All posts tagged "featured"

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  Why there won’t be open bidding for refineries – Kachikwu

  The Minister of State for Petroleum Resources, Ibe Kachikwu said refineries repair cannot be done in an open bidding process. Speaking to Daily Trust in Vienna, Austria yesterday at the ongoing 172nd OPEC meeting, Kachikwu said refineries...

  • Posted May 27, 2017
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  Nigeria, Libya exempted as OPEC extends cut for nine months

  Nigeria and Libya have been exempted further, as the OPEC and non-OPEC producing members agree to extend the crude oil production cut by another nine months to allow further rebalancing of the market. The decision took place...

  • Posted May 27, 2017
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  Sokoto uncovers 13,415 ghost workers

  The Sokoto State Government Thursday said no fewer than 13,415 ghost workers were uncovered and removed from the payroll during the last verification exercise in the state. He also said the state government saved over N300 million...

  • Posted May 26, 2017
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  Dangote Cement’s N144.8bn dividend delights shareholders

  Shareholders of Dangote Cement Wednesday were full of praises for the board, management and staff of the company after approving the dividend payout of N144.8 billion, which translated to N8.50 kobo per share as against N8 per...

  • Posted May 26, 2017
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  FG concessions rail lines to GE, Multinational to invest over $2.2bn

  The federal government Wednesday handed over the letter of award appointing General Electric (GE) as the concessionaire for two narrow gauge rail lines in the country, after the company’s emergence as the preferred bidder for concessions. The...

  • Posted May 26, 2017
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  Ambode condemns Lekki unrest, laments threat to $15bn investment

  Lagos State Governor, Mr. Akinwunmi Ambode, Thursdaycondemned the communal conflict that resulted in the death of a police inspector and siblings at Lekki communities at the weekend, saying he will not entertain any threat to the $15...

  • Posted May 26, 2017
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  Summit will complement FG’s recovery plan – Osinbajo

  Acting President, Mr Yemi Osinbajo has said, the 2nd Kano Economic summit would complement the federal government agenda of revitalizing the nation’s economy. Speaking at the summit through the Minister of Internal Affairs, General Abdulrahman Bello Dambazau...

  • Posted May 25, 2017
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  New investors’ window attracts $1.4bn FX inflow – Emefiele

  The recently created Central Bank of Nigeria (CBN) Investors’ and Exporters’ FX Window has attracted $1.4bn in four weeks, the Central Bank of Nigeria (CBN) governor, Mr. Godwin Emefiele has said. Mr. Emefiele disclosed this while fielding...

  • Posted May 25, 2017
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  Customs attains 75% automation, cuts inspection hour – Ali

  The Comptroller General of Customs, Col. Hameed Ali (Rtd) said Customs has attained 75 per cent automation level while cutting down inspection hours of imported items and papers processing at ports and airports to ease business operations....

  • Posted May 25, 2017
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  Senate queries CBN over non-circulation of coins

  The Senate yesterday frowned at the non-circulation of coins in the country, urging the Central Bank of Nigeria (CBN) to intensify efforts at addressing the situation. This followed a motion sponsored by Senator Mustapha Bukar (APC, Katsina)...

  • Posted May 24, 2017
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