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All posts tagged "headline"

  • Stock Market sheds 4% from January to date

    Trading activities on the floors of the Nigeria Stock Exchange (NSE) closed last Friday with the NSE All-Share Index (ASI) plunging 3.99 per cent year to date. The stock market had been posting rather unimpressive outing since...

    • Posted February 6, 2017
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  • NCAA slams N32m fine on First Nation Airways

    First Nation Airways and one of its Pilots have been fined by the Nigerian Civil Aviation Authority (NCAA) over violation of safety regulations. In a Letter of Sanction conveying the penalties, the Airline was ordered to  pay...

    • Posted February 6, 2017
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  • We won’t fix food prices — FG

    The task force set up Wednesday by the Federal Executive Council to tackle rising cost of food items has clarified that its assignment is “not about government intervening directly in the market for staple foods either though...

    • Posted February 5, 2017
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  • EU launches €44bn Economic Development Fund for African countries

    The European Union (EU) yesterday, announced that it has launched a €44 billion Africa economic development fund aimed at helping Nigeria and other African countries drive economic growth and development. The Vice President, EU, Digital Single Market,...

    • Posted February 5, 2017
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  • FG to refund money state governments invested on federal roads

    Minister of Power,Works and Housing, Mr. Babatunde Fashola says the Federal Government hopes to raise bonds to refund billions of naira used by state governments to repair federal roads. Fashola made this known in Enugu on Saturday,...

    • Posted February 5, 2017
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  • NNPC introduces additional criteria for selection of firms for crude swaps

    Oil companies bidding for 2017 oil-for-products deals, otherwise known as crude oil swaps or Direct-Sales-Direct-Purchases (DSDP), would have to meet additional criteria, the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanthi Baru has...

    • Posted February 4, 2017
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  • Why illegal refineries thrive in Nigeria – Dogara

    Speaker of the House of Representatives Yakubu Dogara has said that illegal refineries in Nigeria thrive because of certain malfeasances in the society. Speaking while declaring open an investigative hearing of the ad hoc committee on the...

    • Posted February 4, 2017
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  • FG begins certification of Lagos, Abuja airports

    The Federal Government has begun the process of certifying the Murtala Mohammed International Airport (MMIA), Lagos and Nnamdi Azikiwe International Airport (NAIA), Abuja. Many experts have been expressing concern over non-certification of any of the Nigerian airports....

    • Posted February 4, 2017
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  • We will not use Kaduna Airport – Lufthansa

    Lufthansa, German carrier, has ruled out the option of flying to Kaduna airport during the closure of the Nnamdi Azikwe international airport in March. Despite criticisms from different quarters, the federal government has insisted on closing the...

    • Posted February 4, 2017
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  • Market remains bearish as investors react to weak corporate earnings

    The stock market opened February on a bearish note yesterday as investors’ sentiments remained dampened by weak corporate earnings by some companies. The Nigerian Stock Exchange (NSE) All-Share Index fell by 0.51 per cent to close at...

    • Posted February 3, 2017
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