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Operator advises CBN on stable economic policies
Mr Harrison Owoh, a dealer in the foreign exchange market, on Tuesday advised the acting and incoming governor of CBN to stabilise the economy to boost investors’ confidence. Owoh told the News Agency...
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Tambuwal reiterates fight against revenue loses
The Speaker, House of Representatives, Alhaji Aminu Tambuwal, has reiterated the parliament’s resolve to continue on the path of “truth “while addressing issues of revenue losses. Tambuwal said this on...
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Dangote to build cement factory in Congo
Nigerian conglomerate Dangote Group is to build a cement factory in Yamba, southern Congo, in an investment worth 292.9 million dollars, its Chief Executive Officer, Aliko Dangote, announced on...
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PPPRA attracts N70bn investment in 2 yrs, says Stanley
FLOATING FILLING STATION AT BUGUMA IN RIVERS The out-going Executive Secretary of the Petroleum Products Pricing Regulatory Agency (PPPRA), Mr Reginald Stanley, on Tuesday said the agency attracted...
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NEITI, Solid Minerals Ministry develop legal framework for solid minerals...
LOCAL MINERS AT A LOCAL MINING SITE IN NINGI LGA OF BAUCHI The National Extractive Industries Transparency Initiative (NEITI), on Tuesday said it was collaborating with the Federal Ministry of Solid...
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More rice carrying vessels arrive in Lagos – NPA
The Nigeria Ports Authority (NPA) said on Tuesday that more vessels carrying rice would arrive at the Lagos ports from Tuesday to Thursday. This is contained in NPA’s daily bulletin, “Shipping...
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2014 Budget: IG faults allocation to Police
The Inspector-General (IGP) of Police, Mr Mohammed Abubakar says the Nigeria Police may not be able to pay the salaries of its personnel in 2014 due to a shortfall of N14.4 billion in the personnel...
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Lekki International Airport project on course – Fashola
FROM LEFT:LAGOS COMMISSIONER FOR WATERFRONT, PRINCE ADESEGUN ONIRU; GOV. BABATUNDE FASHOLA OF LAGOS AND PROJECT SUPERVISOR, MARINA SHORELINE, BADAGRY, MR IBIKUNLE FAKEYE DURING A VISIT OF GOV. FASHOLA...
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DPR assures availability of petroleum products
The Department of Petroleum Resources on Tuesday said that the Federal Government was doing everything possible to ensure the availability of petroleum products nationwide. The department’s Zonal...
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Reps committee commends CBN on remmittance
The House of Representatives Committee on Finance on Tuesday commended the Central Bank of Nigeria for its timely remittance to the Federation Account. This is contained in a statement by the CBN...
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GEMS3 to support Kogi Govt. to reposition tax system
The Growth and Empowerment in States (GEMS3), a DFID funded programme in Nigeria, has expressed its determination to support Kogi Government to reposition its tax system through new payment mechanisms....
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Alleged N15bn fraud: Court fixes March 14 for ex-Gulf Bank MD’s trial
A Federal High Court in Lagos on Wednesday fixed March 14 for the trial of a former Managing Director of the defunct Gulf Bank, Johnson Adebami, and three others over alleged N15 billion fraud. Justice...
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“Shippers council must live up to our expectations” — Freight Forwarders
Even as the Nigerian Shippers’ Council has been granted approval by the Federal Executive Council to act as the commercial regulator of port activities, freight forwarding associations in the sector...
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NIMAREX solicits indigenous participation in 2014 Expo
The organizing committee of the Nigerian Maritime Expo (NIMAREX) has called on indigenous players in the maritime industry to take advantage of the 2014 edition of the programme by displaying their...
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2014 Budget may be stalled by poor revenue projection
The passage of the 2014 budget may face another delay following the observation by members of the House of Representatives that the budget preparation process was not inclusive among ministries,...
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Kwara Government to enforce signage and advertisement agency law
By Olarotimi Oshin The Kwara State Government has called on corporate bodies, individuals, and all political parties to register and obtain permit from the Kwara State Signage Agency (KWASA) before...
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NEITI wants Nigeria’s refineries privatised
The Nigeria Extractive Industries Transparency Initiative (NEITI) in Abuja on Wednesday recommended the privatisation of the country’s refineries. The NEITI Executive Secretary, Mrs Zainab Ahmed, made...
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NEITI says NNPC didn’t disclose $22.8bn in audit report
Barely a day after the House of Representatives ad hoc committee commenced investigation of the report of the Swiss-based Non-Governmental Organisation (NGO), Berne Declaration, involving the Nigerian...
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Customs seized N1bn contraband in 2013 in Lagos
The Federal Operation Unit Zone `A’ Ikeja, Lagos, on Wednesday said it intercepted over N1 billion contraband in 2013. Alhaji Nuhu Mahmoud, the Controller, Federal Operations Unit Zone ‘A`, of the...
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Sen. Abe wants NNPC restructured for optimal performance
GOV. CHIBUIKE AMAECHI (L) OF RIVERS, AND SEN. MAGNUS ABE AT A PUBLIC SESSION ON THE REVIEW OF 1999 CONSTITUTION IN PORT HARCOURT The Chairman, Senate Committee on Petroleum (Downstream) Sen. Magnus Abe...
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