All posts tagged "headline"

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  No agreement with ETI over N1.6bn debt – AMCON

  Asset Management Corporation of Nigeria, Thursday, said it is in advanced discussions with Mr. Kolapo Lawson, Chairman, Ecobank Transnational Incorporated, ETI, over the repayment of a N1.6 billion loan, and also debunked claims that it has reached...

  • Posted July 19, 2013
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  India’s chemical exports to Nigeria grows by 5.6%

  Exports of chemical  items from India to Nigeria have increased to about 5.6 percent from 2012 to 2013. Also, the total items covered under the purview of ChemExcil (Export Promotion Council, set up by Indian government) to...

  • Posted July 19, 2013
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  Excess Crude Account depleted by $7bn – Sanusi

  The Governor of the Central Bank of Nigeria, CBN, Mr. Lamido Sanusi yesterday raised the alarm on the Excess Crude Account, ECA, which he said had shrunk by $7 billion from the initial figure of $12 billion...

  • Posted July 18, 2013
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  Dangote embarks on road, immunisation projects

  Dangote Cement Plc, Ibese, has commenced the construction and rehabilitation of concrete roads in fourteen host communities within the Yewaland in Ogun State. Also Dangote Foundation, the Bill & Melinda Gates Foundation and the Kano State Government,...

  • Posted July 18, 2013
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  Interest rates cannot crash to single digit – Sanusi

  GOVERNOR of the  Central Bank of Nigeria, CBN Mallam Sanusi Lamido Sanusi has said there is need to re-visit the re-designing of the Naira to shore up the Nigerian economy. Also, the CBN Governor said the Excess...

  • Posted July 18, 2013
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  Foreign dominance of phone market worries FG

  The Federal Government is worried about the 100 per cent dominance of the mobile phone production and assembly market by foreign companies. As if that is not enough, 78 per cent of the market share of the...

  • Posted July 18, 2013
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  No deadline extension for power firm bidders – BPE

  The 14 preferred bidders for the power firms slated for privatisation will not get any extension for the payment of their bid prices except the National Council on Privatisation so directs, the Bureau of Public Enterprises has...

  • Posted July 18, 2013
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  Sanusi wants naira redesign revisited

  The Governor of the Central Bank of Nigeria, Mr. Lamido Sanusi, on Wednesday made a case for the revisit of the suspended naira redesigning project earlier proposed by the bank. Sanusi made the case when he appeared...

  • Posted July 18, 2013
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  Jaiz Bank capitalisation hits N13bn

  Jaiz Bank plc, Nigeria’s first non-interest bank has raised its authorized share capital to N13 billion and now has 10 branches after one and a half years of operation. The latest branch which was opened in Kastina...

  • Posted July 18, 2013
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  Mainstreet Bank lauds FG, commits N10bn to agric development

  Executive Director, Corporate and Investment Banking, Mainstreet Bank Limited, Mr. Roger Woodbridge, has commended the Federal Government (FG) for coming up with the Growth Enhancement Scheme (GES), which is designed specifically to provide affordable agricultural inputs like...

  • Posted July 18, 2013
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