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All posts tagged "headline"

  • New payroll system saved us N160bn – FG

    The Accountant General of the Federation, Mr. Jonah Otunla on Tuesday said the introduction of the Integrated Personnel and Payroll Information System in the public sector has saved the Federal Government the sum of N160bn in personnel...

    • Posted August 13, 2014
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  • Honeywell records 18% rise in profit

    Honeywell Flour Mills Plc says its profit after tax rose by 18 per cent to N3.5bn in the financial year ended March 31, 2014, from N2.8bn the previous year. This, the company said, translated to an 18...

    • Posted August 13, 2014
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  • 98% of PHCN workers paid severance, gratuities – BPE

    The Bureau of Public Enterprises on Monday said 98 per cent of workers of the defunct Power Holding Company of Nigeria had received their severance and gratuity entitlements. It disclosed this at the inaugural National Council on...

    • Posted August 13, 2014
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  • Fake phones: CAPDAN decries SON’s comment

    Computer and Allied Products Dealers Association of Nigeria has condemned comments credited to the Director General of Standards Organisation of Nigeria, Dr. Joseph Odumodu, that 80 per cent of mobile phones sold at Computer Village in Lagos...

    • Posted August 13, 2014
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  • Stallion Group debuts made-in-Nigeria Hyundai cars

    Barely three months after delivering the Made-in-Nigeria Nissan range of vehicles, the Stallion Group has delivered yet again on another promise – the manufacture and assembly of Hyundai range of vehicles. The Chairman of the Stallion Group,...

    • Posted August 13, 2014
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  • Diamond Bank urges SMEs to list on NSE

    Diamond Bank Plc has advised operators of small and medium scale enterprises (SMEs) to list on the Nigerian Stock Exchange (NSE) and take advantage of the opportunities inherent in the capital market. The bank specifically stressed the...

    • Posted August 12, 2014
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  • Stockbrokers pledge support for unlisted securities platform

    The Chartered Institute of Stockbrokers (CIS) has pledged to deepen the over-the-counter (OTC) market for securities unlisted companies in Nigeria saying that doing so will empower more Nigerians in particular and the economy in general. The President...

    • Posted August 12, 2014
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  • Forte Oil records 152% increase in half-year profit

    Forte Oil PLC (formerly AP Plc) Friday in Lagos announced its audited results for the half-year ended June 20, 2014, showing sustained growth across its bottom-lines. Analysis of the results released by the Nigerian Stock Exchange (NSE)...

    • Posted August 12, 2014
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  • Chevron blocks: Brittania-U cautions Minister against contempt of court as Seplat seeks consent

    As the legal battle between Brittania-U Nigeria Limited and Seplat Petroleum Development Company Limited for the acquisition of Chevron’s Oil Mining Leases (OMLs) 52, 53 and 55 shifted to the Supreme Court, lawyer to Brittania-U, Mr. Rickey...

    • Posted August 12, 2014
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  • $1.5bn Lekki deep seaport project suffers setback

    Disagreements over the value of land donated by the Lagos State Government for the establishment of the Lekki Deep Seaport have been identified as the cause of the delay in the takeoff of the project. The deep...

    • Posted August 12, 2014
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