All posts tagged "headline"

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  FG shifts Tokunbo car tariff increase to April

  The Federal Government may have bowed to pressure on the implementation of the 70 per cent tariff on imported used vehicles by postponing its enforcement to April 30, 2015. This is the third time in six months...

  • Posted January 2, 2015
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  FG spent N500bn on power sector liabilities

  The Federal Government spent about N500bn to settle the liabilities and debts that threatened to truncate the power sector reform, the Supervising Minister of Information, Dr. Nuruddeen Mohammed, has said. Mohammed, who said this at a press...

  • Posted January 2, 2015
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  FG may reopen MMIA cargo terminal next week

  Indications have emerged that the Federal Government may reopen the cargo terminal of the Murtala Muhammed International Airport in Lagos next week. This is because the congestion, which led to the closure of the terminal two weeks...

  • Posted January 2, 2015
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  Stanbic IBTC to float more Exchange Traded Funds

  Chief Executive Officer, Stanbic IBTC Asset Management Limited(SIAML), Mr. Olumide  Oyetan, has disclosed that the company will float more Exchange Traded Funds (ETF) in 2015. He said the company would do so because of its commitment to...

  • Posted January 2, 2015
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  Over 100 stockbroking firms comply with new capitalisation

  Over 100 market operators playing the role of broker/dealer were able to comply with the new minimum capital requirement  before the Securities and Exchange Commission (SEC) extended the deadline by nine months to September 30, 2015. SEC ...

  • Posted January 1, 2015
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  BoI invests N1.1bn in local manufacture of smart cards

  The Bank of Industry (BoI) announced its resolute support for backward integration initiatives that will result in the development of profitable manufacturing of smart cards now widely used in the country. The nation’s leading development bank on...

  • Posted January 1, 2015
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  Total deposits at CBN fall by 2.9%

  The total deposits at the Central Bank of Nigeria declined by 2.9 per cent to N6.683tn during the third quarter of 2014, the CBN stated in a new report. This was in contrast to the one per...

  • Posted January 1, 2015
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  Brokers hail SEC over extension of recapitalisation deadline

  Some market operators yesterday hailed the Securities and Exchange Commission (SEC) for extending the deadline  to comply with the new minimum capital requirements by nine months, saying it is  a good development for the market and economy...

  • Posted January 1, 2015
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  NSE lists 6.3 billion Champion Breweries shares

  The Nigerian Stock Exchange (NSE) has admitted a total of 6.3 billion  ordinary shares of 50 kobo each belonging to Champion Breweries Plc to trade on the exchange. The NSE said the listing followed  the  company’s recently...

  • Posted January 1, 2015
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  Banks face risk from oil price slump

  With the exposure of banks operating in the country to the oil and gas industry, the plunge in global oil prices poses risks to the lenders, Ecobank Research has said. It said the $50 per barrel plunge...

  • Posted January 1, 2015
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