All posts tagged "headline"

• 
  FG to issue $300m Diaspora bond

  The Federal Government is planning to issue a bond of $100m-$300m aimed at the country’s Diaspora by the end of the year, the Director-General, Debt Management Office, Dr. Abraham Nwankwo, has said. “We are still working on...

  • Posted July 2, 2014
  • 0
• 
  NCC destroys N26.3m illegal broadcast equipment in Enugu

  The Nigerian Copyright Commission has destroyed illegal broadcast equipment valued at N26.3m during an anti-piracy operation in Enugu. Most of the items destroyed, including cable wires and boosters, were used for illegal distribution of DSTV contents and...

  • Posted July 2, 2014
  • 0
• 
  NPA links 14% increase in cargo to e-payment

  The Managing Director of the Nigeria Ports Authority, Mallam Habib Abdullahi, has attributed the 14 per cent increase in cargo throughput recorded in the first quarter of 2014 to the implementation of E-payment and other port reforms....

  • Posted July 2, 2014
  • 0
• 
  Senate moves against N35m BDC capital base

  The Chairman, Senate Committee on Finance, Senator Ahmed Makarfi, on Monday described as unfair the N35m minimum capital base imposed on Bureau de Change operators. Makarfi, who addressed journalists in Abuja, however, said both chambers of the...

  • Posted July 2, 2014
  • 0
• 
  12 barrels of crude lost in Qua Iboe incident – Mobil

  Mobil Producing Nigeria Unlimited (MPN), operator of the Nigerian National Petroleum Corporation (NNPC/MPN) joint venture, has stated that only 12 barrels of oil was released during the incident at its Qua Iboe Terminal (QIT) in Ibeno Local...

  • Posted July 2, 2014
  • 0
• 
  Cashless policy goes nationwide today

  The cashless policy, an initiative of the Central Bank of Nigeria (CBN) and the Bankers’ Committee aimed at reducing the amount of cash in the system will be extended to 30 more states in the country from...

  • Posted July 1, 2014
  • 0
• 
  Loan growth in Nigeria is muted – Chike-Obi

  Contrary to popular concerns that Nigeria’s financial services industry is experiencing another round of loan growth, which may lead to increased non-performing loans, the Managing Director of the Asset Management Corporation of Nigeria (AMCON) has said that...

  • Posted July 1, 2014
  • 0
• 
  UACN, Ashaka Cement join indices as NSE review indicators

  The Nigerian Stock Exchange (NSE) last Friday announced the results of the biannual review for the NSE 30, NSE Lotus Islamic Index (NSE LII) and the five sectoral indices of the exchange. The sectoral indices are the...

  • Posted July 1, 2014
  • 0
• 
  Dangote’s Cameroon cement plant to commence operation August

  The Dangote Cement Cameroon S.A. will become operational in August, the management of the company has said. The cement factory will begin production with capacity for one million metric tonnes, which will to be expanded to 1.5...

  • Posted July 1, 2014
  • 0
• 
  $200m power plant underway in Sapele

  The Nigeria Bulk Electricity Trading Plc (NBET) has received from Nigerian Electricity Regulatory Commission (NERC), the names of Proton Energy amongst others who are being considered for power purchasing agreement licences. This move is part of the...

  • Posted July 1, 2014
  • 0