All posts tagged "headline"

• 
  MasterCard says cashless policy will reduce cash transactions by 70%

  MasterCard has predicted that the planned nationwide roll-out of the central bank’s cashless initiative will reduce cash transactions in the country by 70 per cent. Vice-President and Area Business Head at MasterCard, Omokehinde Ojomuyide, gave the hint...

  • Posted June 6, 2014
  • 0
• 
  Brokers advise Honeywell on equity funding for N10bn project

  Stockbrokers have advised the management of Honeywell Flour Mills Plc(HFMP) to access the capital market for funds to finance its N10 billion new agro-allied industrial complex located on the Lagos-Ibadan expressway. Having completed the expansion of its...

  • Posted June 6, 2014
  • 0
• 
  Allison-Madueke calls for more gas-powered vehicles

  In a bid to promote cleaner environment, the Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, has called for increased use of gas as vehicular fuel. She said Nigeria was beginning to see a change in the direction...

  • Posted June 6, 2014
  • 0
• 
  NAICOM asks insurers to brace up for stricter regulation

  The National Insurance Commission (NAICOM) has said insurance regulations will become stricter going forward. The commission replied critics who were of the view that it was over-regulating the industry, saying what they thought was over-regulation was a...

  • Posted June 6, 2014
  • 0
• 
  Court summons Aganga, SON as Lafarge Cement challenges new cement standard

  A Federal High Court in Abuja has ordered the Minster of Industry Trade and Investment, Mr. Segun Aganga and the Standards Organisation of Nigeria (SON) to appear before it  on June 10 to show cause why they...

  • Posted June 6, 2014
  • 0
• 
  Local content: FG restates support for free zones

  The Federal Government says it will continue to support free zones operations in the country with a view to maximizing job- creation potential of such enterprises as well as facilitate trade and foreign direct investment. The Minister...

  • Posted June 6, 2014
  • 0
• 
  Again, Reps demand revenue details from NNPC, others

  The House of Representatives on Thursday asked the Nigerian National Petroleum Corporation to submit the details of revenue performance from 2011 till date to its Committee on Finance. It also ordered an investigation into the “true state...

  • Posted June 6, 2014
  • 0
• 
  PAAR: Customs, clearing agents disagree over duty charges

  Six months after the Nigeria Customs Service took over the management of the Destination Inspection scheme from three private sector service providers, importers and customs agents are still complaining about unexpected high duties. The hike in duty...

  • Posted June 6, 2014
  • 1
• 
  Confab committee seeks $1.2bn bailout for Ajaokuta steel

  The Chairman of the National Conference Committee on Science and Technology, Dr. Daniel Maddo, on Thursday in Abuja presented the report of the committee for consideration and adoption with a submission that the Ajaokuta Steel Complex required...

  • Posted June 6, 2014
  • 1
• 
  Nigeria has spent N370.8bn on settlement of PHCN workers – BPE

  The federal government yesterday said it had spent N370.8 billion on the payment of severance allowances to workers of the defunct Power Holding Company of Nigeria, PHCN. Martina Omojola, the Deputy Director, Labour Matters, Electricity Power Department,...

  • Posted June 6, 2014
  • 0