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All posts tagged "featured"

  • NEITI Logo
    NEITI raises alarm over growing states debt burden

    The Nigeria Extractive Industries Transparency Initiative (NEITI) says that the debt burden of the thirty six states of the federation has risen to over N3.342 trillion as at 2016 which signifies serious threat. Lagos, Delta, Osun and...

    • Posted March 29, 2017
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  • YUAN_and_Dollar
    PTA/BTA: BDCs get new rate from CBN

    The Central Bank of Nigeria yesterday sold the dollar at N358 to the Bureau De Change operators one naira above the N357 sold to the banks signifying an additional trouble for the street traders. The apex bank...

    • Posted March 29, 2017
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  • World Bank HQ
    World Bank debates $150m FG request for mining sector

    The board of the World Bank was deliberating in Washington on a proposal by Nigerian government of $150 million concessional loan for the development of the mineral sector, the Minister of Mines and Steel Development, Dr. Kayode...

    • Posted March 29, 2017
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  • Kaduna Airport 03
    Kaduna Airport in good conditions – FAAN

    In what appears a response to the concern raised last week by the House of Representatives on the state of the Kaduna International Airport, the Federal Airports Authority of Nigeria (FAAN) has said the facilities at the...

    • Posted March 28, 2017
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  • Ibe-Emmanuel-Kachikwu
    FG denies indebted oil marketers import license

    The Minister of State for Petroleum Resources, Ibe Kachikwu, has directed the Petroleum Products Pricing Regulatory Agency (PPPRA) and the Nigerian National Petroleum Corporation (NNPC) to deny import license and loading of petroleum products to oil marketing...

    • Posted March 28, 2017
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  • Power-transmission-infrastructure
    Complaints over outages, high bills persist with 4,000mw grid

    The national electricity grid has sustained a peak generation of over 4,000 megawatts (mw) in the past weeks. It rose to 4,452mw last Wednesday with a transmitted energy of 90,983 megawatt hour (mwh); as at weekend, the...

    • Posted March 28, 2017
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  • Food-products
    Prices of food items slip as dollar crashes further

    Price of food Items in some markets across the country has began to reduce due to the appreciation of naira against the United States Dollar. Our reporters gathered from Suleja market, one of the main source of...

    • Posted March 27, 2017
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  • 2017_new_Abuja_airport_terminal
    Uncertainty trails new Abuja airport terminal

    The airport facility is one of four being built with a $600 million loan from the Chinese government by the China Civil Engineering and Construction Company (CCECC) as part of the contractual agreement. The facility, expected to...

    • Posted March 27, 2017
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  • The-NNPC-refinery-in-Port-Harcourt-Rivers-State
    FG may transform illegal refiners to shareholders of proposed modular refineries

    Local “illegal” refiners in the oil-producing communities maybe  co-opted as shareholders in the Federal Government’s proposed modular refineries, a presidency source has disclosed. The source who preferred to remain anonymous said the Presidency and the Nigeria Sovereign...

    • Posted March 27, 2017
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  • Telecomms towers
    NCC says active telecoms users now 154.1m

     Active users of telecommunications services in Nigeria increased from 155.1 million in January to 154. 1 million in February, the Nigerian Communications Commission (NCC) has said. The NCC noted a decrease of 993,063 in the number of...

    • Posted March 26, 2017
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