All posts tagged "headline"

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  CBN raises N70bn from Treasury Bills

  The Central Bank of Nigeria on Thursday said it had sold N70.56bn at a sale of three-month and six-month Treasury Bills, with yields broadly unchanged from last month’s auction. Subscription levels fell at the auction compared with...

  • Posted July 12, 2014
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  Oando converts $218.9m Debt of Canadian Unit to equity

  Nigeria’s Oando Plc has converted a $218.9 million loan to its Toronto-listed unit, Oando Energy Resources, to equity. This is to increase its stake in the subsidiary by 1.6 per cent to 93.6 per cent, it said...

  • Posted July 12, 2014
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  NDDC records zero execution of projects in 2013

  Owing to the late passage of the 2013 budget by the National Assembly, it has forced the Niger Delta Development Commission (NDDC) to roll over all the proposed capital projects to the 2014 budget. The Director of...

  • Posted July 12, 2014
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  NSE equities value rose by N1.582tn in Q2

  The market capitalisation of the listed equities on the Nigerian Stock Exchange rose by 12.71 per cent or N1.582tn in the second quarter of 2014, erasing losses made in the first quarter. The market capitalisation, which stood...

  • Posted July 12, 2014
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  NCC seeks protection for $25bn telecoms assets

  A corporate governance code that will protect the over $25bn worth of assets in the telecommunications sector has been unveiled by the Nigerian Communications Commission. At the formal unveiling in Lagos on Thursday, the NCC noted that...

  • Posted July 12, 2014
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  Summer: Airlines may double fares on foreign routes

  Air travellers to overseas destinations this summer should prepare to pay more for tickets as indications have emerged that the airlines may double the airfares on popular routes. Airfaresfor journeys from Nigeria to some foreign destinations have...

  • Posted July 12, 2014
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  Fidelity Bank CEO pledges support for SMEs

  The Managing Director, Fidelity Bank Plc, Mr. Nnamdi Okonkwo, has promised that the bank will continue to support small and medium-sized enterprises in the country. This, he said, was as a result of the crucial role small...

  • Posted July 12, 2014
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  Skye Bank powers electronic payroll in Nassarawa

  In line with its quest for an efficient and robust pay roll management system in the state, the Nasarawa state government has gone into partnership with Skye Bank Plc on the deployment of pay roll solutions as...

  • Posted July 12, 2014
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  House of the Week: A fabulous 5-bedroom property in Gwarimpa, Abuja

  Set in the heart of the prestigious Gwarimpa Estate, is this tastefully finished 5-bedroom duplex with 2 rooms BQ. This property features a large sitting room and dinning room, fully furnished modern kitchen, spacious bedrooms, well equipped...

  • Posted July 11, 2014
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  UBA pays N3.5bn retirement benefits

  The Managing Director, UBA Pensions Custodian, Mr. Bayo Yusuf has disclosed that the company pays about N3.5 billion monthly as retirement benefits to 25,000 retirees. He said this in an interview with journalists in Abuja on the...

  • Posted July 11, 2014
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