All posts tagged "headline"
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Nigeria’s debts are sustainable – DMO
There are concerns by Nigerians and other stakeholders over the nation’s debt profile. But the Director General of the Debt Management Office (DMO), Dr. Abraham Nwankwo, insists that Nigeria’s debts are sustainable as there is no fear...
- Posted August 5, 2013
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Bond funds worldwide suffer $1.6bn outflow — BoA
Bond funds worldwide suffered outflows of $1.6bn in the latest week as investors awaited signs from the Federal Reserve regarding its bond-buying stimulus, data from a Bank of America Merrill Lynch Global Research report showed Friday. Reuters reported...
- Posted August 4, 2013
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Customs intercept 3,263 bags of rice in Oyo
The Nigeria Customs Service, Oyo/Osun Command, said on Friday it had intercepted 3,263 bags of rice allegedly being illegally conveyed into the country via three articulated trucks. The Customs Area Controller of the Command, Mr. Richard Oteri,...
- Posted August 4, 2013
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Food security: Nigeria distributes cassava stems to farmers
Nigeria, in partnership with HarvestPlus, has commenced the distribution of pro-vitamin A cassava stems to farmers. A statement obtained from the International Institute of Tropical Agriculture on Friday said this was part of agricultural reforms aimed at...
- Posted August 4, 2013
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Nigeria, Cote d’Ivoire in railway development talks
There are indications that Nigeria and Cote d’Ivoire will work together to execute a number of transport infrastructural projects to speed up the economic development in the two countries. Already, the two nations have agreed to jointly...
- Posted August 4, 2013
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Lilypond Container Depot closes operations
The management of Lilypond Container Depot Nigeria Limited has announced its inability to continue operating its container depot in Ijora, Lagos, owing to poor patronage. A statement by the organisation on Friday stated that the Nigerian Ports...
- Posted August 4, 2013
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CBN urges Abia to leverage on cashless policy to grow IGR
The Abia State Government had been urged to take advantage of the cashless policy of the Central Bank of Nigeria (CBN) to grow the value of its Internally Generated Revenue. Speaking during an interactive session on the...
- Posted August 3, 2013
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Delta named ‘Best Flight Experience to Africa’ 2013
Delta Airline has been awarded ‘Best Flight Experience to Africa’ by Executive Travel Magazine’s readers for the second consecutive year. Delta won gold status, the highest level award, ahead of South African Airways and British Airways in...
- Posted August 3, 2013
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May & Baker posts N2.856b net profit, as Presco’s profit slips
Half year financial results ended June 30, 2013 of Presco and pharmaceuticals’ major, May &Baker Nigeria, were among results submitted to the management of the Nigerian Stock Exchange (NSE) on Thursday. May &Baker posted a profit after...
- Posted August 3, 2013
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FG sets up committee for private equity development
The Federal Government on Thursday inaugurated a committee to develop a framework for attracting private equity and venture capital in the country. The Minister of Industry, Trade and Investment, Mr. Olusegun Aganga, who inaugurated the committee in...
- Posted August 3, 2013