (PHCN) as entitlements. While commending the progress achieved by...

  • Posted April 24, 2015
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  SEC to reduce transaction time

  The Securities and Exchange Commission on Wednesday said the Capital Market Committee was working to reduce the settlement cycle for transactions in the capital market and on other initiatives that would speed up the development of the...

  • Posted April 24, 2015
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  Buhari to publish PwC Forensic Audit on NNPC

  President-elect Muhammadu Buhari’s administration will publish the full audit of the Nigerian National Petroleum Corporation (NNPC) and expects the state-run oil firm to repay the government more than previously recommended, former Ekiti State Governor, Dr. Kayode Fayemi,...

  • Posted April 24, 2015
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  Nigeria’s Code of Corporate Governance ready

  The steering committee constituted by the federal government to develop a National Code of Corporate Governance (NCCG) for the country has finalised work on the draft document. To this end, the NCCG was on April 15th exposed...

  • Posted April 24, 2015
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  IFC, MasterCard expand electronic payment agreement

  The International Finance Corporation, an arm of the World Bank Group, has signed an agreement with MasterCard Incorporated to establish a risk-sharing facility, which is expected to provide millions of people in emerging markets access to electronic...

  • Posted April 24, 2015
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  Delayed subsidy payment increases marketers’ debt

  Constant delay in subsidy reimbursement by the Federal Government has led to increase in oil marketers’ debt exposure, driving their finance charges higher, industry analysts have said. According to analysts at Ecobank Capital, the sustained delay in...

  • Posted April 24, 2015
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  NLNG sets aside N199bn for local vendors

  The Nigeria Liquefied Natural Gas Limited has set aside $1bn (N199bn) under the NLNG Local Vendors’ Financing scheme for its registered vendors in the country. This, the firm said, would help facilitate access to funds from participating...

  • Posted April 24, 2015
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  Reduce charges on bank deposits – LCCI urges CBN

  The Lagos Chamber of Commerce and Industry has called on the Central Bank of Nigeria to reduce charges on bank deposits, especially the 0.5 per cent fee payable to the Nigeria Deposit Insurance Corporation and another 0.5...

  • Posted April 24, 2015
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