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All posts tagged "headline"

  • Substandard cylinders hinder gas development

    THE high incidence of substandard, unbranded and smuggled cylinders into the Nigerian market has deterred genuine importers of the product from investing in the business, thereby discouraging the use of Liquefied Petroleum Gas, LPG/cooking gas in the...

    • Posted October 9, 2013
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  • Adenuga assures Conoil shareholders of increased returns

    The Chairman, Conoil Plc, Dr. Mike Adenuga, has given an assurance to shareholders of the company that it will continue to grow despite challenges. According to a statement, which was made available to our correspondent on Sunday,...

    • Posted October 9, 2013
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  • FMDQ OTC will boost securities market – Aig-Imoukhuede

    The management of FMDQ OTC Plc has said it will work towards strengthening Nigeria’s fixed income securities market by promoting transparency and ensuring there is greater liquidity in the market. A statement, which was made available to...

    • Posted October 9, 2013
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  • Drought may hit Nigeria, others – World Bank

    The World Bank has said drought may hit some parts of Africa, including Nigeria, between now and 2015. In a report entitled: ‘Africa’s Pulse’, which was released in Abuja on Monday, the World Bank listed the other...

    • Posted October 9, 2013
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  • Dangote to chair World Economic Forum

    President, Dangote Group, Aliko Dangote, has been appointed a co-chair of next year’s annual meeting of the World Economic Forum in Davos-Kloster, Switzerland. The Executive Chairman, World Economic Forum, Prof. Klaus Schwab, in a letter inviting the...

    • Posted October 8, 2013
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  • Market Cap gains N15billion on Tuesday

    Transactions on the floor of the Nigerian Stock Exchange, NSE, ended Tuesday on a positive note as the market capitalisation of the listed entities gained N15 billion or 0.13 percent to closed at N11.754 trillion higher than...

    • Posted October 8, 2013
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  • Nigeria’s external debt service cost crashes by 16.67%

    The Debt Management Office (DMO) has reported a 16.67 per cent drop in the amount committed annually to servicing the nation’s external debt from $351.62 million in 2011 to $293 million in 2012. According to the DMO’s 2013...

    • Posted October 8, 2013
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  • Agro-processing exporters get N6.6b NEXIM lifeline

    Nigerian Export–Import Bank (NEXIM) says it has funded Agro-processing export businesses to the tune of 6.6 billion naira in the period August 2009 to April 2013, Similarly, the bank says it has provided N12 billion in lending to...

    • Posted October 8, 2013
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  • Mono product economies will remain vulnerable – World Bank

    The World Bank on Monday said that mono product economies, especially those dependent on oil, would remained vulnerable due to volatility of oil prices. Punam Chuhan–Pole, World Bank Lead Economist, made the observation while briefing African newsmen on African...

    • Posted October 8, 2013
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  • NCC to issue licences for fixed broadband services

    The Nigerian Communications Commission is in the process of splitting the country into territories for the purpose of issuing licences to operators who will provide fixed broadband coverage to subscribers. The Executive Vice Chairman, NCC, Dr. Eugene...

    • Posted October 8, 2013
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