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All posts tagged "featured"

  • BEDC to publish power availability schedule

    In view of prevailing electricity generation limitations nationwide, Benin Electricity Distribution Plc (BEDC) will soon commence the publication of power availability schedule for customers in its franchise areas of Edo and Delta states. Managing Director/Chief Executive Officer...

    • Posted June 28, 2017
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  • Zero oil economy: NEPC seeks ECOWAS trade corridor

    The Nigerian Export Promotion Council (NEPC) is seeking for a platform for trade and investment along the ECOWAS trade corridor to facilitate exports from Nigeria to West African countries. This came to the fore when the new...

    • Posted June 28, 2017
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  • CBN’s intervention in forex market temporal – Prof. Nwaekeaku

    Prof. Charles Nwaekeaku of Nassarawa State University, says the Central Bank of Nigeria’s (CBN) interventions in the Foreign Exchange Market (FOREX) is a temporary relief. Nwaekeaku, a lecturer at the Pubic Administration Department, told the News Agency...

    • Posted June 27, 2017
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  • Customs generates N239.4bn in first quarter

    The Nigerian Custom Service generated a total sum of N239.4bn in the first three months of this year, figures obtained from the Federal Ministry of Finance have revealed. The amount is contained in a document obtained by...

    • Posted June 27, 2017
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  • Nigeria to surpass Ghana in annual yam export – Minister

    The Federal Government says it is strategising to surpass Ghana in the export of yam to Europe and other continents. Chief Audu Ogbeh, the Minister of Agriculture and Rural Development, said this when he received the Technical...

    • Posted June 27, 2017
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  • Investors dump banking stock as equity loses N311bn

    Investors in the equity market of the Nigerian Stock Exchange (NSE) rushed to dump shares of the banking sector following the deadlock discussions with Etisalat Nigeria to restructure over $1.2 billion (N541 billion) loan, leading the market...

    • Posted June 23, 2017
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  • Oil price hits 7-month low at $45.5

    A renewed slump in oil prices to seven-month lows dragged down world stocks and long-term bond yields on Wednesday, as bets that global inflation and interest rates will stay lower for even longer began to build again....

    • Posted June 23, 2017
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  • SEC commends DMO, CBN, PENCOM on N100bn Sukuk offering

    The Securities and Exchange Commission (SEC) has commended the Debt Management Office (DMO) on arrangements to issue the maiden N100.0 billion Sukuk in the Nigerian Capital Market. In a statement by SEC said the offer is, “a...

    • Posted June 23, 2017
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  • NCX: BPE gives Lead Capital 60-day deadline

    The Bureau of Public Enterprises (BPE) has given Lead Capital Consortium a 60-day deadline to conclude the strategic equity investment by the National Sovereign Investment Authority (NSIA) into the Nigeria Commodity Exchange (NCX). The Director-General, Mr. Alex...

    • Posted June 23, 2017
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  • Nigeria loses N140bn weekly to Apapa gridlock – Dangote

    The President, Dangote Group, Aliko Dangote, has lauded the decision of the Federal Government to reconstruct the failed Apapa Wharf Road as its grim state serves as both an embarrassment to the country and a huge loss...

    • Posted June 22, 2017
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