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All posts tagged "headline"

  • GENCOs: Banks eye N678bn investment

    Local and international banks are now jostling for the funding of N678bn  rehabilitation of power generation companies. This indication emerged on Friday as virtually all the nation’s banks are showing renewed interests in the power transformation project....

    • Posted December 16, 2013
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  • ExxonMobil sees 25% rise in oil demand

    Global oil demand will increase by 25 per cent by 2040 as new supplies, particularly from North America, meet the needs of a booming and energy-hungry population, United States  supermajor ExxonMobil said in its annual energy forecast....

    • Posted December 16, 2013
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  • FAAC: FG strategies with States on boosting IGRs

    As the persistent shortfall in revenue continue s to cut deep into the nation’s resources, the federal government has begun strategising with state governments on how to boost internally generated revenue (IGR). Addressing journalists shortly after the...

    • Posted December 15, 2013
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  • FG bans fish importation, prices already soaring

    Few weeks after the Minister of Agriculture and Rural Development, Mr. Akinwunmi Adesina, was honoured by Forbes magazine, more Nigerians have taken a swipe at his decision to place a ban on the importation of fish into...

    • Posted December 15, 2013
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  • Ex-Nigeria Airways employees protest in Kano

    Some former employees of Nigeria Airways in Kano on Saturday staged a peaceful protest over non-payment of their entitlements for 20 years. The protesters, who thronged their former office on Bank Road in Kano at about 2p.m.,...

    • Posted December 15, 2013
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  • Nigerians urged to embrace savings culture

    The Senior Vice-President/Divisional Head, Retail Banking, First City Monument Bank Limited, Mr. Olu Akanmu, has urged Nigerians to embrace savings culture. Akanmu stated this on Wednesday during the regional and zonal draws of the bank held in...

    • Posted December 15, 2013
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  • Chinese firms sign $733m cement deal in Nigeria, Myanmar

    Two Chinese firms, Sinoma and CITIC Heavy Industries, have agreed deals totalling $733m to produce cement in Nigeria and Myanmar, respectively, as they expand in emerging markets overseas. Reuters reported that Sinoma International Engineering Company Limited, a unit...

    • Posted December 15, 2013
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  • ASEA seeks more visible African exchanges

    The African Securities Exchanges Association has said it intends to enhance the visibility of African exchanges by making information about them more accessible. “For decades, information about African Exchanges was not available to investors, we intend to...

    • Posted December 15, 2013
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  • Market Cap loses N3billion on Friday

    Transactions on the last trading day of the week at the Nigerian Stock Market ended on a bearish note as the market capitalisation of entities on the main board lost by N3 billion or 0.02 percent to...

    • Posted December 14, 2013
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  • FirstBank attains ISO22301 Certification on Business Continuity Management

    In further demonstration of its leadership position in the Nigerian banking industry, First Bank of Nigeria Ltd has once again achieved yet another milestone by being the first banking institution in Nigeria to achieve the new international...

    • Posted December 14, 2013
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