Nigeria Archives — Page 373 of 671

May 22, 2019 No Responses

CBN To Restrict Banks Access To Bonds, Treasury Bills

The Central Bank of Nigeria (CBN) is to restrict Banks access to government securities. Speaking at the end of the Monetary Policy Committee (MPC) meeting in Abuja, the CBN Governor, Godwin Emefiele explained that MPC also directed CBN to initiate....

May 22, 2019 No Responses

Intels Denies Owing NPA

The Management of Nigeria’s oil and gas logistics giant, Intels Nigeria Limited said it is not indebted to the Nigerian Ports Authority (NPA), but rather NPA owes it more than US$750 million. The company, which issued a statement on Tuesday...

May 22, 2019 No Responses

Photo News

Middle: Abayomi Obadare, General Manager, Billings, Ports & Cargo Handling Services Limited flanked by Rev. Kelly Imade, Assistant General Manager, Administration, SIFAX Group and Olumuyiwa Akande, Corporate Affairs Manager, SIFAX Group, other management t...

May 21, 2019 No Responses

NSE Backs MTN On N40b Free Float Requirement, Premium Board Listing

By Moses Ebosele, ebosele@hotmail.com — MTN Nigeria met with the free float requirement of N40 billion. The free float of MTN Nigeria at the time of listing was in excess of N90 billion, the Nigerian Stock Exchange (NSE) clarified on...

May 21, 2019 No Responses

NIMASA, Navy, Others Probe Abduction Of Vessel, Crew

The Nigerian Maritime Administration and Safety Agency (NIMASA), in collaboration with the Nigerian Navy, the Indian High Commission in Nigeria and other security agencies have commenced investigations into an incident involving a Palau flagged Tanker, MT APEC...

May 20, 2019 No Responses

SEC Boss In Sydney, Explains WASRA Guidelines On Cross Border Issuance

The West African Securities Regulatory Authorities (WASRA) has concluded draft guidelines on cross border issuance of fixed incomes and a Mutual Recognition Agreement for the region. According to a statement issued by Efe Ebelo, Head of Media (SEC)...

May 19, 2019 No Responses

FIRS Declares N1.5tri Revenue In Q1

The Federal Inland Revenue Service ((FIRS) generated N1.5 trillion revenue in the first quarter (Q1) of 2019, according to its Chairman, Mr Babatunde Fowler. Fowler disclosed this to the News Agency of Nigeria (NAN) in New York at the weekend....

May 18, 2019 No Responses

NIMASA DG: Maritime Tourism Can Grow Nigeria’s Economy

Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside, has called for concerted effort by stakeholders towards the development of coastal and maritime tourism in Nigeria, saying when fully harnessed, the sect...

May 17, 2019 No Responses

States To Share N649b Paris Club Refund

All is now set for States across Nigeria to share N649billion Final Tranche of Paris Club Refund. Briefing Journalists on Thursday in Abuja, Finance Minister, Mrs. Zainab Ahmed explained that debtor-states are expected to sett...

May 17, 2019 No Responses

NPA Photo News

The newly elected Executives of Senior Staff Association Statutory Corporations and Government Owned Companies (SSASCGOC), Maritime Branch on Thursday paid a courtesy call on the Managing Director, Nigerian Ports Authority (NPA), Hadiza Bala Usman at the NPA C...

May 17, 2019 No Responses

Seplat Photo News

L-R: Mr. Austin Avuru, Chief Executive Officer, Seplat Petroleum Development Company Plc; Company’s Secretary, Mrs. Mirian Kachikwu; Dr. A.B.C. Orjiako, Chairman; Mr. Roger Brown, Chief Financial Officer, during the company’s 6th Annual General Meetin...

May 16, 2019 No Responses

MTN Nigeria Presents Financial Details At NSE, Secures Final Approval

MTN Nigeria Communications Plc has secured the requisite regulatory approval to list its shares on the floor of Nigerian Stock Exchange (NSE) Thursday, May 16th, 2019. The company is also expected to present its Facts Behind the figure on the...

May 16, 2019 No Responses

NPA Extends Barges To Epe

As part of measures to tackle and find lasting solution to the Apapa gridlock, the Management of Nigerian Ports Authority (NPA) has signed a Memorandum of Understanding (MOU) with APM Capital to extend the use of Barges to evacuate Containers...