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  • Bayelsa community raises alarm over Shell oil pollution

    The people of Ikarama community in Yenagoa, Bayelsa State have raised the alarm over oil spills that is currently affecting the Taylor Creek along the Biseni/JK4 Road. DailyPost gathered that the company is aware of the pollution...

    • Posted May 7, 2013
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  • JTB plans fresh law on multiple taxes

    The Joint Tax Board has begun fresh moves to address the multiplicity of taxes as it has concluded plans to send a proposal to the National Assembly to that effect. The bill will enable the tax authorities...

    • Posted May 7, 2013
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  • Osun expends N3billion on electricity

    The Special Adviser on Rural Development to the Osun State Governor, Mr. Kunle Ige, has said that over N3bn has been spent by the Rauf Aregbesola administration to provide electricity for rural communities in the state. Ige...

    • Posted May 7, 2013
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  • Publicly-quoted companies struggle to migrate to IFRS

    Some publicly-quoted companies due to release their financial year-end results in the International Financial Reporting Standards format are struggling to migrate, our correspondent has gathered. The Financial Reporting Council had issued a directive to all publicly-quoted companies...

    • Posted May 7, 2013
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  • FG to provide subsidy for Kebbi rice farmers

    The Minister of Agriculture, Dr. Akinwumi Adesina, has said the Federal Government will provide subsidy for rice farmers in Kebbi State to improve commercial production of the crop. Adesina said this in Suru Local Government Area of...

    • Posted May 7, 2013
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  • Nigeria to get more loans from World Bank

    Nigeria will soon be eligible for more funds from the World Bank, the bank’s Country Director for Nigeria, Ms. Marie-Francois Marie-Nelly, has said. Speaking to newsmen in Abuja on Monday, Marie-Nelly said the bank had resolved to...

    • Posted May 7, 2013
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  • NIMASA lifts blockade on NLNG

    There was relief for gas-dependent sectors of the economy on Sunday after the National Security Adviser,  Col. Sambo Dasuki (retd) and two ministers intervened in the feud between the Nigerian Maritime Administration and Safety Agency and the...

    • Posted May 6, 2013
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  • FAAN increases Abuja airport toll by 50%

    The Federal Airports Authority of Nigeria has increased the toll payable on the Nnamdi Azikiwe Airport road in Abuja by 50 per cent. The increase takes effect from today (Monday). This, it was learnt on Sunday, came...

    • Posted May 6, 2013
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  • Electricity: FG releases $3.7bn, targets 20,000MW

    Vice-President Namadi Sambo on Sunday said efforts were being made to wheel about 20,000 megawatts of electricity for the country to improve power transmission. A statement by the vice-president’s spokesman, Mr. Umar Sani, quoted Sambo as saying...

    • Posted May 6, 2013
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  • Private jet owners barred from carrying friends, associates

    The revolution sweeping through the nation’s aviation industry is likely to cause discomfort to private jet owners as a new policy introduced by the Federal Government has come up with stringent conditions for their operations, OYETUNJI ABIOYE...

    • Posted May 6, 2013
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  • National Assembly dumps Jonathan’s supplementary budget

    There were indications, yesterday, that the National Assembly (NASS) might have decided to distance itself from further deliberation and approval of the supplementary budget sent to the lawmakers by President Goodluck Jonathan last March. The reason for...

    • Posted May 6, 2013
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  • World Bank, IFAB pledge $1.9bn to boost agriculture in Nigeria

    The World Bank has said that it would commit one billion dollars to support Nigeria’s agricultural sector in the next five years. Ms Marie-Francoise Marie- Nelly, its Country Director, said this at a workshop on Gender and...

    • Posted May 6, 2013
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  • Nigeria will become gateway to African capital markets – Dangote

    Alhaji Aliko Dangote, the President, Nigerian Stock Exchange (NSE), says Nigeria will soon be the gateway to African capital markets. Dangote made the forecast at the 52nd Annual General Meeting (AGM) of the NSE on Friday in...

    • Posted May 5, 2013
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  • Insurance companies pay N23.5billion to flood, fire victims

    Insurance companies have paid a total sum of N23.5bn as claims in four major flood and fire disasters recorded in some parts of the country in the last four years. SUNDAY PUNCH learnt on Friday that the payment...

    • Posted May 5, 2013
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