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All posts tagged "featured"

  • Bankers move to reduce non-performing loans

    Bankers in the country and West Africa have been urged to reduce the amount of non-performing loans in the Deposit Money Banks’ books by coming up with policies that will minimise credit risks. The West African Bankers...

    • Posted December 30, 2015
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  • Gas flaring: Senate to go tough on firms

    Worried by the excessive waste of gas through flaring, the Senate Committee on Gas has threatened to go tough on errant oil firms by ensuring the enforcement of necessary legislation against it from next year. The Chairman...

    • Posted December 30, 2015
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  • Falling oil price no cause for alarm – Buhari

    President Muhammadu Buhari has given an assurance that by blocking all leakages in revenue generation and eliminating wastes, the country will generate enough revenue to finance the N6 trillion budget he submitted to the National Assembly. The...

    • Posted December 29, 2015
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  • We can’t reverse ATM card ban abroad – CBN

    The Central Bank of Nigeria has said the decision of Deposit Money Banks to place a restriction on the use of Automated Teller Machine cards abroad by bank customers is due to scarcity of foreign exchange. The...

    • Posted December 29, 2015
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  • Ogbe wants subsidy fund diverted to agriculture

    he Minister of Agriculture and Rural Development, Chief Audu Ogbe, has said that the country would benefit more if the funds earmarked for fuel subsidy was channelled into the agricultural sector. According to Ogbe, the multi-billion naira...

    • Posted December 29, 2015
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  • NNPC to name filling stations, trucks receiving fuel

    The Pipelines and Products Marketing Company, a subsidiary of the Nigerian National Petroleum Corporation, has said it will start publishing trucks and the stations receiving fuel from Tuesday (tomorrow), in a bid to ensure effective monitoring. The...

    • Posted December 29, 2015
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  • Sell refineries as scrap – IPMAN tells FG

    The Federal Government has been advised to sell off any of the nation’s refineries that fails to come back on stream as well as deregulate the downstream sector of the oil and gas industry. The National Operation...

    • Posted December 29, 2015
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  • Power, works, housing ministry gets 700% budget increase

    The budget for the Federal Ministry of Power, Works and Housing in 2016 is over 700 per cent higher than the combined budgets of the ministries of Power, Works, and Lands/Housing/Urban Development as captured in the 2015...

    • Posted December 28, 2015
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  • We will hold Buhari to his promise not to remove fuel subsidy – NLC

    The Nigerian Labour Congress (NLC) on Saturday said the planned removal of fuel subsidy was illegal and diversionary, adding that the congress will not take it lightly should the government go ahead with the plan billed to...

    • Posted December 28, 2015
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  • Why Nigeria must prepare for a less than $20 oil price – Experts

    With the sustained slide in crude oil prices due to glut of oil on international market, experts have warned that Nigeria must prepare for a less than $20 oil price scenario. The warnings are coming on the...

    • Posted December 28, 2015
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