All posts tagged "headline"
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Toyota recall: Toyota Nigeria to fix customers’ vehicles
There is reprieve for users of Toyota vehicles in Nigeria, who may be affected by some defects that necessitated the recent recall of 6.5 million vehicles by Toyota Motors Corporation (TMC), following a resolve by Toyota Nigeria...
- Posted April 20, 2014
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DMO to sell N50bn bond
The Debt Management Office on Thursday said it would sell bonds worth N50bn. The bonds comprise N25bn of three-year paper and N25bn in the 10-year paper. This is contained in the DMO March 2014 FGN bond offer...
- Posted April 20, 2014
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FG approves second quarter allocation for fuel importation
In its bid to address fuel scarcity experienced across the country, the Federal Government has approved and released supplementary first quarter, as well as second quarter allocations for the importation of Premium Motor Spirit by oil marketers....
- Posted April 20, 2014
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Tariff review may not revive steel companies – Stakeholders
Stakeholders in the steel industry have said that the recent review of tariff on imported steel materials and products may not necessarily revive some of the steel companies that are in comatose. The Federal Government had recently...
- Posted April 20, 2014
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NACCIMA, Namibian chamber sign MoU on trade
The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture and the Namibian Chamber of Commerce and Industry have signed a Memorandum of Understanding aimed at promoting mutual business cooperation between the two countries. A statement...
- Posted April 20, 2014
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CBN unveils guidelines for operating HoldCo
As part of efforts to sustain the growth of the banking sector, the Central Bank of Nigeria (CBN) yesterday unveiled guidelines for operating a Holding Company (HoldCo). The HoldCo structure, which was introduced in 2010, permits banks...
- Posted April 19, 2014
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Single-digit inflation outlook to boost fixed income investments
The single-digit inflation outlook in the country will generate further interest in Nigeria’s fixed income securities from both domestic and foreign investors, a report has stated. FSDH Merchant Bank Limited which stated this in its latest monthly...
- Posted April 19, 2014
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NNPC releases 293 million litres of petrol
The Nigerian National Petroleum Corporation and its downstream subsidiary, Pipelines and Products Marketing Company, on Thursday said 293,326,011 litres of petrol had been released into the market in a bid to ensure hitch free Easter celebrations across...
- Posted April 19, 2014
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Transcorp to raise $1bn to build power plants
Transnational Corporation of Nigeria Plc (Transcorp), which has interest in industries ranging from agriculture to oil, plans to raise as much as $1 billion to build power plants as it seeks to triple profit in 2014. “We...
- Posted April 19, 2014
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Over 1,000 delegates registered for World Economic Forum – Yuguda
The supervising Minister of National Planning (NPC), Mr. Bashir Yuguda, has said over 1,000 delegates from various countries have so far registered for the World Economic Africa (WEF Africa) scheduled to hold in Abuja next month. Several...
- Posted April 19, 2014