Federal Archives — Page 135 of 138

July 28, 2016 No Responses

UK Envoy canvasses support for Nigerian capital market

By Moses Ebosele Despite various economic challenges in Africa, the Nigerian capital market has great opportunities, United Kingdom Trade & Investment (UKTI) Envoy, John Howell has said. According to Howell, Nigeria’s capital market is viabrant, noting that the United...

July 27, 2016 No Responses

NAHCO shareholders get N324.8m dividend

By Moses Ebosele – Shareholders of Nigerian Aviation Handling Company (NAHCO) Plc on Tuesday, in Abuja, approved quest by the board of the company to pay dividend of 20 kobo per share, amounting to N324.8million for the year ended Decenber...

July 27, 2016 No Responses

NLNG partners Warsash on maritime training, safety

By Moses Ebosele – As part of measures to support training and development of mariners globally, Nigeria Liquefied Natural Gas Limited (NLNG) has commissioned a manned model of its new Dual Fuel Diesel Electric (DFDE) vessels at Southampton Solent Univ...

July 27, 2016 No Responses

CBN raises interest rate to 14 per cent

The Central Bank of Nigeria (CBN) has raised monetary policy rate (MPR) from 12 per cent to 14 per cent as part of measures to curtail inflation. CBN Governor, Godwin Emefiele explained at the end of the Monetary Policy Committee...

July 27, 2016 No Responses

Nigeria to host Maritime Ports and Terminals Expo

By Moses Ebosele – Facilitators of the 9th Nigeria International Maritime Port and Terminal Conference and Exhibition (NIMPORT 2016) have concluded plans to host the event between 23-25 August 2016 at Shehu Musa Yar’Adua Centre, Abuja. Acco...

July 27, 2016 No Responses

Stakeholders seek support for NIMASA DG

By Moses Ebosele – Experts and stakeholders in the maritime sector have commended the leadership initiatives of Director General of Nigerian Maritime Administration and Safety Agency (NIMASA), Dr Dakuku Peterside. Speaking at a ceremony hosted ...

July 27, 2016 No Responses

INEC okays Makarfi as PDP’s Acting National Chairman

(NAN) The Independent National Electoral Commission (INEC), has recognised former Governor of Kaduna State Ahmed Makarfi as the Acting National Chairman of the Peoples Democratic Party (PDP). In a statement issued by INEC’s Deputy Director, Voter Educatio...

July 26, 2016 No Responses

Global market capitalisation drops to $67.2 trillion in six months

By Moses Ebosele – A report put together by the World Federation of Exchanges (WFE) has revealed that between January and June this year, global market capitalisation declined by 9.4 per cent to reach $67.2 trillion, compared with $74.2...

July 26, 2016 No Responses

NNPC intensifies oil search in North-East

By Moses Ebosele – The Nigerian National Petroleum Corporation (NNPC) has intensified search for oil in the Chad Basin and other parts of the North-East. Receiving the Governor of Bauchi State, Mohammed Abubakar, who paid him a courtesy...

July 26, 2016 No Responses

FG explains $42.5 per barrel benchmark for 2017

The Federal Government has proposed $42.5 per barrel benchmark for the year 2017. Presenting the 2017-2019 Meduim Term Expenditure Framework (MTEF) to civil society group in Abuja on Monday, Minister of Budget and National Planning, Udoma Udoma, explai...