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Survey Of Market Consumables Commences In 2012
As from the first quarter of the year 2012, the Institute of Public Analysts of Nigeria (IPAN) would commence a market survey of all consumables. IPAN is recognized as one of the tools of the Federal Government...
- Posted November 25, 2011
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India firm buys Nigeria, DRC crude oil
India’s Mangalore Refinery and Petrochemicals (MRPL) has bought 1.3 million barrels of West African crude oil for loading in January and February via tender, trade sources said yesterday. MRPL according to Reuters News, bought 650,000 barrels of Nigerian Escravos...
- Posted November 25, 2011
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Obasanjo becomes IITA’s Goodwill Ambassador
To help boost the fight against hunger and poverty in Africa, former President Olusegun Obasanjo has accepted to be a “Goodwill Ambassador ” of the International Institute of Tropical Agriculture (IITA). A statement issued by the IITA...
- Posted November 25, 2011
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Nigeria sells N111b T-bills
The Federal Government sold N110.85 billion ($693.90 million) in short-dated treasury bills at an auction yesterday, with yields falling sharply compared to the trend at the previous auction, the Central Bank of Nigeria (CBN) said. The apex...
- Posted November 25, 2011
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FG May Issue Visa to Passengers at Lagos Airport
There are indications that the Federal Government might introduce the issuance of visa to passengers who are transiting from the Murtala Muhammed International Airport, Lagos to other African countries, which would enable them move freely until they...
- Posted November 25, 2011
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NEXIM promotes non-oil export with N70b
NIGERIAN Export Import Bank (NEXIM) has disbursed about N70 billion to support over 900 export projects in the Small and Medium Scale Enterprises (SMEs) since inception. Besides, the bank has committed N28.84 billion as intervention funds for...
- Posted November 25, 2011
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Mrs. Waziri’s Removal Is Insufficient
Mrs. Farida Waziri’s removal from Economic and Financial Crimes Commission is not sufficient. What we need is far-reaching reforms targeted at institutions of government to usher in a new dawn. After being at the saddle for three-and-a...
- Posted November 25, 2011
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Lagos Island Waters Pollution
I have watched with awe as the waters surround the island become drenched in toxic substance thereby raising the fear of a possible epidemic. In recent times, we have seen a spiral growth in Persistent Organic Pollutants...
- Posted November 25, 2011
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Movers and Shakers in Nigerian Government
The Financial Times has attempted to document the heavyweights of the Goodluck Jonathan administration. Whilst the criterion for the selection of the “Movers and Shakers in the new administration” is not provided, the list compiled by William...
- Posted November 25, 2011
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Retail Investors Flee As Stock Market Plummets Beyond 20,000 Threshhold
The Nigerian Stock Exchange has fallen below the 20,000 threshold today, signaling gross market pessimism and general market avoidance by the retail investing public. Many Nigerians are not willing to return to the stock market after the...
- Posted November 24, 2011













