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All posts tagged "headline"

  • Transcorp assures stakeholders on oil block

    The Chief Executive Officer of Transnational Corporation of Nigeria(Transcorp), Mr. Emmanuel Nnorom, has said  the withdrawal of SacOil Holdings Limited from participating in OPL 281 will not affect the funding and production prospect of the oil block....

    • Posted April 9, 2015
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  • Moghalu urges Buhari to reduce unemployment

    A former Deputy Governor of the Central Bank of Nigeria (CBN), Dr. Kingsley Moghalu has advised the president-elect, General Muhammadu Buhari to ensure that his administration focuses on policies that would create jobs in order to bring...

    • Posted April 9, 2015
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  • FG moves MDAs’ capital accounts to CBN

    The Federal Government said it had successfully moved all the capital accounts of its Ministries, Departments and Agencies to the Central Bank of Nigeria. The Minister of Finance, Dr. Ngozi Okonjo-Iweala, who confirmed the development in a...

    • Posted April 9, 2015
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  • DMO to issue N70billion bond

    The Debt Management Office (DMO) said it plans to raise N70 billion in sovereign bonds with maturities ranging between five and 20 years on April 15. The debt office said in a notice on Tuesday that it...

    • Posted April 9, 2015
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  • Survey shows expansion in manufacturing sector

    Nigeria’s Purchasing Managers’ Index (PMI) has shown that activities in the manufacturing sector recorded an increase in February 2015, compared with January 2015. The PMI survey for February 2015 conducted by the Central Bank of Nigeria (CBN),...

    • Posted April 9, 2015
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  • Indigenous oil firms flare 80% of gas produced

    Nigerian independent oil and gas firms and marginal field operators burnt most of the natural gas produced on their fields in the fourth quarter of last year, data from the Nigerian National Petroleum Corporation has shown. Although...

    • Posted April 9, 2015
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  • Use dollars for local transactions, go to jail – CBN

    The Central Bank of Nigeria on Tuesday raised concerns over the increasing use of foreign currencies as a medium of exchange in the country and warned that persons caught in the illegal act risked a six-month jail...

    • Posted April 9, 2015
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  • Dangote commences cement production in Cameroon

    The management of Dangote Cement Plc has said that its planned consolidation of the African expansion drive remains on course with the commencement of production of its $150m Cameroon plant in Douala. The company said in a...

    • Posted April 9, 2015
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  • LCCI urges Buhari to focus on agriculture

    The Agric Group of the Lagos Chamber of Commerce and Industry has highlighted the need for the incoming government to focus on the review and implementation of existing agricultural policies in order to boost local food production...

    • Posted April 9, 2015
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  • Kaduna Disco now Kaduna Electric

    The MANAGEMENT of the Kaduna Electricity Distribution Company has adopted a new corporate name and logo for the company. The company will henceforth be known as Kaduna Electric and has adopted an improved redesigned lower case letter...

    • Posted April 9, 2015
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