All posts tagged "headline"

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  $200m Eurobond excites Diamond Bank

  Diamond Bank Plc has expressed delight over the global acceptance that trailed its inaugural $200 million Eurobond last week. Commenting on the successful completion of the road show with international fixed income investors, the Group Managing Director/Chief...

  • Posted May 20, 2014
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  Why we’re restricting low-grade cement – SON

  The Standard Organisation of Nigeria (SON) has explained why the agency was restricting the use of low grade cement-the 32.5MPA- and urging manufacturers to commence the production of the high-grade 42.5MPA. Speaking at the just concluded Public...

  • Posted May 20, 2014
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  There’s excessive cash in the economy — CBN

  The Central Bank of Nigeria  has said  the nation runs a cash-based economy and this informed the central bank’s Cash-Lite Policy which aims to reduce the amount of cash in circulation. The Deputy Governor, Operations, CBN, Dr....

  • Posted May 20, 2014
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  NCAA alerts passengers on weather-related flight cancellations

  The Nigerian Civil Aviation Authority (NCAA) sunday appealed to intending passengers to exercise patience over flight cancellations or delays  due to adverse weather condition. The appeal was contained in a statement made available to  THISDAY by NCAA’s ...

  • Posted May 20, 2014
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  FG’s power delivery targets may lead to adjustments in NERC’s rules

  There are growing concerns among operators in the Nigeria’s Electricity Supply Industry (NESI), as to how the newly announced interim market rules of the Nigerian Electricity Regulatory Commission (NERC) will help advance the sector into the anticipated...

  • Posted May 20, 2014
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  Forte Oil, Ecobank added to MSCI Index

  Forte Oil Plc and EcoBank Transnational Incorporated have been included in the MSCI’s Frontier Market Index. MSCI is a leading provider of investment decision support tools to over 6,000 clients worldwide, ranging from large pension plans to...

  • Posted May 20, 2014
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  Jonathan may sign 2014 budget this week

  There are indications that President Goodluck Jonathan may sign the 2014 appropriation bill into law this week. The Senate had on April 9 passed the bill, raising the amount in the fiscal document from the N4.642tn submitted...

  • Posted May 20, 2014
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  Nigeria’s external sector prone to global shocks — CBN

  The Central Bank of Nigeria says the external sector of the economy remains vulnerable to global shocks due to increased exposure to short-term capital, rising external debt and high demand pressure that have resulted in the depletion...

  • Posted May 20, 2014
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  EFCC to quiz oil firms for pump manipulation

  The Economic and Financial Crimes Commission is to quiz the chief executive officers/managing directors of some oil firms involved in price racketeering  in the country. A top source at the anti-graft agency said on Monday that the...

  • Posted May 20, 2014
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  Flour Mills invests N220bn in agro-allied businesses

  Flour Mills Nigeria Plc said it has invested over N220 billion in its agro-allied businesses. The Group Managing Director of Flour Mills, Mr. Paul Gbededo who disclosed this at the at the 2014 Golden Penny Customers’ forum...

  • Posted May 20, 2014
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