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All posts tagged "headline"

  • PFAs invest N609.8bn pension funds in shares

    By November last year, the Pension Fund Administrators had invested N609.8bn in shares, or about 15 per cent of the entire pension funds that stood at N4tn at the end of the 2013 financial period. According to...

    • Posted March 18, 2014
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  • Court orders returns of N7bn to NIMASA

    The Lagos division of the Court of Appeal last Friday ordered the return of the sum of N7 billion to the coffers of the Nigerian Maritime Administration and Safety Agency (NIMASA) in an appeal between the agency...

    • Posted March 18, 2014
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  • NCC alarmed over telecom equipment vandalisation

    THE Nigerian Communications Commission (NCC), yesterday, raised the alarm that vandalisation of telecommunication equipment across the country contributes negatively to quality and availability of services. Consequently, the Commission appealed to state governors  to assist in the passage of...

    • Posted March 17, 2014
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  • NNPC pumps additional 956m litres of petrol

    THE Nigerian National Petroleum Corporation, NNPC, weekend, said it has pumped additional 956, 501,315 million litres of premium motor spirit, petrol, to the market as part of efforts to restore normalcy to the fuel situation in the...

    • Posted March 17, 2014
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  • Nigeria earns $50bn from gas exportation in 15 years

    Nigeria has earned over $50 billion as proceeds from exportation of liquefied natural gas in the last 15 years, Managing Director and Chief Executive Officer of Nigeria LNG Limited, Mr. Babs Omotowa, has said. Omotowa, who disclosed...

    • Posted March 17, 2014
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  • UBA banks on electronic channel to drive financial inclusion policy

    With a commitment to serve and deliver quality services to customers and all its various stakeholders, United Bank for Africa Plc,(UBA) has introduced a diverse range of electronic banking products into the market which include the U-mobile...

    • Posted March 17, 2014
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  • Expectations as Alade-led monetary policy committee meets Monday

    There are expectations that when the monetary policy committee meets on Monday and Tuesday, the Sarah Alade-led committee may take some steps to rescue the naira and stabilise foreign exchange market. Although a section of the nation’s...

    • Posted March 17, 2014
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  • Manufacturers protest non-payment of grants

    Some manufacturing companies have complained about what they call the lopsidedness in the payment of the Export Expansion Grant. The affected manufacturers said they could be forced to lay off many of their workers if the grant...

    • Posted March 17, 2014
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  • NCAA grounds NNPC’s N4bn jet

    Aviation authorities have grounded a N4bn private jet belonging to the Nigerian National Petroleum Corporation, which overshot the Osubi Airport runway in Warri, Delta State, about a year ago. There are also indications that the aircraft with...

    • Posted March 17, 2014
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  • NEIMETH International Pharmaceutical set to build facility in Anambra

    Governor Peter Obi of Anambra state has said that  his administration attracted over N51 billion Naira  investment to the State within this first quarter. Governor Obi was speaking while performing ground breaking ceremony of a  Neimeth International...

    • Posted March 16, 2014
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