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Money

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  3. Page 45

‘Government Lacks Political Will For A Virile Mortgage System’

  • Post author:Leadership Newspapers
  • Post published:Apr 1, 2012
  • Post category:Business/News

Mr. Bode Adediji, the Group Executive Chairman of Bode Adediji Partnership, Kontinental Developers Nigeria Limited and House of Estate Limited and President of the Nigerian Institution of Estate Surveyors and Valuers spoke with   FLORENCE&nbs...

Continue Reading‘Government Lacks Political Will For A Virile Mortgage System’

‘We’re An Excitingly Different Alternative’

  • Post author:Leadership Newspapers
  • Post published:Apr 1, 2012
  • Post category:Business/News

Bukky Ayoade, the Relationships Manger at the Netherlands Business school, Abuja in this interview speaks to Blessing Ukemena about how attending a business school is best for anyone who wants to be one step ahead in this competitive age. How do you de...

Continue Reading‘We’re An Excitingly Different Alternative’

Doing Business: Nigeria To Improve Ranking By 103 Positions

  • Post author:Leadership Newspapers
  • Post published:Mar 31, 2012
  • Post category:Business/News

The Federal Government has said that part of its specific measurable targets over the next four years would include increasing Nigeria’s competitiveness ranking by 103 positions, from its current 137th position to number 34 in global competitiven...

Continue ReadingDoing Business: Nigeria To Improve Ranking By 103 Positions

Sigma Pensions In Acquisition Talks With 2 PFAs

  • Post author:Leadership Newspapers
  • Post published:Mar 31, 2012
  • Post category:Business/Finance/News

In a bid to consolidation its position in pension fund administration, Sigma Pensions Limited has concluded plans to acquire two Pension Fund Administrators (PFAs) who are unable to meet the June 30, 2012, recapitalisation deadline. The Company, Shareh...

Continue ReadingSigma Pensions In Acquisition Talks With 2 PFAs

Naira Depreciates Against Major Currencies

  • Post author:Leadership Newspapers
  • Post published:Mar 30, 2012
  • Post category:Business/Money/News

The naira depreciated against other major foreign currencies at the official, Bureau de Change and black markets on Friday, the News Agency of Nigeria (NAN) reports. NAN reports that the naira had been recording losses in value against the dollar, poun...

Continue ReadingNaira Depreciates Against Major Currencies

PHCN Facilities Worth N20m Vandalised In Akwa Ibom

  • Post author:Leadership Newspapers
  • Post published:Mar 30, 2012
  • Post category:Business/Energy/News

The Power Holding Company of Nigeria (PHCN), Uyo Business Unit, Akwa Ibom, has lost facilities worth N20 million to vandals, the News Agency of Nigeria (NAN) reports. Mr Uzoma Mbuku, the Uyo Business Manager of PHCN, said this on Friday in Uyo at a Cus...

Continue ReadingPHCN Facilities Worth N20m Vandalised In Akwa Ibom

Transactions On NSE Close On Negative Note

  • Post author:Leadership Newspapers
  • Post published:Mar 29, 2012
  • Post category:Business/News

Transactions on the Nigerian Stock Exchange (NSE) on Thursday closed on a negative note with market indicators showing further depreciation because of the price losses recorded by some highly capitalised stocks. The News Agency of Nigeria (NAN) reports...

Continue ReadingTransactions On NSE Close On Negative Note

NNPC, Nigerian Police Partner To Check Pipeline Vandalism

  • Post author:Leadership Newspapers
  • Post published:Mar 29, 2012
  • Post category:Business/News

The Nigerian National Petroleum Corporation (NNPC) and the Nigeria Police Force (NPF) have pledged partnership towards combating the menace of pipeline vandalism and security threats to key oil and gas facilities in Nigeria. This resolution was reached...

Continue ReadingNNPC, Nigerian Police Partner To Check Pipeline Vandalism

Maevis’ Displacement: Court Summons FAAN Boss Over Contempt

  • Post author:Leadership Newspapers
  • Post published:Mar 29, 2012
  • Post category:Business/News

A federal High Court presided over by Justice Binta Murtala-Nyako, has summoned  the Managing Director of the Federal Airport Authority of Nigeria (FAAN), George Uriesi  to appear before it next week Wednesday,  April 4, 2012 over a&nbsp...

Continue ReadingMaevis’ Displacement: Court Summons FAAN Boss Over Contempt

CBN To Issue N917.7bn New Treasury Bills In Q2

  • Post author:Leadership Newspapers
  • Post published:Mar 29, 2012
  • Post category:Business/Finance/News

In continuance of the tight liquidity management stance, the Central Bank of Nigeria (CBN) plans to issue N917.7 billion of new treasury bills in the Primary Market Auction for the second quarter 2012. The apex bank is also repaying N763.38 billion mat...

Continue ReadingCBN To Issue N917.7bn New Treasury Bills In Q2

Stock Market Sustains Bearish Profile

  • Post author:Leadership Newspapers
  • Post published:Mar 29, 2012
  • Post category:Business/News

Investors' low appetite for stocks on the floor of Nigerian Stock Exchange, yesterday continued to depress equity prices as major capitalised companies suffered price depreciation, resulting to a further slide in market capitalisation by N5 billion...

Continue ReadingStock Market Sustains Bearish Profile

Naira Weakens As Oil Industry’s Dollar Sales Decline

  • Post author:Leadership Newspapers
  • Post published:Mar 28, 2012
  • Post category:Business/Money/News

Nigeria’s naira fell the most in almost a week after crude exporting companies reduced dollar sales and deployed their foreign-exchange reserves to pay for gasoline imports, leaving banks short of the U.S. currency. The currency of Africa’s...

Continue ReadingNaira Weakens As Oil Industry’s Dollar Sales Decline

NSE Turnover Drops By 37.5%

  • Post author:Leadership Newspapers
  • Post published:Mar 28, 2012
  • Post category:Business/News

Volume of shares traded on the Nigerian Stock Exchange (NSE)  dropped by 37.5 per cent on Wednesday as 253.92 million shares worth N2.42 billion were traded in 4,181 deals. This was in contrast to the 406.29 million shares worth N 3.11 billion exc...

Continue ReadingNSE Turnover Drops By 37.5%

Contractors Delay SIM Registration Data Verification- NCC

  • Post author:Leadership Newspapers
  • Post published:Mar 26, 2012
  • Post category:Money/News

Dr Eugene Juwah, the Executive Vice-Chairman, Nigerian Communications Commission (NCC), on Monday said that contractors were responsible for the delay in the SIM cards data verification exercise. He told the News Agency of Nigeria (NAN) in Lagos that t...

Continue ReadingContractors Delay SIM Registration Data Verification- NCC

Microfinance Banks Set To Adopt IFRS

  • Post author:Leadership Newspapers
  • Post published:Mar 26, 2012
  • Post category:Business/News

Operators of microfinance banks are making efforts to adopt the International Financial Reporting Standard (IFRS) as ordered by Central Bank of Nigeria (CBN). Mr Olufemi Babajide, the Chairman of Lagos Chapter of National Association of Micro finance B...

Continue ReadingMicrofinance Banks Set To Adopt IFRS
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