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All posts tagged "headline"

  • FEC approves N1.3bn for feasibility study of standard rail lines

    Federal Executive Council Wednesday approved N1.3bn for standard rail feasibility study on six rail lines. The approval of the contractual sum was announce by Minister of Information, Labaran Maku shortly after the weekly FEC meeting while briefing...

    • Posted July 17, 2014
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  • Naira firms on dollar inflow

    The naira firmed marginally on the interbank market yesterday after oil companies sold dollars to buy the local currency and dollar demand from importers slowed, traders said. The naira closed at N162.28 to a dollar, slightly firmer...

    • Posted July 16, 2014
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  • ECOWAS relaxes compliance criteria to hasten Monetary Union by 2020

    The Economic Community of West African States (ECOWAS) Commission yesterday said it has resolved to reduce the macroeconomic convergence criteria among member states to six, from the initial 11 in order to hasten the actualisation of the...

    • Posted July 16, 2014
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  • NSE boosts access to information, capital

    In line with its goal to make the Nigerian stock market the leading platform to access capital in Africa, the Nigerian Stock Exchange says it is important for investors to have easy access to information about the...

    • Posted July 16, 2014
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  • Zenith Bank, Virgin Group support young entrepreneurs

    Two Nigeria’s young entrepreneurs, Miss Eseoghene Odiete and Mr. Nasir Yammama recently had a business master class from the  Founder and Chairman of  Virgin Group,  Sir Richard Branson, after winning a competition organised by British Council and...

    • Posted July 16, 2014
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  • Oshiomhole faults investment of pension fund in Capital Market

    The Governor of Edo State, Mr. Adams Oshiomhole, has faulted the investment of pension asset in the capital market, saying the fund should rather be deployed to areas that would benefits contributors directly. Toeing his line of...

    • Posted July 16, 2014
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  • Power firms record N69bn revenue shortfall

    Between November 2013, when the power generation and distribution firms were privatised and June 2014, the companies have had a shortfall of N69bn from the proposed N144bn revenue they were expected to generate. It was gathered that...

    • Posted July 16, 2014
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  • ECOWAS single currency’s 2015 take-off date under threat

    The inability of some countries within the West African Monetary Zone to meet up with the macroeconomic convergence criteria is currently threatening the January 1, 2015 take-off of the single currency regime for the sub region. The...

    • Posted July 16, 2014
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  • Deaths: Insurers plan special cover for Nollywood artistes

    Sudden deaths, health challenges and other losses being recorded in the Nigerian entertainment industry have made the practitioners to embrace special insurance covers specifically designed for the Nollywood artistes by member companies of the Nigerian Insurers Association....

    • Posted July 16, 2014
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  • FG asks BoI to increase credit to MSMEs

    The Federal Government on Tuesday directed the newly inaugurated board of the Bank of Industry to increase its current credit portfolio to the Micro, Small and Medium Enterprises sector.The Minister of Industry, Trade and Investment, Mr Olusegun...

    • Posted July 16, 2014
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