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All posts tagged "headline"

  • Rivers spends N718.8m on FADAMA III projects

    The Rivers State Government has said it spent N718,759,260.96 to empower farmers in the state under the FADAMA III projects between 2009 and 2013. It said it has also earmarked another N100 million for another empowerment programme:...

    • Posted July 24, 2014
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  • Naira drops marginally on increased dollar demand

    The naira eased 0.21 per cent against the United States dollar yesterday after some importers took advantage of its recent appreciation against the greenback to lock in rates, dealer said. The local currency eased after last week’s...

    • Posted July 23, 2014
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  • FG issues cement Manufacturers 60-day ultimatum on new labelling guidelines

    Determined to address the lingering issues in the cement industry as well as check the incidence of building collapse in the country, the Standards Organisation of Nigeria (SON) yesterday issued a 60-day ultimatum to cement manufacturers on...

    • Posted July 23, 2014
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  • Profit-taking sends equities lower

    The equities segment of the Nigerian Stock Exchange witnessed a weak bargain on Monday as investors opted to take profit following recent gains. At the close of trading, the NSE All Share Index fell by 0.25 per...

    • Posted July 23, 2014
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  • Reduced airfares boost passenger traffic by 9%

    The number of passengers who travelled by air to destinations within the country in the first quarter of this year rose by nine per cent compared to the same period a year ago. Passenger traffic volume refers...

    • Posted July 23, 2014
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  • Labour leaders seek Nebo’s resignation over 10,000MW claim

    Labour leaders and electricity consumers in the country have called for the resignation of the Minister of Power, Prof. Chinedu Nebo, if his claim that power generation will hit 10,000 megawatts by December this year is not...

    • Posted July 23, 2014
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  • Index declines amid rising trading volume

    The Nigerian Stock Exchange (NSE) All-Share Index (ASI) closed 0.25 per cent lower as trading resumed on negative note at the stock market yesterday. The ASI declined to 42,784.30, from 42,891.82, while market capitalisation depreciated from N14.163...

    • Posted July 23, 2014
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  • TCN is not wnderfunded – BPE Director

    The Director-General of the Bureau of Public Enterprises (BPE), Mr. Benjamin Dikki has shed some light on the issue of poor transmission capacity of the Transmission Company of Nigeria (TCN), which is a major hinderance to attainment...

    • Posted July 23, 2014
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  • Transcorp grows operating profit by 145% to N9.7bn

    Transnational Corporation of Nigeria Plc (Transcorp) has announced a growth of 145 per cent in its operating profit for the half year ended June 30, 2014, indicating a bountiful harvest ahead. According to the unaudited results, Transcorp...

    • Posted July 23, 2014
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  • CBN restates commitment to create strong financial sector

    The Central Bank of Nigeria (CBN) has restated its commitment towards building a resilient financial sector. The CBN Governor, Mr. Godwin Emefiele, made this known during the 14th annual Risk Managers Association of Nigeria (RIMAN) national conference...

    • Posted July 22, 2014
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