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All posts tagged "featured"

  • Minister-of-Finance-Kemi-Adeosun-
    Experts caution against borrowing as deficit hits N890bn

    The Federal Government recorded a deficit of N890.9bn in its fiscal operations within the first four months of this year, figures obtained from the Federal Ministry of Finance indicated. Financial analysts attributed the development to over-reliance on...

    • Posted July 25, 2016
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  • Buhari 1-1238
    Why I excluded private sector players in economic team – Buhari

    President Muhammadu Buhari said he was averse to the inclusion of members of the private sector in his administration’s Economic Management Team because such people frequently steer government policy to suit their own narrow interests. According to...

    • Posted July 25, 2016
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  • Rotimi-Amaechi
    Amaechi accuses Customs of frustrating port operations

    The Minister of Transportation, Rotimi Amaechi, has said the failure of the Nigeria Customs Service to connect to the National Single Window, a cross-government website for trade facilitation, is hindering the effective operation at the seaports. He...

    • Posted July 25, 2016
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  • gaspipeline
    Forcados crude exports may be halted for months

    Nigeria’s Forcados crude oil exports may remain halted for a month or more as pipeline repairs continue following a rash of militant attacks since February, according to an industry source familiar with the matter. The Shell Petroleum...

    • Posted July 24, 2016
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  • Power-transmission-infrastructure
    We’re losing N238bn monthly to theft – Power firm

    The Port Harcourt Electricity Distribution Company has said it loses over seven million kilowatt-hour, an equivalent of over N238bn, to direct electricity theft a month. The Head, Revenue Protection Department, PHED, Mr. Nsika Udi, said on Friday...

    • Posted July 24, 2016
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  • Nigerian-stock-exchange
    NSE market capitalisation drops by N116bn

    Nigerian equity market for the fifth consecutive day extended down trend with the market capitalisation losing N116 billion due to price loses posted by major blue chips. The market capitalisation on Friday  shed N116 billion or 1.21...

    • Posted July 24, 2016
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  • 280314N.NERC-Logo
    FG opposes electricity tariff reversal, backs NERC

    The Federal Government on Thursday opposed the court ruling that mandated it and the Nigerian Electricity Regulatory Commission to reverse the 45 per cent increase in power tariffs payable by consumers across the country. It also commended...

    • Posted July 23, 2016
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  • Kemi Adeosun
    FG to start international borrowing in Q3 – Adeosun

    The Federal Government will start borrowing abroad in the third quarter, the Minister of Finance, Mrs. Kemi Adeosun, has said. This is coming barely one week after the Central Bank of Nigeria floated the naira completely on...

    • Posted July 23, 2016
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  • train_lagos
    Government fixes fares for Abuja-Kaduna rail service

    The Federal Government is set to inaugurate the completed Abuja-Kaduna rail project and has fixed the boarding fees for passengers who intend to use the facility. The Minister of Transportation, Rotimi Amaechi, who was accompanied on the...

    • Posted July 23, 2016
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  • Umar Danbatta
    Danbatta lists importance of broadband to national development

    The Executive Vice Chairman of the Nigerian Communications Commission (NCC), Professor Umar Garba Danbatta has reiterated the importance of broadband to national development, just as he urged Nigerians to support the national broadband policy of the federal...

    • Posted July 22, 2016
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