All posts tagged "headline"

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  SME operators groan as naira devaluation bites harder

  Operators of small and medium scale enterprises (SMEs) in Abuja have said the devaluation of the naira by the Central Bank of Nigeria was affecting their businesses negatively. The operators stated this when Wuse Market Shop Operators...

  • Posted February 21, 2015
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  NCAA to introduce aircraft tracking for domestic carriers

  The Nigerian Civil Aviation Authority (NCAA) will soon make it compulsory for every airline operating in Nigeria to install in its fleet tracking equipment that will capture the movement of the aircraft and relay it to the...

  • Posted February 21, 2015
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  Subsidy on petrol hits N1.2bn in two days

  With the gradual appreciation of prices of crude oil in the international market, the subsidy on petrol that the Federal Government will pay has been rising after it slashed the price of the product by N10 per...

  • Posted February 21, 2015
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  CBN’s new Forex policy to improve market liquidity

  The closure of the bi-weekly sale of forex through the Retail Dutch Auction System (RDAS) by the Central Bank of Nigeria (CBN) will significantly boost market liquidity and also lead to a decline in the currency pressure...

  • Posted February 21, 2015
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  DMO sells N142.43bn Treasury Bills

  The yield on Nigeria’s one-year treasury bills rose at an auction where a total N142.43 billion was raised, the Debt Management Office (DMO) said on Thursday, in a bid to attract investors to the longer maturity. The...

  • Posted February 21, 2015
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  NERC issues licences for 590MW power plants

  The Nigerian Electricity Regulatory Commission has issued two on-grid licences to KVK Power Nigeria PVT Limited and Aluminium Smelter Company of Nigeria Plc to generate electricity from solar and gas respectively. According to the commission, both companies...

  • Posted February 21, 2015
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  FAAN to publish list of debtors

  The Federal Airports Authority of Nigeria has said that it will publish the list of people and organisations indebted to it across the airports in the country. The organisation said that it was being forced to take...

  • Posted February 21, 2015
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  CBN says exporters must repatriate earnings

  The Central Bank of Nigeria has said exporters who fail to repatriate their earnings into their domiciliary accounts within the stipulated period will be barred from the foreign exchange market. In a circular issued on Thursday by...

  • Posted February 21, 2015
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  Contributory pension fund hits N4.6tn

  The total Assets under the Contributory Pension Scheme rose to N4.61tn at the end of the 2014 financial year from N2.05tn in the preceding year. Report on the pension fund portfolio for the period obtained by our...

  • Posted February 21, 2015
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  Azman Air commences flight operation in Sokoto

  Azman Air Thursday commenced flight operation to Sokoto state. The airline would operate flight services six times a week from Sokoto to Kaduna, Kano, Abuja and Lagos. Speaking with journalists in Sokoto, the President of Azman Air,...

  • Posted February 21, 2015
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