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All posts by BusinessNews Staff

  • Expert seeks retention of current MPR

    AHEAD of tomorrow’s meeting of the Monetary Policy Committee (MPC), analysts have called on the Central Bank of Nigeria (CBN) to leave the Monetary Policy Rate (MPR) unchanged at 6.5 per cent, until broad-based macroeconomic stability has...

    • Posted March 22, 2011
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  • Govt extends deadline for supply of fertiliser for 2010 farming season

    THE Federal Government has approved a 45-day extension for contractors supplying it fertiliser for the 2010 farming season, to execute the contract. The new deadline to supply the fertiliser is April 14, instead of the original February...

    • Posted March 22, 2011
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  • Council to reposition agric sector for job creation, food security

    THE National Council on Agriculture is to review developments in the sector, with a view to repositioning it for improved job creation and enhanced national food security. The Permanent Secretary, Federal Ministry of Agriculture and Rural Development,...

    • Posted March 22, 2011
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  • School sues Bank PHB over loan facility

    A LAGOS-BASED school, The White Dove School, has instituted a case against Bank PHB before a Lagos High Court sitting in Igbosere over an alleged uncoordinated and unprofessional handling of N280 million loan facility the school borrowed...

    • Posted March 22, 2011
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  • Access Bank secures China EximBank’s $30m facility

    ACCESS Bank has been granted a $30 million (N4.5 billion) trade finance facility by the Export-Import Bank of China (China EximBank), which covers letters of credit and export credit guarantee. Access Bank’s strategic partnership with the China...

    • Posted March 22, 2011
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  • Expert outlines export potentials of agric

    A NIGERIAN with years of experience in private sector-led export promotion has described the place of Nigeria in export market, particularly in agricultural export, saying, “in terms of potentials, only few countries in the world can match...

    • Posted March 22, 2011
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  • Govt reiterates commitment to livestock development

    IN line with best global practices in maintaining the health of the national herd for food security, the Federal Government has reiterated its commitment to fully develop livestock sub sector through the development of infrastructure in the...

    • Posted March 22, 2011
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  • NNPC unfolds post transformation agenda

    A LIST of projects embedded in the agenda of the Nigerian National Petroleum Corporation (NNPC) under its post – transformation era, has been unveiled. The Group Managing Director, NNPC, Austine Oniwon rolled out the profile of the...

    • Posted March 21, 2011
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  • C&I Leasing to float N10b bond, bags two ratings

    AGUSTO & Co, a leading rating agency in Nigeria and Global Credit Rating Co. (GCR), have both affirmed respectively the Bbb + rating and both A and BBB ratings on C& I Leasing, even as the firm...

    • Posted March 21, 2011
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  • Nigeria pushes for higher OPEC quota

    THE Federal Government has concluded plans to place a fresh application, seeking review of the country’s oil export quota from Organisation of Petroleum Exporting Countries (OPEC). The move was sequel to the relative peace experienced in the...

    • Posted March 21, 2011
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