All posts tagged "headline"

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  Senate Committee warns against misuse of $500m Chinese loan

  The Senate Committee on Aviation yesterday warned against attempts to misappropriate the $500 million loan obtained by the federal government for the completion of ongoing projects in the nation’s airports and vowed to resist any corrupt act...

  • Posted June 11, 2014
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  Access Bank assures SMEs of increased support

  Access Bank Plc has blamed the poor organisational structure of small and medium scale enterprises (SMEs) in the country as one of the factors obstructing lending to the sector. However, the bank restated its resolve to continue...

  • Posted June 10, 2014
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  Nigerian equities close higher despite sell pressure

  Investors in the Nigerian equities again smiled home last week as the market sustained its positive run despite the huge sell pressure fuelled  by profit-taking. Activities were mixed during the week despite bargain hunters drive to take...

  • Posted June 10, 2014
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  FG to raise N70bn bond

  The Federal Government is planning to raise N70bn in three and 10-year bonds in an auction on June 11, the Debt Management Office has said. The debt office said it would issue N35bn each in the papers,...

  • Posted June 10, 2014
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  NLNG generates over $50bn for the Nigerian economy in 14 years

  The Nigeria Liquefied Natural Gas (NLNG) Limited has generated over $50billion for the Nigerian economy since October 1999, when it exported its first LNG cargo. Speaking at the company’s book launch on ‘2014 Facts and Figures’ at...

  • Posted June 10, 2014
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  FRC appeals judgment on power to register firms

  The Financial Reporting Council of Nigeria (FRC) said it has appealed against the judgment of a Federal High Court which faulted its power to register and regulate private limited liability companies in the country. A statement from...

  • Posted June 10, 2014
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  Mainstreet Bank gets global certification

  Mainstreet Bank Limited says it has been awarded the Payment Card Industry Data Security Standard certification. The PCI DSS is a set of requirements designed to ensure companies that process, store or transmit credit/debit card information, maintain...

  • Posted June 10, 2014
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  AGF asks Senate to stop Malabu oil probe

  The Attorney General of the Federation and Minister of Justice, Mr. Mohammed Adoke (SAN), has asked the Senate Committee on Petroleum Resources (Upstream) to stop further investigation into the alleged $1.1bn proceeds from the sale of an...

  • Posted June 10, 2014
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  Insecurity: Airlines pay 25% more on aircraft lease

  Worsening insecurity, fuelled by Boko Haram insurgency, has made foreign companies to impose 20 to 25 per cent additional charges on aircraft lease rentals paid by Nigerian airline operators, findings by our correspondent have shown. Airline chief...

  • Posted June 10, 2014
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  National Assembly considers aviation local content bill

  The National Assembly is considering a local content bill for the aviation industry. This bill, when passed, will ensure that airlines operating in the country employ a certain number of indigenous pilots and engineers in their companies....

  • Posted June 10, 2014
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