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All posts tagged "headline"

  • Inflation rate fell to 8% in September – NBS

    The rate of inflation in the country fell to eight per cent in September from 8.2 per cent in the previous month, the National Bureau of Statistics has said. In its Inflation/Consumer Price Index report made available...

    • Posted October 18, 2013
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  • Imported cars: Reps differ on higher tariff policy

    Two members of the House of Representatives on Wednesday held opposing views on the Federal Government’s decision to raise tariff payable on cars imported into the country. The new tariff regime, fallout of the government’s Automotive Industrial...

    • Posted October 18, 2013
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  • Electricity workers threaten shut down of power supply

    Fears that workers of the Power Holding Company of Nigeria, PHCN, may not get severance benefits before the assets of PHCN are handed over to the new owners heightened yesterday as the National Union of Electricity Employees,...

    • Posted October 18, 2013
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  • Traders decry local market incursion by foreign traders

    Traders under the auspices of Traders’ Rights Protection Initiative have decried the negative impact resulting from increasing influx of foreigners and their goods into Nigerian markets. The association made this known through its National Coordination, Comrade Christopher...

    • Posted October 18, 2013
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  • Shipowners decry FEC’s involvement in Cabotage Fund disbursement

    THE Nigerian Ship-owners Association (NISA) has decried the involvement of the Federal Executive Council (FEC) in approving the disbursement of Cabotage Vessel Financing Fund (CVFF) to intended beneficiaries. Speaking at the House of Representative Ad- hoc Committee...

    • Posted October 18, 2013
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  • FG concessions 33 silos, saves N100bn

    The Federal Government is to save N100bn from the concession of 33 silo complexes in 32 states of the federation including the Federal Capital Territory, the Minister of Agriculture and Rural Development, Dr. Akinwunmi Adesina, has said....

    • Posted October 17, 2013
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  • SON meets electrical dealers over substandard bulbs

    Standards Organisation of Nigeria (SON) will be meeting with the Electrical Dealers Association of Nigeria and the General Electrical Dealers Association at the Alaba International Market in Lagos on Saturday. Dr. Joseph Ikem Odumodu, Director-General SON, told...

    • Posted October 17, 2013
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  • PFAs invest N195.34bn pension funds in real estate

    A total of N195.34bn out of the assets under the Contributory Pension Scheme  has been invested in the real estate sector by Pension Fund Administrators, investigation has shown. Also, as part of ongoing efforts at enhancing contributors’...

    • Posted October 17, 2013
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  • N18.5bn debt: AMCON to take over TINAPA

    The Asset Management Corporation of Nigeria is to take over the management of Tinapa Business Resort following a settlement agreement with the Cross River State Government for the transfer of its controlling interest. By the agreement, AMCON...

    • Posted October 17, 2013
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  • WAICA Re builds capacity on marine, aviation risks

    WAICA Reinsurance said it has concluded plans to develop marine and aviation insurance in its training programme. The company said the move is part of efforts to address the challenges in underwriting marine and aviation in the...

    • Posted October 17, 2013
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