FG Requires $9.4bn Annual Investment in Power, Gas Sectors
The federal government will require a yearly investment of $9.4billion in the power and gas sectors to fuel the projected power growth that would be engendered by the recent sale...
House: We Will Not be Browbeaten on Oil Benchmark
Barely 24 hours after it constituted a five-man conference committee to meet with the Senate to harmonise the oil benchmark price for the 2014-2016 Medium Term Expenditure Framework (MTEF), the...
Drewinsky: Our over 500 Workers are Currently Idle
The new Chief Operating Officer of Dana Air, Mr. Yvan Drewinsky, told Chinedu Eze that Dana Air was already discussing with Boeing for change of its fleet, expressing optimism that...
Sanusi Braces up for Election Spending Shock
Central Bank of Nigeria (CBN) Governor, Mallam Sanusi Lamido Sanusi, has said he is bracing up for public spending “shocks” as the country prepares for the 2015 elections. ...
MPR: Again, CBN Reinforces Anti-inflation Credibility
The lobby by some members of the banking community for moderation in the monetary policy rates was high before last week’s Monetary Policy Committee meeting of the Central Bank of...
First Bank Holds SME Conference
As part of efforts to support the growth of small and medium scale enterprises (SMEs) in the country, First Bank of Nigeria Limited will tomorrow organise the SMEConnect, a programme...
Sterling Bank Posts 26% Growth in Q3 Profit
Sterling Bank Plc has recorded a growth of 26 per cent in profit before tax for the nine months ended September 30, 2013 showing that the bank is performing well...
Keystone Bank Partners FRSC on Road Safety
Keystone Bank Limited has gone into collaboration with the Federal Road Safety Corps (FRSC) and the Eye Foundation to support the transport sector. The initiative is geared towards helping...
Chike-Obi: AMCON Took Banks’ Earnings to Where They are Today
As holders of the Asset Management Corporation of Nigeria (AMCON) bonds await payment from the corporation, the Managing Director/Chief Executive Officer Mr. Mustapha Chike-Obi told Kunle Aderinokun, Eromosele Abiodun and...
Analysts Predict Bumper Returns for Conoil Investors
Investors in Conoil Plc are assured of bumper returns on their investments this year, going by projections by capital market analysts and experts of substantial growth in the company 2013...