Clik here to view.
FAAC: FG, states, councils share over N593bn for October
Minister of Finance for State,Mr Bashir Yuguda, Mr Bashir Yuguda, the Minister of State for Finance, on Tuesday announced that federal, states and local governments had shared N593.33 billion revenue...
View ArticleClik here to view.
Heineken restates commitment in proposed NB/CB business combination
Heineken NV of the Netherlands on Tuesday restated its commitment to the proposed merger between Nigerian Breweries (NB) Plc and Consolidated Breweries (CB) Plc. The foreign core investor in both...
View ArticleClik here to view.
Oil Price fall: PENGASSAN, NUPENG criticise FG’s austerity measures
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has advised political office holders and politicians to prune the number of aides working with them. Comrade Francis...
View ArticleClik here to view.
CBN’s facility will boost power supply, says Emefiele
Governor of Central Bank of Nigeria (CBN), Mr Godwin Emefiele The Governor of Central Bank of Nigeria (CBN), Mr Godwin Emefiele, said on Tuesday in Abuja that the bank’s Nigeria Electricity Market...
View ArticleClik here to view.
Toyota to launch hydrogen fuelled car
Toyota Motors will start selling its first hydrogen fuelled car, the Mirai, in December, making it the first vehicle of this type produced in series to hit the market. The Mirai (meaning “future” in...
View ArticleClik here to view.
Why companies collapse, by expert
Registrar, Institute of Capital Market Registrars, Dr David Ogogo The Registrar, Institute of Capital Market Registrars, Dr David Ogogo, on Thursday identified fraudulent financial reporting as one of...
View ArticleClik here to view.
Rehabilitation work on Apapa/Oshodi expressway will end Jan. 2015 — Official
Mr John Ibe, the Director, South West, Federal Ministry of Works, said on Thursday that the rehabilitation work on the Apapa/Oshodi Expressway would be completed before January 2015. Ibe said this in...
View ArticleClik here to view.
Liberia’s economy to shrink this year due to Ebola—-Minister
Liberia Finance Minister,Amara Konneh Amara Konneh, Liberia Finance Minister, said the country would see its economy shrink by 0.4 per cent this year and 2015 could be even worse as a result of Ebola...
View ArticleClik here to view.
World’s biggest crane ship Pieter Schelte sets sail for Rotterdam
The world’s largest crane ship, which is capable of lifting oil rigs, has set sail from its shipyard in South Korea for Rotterdam Port in the Netherlands. The Pieter Schelte, which left South Korea on...
View ArticleClik here to view.
South African firm to begin vehicle financing early next year, says Jalal
As from the first quarter of next year, prospective buyers of vehicles made in Nigeria will have structured financing arrangement to enable them purchase them. The Director General of the National...
View ArticleClik here to view.
Fury as China unveils £14,000 copy of Range Rover: British company may take...
The hugely popular UK-designed ‘baby’ off-roader, the £40,000-plus Range Rover Evoque At first glance, the new car unveiled at a motor show appeared to be an updated model of the Range Rover Evoque....
View ArticleClik here to view.
Ex-ANAN President suggests ways out of oil price slump
Dr Samuel Nzekwu, former president, Association of National Accountants of Nigeria (ANAN), on Sunday urged the Federal Government to diversify the economy to meet the challenges of prevailing slump in...
View ArticleClik here to view.
MMIA cargo terminal to remain shut until agents comply with new procedures
The cargo shed of the Murtala Muhammed International Airport (MMIA), Lagos, would remain shut until cargo operators comply with new operational procedures that would not threaten national security...
View ArticleClik here to view.
Fashola presents 2015 budget proposal of N489.69bn
Gov. Babatunde Fashola of Lagos State on Monday presented a 2015 budget proposal of N489.69 billion to the state house of assembly for consideration. The News Agency of Nigeria (NAN) reports that the...
View ArticleClik here to view.
All eyes on CBN as MPC meeting ends Tuesday
The 241st Monetary Policy Committee (MPC) meeting of the Central Bank of Nigeria (CBN), which ends today, will be the focus of investors, financial market analysts and bankers. This all-important...
View ArticleClik here to view.
NSE delists 4 companies for flouting post-listing rules
The Nigerian Stock Exchange (NSE) on Tuesday said it had delisted four companies from its daily official list for non-compliance to post-listing requirements. This is contained in a statement by the...
View ArticleClik here to view.
Yuguda presents N127bn budget for 2015
Gov. Isa Yuguda of Bauchi state Gov. Isa Yuguda of Bauch State on Tuesday presented N127.89 billion as the 2015 budget to the state house of assembly. The News Agency of Nigeria (NAN) reports that the...
View ArticleClik here to view.
Sale of Banks: NUBIFIE urges AMCON to protect workers’ rights
The National Union of Banks, Insurance and Financial Institutions Employees (NUBIFIE) has urged the Asset Management Corporation of Nigeria (AMCON) to ensure protection of workers’ rights in the...
View ArticleClik here to view.
CBN announces naira devaluation
CBN Governor, Mr Godwin Emefiele The Central Bank of Nigeria (CBN) on Tuesday in Abuja announced devaluation of naira by N13 as part of measures the bank said were aimed at strengthening the nation’s...
View ArticleClik here to view.
NPA to enhance port service delivery via rail transportation —Official
The Nigerian Ports Authority (NPA) on Tuesday said it would enhance port service delivery by using the railway in cargo movement across Nigeria. The Manager, Lagos Port Complex, Apapa, Malam Nasir...
View Article