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All posts tagged "headline"

  • FCMB assures shareholders higher returns

    The Managing Director of  FCMB Group Plc, Mr. Peter Obaseki has said through operational efficiency and value creation,the company will  ensure increased return on investment to all shareholders in 2015 financial year and beyond. He gave this...

    • Posted April 18, 2015
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  • Nigeria is not broke – Okonjo-Iweala

    The Minister of Finance, Dr. Ngozi Okonjo-Iweala, has said the country is not broke despite the cash crunch currently being experienced. She said that with the financial assets the President Goodluck Jonathan administration had been able to...

    • Posted April 18, 2015
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  • Nigeria-Indonesia trade volume hits $2.8bn

    The Indonesian Ambassador to Nigeria, Harry Purwanto has revealed that trade volume between Nigeria and Indonesia was between $2.6 and $2.8 billion in 2014. Purwanto told the News Agency of Nigeria (NAN) in Abuja that the bulk...

    • Posted April 18, 2015
    • 0
  • World Bank projects 60% growth in food demand in Nigeria, others

    Food demand in sub-Saharan Africa, including Nigeria, is projected to grow over the next 15 years by about 60 per cent, and 30 per cent in South Asia, a report just released by the World Bank Group...

    • Posted April 18, 2015
    • 0
  • Nigeria remains in credit risks – Fitch

    A global rating agency, Fitch Ratings, says the prospect of a smooth transfer of power in Nigeria has not removed the risks to the country’s sovereign credit. Fitch, in a statement on Thursday, said the planned change...

    • Posted April 18, 2015
    • 0
  • CBN to prosecute proprietors, others demanding foreign currencies

    The Central Bank of Nigeria says it will not hesitate to prosecute persons, including school managers, who demand and accept tuition in foreign currencies. A statement by the bank’s Director Corporate Communications, Ibrahim Mu’azu, noted that the...

    • Posted April 18, 2015
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  • Subsidy debt: Marketers may halt petrol importation

    Petroleum product marketers under the aegis of Major Oil Marketers Association of Nigeria have warned of a looming scarcity of fuel following the inability of the Federal Government to pay the subsidy arrears for the importation of...

    • Posted April 18, 2015
    • 0
  • Nigeria’s oil production falls most among OPEC members

    Still smarting from the plunge in revenue, Nigeria saw the highest drop in crude oil production in March among its peers in the Organisation of Petroleum Exporting Countries, the latest monthly report from the 12-member oil cartel...

    • Posted April 18, 2015
    • 0
  • Power: NERC to Punish Abuja Disco for Fleecing ConsumersPower: NERC to punish Abuja Disco for fleecing consumers

    For allegedly abusing the statutory methodology approved for billing customers under the estimated billing system, the Nigerian Electricity Regulatory Commission (NERC) has served the Abuja Electricity Distribution Company (AEDC) with a notice of enforcement action against it....

    • Posted April 18, 2015
    • 0
  • House of the Week: A beautiful 4-bedroom house for sale at Asokoro, Abuja

    Our featured house of the week is a 4 bedroom house for sale at Asokoro, Abuja. This property has 4 bedrooms, 4 bedrooms, 2 lounges and 1 dining area. In this house, all rooms have en suite...

    • Posted April 17, 2015
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