All posts tagged "headline"

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  OPEC pumps 29.9mbpd of crude in October

  Crude oil production from the Organisation of the Petroleum Exporting Countries (OPEC) was unchanged at 29.93 million barrels per day (mbpd) in October following production of 29.91 million b/d in September, a just-released Platts survey of OPEC...

  • Posted November 19, 2013
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  Aviation crisis: Airlines lose passengers to road transporters

  Fewer passengers are now travelling by air, despite being the safest and fastest means of transportation. This is mostly as a result of the rising cases of air accidents, disappointments, near crashes and allegation of corruption rocking...

  • Posted November 19, 2013
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  Portfolio investment inflow declines by 4.4% ­­­­ — CBN report

  Portfolio investment inflow into Nigeria declined by 4.4 per cent from $6.82bn in the first quarter to $6.52bn in the second quarter of 2013, a new report by the Central Bank of Nigeria has shown. The report...

  • Posted November 19, 2013
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• First Bank supports education advancement

  First Bank of Nigeria Limited has expressed its commitment to education advancement in the country by holding the maiden edition of Future First, its career counselling and financial literacy initiative. The initiative, according to the Group Head,...

  • Posted November 19, 2013
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  Akpabio seeks protection for electronic payment platform

  Governor Godswill Akpabio of Akwa Ibom State has advocated measures to protect electronic payment platforms from the activities of fraudsters. He made this call in a keynote address delivered at the third annual conference of the Committee...

  • Posted November 19, 2013
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  NSE leads Capital Market operators to Global Trading Community Conference

  In line with the Nigerian bourse’s objective to improve the experience of doing business within the Capital Market, the Nigerian Stock Exchange (NSE) as an active member of the Financial Information Exchange (FIX) Protocol Trading Community led...

  • Posted November 18, 2013
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  Current Account balance declines 26.3% in Q2

  There are indications that a combination of factors including higher import bills and lower export earnings have begun to take their tolls on the nation’s current account balance, which fell by 26.3 per cent in the second...

  • Posted November 18, 2013
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  CBN moves to block information leakage

  Governor of the Central Bank of Nigeria (CBN), Mallam Sanusi Lamido Sanusi, is getting increasingly uncomfortable with the constant leakage of decisions taken at the bank’s board meetings to the public domain, THISDAY can reveal today. An...

  • Posted November 18, 2013
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  Honeywell invests N10bn in new mills

  Honeywell Flour Mills Plc said it has completed the expansion of its Apapa factory with two additional mills estimated at over N10bn, a statement said on Friday. The Executive Vice-Chairman of the company, Mr. Babatunde Odunayo, said...

  • Posted November 18, 2013
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  PenCom takes over undercapitalised PFAs

  To save the assets of workers and retirees under the management of the two Pension Fund Administrators that failed to meet the recapitalisation requirement of the National Pension Commission last year, the regulator has taken over the...

  • Posted November 18, 2013
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