Minister Archives — Page 158 of 166

November 23, 2016 No Responses

CBN implores FG on domestic debt

As part of measures to protect the integrity of the financial system, the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has called on the Federal Government to evaluate its domestic indebtedness and put modalities in place...

November 23, 2016 No Responses

Minister advocate structured system of movie distribution

The Minister of Information and Culture, Alhaji Lai Mohammed, has tasked stakeholders in the nation’s movie industry to fashion out astructured system of distribution that will guarantee return on investment and protect Nigerians from exposure to unwho...

November 23, 2016 No Responses

Strategic role of Board, Management synergy, by NIMASA DG

To achieve the Nigerian Maritime Administration and Safety Agency (NIMASA) vision of becoming the leading maritime administration in Africa, it is important that there is no disconnect between policy formulation and policy implementation, Director General, D...

November 23, 2016 No Responses

NSE Photo News

L – R ( A ) shows Serge LeVert-Chiasson, Senior Partner, Sarona Asset Management; Danladi Verheijen, Managing Director, Verod Capital Management; Oscar N. Onyema, OON, Chief Executive Officer, The Nigerian Stock Exchange (NSE); Wale Adeosun, Chief Investment...

November 23, 2016 No Responses

NPA to partner maritime professionals

The Managing Director, Nigerian Ports Authority (NPA) Ms Hadiza Bala Usman has pledged to work with professionals in the maritime sector and make the ports attractive to business. According to Usman, NPA was more determined to close the gaps between the...

November 22, 2016 No Responses

FG expends N1.1tri on debt servicing in nine months

The Federal Government has spend not less than N1.1 trillion on debt servicing in the last nine months, the Minister of Budget and National Planning, Senator Udoma Udo Udoma, has said. According to the minister, this also includes N44 billion...

November 22, 2016 No Responses

Maersk comes under attack in Cotonou

The 4,496 TEU containership Maersk Cotonou was attacked by supposed criminals attempting to board the vessel off the Nigerian coast on November 19, Danish shipping giant Maersk Line confirmed to World Maritime News. Maersk said that the 2011-built vessel was ...

November 22, 2016 No Responses

Nigeria’s GDP drops by 2.24% in 3rd quarter

For the third quarter 2016, Nigeria’s Gross Domestic Product (GDP) dropped by 2.24 per cent. Data released on Monday by the National Bureau of Statistics (NBS) revealed that Nigeria’s economy shrunk by 2.06 per cent due to revenue shortage, foreign...

November 21, 2016 No Responses

NNPC, Shell, Access Bank, First Bank, others sign $2.2b contract deal

As part of measures to facilitate access to finance for Nigerian suppliers in the oil and gas sector, Shell with the backing of the Nigerian National Petroleum Corporation (NNPC) has signed $2.2b Memoranda of Understanding with eight Nigerian banks under...

November 21, 2016 No Responses

Ministry implore stakeholders on 2016/2017 dry season farming scheme

To enhance transparency and accountability in the implementation of the Growth Enhancement Scheme (GES), the Federal Government has concluded plans to implement the 2016/2017 dry season intervention scheme. Speaking at the opening ceremony of the GES Stakeho...

November 21, 2016 No Responses

SEC signs capital market studies MoU with NERDC

The Securities and Exchange Commission (SEC) is set to achieve another milestone by infusing Capital Market Studies (CMS) into schools curriculum with the signing of a Memorandum of Understanding (MoU) with the Nigerian Educational Research and Development Cou...

November 21, 2016 No Responses

FG proposes N750B recapitalization agenda for agric bank

The Federal Government through the Central Bank of Nigeria (CBN) has concluded plans to make available N750 Billion for the recapitalisation of the Bank of Agriculture in 2017. Under the arrangement, the Bank is being repositioned to attract not...

November 20, 2016 No Responses

Ibrahim Jibril elected CILT President

Mr. Ibrahim Jibril, Director of Administration and Human Resources department in the Nigerian Maritime Administration and Safety Agency (NIMASA) has been elected the President of the Chartered Institute of Logistics and Transport (CILT) Nigeria. At the electio...