All posts tagged "headline"
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GTBank launches e-Commerce portal for SMEs
Guaranty Trust Bank Plc (GTBank) has launched an e-commerce portal for small and medium scale enterprises (SMEs) in the country. The portal tagged “The SME MarketHub” was unveiled in Lagos at the weekend. The e-commerce and business...
- Posted June 3, 2014
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CBN auctions N200bn treasury bills
The Central Bank of Nigeria (CBN) last week sold treasury bills worth N200 billion through its Open Market Operations (OMO) instrument. In fact, the central bank continued to mop up liquidity with the issuance of OMO bills...
- Posted June 3, 2014
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External reserves fall by $11.3bn
The nation’s external reserves have fallen by $11.3bn from $48.4bn in May last year to $37.1bn as of May 27 this year, representing a 23.3 per cent drop. The foreign reserves also declined by 2.62 per cent...
- Posted June 3, 2014
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Stock market soars by N13.4tn in 15 years under civilian government
The return to civilian rule in 1999 boosted the growth of the Nigerian stock market as its capitalisation soared by N13.473 trillion during the last 15 years of democracy, THISDAY checks have revealed. After years of military...
- Posted June 3, 2014
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FG orders patronage of made-in-Nigeria Stallion vehicles
President Goodluck Jonathan has given an order for government to patronise Made-in-Nigeria vehicles. He spoke at an event organised by the Stallion Group, makers of Nissan vehicles in Nigeria, to showcase the first five “Made-in-Nigeria” Nissan vehicles...
- Posted June 3, 2014
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PenCom introduces protective measures for CPS
The Acting Director-General, National Pension Commission, Mrs. Chinelo Anohu-Amazu, has said that the Contributory Pension Scheme has safeguard measures to protect the growing funds. She said this while making a presentation on the pension scheme as a...
- Posted June 3, 2014
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Power firms justify increase in tariff
Investors in the power firms have justified the June 1, 2014 increase in the electricity tariff announced by the Nigerian Electricity Regulatory Commission. They said electricity consumers would have been asked to pay far higher than what...
- Posted June 3, 2014
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Oil industry: FG rejects 2,208 expatriate quota applications
As the implementation of the expatriate quota in the oil and gas sector gets stricter, more foreign workers and those intending to come into the business are getting increasingly frustrated, STANLEY OPARA writes More expatriates working in the oil...
- Posted June 3, 2014
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SEC suspends Shalom Investment
The Securities and Exchange Commission has suspended Shalom Investment and Securities Limited from all capital market activities. In a notice of the decision, SEC said the suspension became effective on May 20 and affected all sponsored individuals...
- Posted June 3, 2014
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FG loses N1trn annual tax revenue to grants, inadequate salaries
Grants, tax holidays to corporates by the federal government and failure by many Nigerians to pay their taxes are costing the government about N1 trillion in valuable tax revenue annually, THISDAY findings have revealed. As a result,...
- Posted June 3, 2014