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In continuance of the tight liquidity management stance, the Central Bank of Nigeria (CBN) plans to issue N917.7 billion of new treasury bills in the Primary Market Auction for the second quarter 2012. The apex bank is also repaying N763.38 billion mat...
The Manufacturing Association of Nigeria (MAN) has called on the Central Bank of Nigeria (CBN) to intervene in the lingering high interest rate in Nigeria’s financial sector, in order to boost manufacturing in the country. Chairman of MAN in Rive...
In a bid to promote women empowerment in Nigeria, a privately operated airline, Aero Contractors, on Saturday in Lagos promised to assist Women in Aviation (WIA), a group of professionals in the aviation sector. The airline’s Managing...
The U.S. faces an unprecedented challenge to its grip on the World Bank presidency with emerging African economies nominating a candidate on Friday to set up the first contested bid for the top job at the global development lender. Angola, Nigeria and ...
Mr. Titi Omo-Ettu, the President of the Association of Telecommunications Companies of Nigeria (ATCON), in this interview with CHIMA AKWAJA, proffers suggestions on how to implement broadband regime, the new ICT policy and what government should ...
The Federal Government has received a $508.59 million World Bank grant for the control of erosion in worst hit areas across the country. The grant financing LEADERSHIP gathered, would be used to address the problem of gully erosion particularly in Edo,...
The federal government has said that the extension of the PHCN privatisation process to October this year was necessitated by the need to ensure transparency and thoroughness in the bids submitted so far. The Minister of State for Power, Mr Dariu...
The National Council on Privatisation (NCP) has approved that the Federal Government’s shares in Nigeria Unity Line (NUL) be sold through strategic investor sales. This was one of the decisions arrived at by the council at its first meeting for 2...
The National Council on Privatisation (NCP) has approved that the Federal Government’s shares in Nigeria Unity Line (NUL) be sold through strategic investor sales. This was one of the decisions arrived at by the council at its first meeting for 2...
The Federation Accounts Allocation Commission (FAAC) is saddled with the responsibility of sharing Nigeria’s revenue amongst the tiers of government, using a sharing formula that has been agreed on by stakeholders. Even with the agreement reached...
A retreat in expectations for further monetary easing in Europe and the United States sent stock markets lower on Thursday. Meanwhile, the euro neared a one-week low ahead of a Spanish bond auction and the latest summit of EU leaders. China...
The Nigerian Ports Authority (NPA) on Tuesday said 24 ships have berthed at the Lagos ports and oil jetties discharging their cargoes. The "Shipping Position", an official document of the NPA, released in Lagos indicated that six of the ships...
The Chartered Institute of Taxation of Nigeria (CITN) yesterday in Lagos urged President Goodluck Jonathan to ensure that the planned reduction in the 2012 federal budget would translate into meaningful development. The President of C...
Mr David Adejuwon, the Director, Ministry of Trade and Investment, has called on ECOWAS member countries to embark on viable economic relations among themselves. Adejuwon, who made the appeal on Thursday in Abuja while speaking with newsmen, said the m...
The Nigerian Communications Commission (NCC) said it would auction digital licence in the 2.3GigaHertz (GHz) and 2.6GHz spectra to increase broadband access and make internet pervasive across the country in 20112. Dr. Eugene Juwah, Executive Vice Chair...