All posts tagged "featured"

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  PTA/BTA: BDCs get new rate from CBN

  The Central Bank of Nigeria yesterday sold the dollar at N358 to the Bureau De Change operators one naira above the N357 sold to the banks signifying an additional trouble for the street traders. The apex bank...

  • Posted March 29, 2017
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  World Bank debates $150m FG request for mining sector

  The board of the World Bank was deliberating in Washington on a proposal by Nigerian government of $150 million concessional loan for the development of the mineral sector, the Minister of Mines and Steel Development, Dr. Kayode...

  • Posted March 29, 2017
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  Kaduna Airport in good conditions – FAAN

  In what appears a response to the concern raised last week by the House of Representatives on the state of the Kaduna International Airport, the Federal Airports Authority of Nigeria (FAAN) has said the facilities at the...

  • Posted March 28, 2017
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  FG denies indebted oil marketers import license

  The Minister of State for Petroleum Resources, Ibe Kachikwu, has directed the Petroleum Products Pricing Regulatory Agency (PPPRA) and the Nigerian National Petroleum Corporation (NNPC) to deny import license and loading of petroleum products to oil marketing...

  • Posted March 28, 2017
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  Complaints over outages, high bills persist with 4,000mw grid

  The national electricity grid has sustained a peak generation of over 4,000 megawatts (mw) in the past weeks. It rose to 4,452mw last Wednesday with a transmitted energy of 90,983 megawatt hour (mwh); as at weekend, the...

  • Posted March 28, 2017
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  Prices of food items slip as dollar crashes further

  Price of food Items in some markets across the country has began to reduce due to the appreciation of naira against the United States Dollar. Our reporters gathered from Suleja market, one of the main source of...

  • Posted March 27, 2017
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  Uncertainty trails new Abuja airport terminal

  The airport facility is one of four being built with a $600 million loan from the Chinese government by the China Civil Engineering and Construction Company (CCECC) as part of the contractual agreement. The facility, expected to...

  • Posted March 27, 2017
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  FG may transform illegal refiners to shareholders of proposed modular refineries

  Local “illegal” refiners in the oil-producing communities maybe  co-opted as shareholders in the Federal Government’s proposed modular refineries, a presidency source has disclosed. The source who preferred to remain anonymous said the Presidency and the Nigeria Sovereign...

  • Posted March 27, 2017
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  NCC says active telecoms users now 154.1m

   Active users of telecommunications services in Nigeria increased from 155.1 million in January to 154. 1 million in February, the Nigerian Communications Commission (NCC) has said. The NCC noted a decrease of 993,063 in the number of...

  • Posted March 26, 2017
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  FG assures power companies of support

  The Minister of Power, Works and Housing, Mr Babatunde Fashola says the Federal Government will support power companies in Nigeria to resolve its generation problem. Fashola, who gave the assurance in Abeokuta during a tour of Olorunsogo...

  • Posted March 26, 2017
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