Don't Miss


All posts tagged "headline"

  • ABUCCIMA seeks private sector partnership in disbursement of SMSE Fund

    The Abuja Chamber of Commerce and Industry, Mines and Agriculture (ABUCCIMA) has urged the federal government to involve the private sector in articulating conditions for accessing the micro, small, medium and enterprises (MSMEs) intervention fund. The federal...

    • Posted January 23, 2015
    • 0
  • Oil marketers decry non-payment of N250bn subsidy claims, seek deregulation

    The Major Oil Marketers Association of Nigeria (MOMAN) has decried the non-payment of an outstanding N250 billion subsidy claims for 2014, urging the federal government to pay the bills and deregulate the downstream sector. Speaking to journalists...

    • Posted January 22, 2015
    • 0
  • New fuel price fallout: DPR shuts down 10 petrol stations in Kwara

    No fewer than 10 filling stations were shut down on Tuesday by the state Department of Petroleum Resources (DPR) for their alleged refusal to dispense fuel to consumers at the new pump price of N87 per litre....

    • Posted January 22, 2015
    • 0
  • CBN rules out further devaluation of naira

    The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday ruled out further devaluation of the naira and warned against speculative trading in the currency, vowing that it would do everything within its power to...

    • Posted January 22, 2015
    • 0
  • FG approves low interest funding plan for cotton, textile manufacturers

    The federal government has approved a new funding mechanism that will ensure that cotton, textile and garment companies access long-term, low interest loans to finance their operations. This is part of the new National Cotton, Textile and...

    • Posted January 22, 2015
    • 0
  • 29 ships to arrive Lagos

    Twenty-nine ships are to arrive in Lagos ports with foods, petroleum products and other goods from January 20 to February 7. The Nigerian Ports Authority (NPA) disclosed this in its daily publication, the ‘Shipping Position,’ made available...

    • Posted January 22, 2015
    • 0
  • FG to insure civil servants for N6bn

    The Federal Government is set to pay N6bn premium to underwriters covering its civil servants for the current fiscal year, investigation has revealed. One of the underwriters of the Group Life Insurance Policy said the insurance would...

    • Posted January 22, 2015
    • 0
  • Deepwater projects may be cancelled – NNPC

    With the steep decline in global oil prices, several deepwater projects in the country face delays or outright cancellation, the Nigerian National Petroleum Corporation has said. The global benchmark Brent crude, which peaked at $115 per barrel...

    • Posted January 22, 2015
    • 0
  • Unlisted securities: NASD records N2.3bn transactions

    The trading of unlisted securities in the formal over-the-counter market is on the rise as more investors become aware of the benefits of the market, the NASD Plc, which operates the OTC market, has said. According to...

    • Posted January 22, 2015
    • 0
  • Naira falls to 189 at interbank market

    The naira fell against the dollar to 189 at the interbank segment of the foreign exchange market on Tuesday, up from 186.90 recorded on Monday. Dealers said the national currency tumbled against the greenback despite the Central...

    • Posted January 22, 2015
    • 0