Nigeria announces $2.5bn dual medium term bond issue
Proceeds of the notes expected to be used for refinancing of the country's domestic debt.
Tag: business News
African Business Roundtable gets new president
The new president is the former ABR vice president.
N550 billion credit available to support SMEs — NEXIM
The export-import bank encourages entrepreneurs in Southeast and South south to apply.
90% of our pilots, co-pilots are Nigerians – Dana Air
An official said the airline had boosted its Nigerian pilots from 20 per cent.
Access Bank reacts to alleged fraudulent withdrawals from NIJ Provost’s account
Over N200,000 was withdrawn from Gbemiga Ogunleye's account at Access Bank.
Fuel Scarcity: NNPC task force arrests two petrol station managers, six fuel hawkers
The state owned oil firm discloses this in a statement, Wednesday.
Firstbank ATMs dispense N2.8 trillion in one month
The bank accounted for 37 per cent bill payment services on ATMs in the nation’s banking industry.
Poor remittances: Nigerian govt. considers new performance framework for MDAs
In 2016, the government projected about N1.5 trillion revenue from the MDAs, but realised less than N400 billion.
OANDO: 5 key posers arising from Emir Sanusi’s ‘peace deal’ with Tinubu, Mangal
PREMIUM TIMES highlights five key issues that perhaps remain unresolved from the crisis.
World’s richest 1% earn 82% of wealth generated in 2017 – Oxfam
“In Nigeria, the legal minimum wage would need to be tripled to ensure decent living standards.”
Media firm files N200 million suit against Access Bank
The firm accuses the bank of freezing its account.
SEC extends e-dividend free registration till February 28
The extension became necessary to encourage more shareholders mandate their bank accounts.
Apple, Samsung investigated for slowing down old phones
The Italian authority’s move could potentially lead to Apple and Samsung being fined.
Oil price reaches $70
Oil markets had been well supported by OPEC-led production cuts.
![The internet [Photo credit; jornadasigfspain.es]](https://i0.wp.com/media.premiumtimesng.com/wp-content/files/2017/02/Internet.jpg?fit=618%2C406&ssl=1)
Nigeria ends 2017 with 101,695 ng domain names — Official
The use of the ng domain name slowed in December.
Sterling Bank gets new CEO
Mr. Adeola’s banking career started in the then Nigeria International Bank Ltd.
254 firms bid to lift Nigeria’s crude oil in 2018/2019
In 2017, 224 firms participated in a similar process.
Legacy Pension Managers re-organises Board: Appoints Ladi Balogun Chairman; James Ilori Non-Executive Director
FCMB Group acquired 60 per cent of the company.
HEDA demands details of three oil blocks from Mobil
The civic group made an FOI request.
IPMAN speak on court judgement about petroleum marketers
The Appeal Court ruled on the IPMAN crisis.
Nigeria Stock Exchange 2017: How companies’ values fell, rose
Forte oil was the worst performing stock for two consecutive years.
Investors to pay for shares’ registration, enrolment from January 1, 2018 — SEC
The regulator keeps mum on proposed forensic audit of embattled Oando.
NNPC distributes 1.4 billion litres of petroleum products in October 2017
The 1.4 billion litres comprised 1.1 billion litres of petrol, about 96 million litres of kerosene and 137 million litres ...
![A market used to illustrate the story [Photo Credit: Daily Post]](https://i0.wp.com/media.premiumtimesng.com/wp-content/files/2016/11/Market.jpg?fit=620%2C400&ssl=1)
Fuel Scarcity: Food prices rise
A basket of tomatoes which previously sold for N6,000 five days ago now goes for N10,000.
Nigerians paid more for cooking gas in 2017 – Report
he average price of refilling a five kilogram cylinder increased from N1,862 in November 2016 to N2,377 in November 2017.
