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All posts tagged "headline"

  • NIMASA seeks merger of Nigerian shipping firms

    Nigeria’s apex maritime regulatory authority Nigerian Maritime Administration and Safety Agency (NIMASA) has asked Nigerian shipping firms to merge so that they can be in a better position to compete with their foreign counterparts. The Director-General of...

    • Posted August 5, 2014
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  • Niger Insurance pays N270.8m dividend

    Niger Insurance Plc has said that it will pay N270.8m dividend to its shareholders in the 2013 financial period. The Chairman of the company, Alhaji Bala Zakariyau, disclosed this during the firm’s 44th annual general meeting in...

    • Posted August 5, 2014
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  • Power: FG to boost gas supply with $1bn

    The Federal Government on Monday resolved to commit $1bn to the improvement of gas infrastructure in the country in its bid to improve power supply.The Managing Director of the Niger Delta Power Holding Company, Mr. James Olotu, disclosed...

    • Posted August 5, 2014
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  • Business confidence has dropped – LCCI

    The Business Confidence Level Index dropped by 5.1 per cent in the third quarter of 2014, a survey by the Lagos Chamber of Commerce and Industry has revealed. The survey showed that the third quarter 2014 aggregate...

    • Posted August 5, 2014
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  • IKEDC, NIBSS develop online payment platform

    The Ikeja Electricity Distribution Company, in partnership with the Nigeria Inter-Bank Settlement Systems Plc, has created an online platform to facilitate convenient payment options for post-paid customers for both energy and non-energy related bills. The firm, in...

    • Posted August 5, 2014
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  • Cost reduction drives Stanbic IBTC’s earnings

    Stanbic IBTC Holdings Plc’s unaudited results for the six months ended June 30, 2014 showed a decline in operating cost which supported its cost to income ratio to 58 per cent. However, the uptick in the group’s...

    • Posted August 5, 2014
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  • CBN steps up job creation efforts, set to disburse N220bn MSMEs fund

    The Central Bank of Nigeria (CBN) will this month begin implementation of the N220billion Micro, Small and Medium Enterprises (MSME) fund as part of the bank’s development agenda. Festus Akanbi examines the modalities to be employed by...

    • Posted August 4, 2014
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  • Jonathan administration has tried for aviation industry – Onyema

    Chairman Air Peace, Allen Onyema, is also the founder/Chairman of Foundation for Ethnic Harmony in Nigeria (FEHN), a non-governmental organisation, which has been playing active roles in peaceful resolution in some parts of the country, particularly the...

    • Posted August 4, 2014
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  • Foreign investments in NSE rise to N705bn

    In spite of the activities of the extremist religious sect, Boko Haram, in Nigeria, foreign investors are showing increasing interest in the Nigerian Stock Exchange. Investigations by our correspondent showed that in the past few months, there...

    • Posted August 4, 2014
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  • Insurance contributes 0.6% to GDP

    The insurance sector contributed 0.6 per cent to the country’s Gross Domestic Product between 2012 and 2013, figures obtained from the National Insurance Commission on Friday have indicated. This shows a drop of 0.1 from its previous...

    • Posted August 4, 2014
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