All posts tagged "featured"
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Ghost workers: FG summons bank MD, PenCom boss
The Federal Government, through the Minister of Finance, Mrs. Kemi Adeosun, summoned the managing director of a first generation bank to Abuja on Friday in connection with the alleged salary fraud in the civil service. The Director-General,...
- Posted February 21, 2016
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School fees, medical bills eligible for forex – CBN
The Central Bank of Nigeria says schools fees and medical bills are still among the items that are valid for foreign exchange allocation at its official window. This came barely two weeks after the Bankers’ Committee announced...
- Posted February 21, 2016
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Blackmail won’t deter us – NLC, TUC tell Discos
The Nigeria Labour Congress and the Trade Union Congress have warned electricity distribution companies against blackmailing Nigerians with threats of blackout following the Senate’s advice that a 45 per cent increase in electricity tariff be reverted. The...
- Posted February 21, 2016
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Why FG will concession rail management to foreign companies – Amaechi
Indications emerged over the weekend that the federal government will concession the operations of the newly completed 186km Abuja-Kaduna railway tracks to the China Civil Engineering and Construction Corporation (CCECC). In this same negotiation, arrangement is also...
- Posted February 21, 2016
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Lagos light rail ready in December — Ambode
Governor Akinwunmi Ambode of Lagos State says Lagosians will start using the blue line of the light rail project by December 2016. Ambode spoke during the 5th Lagos Corporate Assembly, a forum for public-private sector engagement, at...
- Posted February 20, 2016
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FG may further cut petrol price – PPPRA
The continued fall in crude oil price may lead to a further cut in the pump price of petrol by the Federal Government any time soon, the outgoing Executive Secretary of the Petroleum Products Pricing Regulatory Agency,...
- Posted February 20, 2016
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We’ve had enough of imports – Aisha Buhari
The wife of the President, Hajiya Aisha Buhari, has remarked that Nigeria has had enough of importation, adding that it is time to look inwards and start producing things locally. She made the remark during the launching...
- Posted February 20, 2016
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Bua, Chinese firm plan N374bn steel, cement plants
An indigenous conglomerate, the Bua Group, has resumed discussions with a Chinese firm, Sinoma International Engineering Company, on plans to construct a steel plant in Nigeria and two cement factories in East Africa. The Chairman, Bua Group,...
- Posted February 20, 2016
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EU pledges to assist Nigeria diversify economy
The European Union (EU) has promised to assist Nigeria attract the requisite investments that could aid ongoing efforts to diversify her economy as crude oil prices continue to fluctuate. Head of Delegation and EU Ambassador in Lagos,...
- Posted February 20, 2016
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Fitch upgrades Access Bank ratings
Global rating agency, Fitch Ratings has upgraded Access Bank’s long-term national ratings with a stable outlook. The global credit ratings and research firm also affirmed the Long-term IDRs of Access Bank and National Ratings. The National Rating...
- Posted February 20, 2016