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All posts tagged "headline"

  • Airline operators spend 40% of revenue on fuel

    Airline operators in the country spend over 40 per cent of their total funds on aviation fuel. This means they are left with about 60 per cent of the funds to cover other costs and expenses, including...

    • Posted September 3, 2014
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  • Shippers’ council, freight forwarders collaborate on capacity building

    The Executive Secretary, Nigerian Shippers’ Council, Mr. Hassan Bello, has said the council will work with the Nigerian Institute of Freight Forwarders and Custom Brokers to build capacity in the sector Bello said this on Monday when...

    • Posted September 3, 2014
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  • Enugu set to export pineapple to Europe

    The Enugu State Government would commence the commercial shipment of pineapple to Europe this year, the Commissioner for Information, Mr. Chuks Ugwoke, said on Monday. Ugwoke, who said this while addressing journalists after the State Executive Council...

    • Posted September 3, 2014
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  • Why Cross River decided to float N40bn bond – Imoke

    The Cross River State Governor, Senator LiyelImoke has shed some light on the move by his administration to float a N40 billion. His Chief Press Secretary, Christian Ita in a statement on behalf of the governor said...

    • Posted September 3, 2014
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  • NNPC to step up work on Abuja-Kaduna-Kano gas pipeline project

    The Nigerian National Petroleum Corporation (NNPC) has initiated steps to fast track its construction of a pipeline to convey gas from Abuja through Kaduna to Kano under the federal government’s gas master plan. As part of the...

    • Posted September 2, 2014
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  • Merger of aviation agencies is retrogressive – ART

    Industry think tank, Aviation Round Table (ART) has again opposed the planned merger of aviation parastatals to cut down huge expenses incurred in running them and described the policy as retrogressive. The federal government approved the merger...

    • Posted September 2, 2014
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  • Sterling Bank gets e-payment recertification

    Sterling Bank Plc’s electronic payment system has been recertified by the Council of Payment Card Industry, the global body that certifies organisations which keep cardholders’ information. The lender said the recertification came barely one year after it...

    • Posted September 2, 2014
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  • CBN bars banks, others from acquiring shares in HoldCos

    Banks and other subsidiaries of holding companies (HoldCos) in the country have been prohibited from acquiring shares in their parent companies. Also, subsidiaries of such holding companies were barred from acquiring shares of other subsidiaries of their...

    • Posted September 2, 2014
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  • Nigeria’s 2024 bond yield eases on JP Morgan Index inclusion

    Yields on Nigeria’s 2024 bond shed 15 basis points to 11.89 per cent on Friday, after JP Morgan added it to its Government Bond Index-Emerging Market (GBI-EM). This, according to dealers attracted offshore funds. The 10-year benchmark...

    • Posted September 2, 2014
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  • FG seeks review of economic partnership agreements

    The Federal Government is pushing for a review of the Economic Partnership Agreements with the European Union by members of the African Union to adequately protest local manufacturers. The Minister of State for Finance, Ambassador Bashir Yuguda,...

    • Posted September 2, 2014
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