All posts tagged "headline"

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  New domestic airline to cut airfares

  A new entrant to the crisis-ridden domestic airline industry, Azman Airlines, on Thursday commenced operations with a promise to cut airfares in order make air travel affordable to many. The airline said it was beginning air services...

  • Posted May 18, 2014
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  Nigeria to stop exporting raw materials – NEPC

  The Executive Director and Chief Executive Officer, Nigeria Export Promotion Council, Mr. Olusegun Awolowo, has said Nigeria will soon take a decision about stopping the export of raw materials. According to him, the decision will increase the...

  • Posted May 18, 2014
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  Cash-less policy: PoS transactions rise to N24bn

  The Central Bank of Nigeria said that the Point-of-Sale transactions rose from N99.6m in January 2012 to N24bn as of April 2014. It noted the PoS deployment had also increased from 5,000 in 2010 to 153,167 as...

  • Posted May 18, 2014
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  Toyota Nigeria’s MD steps aside

  The Managing Director of Toyota (Nigeria) Limited (TNL), Mr. Chandrasheker K. Thampy stepped aside in a recent management restructuring, the company has said. The company, in a statement said, “He, however, remains a member of the board...

  • Posted May 18, 2014
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  CBN explains directive on trapped ATM cards

  The Central Bank of Nigeria (CBN) Thursday shed more light on its directive to banks to render payment cards trapped in their Automated Teller Machines (ATMs) ineffective by perforating them before returning same to the issuing bank....

  • Posted May 18, 2014
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  Consolidated Breweries’ shareholders approve N917m dividend

  Shareholders of Consolidated Breweries Plc  Friday approved the  N917.732 million recommended by the board for year ended December 31, 2013. The dividend translated into N1.85 per share for the  shareholders whose names on  the register of  the...

  • Posted May 18, 2014
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  Dangote Sugar records 5.6% rise in PAT

  Dangote Sugar Refinery Plc has declared a profit after tax of N4.274bn for the three-month period ended March 31, 2014. The figure represents a 5.62 per cent increase on the N4.047bn the company posted for the corresponding...

  • Posted May 18, 2014
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  Operators project six million international passengers in 2014

  Passenger movement for international air travel has been projected to rise to six million from over four million recorded in 2013. The factor adduced to the massive leap include the growth of Nigeria’s economy in the last...

  • Posted May 18, 2014
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  Nigeria’s commodity market defies rational economic principles – Owofemi

  The Managing Director of Multi-Trex Integrated Foods Plc, Mr. Dimeji Owofemi, who spoke with journalists recently, says by not creating the right environment for private enterprises, the government is giving incentive to laziness. AKINPELU DADA was there How would say...

  • Posted May 18, 2014
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  PAN resumes operation in Nigeria in June

  Managing Director and Chief Executive of Peugeot Automobile Nigeria (PAN), Alhaji Ibrahim Boyi, yesterday in Abuja stated that the company would resume operations in the country next month. Boyi dropped the hint when he led the management...

  • Posted May 18, 2014
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