Don't Miss


All posts tagged "featured"

  • FG subsidy on petrol increases – PPPRA

    The federal government is now paying between N12.62 and N12.88 as subsidy for every litre of petrol consumed by Nigerians, the updated pricing template of the Petroleum Products Pricing Regulatory Agency (PPPRA) has shown. The template, which...

    • Posted May 4, 2016
    • 0
  • Interbank rate falls on budget, treasury bill funds

    The nation’s overnight interbank rate has fallen to an average of three per cent from five per cent a week earlier, data from the FMDQ OTC website have shown. This came after banking system liquidity rose following...

    • Posted May 3, 2016
    • 0
  • Lagos to build housing estates in all LGAs

    As part of its new housing policy, the Lagos State Government says it plans to partner local government councils in building construction. The Commissioner for Housing, Gbolahan Lawal, said the move would enable the state to provide...

    • Posted May 3, 2016
    • 0
  • Oil drilling to start year end in Chad Basin – Kachikwu

    The Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Dr. Ibe Kachikwu, yesterday disclosed that Nigeria would start oil drilling activities in the Chad Basin by the last quarter of 2016. Kachikwu in a...

    • Posted May 3, 2016
    • 0
  • Aviation passenger traffic dipped by 0.4% in Q4 2015 – NBS

    Total aviation passenger traffic declined by 0.4 per cent in the fourth quarter of 2015, according to the National Bureau of Statistics (NBS). It noted that Q4 witnessed “both a quarterly and a year on year decline,...

    • Posted May 3, 2016
    • 0
  • Bi-Courtney claims Arik owes it N12.5bn

    Bi-Courtney Aviation Services Limited (BASL), the operator of the Murtala Muhammed Airport Two (MMA2), Lagos, has claimed that Arik Air’s alleged N12.5 billion indebtedness, which led to the disruption of its operations in Lagos and Abuja by...

    • Posted May 3, 2016
    • 0
  • First Bank leads as CBN sells $669m to banks in April

    As the Central Bank of Nigeria (CBN) continues with its demand management in the allocation of foreign exchange (forex) to end users in the economy, returns on forex utilisation published by commercial and merchant banks have shown...

    • Posted May 3, 2016
    • 0
  • Benue Government blames FG, oil price for non-payment of salaries

    The inability of the Benue State government to meet workers wage bill has been blamed on the shortfall in revenue accruing to the state from the federation account and the lack of will by the federal government...

    • Posted May 3, 2016
    • 0
  • We will pay our debts – Airlines assure NCAA

    Airline operators in the country have assured the Nigerian Civil Aviation Authority that all outstanding debts will be paid in line with an agreement reached with the agency a week ago. The assurance was given during a...

    • Posted May 2, 2016
    • 0
  • Foreign exchange earnings drop by $7.05bn

    The Nigerian economy recorded a decline of $7.95bn in foreign exchange inflows in the last quarter of 2015, figures obtained from the Central Bank of Nigeria have revealed. The CBN said in its economic report for the...

    • Posted May 2, 2016
    • 0