224 bids for crude oil lifting contract
The Nigerian National Petroleum Corporation (NNPC) on Thursday disclosed that 224 companies have submitted bids to be contracted for the lifting and sale of the corporation’s crude oil for the next one...
View Article52,803 HIV positive persons received anti-retrovirals (ARVs) in Lagos
The Lagos State AIDS Control Agency (LSACA) has stated that 52,803 HIV positive individuals are currently on Anti-retrovirals (ARVs). Disclosing this in Ikeja was the Chief Executive Officer of the...
View ArticleWe Are Re-positioning Culture and Tourism Sector, Minister Tells Senate...
From left: Senator Babajide Omoworare, the Chairman Senate Committee on Culture and Tourism, Senator Matthew Urhoghide, Senator David Umaru and the Minister of Information and Culture, Alhaji Lai...
View ArticleAfrican Exchanges Should Focus on Smaller Businesses
The African growth story is no longer a fairy tale. Over the past decade multinational companies, private equity funds and infrastructure development programmes have channeled capital to the...
View ArticleFMDQ Launches the Debt Capital Market Development Project
As an innovation-driven Exchange focused on revolutionising the Nigerian financial markets, FMDQ OTC Securities Exchange (FMDQ), following extensive consultations with stakeholders in the Nigerian...
View ArticleFCMB Group Records 168% Growth in Non-Interest Income in Q3’16 Results Due to...
Event: FCMB Group reports Q3 2016 results Implications: Negative market reaction likely Positives: 168% y/y growth in non-interest income largely due to fx gains Negatives: Pre-tax loss of -N2.1bn...
View ArticleEcobank Collaborates With NIBSS On New Mobile Payment Solution mCash
L-R; Chairman, Ecobank Nigeria, Mr. John Aboh; Group/CEO, Ecobank Transnational Incorporated (ETI), Mr. Ade Ayeyemi; Hon.Minister of Finance, Mrs. Kemi Adeosun; Chairman, Ecobank Transnational...
View ArticleN29.2b have been paid out through E-Dividend Platform-Says SEC
*As Demutulization of Share Certificates Records 98.9% Success Nigeria’ s Securities and Exchange Commission (SEC) on Friday said that between November 2015 to October, 2016 it has paid out a total of...
View ArticleMinistry To Present 3 Bills To National Assembly To Re-position Creative...
L-R: General Manager, Copyright Society of Nigeria, Mr Chinedu Chukwuji, Veteran Musician Ras Kimono, Fuji Music Maestro Sir Shina Peters, Kenny Saint Best, Minister of Information and Culture, Alhaji...
View ArticleBini lawyers forum flay Oshomhole, Deputy’s N300m pension benefits
A group of legal practitioners from Edo State under the aegis of Bini Lawyers Forum, has attacked the Edo State House of Assembly for approving N300million retirement homes for the immediate past...
View ArticleSEC is Sole approving authority for issuance of securities-Says FG
The Minister of Finance, Mrs. Kemi Adeosun, has stated that the sole responsibility for the supervision, regulation and approval of issuance of securities in the local market for Nigeria’s internal...
View ArticleAfter oil, returning Nigeria’s economy to growth
Nigeria was once poised as Africa’s largest economy – today it is not in the best form. The country is in a recession, largely due to the unpreparedness for the slide of the oil price, not creating a...
View ArticleI’ll Ensure Budget 2017 Is Not Padded – President Buhari
President Muhammadu Buhari has vowed that the distortions that happened to Budget 2016, in which series of projects and figures were injected into the financial document will not happen to budge...
View ArticleBuhari: Me, at war with Tinubu? Never, says ‘Asiwaju is a priceless asset’
President Muhammadu Buhari has dismissed rumours that he and the APC leadership are at odds with one of the party’s chiefs, Asiwaju Bola Tinubu, describing such rumours as unfounded and mischievous....
View ArticleInsecurity: Insurance Firms Impose N2.3trn Premium On Nigeria-bound Ships
Foreign and local ship owners as well as charterers entering Nigeria’s territorial and coastal waters are paying a whopping N2.3 trillion every year to foreign insurance companies to insure their ships...
View ArticleSouth Africa’s MTN Group plans expansion in Iran
MTN Group, Africa’s biggest mobile phone company, is planning to expand in Iran, from where it has only just managed to begin reptratiating profits. The move is part of MTN’s 10-year plan to cement its...
View ArticleMovement in Broad Money Supply – Increases by 8% between March and July 2016
Broad Money Supply has increased by N2,382,730.06 mln to move from N20,470,436.00 mln at the end of March 2016 to N22,182,187.60 mln at the of July 2016. It recorded a whopping N1,460,279.34 mln...
View ArticleOur reforms will ease pensioners’ hardships-Buhari
President Muhammadu Buhari Monday assured that his administration’s reforms will ensure that Nigerians who spent the productive years of their lives serving the nation will not experience difficulties...
View ArticleOnly tax payers will get international passports-FIRS
The Executive Chairman of the Federal Inland Revenue Service (FIRS), Mr. Tunde Fowler has said only Nigerians with payment evidence will be able to obtain international passports. Fowler made this...
View ArticleLufthansa cancels 1,700 flights due to pilots’ strike
Lufthansa is cancelling around 1,700 flights over the next two days due to a fresh strike by pilots in a long-running dispute about pay. Last week, the German carrier cancelled nearly 2,800 flights...
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