All posts tagged "featured"
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Export Projects: NEXIM disburses N85 billion
The Nigerian Export Import Bank, NEXIM disbursed over N85 billion to support 900 export projects in the real sector. This development was disclosed by the Managing Director and Chief Executive Officer of the bank, Mr. Roberts...
- Posted October 25, 2012
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EFCC Moves to tackle Money laundering and Terrorist Financing
In a bid to tackle corruption and insecurity in the country, the Executive Chairman, Economic, and Financial Crimes Commission (EFCC), Ibrahim Lamorde has called for a strong political resolve to deal with money laundering and terrorist financing....
- Posted October 25, 2012
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Benin Disco: Southern Consortium Accuses BPE of Rigging, Denies Breaching Privatization Rules
One of the competitors for the Benin Electricity Distribution Company (BEDC) , the Southern Electricity Distribution Company (SEDC) has denied claims that it violated the investment schedule guidelines for the Request for Proposals (RFPs) provided by the...
- Posted October 25, 2012
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Women Empowerment: CBN to Launch N220bn MSME Fund
The Central Bank of Nigeria (CBN) Governor, Mallam Sanusi Lamido Sanusi, revealed that everything was set for the launching of a N220 billion-Micro Small and Medium Enterprises Development Fund (MSMEDF) before the year runs out. Sanusi said,...
- Posted October 25, 2012
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Ribadu Report Exposes Crass Corruption in Petroleum Ministry, Diezani Reacts
When the petroleum minister, Diezani Alison-Madueke set up the Nuhu Ribadu led Petroleum Revenue Special Task Force, she had no idea she would emerge as one of the culprits serially indicted in his committee’s findings. The Minister...
- Posted October 25, 2012
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Airtel crosses 60 million active customer mark in Africa
NAIROBI, Kenya, October 24, 2012/ — Bharti Airtel (“Airtel”), a leading telecommunications services provider with operations in 20 countries across Asia and Africa, today celebrated its 60 millionth customer in Africa. Airtel, which recently moved up one notch in global...
- Posted October 24, 2012
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Oando Announces Additional Production at Ebendo
Oando Energy has announced that the Ebendo – 4 well, in which OER has a 42.75% working interest has been brought on production at 2,000 bopd (855 bopd net to OER). “Bringing the EB-4 well on...
- Posted October 24, 2012
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Customers Accuse FG of Neglect and Deceit as High Electricity Tariff Bites
The Federal Government was accused of neglect and deception by Electricity Customers following its failure to uphold its promise to protect Nigerians from paying increased electricity tariff following a tariff review. The customers expressed their...
- Posted October 24, 2012
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Court Sanctions the Merger of FCMB and FinBank
The Federal High Court of Nigeria on Monday officially approved the union of First City Monument Bank Plc (FCMB) and FinBank. The endorsement, according to a report on Tuesday, paves way for the two banks to...
- Posted October 24, 2012
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SSS blame Arik Aircraft’s Incident on Mentally Unstable Man
The Department of State Security Services (DSS) said yesterday’s incident on an Arik Air flight from Maiduguri to Abuja was caused by a mentally unsteady man whose “condition was triggered off” by turbulence. Marilyn Ogar, DSS’...
- Posted October 24, 2012