Guardian

Saturday, Jan 12th

Last update12:00:00 AM GMT

You are here: Business News

Business News

CBN inaugurates 37 licensed micro-finance banks in Kano

E-mail Print
THE Central Bank of Nigeria (CBN) has granted licence to Kano State government to establish 37 micro-finance banks in the state.

The Governor of CBN, Sanusi Lamido Sanusi made this known during the inauguration of the 37 banks in Kano on...
Read more...

Telecoms subscribers demand uniform tariff for SMS

E-mail Print
MOBILE telephone subscribers Thursday, in Abuja, called for a uniform tariff for Short Message Service (SMS) from all telecommunications operators in the country.

The subscribers made the call in separate interviews with the News Agency of...
Read more...

Govt distributes free seeds, fertiliser to rice farmers

E-mail Print
IN the drive to achieve self-sufficiency in rice production in the country, the Federal Government, in collaboration with Niger State government, has commenced the distribution of seeds and fertiliser to rice farmers in the state, for dry season...
Read more...

Engineers prescribe NigComSat-1R facilities for MDAs, private sector

E-mail Print
FOR improved service delivery across all sectors of the economy, the Nigeria Society of Engineers (NSE) has recommended the usage of the country’s satellite facility—NigComSat-1R for Ministries, Departments, Agencies (MDAs) and the private...
Read more...

NIPCO plans nationwide vending facility for alternative fuel

E-mail Print
NIGERIAN motorists are at the verge of enjoying alternative fuel sources that could cushion the effects of petroleum shortage, as the Nigerian Independent Petroleum Company (NIPCO) plans to expand its Compressed Natural Gas (CNG) stations to serve...
Read more...

Focus more on value addition, cocoa processors tell govt

E-mail Print
EXCEPT the federal government addresses the issues of delay in accessing the Export Expansion Grant (EEG), as well as place a ban on the exportation of raw cocoa beans through an effective protectionist policy, the cocoa sector may end up like...
Read more...

Delay in investment decision hits $15bn Brass LNG project

E-mail Print
User Rating: / 2
PoorBest 
BrassTHE Final Investment Decision (FID) for the Brass LNG project may still not be taken this year, going by hints from authoritative sources.

The LNG project, expected to enlist Nigeria among the largest liquefied natural gas producers in the world...
Read more...

Police retirees appraise FG’s pension scheme

E-mail Print
FOLLOWING the recent revelation by the Inspector General of Police (IGP’s), that the police pension scheme has been reviewed, scores of retired police officers under the aegis of Elders Club of Nigeria, converged at the police officers mess...
Read more...

Govt plans production of 1.3m tonnes of rice in four months

E-mail Print
The Federal Government is planning to facilitate the production of 1.3 million tonnes of rice through dry season farming this year, an official has said.

The Director, Field Station, in the Federal Ministry of Agriculture and Rural Development...
Read more...

Ondo records N10.5b IGR in 2012

E-mail Print
THE Internally Generated Revenue (IGR) earnings of Ondo State has increased by about 300 per cent from the N3.7 billion it recorded in 2009 to N10.5 billion at the end of the 2012 fiscal year.

The state government, is currently itching to...
Read more...

Vodafone may emerge Africa’s biggest profit-making telecoms firm

E-mail Print
WITH about two decades of operations in Africa, where most people are perceived to earn less than $2 daily and mobile phone towers run on diesel, the continent is gradually turning into one of Vodafone Group Plc’s biggest profit...
Read more...

CBN sells N66.9bn forex at WDAS?

E-mail Print
The Central Bank of Nigeria (CBN) sold foreign exchange worth $43.2 million (N66.96 billion) at its bi-weekly Wholesale Dutch Auction System (WDAS) Wednesday.

This information was contained in the apex bank’s website after the auction.

NAN...
Read more...

Nigeria’s airports record 13 million passenger traffic in 2012

E-mail Print
DEMAND for air transport services has continued to increase by the year, going by the latest record of air travellers in the country, as released Wednesday by the Federal Airports Authority of Nigeria (FAAN).

The authority said it recorded about...
Read more...

Capital market operators seek guidelines on Investor Protection Fund

E-mail Print
OnyeamaCAPITAL market operators have decried the non-release of the operational guidelines for Investor Protection Fund (IPF) three months after its board was inaugurated.

They told NAN in Lagos Wednesday that the delay had kept investors who suffered...
Read more...

Commission budgets N1.3b to prepare new revenue formula

E-mail Print
THE Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC) will spend N1.3 billion to prepare the new revenue allocation formula for the three tiers of government this year.

The amount is contained in the details of the 2013 budget passed...
Read more...

Page 1 of 5

  • «
  •  Start 
  •  Prev 
  •  1 
  •  2 
  •  3 
  •  4 
  •  5 
  •  Next 
  •  End 
  • »