All posts tagged "headline"

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  We won’t compromise cement quality – Dangote

  The Dangote Group has said it will not compromise on the quality of its products, including cement. The company stated this in a statement on Sunday against the background of the ongoing debate on the appropriate quality...

  • Posted February 18, 2014
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  600 microfinance banks face shutdown

  About 600 of over 800 microfinance banks in the country may be closed down soon by the Central Bank of Nigeria unless they merge within the next few months, investigation, by our correspondent has shown. Some CBN...

  • Posted February 17, 2014
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  CBN is right in withdrawing N1trillion public sector funds – Professor Ekpo

  The new monetary policy by the Central Bank of Nigeria (CBN) increasing Cash Reserve Requirement (CRR) from 50 per cent to 75 per cent for the deposit banks has sparked  a row  in the financial sector. While...

  • Posted February 17, 2014
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  Plateau poultry farmers to access CBN N220bn loan

  Mr Julius Gusan, Chairman, Plateau Poultry Farmers Association (PAN), said on Sunday that farmers in the state would access the Central of Bank’s (CBN) Micro, Small and Medium Enterprise Fund. Gusan told the News Agency of Nigeria...

  • Posted February 17, 2014
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  Delta IPP to contribute 150MW to national grid

  Governor Emmanuel Uduaghan of Delta State says the state’s Independent Power Plant will be inaugurated by the end of the year. A statement on Friday said the IPP would target a national grid contribution of between 120...

  • Posted February 17, 2014
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  Total appoints first female MD for Nigerian operations

  International Oil Company, Total, has appointed the first female Managing Director to run its Nigerian operations. The company, in a statement on Friday, named Mrs. Elisabeth Proust as the Managing Director/Chief Executive of the Total upstream companies...

  • Posted February 17, 2014
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  Foreigners invested N1tn in NSE last year — Report

  The total amount of foreign portfolio investment in the Nigerian Stock Exchange last year stood at N1.042tn. The amount, which indicates the total inflow and outflow of FPI from January to December 2013, is N234bn or 29...

  • Posted February 17, 2014
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  SMEDAN, Senator dole out N33m to 650 Aba artisans

  No fewer than 650 artisans in Aba, Abia state, have received cash grants of N33million to set up small scale enterprises. The grant, according to a statement in Abuja on Sunday, was facilitated by Senator Enyinnaya Abaribe...

  • Posted February 17, 2014
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  First-class central bank impossible in a rotten environment —Sanusi

  The Governor, Central Bank of Nigeria, Mr. Lamido Sanusi, was the guest lecturer at the Udo Udoma & Belo-Osagie’s 30th anniversary lecture in Lagos. He spoke on the problems with the economy and his vision for the...

  • Posted February 16, 2014
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  Manufacturers urged to cut internal operational cost for competitiveness

  MANUFACTURERS in the country have been called upon to reduce the internal cost of their operations for growth and competitiveness. The Chief Executive Officer, Gold Elsh Unic Services, Mr. Olukunle Taiwo, made the call during a sensitization...

  • Posted February 16, 2014
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