All posts tagged "headline"

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  Higher food prices push inflation to 8.2%

  The Consumer Price Index (CPI), which measures inflation, rose to 8.2 percent in January compared to eight per cent the previous month, according to the National Bureau of Statistics (NBS). The NBS attributed the 0.2 percentage rise...

  • Posted February 18, 2015
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  Crude oil prices rise for third successive week

  Crude oil prices at the weekend continued to climb for the third week in a row, with Light Brent crude, which had not settled above $60 since December 24, rising by $2.24 or 3.8 per cent to...

  • Posted February 17, 2015
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  Postponement of 2015 elections threatens passage of PIB

  The recent postponement of the 2015 general elections by the Independent National Electric Commission (INEC) is threatening the passage of the Petroleum Industry Bill (PIB) by the National Assembly, THISDAY has learnt. After weeks of allegation, and...

  • Posted February 17, 2015
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  Economic challenges, a wake-up call – Dangote

  The President, Dangote Group, Aliko Dangote, has urged Nigerians to see the current economic challenges as a wake-up call to build the nation through productive activities. The business mogul said although the economic downturn was ravaging most...

  • Posted February 17, 2015
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  NERC separates Zuma’s licence for 1200MW coal power plant into four

  For ease of construction, the Nigerian Electricity Regulatory Commission (NERC) has amended and separated into four different parts the statutory licence earlier granted to Zuma Energy Nigeria Ltd for the construction of a 1200 megawatts (MW) coal...

  • Posted February 17, 2015
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  NNPC Audit Report: Apologise to Jonathan, Alison-Madueke – Group urges Sanusi, others

  Following the submission of its audit report on the Nigeria National Petroleum Corporation (NNPC) by PriceWaterhouseCoopers, which indicated that only $1.48b was yet to be remitted to the federation account as against $49b mentioned as missing, a...

  • Posted February 17, 2015
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  Experts say naira devaluation imminent

  Although the Governor, Central Bank of Nigeria, Mr. Godwin Emefiele, has ruled out the possibility of an emergency Monetary Policy Committee meeting that will lead to a further devaluation of the naira against the dollar, economic and...

  • Posted February 17, 2015
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  Banks must creatively distribute risks – Hennah

  Mr. David Hennah is the Head of Trade and Supply Chain Finance at the United Kingdom-based Misys Limited, a global financial services software producer. He tells OYETUNJI ABIOYE about the growing challenge of risks distribution facing Nigerian...

  • Posted February 17, 2015
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  FG targets fresh N255bn investment in textile industry

  The Federal Government is targeting cumulative investments of N255bn over the next five years through the implementation of the National Cotton, Textile and Garment Policy. The figure is contained in the policy document for the sector prepared...

  • Posted February 17, 2015
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  Power: Minister, TCN board clash over Manitoba

  The Federal Government’s power sector reforms has come under pressure following a row between the Minister of Power, Prof. Chinedu Nebo, and the Board of the Transmission Company of Nigeria, led by a former Executive Director of...

  • Posted February 17, 2015
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