All posts tagged "headline"
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At least 50% of Nigerians should participate in the capital market – Madubuike
Mr. Emeka Madubuike is the President, Association of Stockbroking Houses of Nigeria. He shares his views on investor protection efforts, the new capital requirement for operators and other issues withSIMON EJEMBI Some analysts have said that when...
- Posted July 27, 2014
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CBN sells N134.9bn treasury bills
The Central Bank of Nigeria has sold N134.9 billion treasury bills of three-month, six-month and one-year maturities, with three-fifths fetching lower yields than at the previous auction. The central bank disclosed this on Thursday, a day after...
- Posted July 26, 2014
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Keystone Bank to sell African subsidiaries
Keystone Bank Limited yesterday disclosed plans to sell its subsidiaries in three African countries due to capitalisation challenges confronting the institutions. The countries are Uganda, Sierra Leone and Liberia. The Managing Director/Chief Executive Officer, Keystone Bank, Mr....
- Posted July 26, 2014
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FG considering three options for TCN privatisation
The Federal Government is considering three options for the privatisation of the Transmission Company of Nigeria. This was disclosed by the Minister of Power, Prof. Chinedu Nebo, in Lagos on Thursday while answering questions from journalists during...
- Posted July 26, 2014
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CBN, state Governors sign MoU on MSMEs fund
The Central Bank of Nigeria (CBN) yesterday signed a Memorandum of Understanding (MoU) with the Executive Governors of Delta, Osun, Oyo, Akwa-Ibom and Borno States on the operation and administration of the N220 billion Micro, Small and...
- Posted July 26, 2014
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Jonathan canvasses stronger partnership among OPEC nations
President Goodluck Jonathan yesterday canvassed for deeper, stronger and more cooperative partnership between Nigeria and other members of the Organisation of Petroleum Exporting Countries (OPEC). The president spoke when he had separate audiences with the new Ambassadors...
- Posted July 26, 2014
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Technical hitches prevent trading on NSE
Trading activities could not take place on the Nigerian Stock Exchange on Thursday due to technical glitches, our correspondent has gathered. Operators who spoke to our correspondent explained that they could not trade because the trading engine...
- Posted July 26, 2014
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Nigeria, US sign MoU on 1,500MW power plant
The Federal Government and the United States of America on Thursday signed two Memoranda of Understanding to build a 1,500-megawatts power plant as well as other infrastructure to boost Nigeria’s power sector. The agreements, which were as...
- Posted July 26, 2014
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Cocoa exporters reject new levy
The Cocoa Association of Nigeria, Cross River State branch, has expressed its resolve not to pay the N5,000 per tonne levy on cocoa exportation imposed by the state government. Our correspondent learnt on Thursday that a meeting...
- Posted July 26, 2014
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Rusal not stripping ALSCON assets – NCP
The National Council on Privatisation’s fact-finding committee on the Aluminium Smelting Company of Nigeria has said that the allegation of asset stripping against UC Rusal, owners of the company, is false. Speaking after an assessment tour of...
- Posted July 26, 2014