Economy Archives — Page 209 of 230

March 21, 2017 No Responses

Promotion Arrears: Labour vows to paralyse Govt activities

Organised Labour under the aegis of Association of Senior Civil Servants of Nigeria (ASCSN) has threatened to shut down activities of Ministries, Departments, and Agencies (MDAs) at the Federal level “unless the Government takes urgent steps to pay promotion arrears,...

March 21, 2017 No Responses

Adeosun: FG complied with rules in disbursement of Paris club refunds

The Federal Government has consistently complied with all extant rules and regulations in the disbursement of Paris Club refunds to State Governments, the Minister of Finance, Mrs. Kemi Adeosun, has said. The minister also reaffirmed the commitment of the g...

March 20, 2017 No Responses

Labour implores FG on N500b Paris club refund to states

The Trade Union Congress of Nigeria (TUC) has urged the Federal Government to tie the N500b London-Paris Club refund about to be released to state governments to projects to avoid a repeat of what happened when the first tranche of...

March 20, 2017 No Responses

NSE partners Access Bank to celebrate global money week

Consistent with its commitment to promote financial literacy and inclusion in Nigeria, the Nigerian Stock Exchange (NSE) in collaboration with Access Bank Plc is to commemorate the 2017 Global Money Week. Titled: ‘Learn. Save. Earn’ with a series of educat...

March 18, 2017 No Responses

2016: Transcorp Hotels declares N4.5b profits, 40k dividend

Transcorp Hotels Plc has announced a profit after tax of N4b at its 3rd Annual General Meeting which took place at Transcorp Hilton Abuja. At the meeting, the Shareholders according to a statement, commended the management and staff of the...

March 18, 2017 No Responses

Elumelu in Ghana, explains Africapitalism to youths

Tony Elumelu visited Ghana as the first stop of his UBA tour of Africa, propagating the ideal of Africapitalism. In continuation of his strategic vision of engineering a robust economic and business relationship across the continent through Africapitalism as...

March 17, 2017 No Responses

DMO issues more bonds

The Debt Management Office (DMO) has issued more bonds than originally planned at an auction after slowing inflation rate helped it offer debt at lower yields. The DMO said it raised N160 billion at an auction on Wednesday, N30 billion...

March 15, 2017 No Responses

EFCC intercepts N49m at Kaduna Airport

Following a tip off, operatives of the Economic and Financial Crimes Commission (EFCC), Kaduna zonal office, on Tuesday, March 14, 2017 intercepted a sum of N49million in five large black 150kg colored BUHU sacks. EFCC head, Media & Publicity, Wilson...

March 14, 2017 No Responses

Buhari to Osinbajo: Head delegation on Niger Delta crisis

President Muhammadu Buhari on Monday directed Vice President Yemi Osinbajo to head a special presidential delegation charged with the task of resolving the crisis in the Niger Delta. Speaking with Journalists on Monday in Abuja, the Special Adviser to the...

March 14, 2017 No Responses

First Bank canvasses support for sustainable interest in Agriculture

As part of its commitment to support agriculture businesses across the value chain and to play its enabling role in the nation’s drive for economic diversification through agriculture, First Bank of Nigeria Limited, will hold an inaugural agric expo on...

March 10, 2017 No Responses

Minister restates FG’s commitment to ease of doing business in Nigeria

The Minister of Information and Culture, Alhaji Lai Mohammed, has reiterated the Federal Government’s commitment to improving Nigeria’s ranking in the World Bank Ease of Doing Business Index, saying the current ranking of 169 out of 190 countries ...

March 8, 2017 No Responses

NSE Photo News

L – R: Dayo Obisan, Managing Director, Greenwich Asset Management Limited; Oscar N. Onyema, OON, Chief Executive Officer, The Nigerian Stock Exchange (NSE); Kayode Falowo, Group Managing Director, Greenwich Trust Limited at the listing of Greenwich Plus Mone...

March 7, 2017 No Responses

CBN offers additional $367 Million to ease FOREX crisis

As part of measures to tackle Nigeria’s Foreign Exchange (FOREX) crisis, the Central Bank of Nigeria (CBN) on Monday carried out another round of retail interventions in the interbank FOREX market by providing $367,134,329.93 to meet the forward requests of....

March 6, 2017 No Responses

Process BTA, PTA in 24 hours, CBN tells Banks, Dealers

To curtail speculations and facilitate prompt assistance to genuine foreign exchange (FOREX) customers, the Central Bank of Nigeria (CBN) has directed banks to henceforth ensure that all applications for Basic/Personal Travel Allowance (BTA/PTA) are processed ...