All posts tagged "headline"

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  Duty on used cars not increased to 70% – Aganga

  Minister of Industry, Trade and Investment, Mr. Olusegun Aganga, on Wednesday said there was no truth in media reports that duty on used cars had been increased to 70 per cent with effect from July 1 based...

  • Posted July 3, 2014
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  Forte Oil joins high-priced stocks

  The Nigerian Stock Exchange says Forte Oil has become the 12th high- priced stocks, following the review of the prices of stocks. A statement by the Head, Corporate Communications, NSE, Nwando Ajene, said the review was part...

  • Posted July 3, 2014
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  NDIC warns bank examiners against unethical practices

  The Managing Director,  Nigeria Deposit Insurance Corporation, Alh Umaru Ibrahim, on Wednesday warned its banks examiners against unethical practices, noting that the corporation would not condone any form of unethical conduct in the banking system. The NDIC...

  • Posted July 3, 2014
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  Insurers reduce cover in troubled states

  Underwriting firms are gradually reducing insurance cover in the states in the North where scores of people die and valuable property is lost almost daily as a result of Boko Haram insurgency, investigation has revealed. Despite the...

  • Posted July 3, 2014
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  African countries record 20% improvement in quality performance

  The overall quality of government policies and institutions that broadly support growth and reduce poverty in African countries remained steady in 2013, whereas progress was made in a number of former conflict affected countries, according to a...

  • Posted July 3, 2014
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  NEITI recovers more N64bn from Mobil, Total, others

  The Nigeria Extractive Transparency Initiative (NEITI) has disclosed that it has recovered an additional revenue to tune of N64,401,841,370.40 billion which is approximately over $392 million that is owed to Nigeria from some oil and gas companies...

  • Posted July 2, 2014
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  FG, Chinese investors pledge $5billion on steel sector

  The Permanent Secretary, Federal Ministry of Industry, Trade and Investment, Ambassador Abdulkadir Musa, has commended PAN Steel Corporation of China for taking advantage of Nigeria Industrial Revolution Plan (NIRP) to invest $5 billion new steel plant in...

  • Posted July 2, 2014
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  Discos to invest N55.69bn this year – BPE

  Electricity distribution companies are to invest a total of N55.69bn ($357.66m) this year, the Bureau of Public Enterprises has said. The bureau, in a document obtained by our correspondent in Abuja on Monday, stated that the amount...

  • Posted July 2, 2014
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  NCC declares NITEL, Starcomms, others inactive

  The Nigerian Communications Commission (NCC) has declared the Nigerian Telecommunications Limited (NITEL), the country’s pioneer telecoms operator, and 13 other telecoms companies as “inactive operators.” According to Technology Times, NCC’s declaration of NITEL and its mobile business...

  • Posted July 2, 2014
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  Mixed reactions trail FG’s release of N200bn capital vote

  A cross section of Nigerians yesterday urged the federal government to re-examine its management of the economy, especially the application of national capital votes. The mixed reactions followed the federal government’s recent release of the N200 billion...

  • Posted July 2, 2014
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