All posts tagged "headline"

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  Total increases Technip’s $100m contract for Egina field

  Total Upstream Nigeria, a joint venture partner of the Nigeria National Petroleum Corporation, has awarded more contracts to Technip, a French company,  in a string of contract awards for the development of the $15bn Egina deep-water field...

  • Posted July 29, 2013
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  Transcorp, three others seek N32.47bn from capital market

  Transnational Incorporated Plc, Sterling Bank Plc and two other listed firms have secured the approval of the Nigerian Stock Exchange to raise about N32.47bn from the capital market. The other two companies, according to information obtained by...

  • Posted July 29, 2013
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  Manufacturers raise concern over charges on BoI loans

  Manufacturers Association of Nigeria, MAN Ikeja branch, has expressed concern over numerous charges their members are made to pay to secure the Bank of Industry, BoI, loans, calling for immediate review and possible reduction. Expressing this position...

  • Posted July 29, 2013
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  Why I am spearheading cash transfer intervention for women – Dangote

  Studies show that when women are supported and empowered, all of society benefits. Their families are healtheir, more children go to school, agricultural productivity improves and incomes increase. It is against this background that Dangote Foundation, a...

  • Posted July 29, 2013
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  Nigerian LNG exports gas

  A blockade on exports of liquefied natural gas (LNG) from Nigeria has been lifted following a partial resolution of a tax dispute between the gas firm and the maritime agency, the company said Friday. “As at today,...

  • Posted July 29, 2013
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  WEMA bank announces returns to profitability

  Wema Bank, Friday, announced its audited results for the financial year ended December 31, 2012 and also, its half year unaudited results for the period ended June 30, 2013. The results show an 18.3% increase in total...

  • Posted July 28, 2013
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  Nigeria’s total debt to China now N592b

  Following the $3 billion loan recently granted the Federal Government by China, during the visit of President Goodluck Jonathan for infrastructure development, the nation’s current debt to the Asian giant currently stands at N592.8 billion. Before then,...

  • Posted July 28, 2013
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  Nigerian Breweries, Guinness locked in poaching battle

  Rivalry between the two leading, alcoholic and non-alcoholic beverage makers, Nigerian Breweries Plc and Guinness Nigeria Plc, has heightened as they have shifted competitive edge to recruiting quality personnel needed to market their products and brands. Prior...

  • Posted July 28, 2013
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  Nigerians must benefit from $1bn Euro Bond – Sambo tasks DMO

  Vice President, Namadi Sambo has commended the Debt Management Office (DMO) for successfully floating the $1billion Euro Bond, and directed that proceeds from there should be channelled towards specific projects meant to touch the lives of Nigerians....

  • Posted July 28, 2013
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  CBN revokes licence of Express Discount House

  The Central Bank of Nigeria (CBN) Friday revoked the operating licence of Express Discount Limited (EDL) due to the inability of its shareholders to inject a minimum capital injection of N21 billion to enable the company continue...

  • Posted July 28, 2013
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