All posts tagged "headline"
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Sanusi decries low level of financial literacy
The Governor of the Central Bank of Nigeria, Mr. Lamido Sanusi, has lamented the low level of financial literacy among Nigerians. He stated this at the second North East Economic Summit in Gombe. A statement by the...
- Posted December 5, 2013
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Forbes names Akinwumi Adesina African of the Year
The Minister of Agriculture and Rural Development, Dr. Akinwumi Adesina, has been named Forbes African of the Year for his reforms in the country’s farming sector. A report by Reuters quoted Forbes Africa’s Editor, Mr. Chris Bishop, as saying,...
- Posted December 5, 2013
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FG supports power generating firms with N50bn
The Federal Government on Tuesday endowed N50bn in escrow accounts of three Nigerian banks to support the efforts of power generation companies. The Director-General, Bureau of Public Enterprises, Mr. Benjamin Dikki, who signed the agreement with the...
- Posted December 5, 2013
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Customs take over destination inspection from Cotecna, others
The Federal Government has approved the transition of destination inspection service from scanning service providers to the Nigeria Customs Service. The move, according to a statement issued by the Ministry of Finance on Tuesday, followed the expiration...
- Posted December 5, 2013
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NSE: Overall investors net worth grew by 3.45% in November
Investors net worth on the Nigerian Stock Exchange (NSE) appreciated by 3.45 per cent for the month of November, up from the 2.84 per cent achieved in October 2013. The News Agency of Nigeria (NAN) reports that...
- Posted December 4, 2013
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FG provides N50 billion to assist new power generating companies
The Director-General, Bureau of Public Enterprise (BPE), Mr Benjamin Dikki, on Tuesday said the bureau provided N50 billion to the new owners of the country’s power Generating Companies (Gencos). Dikki made this known at the signing of...
- Posted December 4, 2013
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CBN refunds N10bn arbitrary charges to customers
The Central Bank of Nigeria (CBN), announced on Tuesday that it had refunded N10 billion to commercial bank customers between 2012 and September 2013. Mr Ibrahim Hassan, Assistant Director, Consumer Protection Department of CBN, announced this on...
- Posted December 4, 2013
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2014 Budget: Reps recommend 79 dollars per barrel as oil price benchmark
The House of Representatives on Tuesday resolved to retain 79 dollars per barrel as the bench mark for the oil price for the 2014 budget. The Deputy Chairman of the House Committee on Media and Public Affairs,...
- Posted December 4, 2013
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Electricity bill payment not suspended – NERC
The Nigerian Electricity Regulatory Commission (NERC) has said the payment of electricity bills by consumers nationwide was never suspended in the newly privatised power sector. Chairman of the Commission Dr. Sam Amadi stated this during a meeting...
- Posted December 4, 2013
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Investors reap N104bn from one week profit taking on NSE
Investors’ sustained appetite for capital gains on the Nigerian Stock Exchange (NSE) last week impacted negatively on the overall value of listed equities and bonds. At the end of the weekly transactions, the market capitalisation of the...
- Posted December 4, 2013