All posts tagged "headline"
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We’ve not given Ajaokuta to foreign investors – Fayemi
The Federal Government on Wednesday said it had not conceded the control of the Ajaokuta Steel Company to any foreign firm, describing insinuations to that effect in some quarters as misleading. The government, which also expressed concern...
- Posted September 16, 2016
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Arik resumes operations, FG undecided on aviation sector palliatives
Air travellers avoided the ticketing and reservation counters of Arik Air on Wednesday despite the fact that the airline commenced skeletal operations in the afternoon at the Nnamdi Azikiwe International Airport Abuja. Arik, Nigeria’s largest commercial airline,...
- Posted September 16, 2016
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BPE advises power firms to borrow from abroad
The Acting Director-General of the Bureau of Public Enterprises, Dr. Vincent Akpotaire, has advised electricity companies carved out of the defunct Power Holding Company of Nigeria to borrow from foreign and local sources to improve electricity generation...
- Posted September 16, 2016
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20 stocks record losses as market appreciates by N22bn
Trading on the floor of the Nigerian Stock Exchange closed on a positive note on Wednesday, after the two-day public holiday declared by the Federal Government. The stock market appreciated by N22bn despite losses in 20 stocks....
- Posted September 16, 2016
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CBN tasks states to set up Bank of Industry
The Central Bank of Nigeria (CBN) has advised states without a Bank of Industry to facilitate the establishment of one in order to speed up industrialisation and other economic development across the country. The Assistant Director, Development...
- Posted September 15, 2016
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High port charges: Nigerian importers divert cargoes to neighbouring countries
Importers in Nigeria are now diverting cargoes to neighbouring countries to avoid undue restrictions at the country’s ports and high custom duties, a report has disclosed. The Chief Executive Officer of the Financial Derivatives Company Limited (FDC),...
- Posted September 15, 2016
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Global oil glut set to last till mid-2017 – IEA
A global oil glut that has hurt producers but means cheaper pump prices look set to go on at least six months longer than previously thought, the IEA said Tuesday, sending world oil prices slumping. The International...
- Posted September 15, 2016
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Access Bank wins double recognition
Access Bank Plc has been named Bank of the Year in this year’s edition of the annual BusinessDay Banking Awards. The Group Managing Director and Chief Executive Officer of the bank, Mr. Herbert Wigwe, was also voted...
- Posted September 15, 2016
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Delta woos investors with high returns
Governor Ifeanyi Okowa of Delta State has assured local and international investors of high returns on investment when they tap into the rich business opportunities in the state. The governor spoke in Lagos while delivering a lecture...
- Posted September 15, 2016
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Bello pledges 100,000 jobs for Kogi youths
The Kogi State Governor, Yahaya Bello, has said his administration plans to empower 100,000 youths in the state to prevent them from becoming hooligans and tools in the hands of politicians. Bello, who described his administration as...
- Posted September 14, 2016