All posts tagged "headline"

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  Stop losing 400,000 barrels of oil per day – Fashola tells FG

  Lagos State Governor, Mr. Babatunde Fashola, at the weekend, asked the federal government to stop losing 400,000 barrels of crude oil per day, which he said, could earn the country nearly $7.8 billion per annum at $50...

  • Posted January 6, 2015
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  Stock Market remains positive despite profit taking

  The Nigerian equities market remained bullish last week despite the decline  recorded on the last trading day of the week, indicating that profit-taking has begun. However, there were also speculations that bargain hunting will continue to drive...

  • Posted January 6, 2015
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  Oil slump cuts subsidy to 90 kobo per litre

  With the price of the global benchmark Brent crude closing at $57.94 per barrel last Monday, Nigerian government is now paying just 90 kobo as subsidy for a litre of petrol. The Petroleum Products Pricing Regulatory Agency,...

  • Posted January 6, 2015
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  Seplat, Unity Bank, others join NSE indices after year-end review

  Seplat Petroleum Development Company Plc has been included in the Nigerian Stock Exchange (NSE) 30 Index, just as  Unity Bank Plc joined the NSE Banking Index. The NSE 30 Index comprises the top 30 stocks on the...

  • Posted January 6, 2015
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  Market awaits entrance of more Merchant Banks

  Activities in the merchant banking segment of the financial market are expected to increase as the market anticipates the entrance of more players in the sub-sector this year. This is expected to support corporate and trade financing...

  • Posted January 6, 2015
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  Investors stake N9.8m on bonds, ETPs

  Federal Government bonds and Exchange Traded Products worth N9.853m were traded on the floor of the Nigerian Stock Exchange in three trading sessions last week. The Federal Government had declared Thursday and Friday public holidays to allow...

  • Posted January 6, 2015
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  BoI provides N100bn for cotton production

  The Federal Ministry of Agriculture and Rural Development on Sunday said that the cotton subsector had received N100bn from the Bank of Industry through the Growth Enhancement Support scheme on the Cotton, Textile and Garments Funds. According...

  • Posted January 6, 2015
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  FG spends N471bn to service debts

  The Federal Government spent a total of N471bn to service its domestic and external debts in the first half of the 2014 fiscal year, figures obtained from the Budget Office of the Federation have shown. The figure,...

  • Posted January 5, 2015
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  NERC seeks consumers’ scrutiny of new electricity tariff

  As the newly-approved tariff for electricity consumption in Nigeria begins from January 1, 2015, the Nigerian Electricity Regulatory Commission (NERC) has said that it would be relying on consumers across the country to bring the various electricity...

  • Posted January 5, 2015
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  Exhibitors, consumers rate marketplace exhibition high

  Participants including exhibitors and consumers have described the just concluded annual marketplace exhibition held in Lagos as successful. Speaking at the event, Head, Planning committee of the exhibition, Mrs Moji Awokoya noted that the decision of the...

  • Posted January 5, 2015
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