Federal Archives — Page 127 of 147

October 28, 2016 No Responses

NSE Photo News

L-R shows Mr Oscar N. Onyema, OON, Chief Executive Officer, The Nigerian Stock Exchange NSE; Rt. Hon. Zakawanu Garuba, Executive Commissioner, Securities and Exchange Commission (SEC ); Senator Ganiyu Olanrewaju Solomon, former Chairman, Senate Committee on Capital Markets and Mr. Oluwaseyi...

October 27, 2016 No Responses

NLNG to raise $15b, targets 18,000 jobs

The Nigeria Liquefied Natural Gas Limited (NLNG) is to raise $15 billion from the International Capital Market to fund its Train 7 project. Briefing members of the Senate Committee on Gas led by Senator Bassey Albert Akpan, Managing Director...

October 26, 2016 No Responses

Minister laments ‘high-level’ corruption in Customs

Efforts by the Federal Government to realize money from revenue generating agencies such as Nigeria Customs Service (NCS) is being hampered by alleged high-level corruption, the Minister of Finance, Kemi Adeosun has said. Addressing members of the Senate Com...

October 26, 2016 No Responses

FG Seeks NASS approval to borrow $29.9b

The Federal Government has forwarded a letter to the National Assembly seeking approval to borrow externally $29.9 billion as part of measures to ensure the prompt implementation of projects. In a letter addressed to the Speaker of the House of...

October 26, 2016 No Responses

Don’t contemplate another fuel price hike, TUC tells FG

The Trade Union Congress (TUC) of Nigeria has advised the Federal Government not to contemplate any increase in the price of petroleum products. The union in a statement on Tuesday described the statement credited to the Group General Manager,...

October 26, 2016 No Responses

‘No plan to increase petrol price’

The Nigerian National Petroleum Corporation (NNPC) has denied reported plan to increase the price of fuel. In a statement issued by the Group General Manager, Group Public Affairs Division, NNPC, Mr. Garba-Deen Muhammad, the corporation said, “Reference o...

October 26, 2016 No Responses

NSE admits The Initiatives on ASEM board

Efforts by The Nigerian Stock Exchange (NSE) to encourage indigenous firms to list their shares on its market has been bolstered with the listing of 889,981,552 ordinary shares of The Initiatives Plc ( TIP) at 50 kobo each. Priced at...

October 26, 2016 No Responses

Information portal for Nigerians underway

The Federal Government will soon launch an Information Portal to keep Nigerians at home and in the diaspora abreast of government’s programmes and policies and also get their feedback. The Minister of Information and Culture, Alhaji Lai Mohammed, disclosed...

October 25, 2016 No Responses

NPA to restructure Ikorodu Lighter Terminal for Agric Export

The Nigerian Ports Authority (NPA) is to restructure Ikorodu Lighter Terminal as part of measures to ensure its effective utilization. Inspecting operations at the Terminal, NPA’s Board chairman, Emmanuel Adesoye, described the facility as a “Gold ...

October 25, 2016 No Responses

‘Imported commercial vehicles must be fitted with speed limiter from January 2017’

Come January 1, 2017, all commercial vehicles coming into the country must be fitted with speed limiter, the Corps Marshal of the Federal Road Safety Corps (FRSC), Boboye Oyeyemi, has said. Mr. Oyeyemi stated this in Kaduna on Monday...

October 25, 2016 No Responses

FCMB explains late filling of Q3 accounts

The First City Monument Bank (FCMB) Group Plc is to release its nine months ended 30 September 2016 (3Q16) accounts before the end of November, this year. In a notice to the Nigerian Stock Exchange (NSE), the Bank said:...

October 25, 2016 No Responses

NSE gets most innovative Stock Exchange in Africa

The Nigerian Stock Exchange (NSE) has emerged the Most Innovative Stock Exchange in Africa 2016. This award was presented to NSE by The Business Year Magazine. The Business Year Magazine Awards according to a statement issued by NSE...

October 24, 2016 No Responses

CBN canvasses support for 2000-hectare Coscharis rice farm

As part of measures to sustain ongoing diversification into agriculture, the Central Bank of Nigeria (CBN) is to fund the rice milling plant for the 2000-hectare Coscharis Farm located at Anaku, in Anambra State. CBN Governor, Godwin Emefiele, who made...

October 24, 2016 No Responses

NLC faults alleged violence against workers in Ogun

The Nigeria Labour Congress (NLC) has accused the Ogun State Government of instigating alleged violence against workers in the State. In a statement issued at the weekend, NLC condemned the non-payment of salaries in Ogun, adding that the State...