Also suspended by the banks are online transactions priced in foreign currencies. This means that customers of the banks will no longer be able to use their debit or credit cards to make online transactions that are denominated in dollars, euros, pounds sterling and other foreign currencies
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The ranking was carried out by regulatory agencies, including the Nigerian Electricity Management Services and the Nigerian Electricity Regulatory Commission
Dr. Peterside made this known when the members of the Inter-Ministerial Committee of the Nigeria/Niger Joint Commission for Co-operation and Transportation, led by the Chairman, Peter Utsu paid a courtesy visit to the Agency’s Headquarters in Lagos
Twister’s unique separation capabilities are designed for augmenting production and streamlining processes, to capitalise on high-yield gas processing for maximising revenues
The Minister, who described the inputs of the building partners as inspiring, pointed out that it was not as if Nigeria lacked the capacity to build houses, adding that what was lacking at the moment was sustainability of the programme in a way that the country could determine how many houses it could build year-on-year on a sustainable basis
However, the Joint Task Force in charge of security in the Niger Delta said the line attacked has become disused over time as it was earlier bombed by the militants
The increase in the ITR can be traced to a recommendation in a publication prepared by NCC’s Policy, Competition and Economic Analysis Department in 2015
“We analyse some of the challenges the Anchor Borrowers Programme had been facing and the opportunities for the bank to strengthen its role.”
The value proposition embedded in the UnityBiz current account lies in the fact that structured businesses in the SME space are able to access both the asset and liability side of the product at concessionary rates, which benchmark the best pricing offered in the industry
The NNPC Group Managing Director, Dr. Maikanti Baru, the statement said, made the disclosure when he paid separate visits to the Governors of Bauchi and Gombe States.
Baru said that the latest technology was similar to the ones used by neighbouring countries to discover oil in their countries.
The All-Share Index improved by 6.25 points to close at 27,861.03 points, compared to 27,854.78 points recorded on Thursday
Rewane said: “It will take a minimum of 18 months for Nigeria to get out of recession and signs of recovery will start showing in 2017 with the best policies
He said: “Our ambitions of creating a diversified and inclusive economy in Nigeria can only be achieved by having a mix of small, medium and large businesses
A prominent traditional ruler, the Owa of Otan-Ayegbaju, Oba Lukman Adesola Ojo Fadipe, and farmers commended the present administration for its quick agricultural intervention aimed at making agriculture more attractive to young ones
Odaudu said the resolution by the apex bank to intervene in the Inter-Bank foreign exchange market through forward settlement was expected to engender market confidence
Harping on the central theme of the retreat: “Good Governance in a Recession,” Ambode said the economic downturn was no respecter of tribe or religion, neither does it discriminate along political party lines, hence, every Nigerian was feeling the impact
It affected in the main the packaging material section and part of the laminate stores
Zubair, born in 1960, is a graduate of Accounting from Manchester Polytechnic and worked for five years at Pricewater before he later became one of the directors at his father’s firm, Hamzat Zubair Folami & Co.
He is a fellow of some professional bodies in the country, among which are Institute of Chartered Accountants of Nigeria and Institute of Taxation
The News Agency of Nigeria reports that the market capitalisation slipped further by N59 billion or 0.61 per cent to close at N9.567 trillion against N9.626 trillion achieved on Wednesday
It said in the interim, customers will be temporarily back fed through alternative sources to mitigate the current blackout pending the completion of the repair