All posts tagged "headline"

• 
  Power generation drops by 431MW

  Power generation dropped to 3,674 megawatts on Saturday, May 24, 2014 from the peak of 4,105MW recorded last month, representing a 10.49 per cent drop. This information was contained in the Daily Operational Report of the Transmission...

  • Posted May 27, 2014
  • 0
• 
  Stakeholders refute claim of substandard cement

  The Chief Executive Officer, Lafarge Cement WAPCO Nigeria Plc, Mr. Joe Hudson, has said that there is no substandard cement in the country, contrary to the claim that the product is responsible for the increasing cases of...

  • Posted May 27, 2014
  • 0
• 
  Infrastructure Bank recovers 95% mass transit loans

  The Infrastructure Bank Plc has said it has recovered 95 per cent of the N10.5bn loans it granted under the first phase of the Public Mass Transit Revolving Fund. The Managing Director of the bank, Mr. Adekunle...

  • Posted May 27, 2014
  • 0
• 
  Insurers earn N28.68bn from CI

  The Commissioner for Insurance, Mr. Fola Daniel, said that the insurance industry earned N28.68bn from compulsory insurance products in 2012. “Considerable progress was equally recorded in the volume of premium written under this class of insurance during...

  • Posted May 27, 2014
  • 0
• 
  Senate demands explanation on N174bn aviation debt

  The Chairman, Senate Committee, on Aviation, Senator Hope Uzodinma, on Monday, demanded  full explanation on the huge debt profile  of N174bn   owed to contractors   by the Ministry of Aviation from the Supervisory Minister, Mr Samuel Ortom.. Apparently...

  • Posted May 27, 2014
  • 0
• 
  Ports: Fresh moves to achieve 48-hour cargo clearance begin

  After several years of efforts by successive administrations to achieve 48-hour cargo clearance at the nation’s seaports without success, the federal government, through the Ports Economic Regulator, is making new moves to ensure that importers can clear...

  • Posted May 26, 2014
  • 0
• 
  MPR: Favourable indices build confidence in CBN

  The Central Bank of Nigeria’s Monetary Policy Committee for the first time in a long while, did not tinker with the monetary policy rates at its meeting last week, citing the prevailing regime of favourable indices as...

  • Posted May 26, 2014
  • 1
• 
  Access Bank, Friends Africa galvanise global support to boost healthcare

  By successfully staging the Africa Health Innovation Meeting on the sidelines of the just concluded World Economic Forum (WEF) on Africa, Access Bank Plc, Friends Africa and the Global Fund have no doubt enlisted African health, particularly...

  • Posted May 26, 2014
  • 1
• 
  Improved financial inflows raise current account surplus by 47%

  The Central Bank of Nigeria (CBN) has disclosed that improved financial inflows (home remittances) from Nigerian in Diaspora raised the profile of current account surplus in the fourth quarter of 2013 to $5.38 billion, a 47.5 per...

  • Posted May 26, 2014
  • 0
• 
  FG saves N300bn from crude oil sale

  The Federal Government has begun moves to increase the Excess Crude Account following massive depletion of the account within the last two years. It was learnt that the move was necessitated by the need to shore up...

  • Posted May 26, 2014
  • 0