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All posts tagged "headline"

  • Julius Berger’s shareholders set for dividend, bonus Issue

    Julius Berger Nigeria Plc last week held its yearly investors forum in Lagos where the management engaged the leadership of the various shareholders associations on developments within the company in the past one year, with the highlights...

    • Posted May 19, 2014
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  • CBN, NDIC lay ambush for failed banks’ debtors again

    The fresh attempt by the Central Bank of Nigeria and the Nigerian Deposit Insurance Corporation to blacklist chronic debtors of closed banks will reduce the default rate and make credit available in the banking system, but the...

    • Posted May 19, 2014
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  • Nigeria recorded $24.12b 2014 Q4 net inflow – CBN report

    Data from the Central Bank of Nigeria (CBN), shows that at the end of the 2014 fourth quarter, the nation recorded $35.34 billion total foreign exchange inflows to the economy, a drop of 8.2 per cent, when compared...

    • Posted May 19, 2014
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  • Nigeria touted to become world’s bread basket

    A new report released at the Grow Africa Investment Forum held during the just-concluded World Economic Forum on Africa (WEFA) has disclosed that seed companies indigenous to Africa, that are participating in a programme to offer high-yield crop...

    • Posted May 19, 2014
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  • Major monetary policy shift ruled out at MPC meeting

    Nigerian monetary policy will tomorrow enter a crucial stage in the tenure of the Acting Governor of the Central Bank of Nigeria, Mrs. Sarah Alade, as members of the apex bank’s Monetary Policy Committee converge on Abuja...

    • Posted May 19, 2014
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  • Analysts weigh implications of Caverton’s entry into Capital Market

    The listing of 3.35 billion shares at N9.50 per unit of Caverton Offshore Support Group on the Nigerian Stock Exchange (NSE) on Tuesday will help the company not only to develop its business model but to also...

    • Posted May 19, 2014
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  • FG to support broadband with N1.5bn

    The Federal Government will provide subsidy to telecommunications operators to enable them to roll out 20,000km of optic fibre cable in underserved areas of the country between 2014 and 2015. The Minister of Communication Technology, Mrs. Omobola...

    • Posted May 19, 2014
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  • Banks panic over power firms’ loans

    Some of the recently privatised power firms may not be able to meet their loan obligation to the banks that financed the privatisation process following losses being recorded in their operation, top industry sources have said. The...

    • Posted May 19, 2014
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  • NCS implements new vehicle import tarrif

    The Tin-Can  Command of the Nigerian Customs Service says it has started implementing the 35 per cent duty on imported vehicles as directed by the Federal Government. In a statement signed by the command’s Public Relations Officer,...

    • Posted May 19, 2014
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  • AEPB spends N3.6bn on waste stations, trucks

    The sum of over N3. 6 billion has been expended by the Federal Capital Territory Administration on the construction of three solid waste transfer stations. The Acting Director of the Abuja Environmental Protection Board (AEPB) Mrs. Aishat...

    • Posted May 19, 2014
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