All posts tagged "headline"

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  NSE Lists Ekiti, Nasarawa N10bn Bonds

  The Nigerian Stock Exchange (NSE) last Friday listed the  Ekiti State N5 billion 14.5 per cent fixed rate due 2020 and  the Nasarawa State N5billion 15 per cent  fixed rate bond due January 6, 2021. The Ekiti...

  • Posted May 6, 2014
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  CBN bans bank debtors from new loans

  The Central Bank of Nigeria has banned debtors of closed banks with non-performing loans of a maximum of N250m from accessing new facilities in any Deposit Money Banks in the country. The Managing Director/Chief Executive Officer, Nigeria...

  • Posted May 6, 2014
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  Nigeria records $6.61bn Forex outflow

  The total outflow of forex from the country in February 2014 has been put at $6.61 billion. Similarly, the provisional data of the Central Bank of Nigeria (CBN) indicated that forex inflow through the central bank in...

  • Posted May 6, 2014
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  Market operators await implementation of waivers on VAT, stamp duties

  One year and five months after President Goodluck Jonathan approved waivers and incentives to  boost capital market activities, some of those waivers are yet to be implemented, THIISDAY checks have revealed. As part of efforts to revive...

  • Posted May 6, 2014
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  Fidelity Bank to establish 26 more branches

  Fidelity Bank Plc has received the approval of the Central Bank of Nigeria to establish 26 new branches across the country. The Managing Director/Chief Executive Officer of the bank, Mr. Nnamdi Okonkwo, said this in Uyo on...

  • Posted May 6, 2014
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  AMCON’s debt could cause economic instability — Report

  A new study has concluded that the Asset Management Corporation of Nigeria’s estimated debt at N3.9tn could be a source of macroeconomic instability for the country. AMCON was set up by the Federal Government to acquire the...

  • Posted May 6, 2014
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  Flight delay: NCAA summons Arik Air

  The Nigerian Civil Aviation Authority has summoned the management of Arik Air to a meeting over the alleged poor treatment of passengers on its flights in recent times. The NCAA, in a statement on Sunday, accused the...

  • Posted May 6, 2014
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  $1bn 450MW plant’s construction begins in June

  The construction of the 450 Megawatts Azura-Edo Independent Power Plant will commence on June 30, 2014, the Co-founder and Joint Managing Director Azura Power Holdings, Dr. David Ladipo, has said. Seplat’s Oben Gas Plant will supply the...

  • Posted May 6, 2014
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  N4trn Pension Fund not under threat – PenCom

  The National Pension Commission (PenCom) has described as baseless the insinuation that the federal government has approved the withdrawal of men of the Nigeria Police Force (NPF) from the Contributory Pension Scheme (CPS). The regulator also assured...

  • Posted May 6, 2014
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  Nigeria, South Africa, Egypt account for half of Africa’s economy — World Bank

  Nigeria, South Africa and Egypt account for about half of the African economy says new data released by the World Bank Group last week. The report which ranked global economies on the basis of the strength of...

  • Posted May 5, 2014
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