All posts tagged "featured"
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FG Says 700MW Zungeru Hydro Plant Will be Complete in 48 months
As the Federal Government continues its drive and determination to solve the power supply challenge in the Nation, one of the Hydro Power plants which is to produce 700mw of electricity for the country has been primed...
- Posted December 12, 2012
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Excess Crude Account: State Governors Insist on $1bn pre-Xmas Payment
The Plagued Nigerian fuel sector seems to be headed towards doom as fuel crisis intensifies. After paying N881billion, this year as subsidy claims, the Federal Government has N100billion outstanding subsidy claims to settle. Accompanied by Governors Kayode...
- Posted December 12, 2012
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NLC, NUP Insist Pension Reform Team Must Be Sacked
The Nigeria Labour Congress has called on the Federal Government to sack the Alhaji Abdulrasheed Maina-led Pension Reforms Task Team for purportedly deserting and ignoring Nigerian pensioners. The President of the NLC, Mr. Abdulwaheed Omar, said this...
- Posted December 12, 2012
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EFCC to Declare Ex-Governor Audu Wanted Over Alleged N4 billion Fraud
The Economic and Financial Crimes Commission (EFCC) yesterday said it has concluded all modalities to declare former Kogi State Governor, Alhaji Abubakar Audu, wanted over alleged N4bn fraud. A statement by the spokesperson for the EFCC, Mr....
- Posted December 12, 2012
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Nigeria Stock Exchange Watch: ASI (+0.85%) Crosses 27,000 as 7UP (+10%) Leads
The Nigerian Stock Exchange gained big today as the All Share Index crossed the 27,000 pyschological mark to close at 27,050.19. The year-to-date performance of the market has topped 30% for the first time this year, it...
- Posted December 11, 2012
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Nigeria to benefit from Chevron’s $33 billion Investment
As part of its new drive to push development and aid the acceleration of economic growth in the countries in which it has major, American Oil major Chevron also plans to invest big time in Nigeria. This...
- Posted December 11, 2012
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Chinese Firm to Assist SON in Tackling the Menace of Fake Products
In its quest to restore values and sanity to the importation of goods into the market in Nigeria, the Certification bearer the Standards Organization has received a major boost by entering into a strategic partnership with a...
- Posted December 11, 2012
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Interconnectivity Rates for Telecoms to Drop
The over 100 million active mobile subscriber base in Nigeria, are set to enjoy new reduced and affordable call rates between telecommunications networks. This comes at a time the Regulatory body for the Mobile Telecommunications Industry the...
- Posted December 11, 2012
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House of Reps Saddened at the State of Nigerian Roads
The deplorable state of Nigerian Roads has caught the attention of the members of the House of Representatives of the Federal Republic of Nigeria. This comes weeks after various reports from the Media have revealed that there...
- Posted December 11, 2012
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$7.9b loan: Senate Warns States over Careless Borrowing
The Senate has warned state governments against careless borrowing, saying it would not agree to every demand. Chairman, Senate Committee on Local and Foreign Loans, Senator Ehigie Uzamere sounded the warning during a meeting set for the...
- Posted December 11, 2012