All posts tagged "headline"

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  Equity market rebounds with N52bn profit

  Trading on equity on the floor of the Nigerian Stock Exchange (NSE) closed yesterday on a positive note after two days of bearish trade, as the market capitalization added N52 billion to close at N12,100 trillion. The...

  • Posted September 28, 2017
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  Kaduna signs MoU for $2.4bn bio-fuel factory

  A firm, Bionas, has signed a memorandum of understanding (MoU) with the Kaduna State Government for the construction of a biofuel factory estimated at $2.4 billion. Group Chief Executive Officer of the firm Mrs. Zurina Amnan said...

  • Posted September 28, 2017
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  NCC reinstates commitment to strengthen telecom industry

  The Executive Vice Chairman of Nigerian Communications Commission (NCC), Prof. Umar Danbatta has reinstated the commission’s commitment to strengthen the telecommunications industry in Nigeria. Danbatta, who spoke at the 81st edition of the Telecoms Consumer Parliament (TCP)...

  • Posted September 26, 2017
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  Africa will become world’s food basket soon – Dangote

  Business mogul Aliko Dangote has said Africa will soon become the food basket of the world. In a packed room at the headquarters of global law firm Shearman and Sterling LLC high level business leaders and international...

  • Posted September 26, 2017
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  MPC member raises concern over FG’s overbearing on CBN

  A member of Monetary Policy Committee (MPC), Dr Adedoyin Salami, has raised concern over the Central Bank of Nigeria (CBN)’s rise in financing of the government, thereby, limiting private sector access to credit. Salami, in a communiqué...

  • Posted September 26, 2017
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  Fears over amendment of Pension Reform Act

  Presently, there are some bills before the National Assembly, aiming to amend some sections of the Pension Reform Act 2014. One of the bills which seek to exclude members of the Nigeria Police Force, the Nigeria Security...

  • Posted September 25, 2017
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  Inflation pushes local airfares up by 57%

  The high rate of inflation in the country is taking its toll on the aviation sector with the number of passengers declining by 456,135 between January and June this year. An analysis of a new report on...

  • Posted September 25, 2017
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  Cashew exports soar amidst 85% increase in prices

  Gains on global cashew prices have jumped by 85 per cent in the past two years and Nigeria is gradually tapping into the windfall. Prices have increased from $750 per metric tonne in 2015 to $1,800/MT in...

  • Posted September 25, 2017
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  FG considers tax credit for export expansion, infrastructure financing

  The Federal Government has hinted that it is considering tax credit as a way of driving a revised model  for export expansion as well attract investment in infrastructure. The Minister of Budget and National,  Senator Udoma Udo...

  • Posted September 22, 2017
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  DMO extends N100bn Sukuk offer by 2 days

  The offer for subscription of the Federal government N100 billion Sukuk which ended today, September 20th, has been extended by 2 more days, according to a circular from the Debt Management Office (DMO) today. DMO said apart from...

  • Posted September 22, 2017
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