FG to track poverty, incomes to assess impact of reforms — Oyedele
By Yinka Kolawole The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has disclosed plans by the Federal Government to publish indicators tracking poverty, incomes and inequality to assess the impact of the government’s economic reforms on the living standards of Nigerians. He said the move is aimed at addressing criticism of the […]
Oil prices creep up following positive data
Oil prices edged higher Friday amid resurgent demand in Asia and positive economic data in the United States and Europe that supported hopes the global economy is pulling out of recession.
Dollar recovers some gains amid renewed caution
The dollar traded mainly higher Friday as currency traders turned more cautious in the face of a struggling stock market and mixed economic news.
Cost of funds falls by 30% as N250bn inflow lifts interbank
Cost of funds in the interbank money market went down by 30 per cent following the inflow of N250 billion from excess crude revenue and Agriculture Credit fund
FCMB rolls out 250,000 Verve cards
First City Monument Bank (FCMB) Plc has produced and launched about 250,000 Verve Automated Teller Machine (ATM) debit cards for use by its customers
Banks commence retail trading of bonds on stock exchange
Banks treasurers under the aegis of have decided to commence retail trading of bonds on the stock exchange.
EU imports more Argentine biodiesel — Biopetrol
Growing imports of cheap Argentine biodiesel into Europe are replacing U.S. imports hit by European Union anti-dumping duties in March, Swiss-German biodiesel producer Biopetrol (B2I.DE: Quote) said on Thursday.
Association tasks courier operators on restricted items
Courier operators in the country have been urged not to encourage the inclusion of prohibited items in courier packages.
LASG saves N200mln using ICT
Lagos State Government has been able to save N200 million monthly through its use of Information and Communications Technology (ICT).
UK business investment falls sharply, may hit Q2 GDP
Business investment in Britain fell by a whopping 10.4 per cent in the three months to June,2009.It is sharpest decline in 24 years and raising the risk that Q2 GDP figures could be revised down, official data showed on Thursday.
UK energy services firms raise dividends
British energy services firms, Amec and Hunting, raised their interim dividends after solid first-half results, defying concerns that lower spending on oil and gas exploration would hit their activities.
Fragile air traffic recovery under way — IATA
A recovery in air traffic is under way, according to latest data from a global industry body, in another sign the world economy is clawing its way out of recession.
WPP Group suffers slump, profit falls 54%
Following the recessionary headwinds, WPP Group, London, an advertising agency said it has recorded decline in profit of 54 percent to 217million from $469 million.
Dana Electronics train Whirlpool dealers
As part of activities to consolidate its Nigerian market share, Dana Electronics Limited, authorised distributor of the Whirlpool home appliances in Nigeria yesterday held a training session for a number of the brand dealers across the country on the current and new product line ups.
Ramadan promo: Starcomms slash on-net call to N1
Subscribers on the 4th largest telecommunication company in Nigeria, Starcomms Plc are in for lengthy conversations this Ramadan period as the network offers them a record tariff_slash.
Luna Milk begins Promo
Luna Milk has announced the launch of a Mega, Instant_Win Prize Promotion for its Evaporated Milk under the banner of Luna Treasure Can Promotion.
