All posts by BusinessNews Staff

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  Budget implementation: House Committee gives AGF pass mark

  The Chairman, House of Representatives Committee on Finance, Mr Abdulmumin Jibrin, on Wednesday in Abuja rated the office of the Accountant General of the Federation (AGF) fair on budget implementation. “We have looked at the releases and...

  • Posted September 26, 2013
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  Obi pledges to make Anambra community centre of agriculture

  The Anambra State government has initiated partnership with a continental farming group, Songhai System Africa to develop Integrated Agricultural project at Urum, Awka North Local Government Area. Governor Peter Obi who disclosed this while inspecting facilities at...

  • Posted September 25, 2013
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  NATE pledges to make Nigeria technologically self-reliant

  The Nigeria Association of Technologists in Engineering, NATE, says it is determined to make Nigeria technologically self-reliant and create employment opportunities for the nation’s teeming youths. The national president of the association, Dr Leo Okereke, gave the...

  • Posted September 25, 2013
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  Ex-IMF Chief, Strauss-Kahn, takes job as bank boss

  A former IMF Chief, Dominique Strauss-Kahn, has been named head of an investment firm, marking another step in the business comeback of a man whose career and French Presidential hopes were ruined by a sex scandal. The...

  • Posted September 25, 2013
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• BOG approves take-over of ICB by First Bank of Nigeria

  The Bank of Ghana (BOG) has approved the acquisition of Ghana’s International Commercial Bank (ICB) by the First Bank of Nigeria (FBN). A statement by the BOG on Wednesday,stated that the terms of the approval required the...

  • Posted September 25, 2013
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  19 ships carrying petrol berth at Lagos ports

  The Nigerian Ports Authority (NPA) says 19 ships laden with petroleum products have arrived at the Lagos ports. The NPA, in its daily publication the “Shipping Position”, on Wednesday in Lagos, said that the ships were part...

  • Posted September 25, 2013
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  FG working to make Nigeria regional hub for gas-based industries – NNPC

  Dr David Ige, the Group Executive Director, Gas and Power Directorate of NNPC said that the federal government was working to position Nigeria as the regional hub for gas-based industries. Ige who made this known on Tuesday...

  • Posted September 25, 2013
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  Central Bank maintains 12% lending rate

  The Central Bank of Nigeria (CBN) on Tuesday retained the lending rate at 12 per cent, the CBN Governor, Malam Sanusi Lamido Sanusi, said. Sanusi said this while briefing newsmen on the outcome of the Monetary Policy...

  • Posted September 25, 2013
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  Oil theft: Navy hands over 61 suspects to Police in Bayelsa

  The Central Naval Command of the Nigerian Navy in Yenagoa on Tuesday handed over 61 suspected oil thieves to the police in Bayelsa for further investigation and prosecution. The News Agency of Nigeria (NAN) reports that the...

  • Posted September 25, 2013
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  NNPC calls for speedy passage of PIB

  Nigeria National Petroleum Corporation (NNPC) on Tuesday urged the National Assembly to ensure speedy passage of the Petroleum Industry Bill (PIB) to transform the nation’s oil and gas sector. The Group Managing Director of the Corporation, Mr...

  • Posted September 25, 2013
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