Similarly, the All-Share Index, which opened at 36,509.63 points, appreciated by 416.66 basis points to close at 36,926.29
Browsing: Economy
The meeting, which was presided over by the Minister of Labour, Chief Emeka Wogu, assured the workers that government had put in place a committee to tackle the issues raised by the unions
The All-Share Index appreciated by 560.63 points or 1.6 per cent to close at 36,509.63 against 35,949.00 trillion recorded on Wednesday
Speaking on massive crude oil theft debacle, the Presidents of the PENGASSAN and NUPENG, Comrade Babatunde Ogun and Comrade Igwe Achese, condemned the helplessness of the Federal Government in combating the huge level of crude oil theft
She said the bonds, which were four times oversubscribed, were improvements on investors’ response to the $500 million bonds floated in 2011
The NSMP is expected to generate about 170,000 new jobs across the country, ensure self sufficiency in sugar production and conserve about $350 million annually in foreign exchange
Okonjo-Iweala allegedly said Nigeria’s economy would collapse by September if the National Assembly failed to pass the 2013 budget amendment proposal before it
In a statement, Ibrahim Mohammed, the commission’s Head of Public Relations, said the decision to embark on the tour was made known by the Chairman, Elias Mbam, on Tuesday in Abuja while briefing the staff of the commission
International Breweries came second, dropping N2 to close at N24 per share, while Berger Paint lost N1.13 to close at N10.25 per share
The newly received acquisition brings to three the PSVs received by the Nigeria-based company from Fujian South East in the last 12 months and have proceeded to West Africa for deployment
A News Agency of Nigeria correspondent who visited some major filling stations in the FCT on Monday reports that chaos was the order of the day as motorists jostled to get fuel
The All-share index depreciated by 1132.14 points or 3.13 per cent to close at 35,032.16 against 36,164.30 recorded on Friday
Announcing this in Washington, the United States of America on Monday, the Bank said the IDA credit of $100 million will fund the Nigeria Agriculture Sector Development Policy Operation, the first of two projects that will support the Government’s Agricultural Transformation Agenda
It said that if after the three-day strike nothing was done to address the situation, NUPENG would be forced to embark on an indefinite nationwide strike
Mohammed said the move by the state government follows the approval of the Federal Executive Council that all states of the federal implement IPSAS by 2014
Ogeah said the committee observed that the IGR of the state rose from
N12.2 billion in 2007 to N37.4 billion in 2011, while in 2012 it
increased to N45.5 billion
“It is disheartening that Nigeria currently records an estimated shortfall of $69 million daily due to oil theft, bunkering, illegal refineries and rising insecurity
The report noted that most of the FDIs into Africa mainly driven by the extractive industry, but said there was an increase in investments in consumer-oriented manufacturing and services
Louis Luballa, the Managing Director of Airtel DRC said: “In May 2013, about 66,000 civil servants in DRC received their salaries via Airtel Money, a demonstration of how technology can make things easy.
“With Airtel Money, Airtel DRC is paving the way to a new era of financial transactions at the tap of a mobile phone, helping to save time going to the banking halls
The Chairman, Governing Board of the University Teaching Teaching Hospital (UITH), Mrs Jumoke Anifowoshe, called for mutual trust, honesty and cooperation among the staff of the hospital