All posts tagged "featured"

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  2013 budget: Jonathan sends amendment to National Assembly

  President Goodluck Jonathan on Tuesday forwarded 2013 Appropriation Act Amendment Proposal to the National Assembly for approval. He also forwarded the 2013 Subsidy Reinvestment and Empowerment Programme (SURE-P) budget amendment proposal for consideration. The requests were contained...

  • Posted March 19, 2013
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  WEMA seeks to regain national bank status

  Wema Bank Plc, has disclosed that it will raise a 35 billion naira ($220 mn) private share placement to some investors by the end of April and apply to regain national bank status. Wema was one of...

  • Posted March 18, 2013
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  Manufacturing is the bedrock of development – RMRDC boss

  The Director-General/Chief Executive Officer, RMRDC, Prof. Azikiwe Onwualu, has said that the country may not make any reasonable progress if it fails to improve its manufacturing sector. According to him, manufacturing is the heart of development of...

  • Posted March 16, 2013
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  Elumelu appointed head of DELSU Governing Council

  The Delta State Governor, Dr. Emmanuel Uduaghan, has inaugurated the 7th Governing Council of the State University headed by Tony Elumelu, Charging the members to be resourceful and generate more revenue to boost academic excellence in the...

  • Posted March 16, 2013
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  FG begins implementation of budget three months into 2013

  The Federal Government has kick-started the implementation of the 2013 budget, as it has released about N400 billion first quarter capital vote. In a statement by the Special Adviser to the Coordinating Minister for the Economy and...

  • Posted March 15, 2013
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  Nigerian Government approves FESTAC Phase 2

  The Federal Executive Council, FEC, on Wednesday granted approval for the reclaiming and concessioning of the FESTAC phase 2 project. The Minister of Lands, Housing and Urban Development, Ama Pepple, said at the end of the FEC...

  • Posted March 14, 2013
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  NNPC disagrees with Reps over unremitted N142.7billion

  The Nigerian National Petroleum Corporation, NNPC has debunked the allegations by the House of Representative Committee on Finance, headed by Hon. Abdulmumin Jibrin, that the Corporation was owing the federal government, N142.7 billion as unremitted Internally Generated...

  • Posted March 13, 2013
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  Audit report indicts NNPC, DPR, PPPRA

  The House of Representatives Committee on Public Account has expressed dismay over the looting of the country’s revenue by public officials. To this end, the Committee has asked the Inspector General of Police (IGP), Alhaji Mohammed Abubakar,...

  • Posted March 13, 2013
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  Skye Bank injects $500m to maritime industry

  DailyPost can authoritatively report that Skye Bank Plc has granted credit facilities of $500 million to operators in the Nigerian Maritime industry. General Manager, Corporate Banking 11, Group responsible for the Maritime and Aviation sector, Segun Opeke,...

  • Posted March 10, 2013
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  Senators protest allocation of 83% of oil blocs to Northerners

  Senators from the oil-rich South-South region, on Wednesday, alleged that there was an imbalance in the allocation of oil blocs in the country, saying wealthy individuals from the North own 83 per cent of oil wells that...

  • Posted March 7, 2013
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