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All posts tagged "headline"

  • Universal Service Provision Fund deploys 79 base stations in communities

    The Universal Service Provision Fund (USPF) on Saturday said it had deployed 79 Base Transceiver Stations (BTS) in unserved and underserved communities across the country. The Secretary of USPF, Mr. Abdullahi Maikano, told the News Agency of...

    • Posted January 5, 2015
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  • NB confirms SEC’s approval of merger with Consolidated Breweries

    The management of Nigerian Breweries Plc has confirmed that its merger with Consolidated Breweries Plc has now been finalized with effect from December 31, 2014. According to a company statement signed by the Managing Director/CEO of Nigerian...

    • Posted January 4, 2015
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  • Dangote, role model to young African leaders – NBCC

    The Nigerian-British Chamber of Commerce has described the Chairman of Dangote Group, Alhaji Aliko Dangote, as a role model to the youth, following his recent award as the ‘Forbes Africa Person of the Year 2014’ by Forbes...

    • Posted January 4, 2015
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  • Naira, cedi, kwacha worst African currencies in 2014

    Nigeria’s naira, Ghana’s cedi and Zambia’s kwacha have been named the worst performing African currencies in 2014. The currencies were among a small basket that are relatively liquid, as falling commodity prices take a toll on some...

    • Posted January 4, 2015
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  • Government interference threatens telecoms growth – NIG

    The President, Nigeria Internet Group, Mr. Bayo Banjo, says poor quality of service and bandwidth challenges still exist because the Ministry of Communications Technology and the Nigerian Communications Commission are making excessive interference in the private sector....

    • Posted January 4, 2015
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  • Local manufacturers of SIM cards, National ID cards, voter cards get N1.1bn BoI facility

    The Bank of Industry, BoI, has granted N1.1 billion credit facility to local manufacturers of electronic payment cards, SIM cards, National ID card and Voters card. Mr. Rasheed Olaoluwa, BoI Managing Director, disclosed this during a loan...

    • Posted January 4, 2015
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  • NSE among world’s worst performing exchanges in 2014

    The Nigerian Stock Exchange ended 2014 as one of the worst performing exchanges as the market capitalisation of the listed equities fell by N1.749tn from N13.226tn at the start of the year to N11.477tn. This is despite...

    • Posted January 3, 2015
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  • Nigeria’s import of US kerosene hits record high

    Nigeria’s monthly import of kerosene from the United States hit the highest in October last year since 1995, when the country imported its first cargo from the US, data obtained from the Energy Information Administration, the statistical...

    • Posted January 3, 2015
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  • Oil slump: FG may borrow from World Bank, others

    The Federal Government, in a bid to cushion the impact of oil price drop on the nation’s economy, is seeking external loans worth $5.7bn (N2.97tn) from its development partners to finance infrastructure projects contained in the 2015...

    • Posted January 3, 2015
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  • Council Seeks decongestion of Lagos Ports

    In a bid to address the congestion in the nation’s seaports, especially the ones situated in Lagos, the Chairman of the Ports Consultative Council (PCC), Chief Kunle Folarin has called on the federal government to initiate measures...

    • Posted January 3, 2015
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