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All posts by BusinessNews Staff

  • Nigeria pushes for higher OPEC quota

    THE Federal Government has concluded plans to place a fresh application, seeking review of the country’s oil export quota from Organisation of Petroleum Exporting Countries (OPEC). The move was sequel to the relative peace experienced in the...

    • Posted March 21, 2011
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  • Govt to pursue low carbon industrial strategy, says minister

    THE Federal Government has unfolded plans to  pursue a low carbon industrial strategy to achieve Vision 2020 targets. The strategy was contained in a release signed by Michael Donovan,  press secretary, International Centre for Energy, Environment and...

    • Posted March 21, 2011
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  • Sanusi blames violence in Jos, others on poverty, ignorance

    GOVERNOR of the Central Bank of Nigeria (CBN), Sanusi Lamido Sanusi, said on Saturday, that most of the violence that occurred in Jos, Bauchi, Borno and the Niger Delta were caused by poverty and ignorance. Sanusi said this in Jos, after receiving an...

    • Posted March 21, 2011
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  • Nigeria’s populace, economy safe with ongoing nuclear programme, says Elegba

    THE earthquake and tsunami that recently rocked Japan’s economy, almost to its foundation, have brought to the fore, once again, public fears over the safety of nuclear power plants, to human population. Specifically, the trepidations were hiked...

    • Posted March 21, 2011
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  • Inflation biggest threat in 2011, says Khan

    INFLATION has been identified as a key threat to the nation’s economy in 2011, even as it has remained static but on the high side in recent years. This was made known at a media forum with...

    • Posted March 21, 2011
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  • World Bank to spend N600m on community projects in Niger

    THE World Bank is spending N600 million in 2011 on the execution of development projects in rural communities in Niger State under its community assistance programme. The programme’s Project Manager, Alhaji Adamu Abubakar, made the announcement at...

    • Posted March 21, 2011
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  • Kaduna to disburse interest-free loans to 7,650 persons

    THE Kaduna State government is to disburse interest-free loans to 7,650 beneficiaries under its poverty alleviation scheme. The Commissioner for Poverty Alleviation, Mr. Yohanna Chindo made the announcement on Friday in Kaduna at a skill acquisition training...

    • Posted March 21, 2011
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  • NEXIM to join Commonwealth Lawyers Association to promote trade

    THE Nigerian Export-Import Bank (NEXIM) on Friday in Abuja expressed its readiness to partner with the Commonwealth Lawyers Association (CLA) to promote trade. The bank’s Managing Director, Mr. Roberts Orya said in a statement issued by Mr....

    • Posted March 21, 2011
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  • NAPE urges govt to shun opposition to PIB passage

    NIGERIAN Association of Petroleum Explorationists (NAPE) has called on the Federal Government to ignore every opposition to the passage of the Petroleum Industry Bill to avoid further delay. The association made this call at its monthly technical...

    • Posted March 21, 2011
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  • Firm advocates ‘cost reduction mechanism’ for profitability

    HYPEX Consulting has said that for companies and institutions to remain competitive and maintain profitability, they must, as a matter of necessity, look into managing their operating (non-core) costs in an efficient and effective manner, while not...

    • Posted March 21, 2011
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