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All posts tagged "headline"

  • Seplat secures $1bn debt re-financing facility

    A Nigerian oil company, Seplat Petroleum Development Company Plc (Seplat), has said it has successfully refinanced its existing debt facilities with a new $700 million seven-year secured term facility and US$300 million three-year secured revolving credit facility....

    • Posted January 20, 2015
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  • FG may force Toyota, Honda to build Nigerian factories

    The Federal Government is set to compel any automobile firm with an annual sale figure of 10,000 vehicles in Nigeria to establish a local assembly plant or be ready to quit the market. This is one of...

    • Posted January 19, 2015
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  • Oil slump: Nigerians should pay less for fuel – Labour

    The Nigeria Labour Congress has accused the Federal Government of denying Nigerians the benefits accruing from the falling crude oil price. The President, NLC, Abdulwahed Omar, in a post on the congress’ website, said the situation on...

    • Posted January 19, 2015
    • 1
  • Enugu laments non-payment of prescribed fees by telecoms operators

    The Enugu state government has expressed dismay over the refusal of major telecommunication services operators in the state to pay statutory fees for the development of cell base stations despite repeated efforts by government to create a...

    • Posted January 19, 2015
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  • Experts hail suspension of CBN’s directive on credit risk mitigation in banks

    The decision of the Central Bank of Nigeria (CBN) to suspend the take-off of its directive on oil and gas industry credit risk mitigation in banks has been described as a well-thought-out action which promises to save...

    • Posted January 19, 2015
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  • Small capitalised stocks, best performers on NSE in 2014 – Onyema

    Last week, Director General, Nigerian Stock Exchange Mr. Oscar Onyema, held a media parley on 2014 Market Recap and outlook for 2015, where small capitalised stocks were adjudged the best performers. He also unveiled the exchange’s plan...

    • Posted January 19, 2015
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  • DPR shuts 60 petrol stations in Akwa Ibom

    The Department of Petroleum Resources in Eket, Akwa Ibom, has said it sealed 60 petrol stations in the state between January and December last year. DPR Controller of Operations in Eket, Asuquo Antai, disclosed this in an...

    • Posted January 19, 2015
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  • Investments in mutual funds hit N174bn

    The total value of mutual funds investment rose by N23.67bn or 15.7 per cent at the end of 2014. At the end of trading in 2013, the value of investment in mutual funds, also known as Collective...

    • Posted January 19, 2015
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  • Strike: Air traffic controllers ground flights nationwide Monday

    Local and international flights may be totally grounded nationwide on Monday as air traffic controllers under the aegis Nigerian Air Traffic Controllers’ Association commences a new strike over issues relating to poor salary. A statement signed by...

    • Posted January 18, 2015
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  • Oil: Share prices may crash by 28% before elections

    The free fall in share prices in the Nigerian Stock Exchange is set to hit 28 per cent, up from 17 per cent, before the general elections in February, a review of the current market trend and...

    • Posted January 18, 2015
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