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All posts tagged "featured"

  • Nationwide blackout looms as TCN locks out workers

    The Transmission Company of Nigeria on Wednesday locked out workers from its headquarters in Abuja over a disagreement with the management and the Federal Ministry of Power, spiking fears that the nation may be plunged into a...

    • Posted April 21, 2016
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  • FG recorded N289bn fiscal deficit in Q4 – CBN

    The Federal Government recorded a fiscal deficit of N289.1bn in its operations in the fourth quarter of 2015, figures obtained from the Central Bank of Nigeria revealed. The figures, contained in the economic report of the apex...

    • Posted April 21, 2016
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  • Nigeria, France to sign agreement on N11.15bn power training facility

    Nigeria and the government of France will in May sign a €50 million (N11.15 billion) loan for the development and upgrade of power training facilities in the country, the Director-General of the National Power Training Institute of Nigeria...

    • Posted April 21, 2016
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  • FG urged to develop infrastructure bonds for pension funds investment

    The federal government has been urged to develop attractive infrastructure bonds that will guarantee the safety of pension funds  which investment experts and government have been eyeing for   infrastructural development. The Pension Fund Administrators (PFAs) said at present in the country,...

    • Posted April 21, 2016
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  • Nigeria, others urged to tackle non-inclusive growth

    A former Deputy Governor of the Central Bank of Nigeria (CBN), Professor Kingsley Chiedu Moghalu has warned that if Nigeria and other developing countries fail to achieve inclusive economic growth, they would have missed the path to...

    • Posted April 21, 2016
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  • Foreign airlines accused of using Forex scarcity to rip off Nigerians, FG

    Foreign airlines operating in Nigeria have been accused of devising a means of ripping off Nigerians and the federal government by taking advantage of the shortage of dollars in the foreign exchange market, and the gap between...

    • Posted April 21, 2016
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  • FGN Bonds attract high patronage as investors return to Market

    After the initial apathy that trailed the Nigerian bond market following the decision by JP Morgan to remove Nigeria from its Emerging Market Government Bond Index (GBI-EM) last year, the market has since the beginning of the...

    • Posted April 21, 2016
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  • Fuel scarcity: Loading improves at depots

    The scarcity of Premium Motor Spirit (petrol) on Monday continued to take a toll on motorists who had to stay in queues for hours at the few filling stations selling the product in Lagos and Ogun states....

    • Posted April 20, 2016
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  • We paid FG $42bn in five years – Shell

    The Netherlands-based Royal Dutch Shell Plc on Monday said the economic contribution from Shell Petroleum Development Company of Nigeria Limited joint venture partners to the Federal Government was $42bn from 2011 to 2015. The oil giant said...

    • Posted April 20, 2016
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  • NNPC fights ExxonMobil, Shell over oil cargoes

    The Nigerian National Petroleum Corporation is in a standoff with energy giants, ExxonMobil and Royal Dutch Shell, over ownership of physical crude cargoes as the country seeks to shore up the budget. The dispute has delayed some...

    • Posted April 20, 2016
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