All posts tagged "featured"

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  Railway concession: GE to bring 20 locomotives, 200 wagons – Amaechi

  Ahead of the proposed concession of the Nigeria Railway projects to General Electric (GE), the Minister of Transportation, Mr. Rotimi Amaechi yesterday met with railway workers assuring them of safety of their jobs. The Minister also said...

  • Posted May 10, 2017
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  Manufacturers raise alarm over influx of substandard drugs in suburbs

  The Pharmaceutical Manufacturers group of Manufacturers Association of Nigeria (PMG-MAN) has raised alarm over the disposal of substandard drugs in hinterlands owing to lack of concern by government authorities. The Chairman, PMG-MAN Committee Forum, Mr. Biola Adebayo...

  • Posted May 10, 2017
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  World food prices fell by 1.8 % in April – FAO

  World food prices fell 1.8 per cent in April from the month before as values declined for all agricultural commodities except meat, the United Nations food agency said yesterday.  The Food and Agriculture Organisation’s (FAO) food price...

  • Posted May 8, 2017
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  Fidelity Bank pays N4.1bn dividend

  Shareholders of Fidelity Bank Plc have been rewarded with N4.056 billion representing 14 kobo per ordinary share as dividend in the bank for the financial year ended 31 December, 2016 upon approval at the bank’s 29th annual...

  • Posted May 8, 2017
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  Shell profit up by $2.2bn, to invest $25bn in Nigeria, others

  The net profit of Royal Dutch Shell more than doubled in the first three months of 2017, surpasing predictions by analysts as rebounding oil prices and refining gains helped to boost the company’s revenue. The company’s first...

  • Posted May 8, 2017
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  Adeosun assures Japanese investors of fiscal incentives

  The Minister of Finance, Mrs Kemi Adeosun, says government has packaged fiscal incentives that will make foreign investors conduct their businesses with ease in the country. Speaking yesterday while receiving the Japan Trade and Investment Mission led...

  • Posted May 8, 2017
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  FG to use free trade zones for industrialisation – NEPZA

  The Federal Government is committed to industrializing Nigeria through various Free Trade Zones (FTZs) across the country. The Managing Director of Nigeria Export Processing Zones Authority (NEPZA), Emmanuel Jime, said this while on fact-finding and familiarisation tours...

  • Posted May 5, 2017
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  Disquiet over NLNG Act amendment

  The National Assembly is set to pass a bill seeking to amend the Nigeria Liquefied Natural Gas (NLNG) Act to compel the NLNG to pay 3 percent of its total annual budget to the Niger Delta Development...

  • Posted May 5, 2017
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  States debts hit N4.08trn – NBS

  The foreign and domestic debts of the 36 states of Nigeria and the Federal Capital Territory (FCT) amounted to N4.08 trillion as at the end of 2016. The Nigerian Domestic and Foreign Debt 2016 Report released yesterday...

  • Posted May 5, 2017
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  FG pays IOCs $400m as part settlement of cash call debt

  The federal government has begun redeeming its pledge to settle outstanding joint venture cash call debts it owes international oil companies (IOCs), with $400 million released to them last week, the Minister of State for Petroleum Resources,...

  • Posted May 4, 2017
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