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All posts tagged "featured"

  • Economy performed better than expected in 2016 – Presidency

    The Presidency says though the nation is still in the early stages of recovery,the economy, overall, performed better than expected in 2016. The Special Adviser to the President on Economic Matters, Adeyemi Dipeolu, stated this on Tuesday...

    • Posted March 1, 2017
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  • NASS to pass petroleum bill in March

    Sen. Donald Alasoadura, Chairman Senate Committee on Petroleum Resources (Upstream), has assured that the Petroleum Industry Governance Bill will be passed latest in March. Alasoadura said this on Tuesday in Abuja at a plenary to discuss new...

    • Posted March 1, 2017
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  • Naira further regains strength at N425 to a dollar in parallel market

    The naira continued to regain strength and appreciate in value in the parallel market on Tuesday as it was sold for N425 to a dollar. However, it was N450 to a dollar at the close of transactions...

    • Posted March 1, 2017
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  • Oil output rises to 2.1 million barrels per day – NNPC

    Nigeria’s oil production has risen to 2.1 million barrels a day, the managing director of state oil firm NNPC said on Tuesday, without giving an explanation for the increase. “We are hoping that by the end of...

    • Posted March 1, 2017
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  • FG to hire 350,000 more unemployed graduates

    The federal government has announced plans to hire 350,000 more unemployed graduates under the N-Power Volunteer Corps. The Senior Special Assistant on Media and Publicity to the Acting President, Mr. Laolu Akande, said President Muhammadu Buhari has...

    • Posted February 28, 2017
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  • AMCON scales down Arik’s operations

    Following its take over of Arik Air over two weeks ago, the Asset Management Corporation of Nigeria (AMCON) has scaled down the flight operations of Nigeria’s premier carrier to less than 30 per cent of the its...

    • Posted February 28, 2017
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  • Ministry, CPC to save consumers from telecoms abuses

    The Minister of Communications Technology, Barrister Adebayo Shittu, has said that his ministry and the Consumer Protection Council (CPC) need to collaborate to save Nigerians from consumer abuses in the telecom sector. The minister made the call...

    • Posted February 28, 2017
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  • FX scarcity: 40% of domestic aircraft on ground

    The volume of aircraft on ground (AOCs) has increased in recent times due to difficulty being faced by airlines in accessing foreign exchange, Daily Trust checks have shown. Findings show that more than 40 per cent of...

    • Posted February 28, 2017
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  • PIGB: FG proposes payments of NNPC’s dividends into SWF

    The Federal Government has proposed that some of the dividends from the operations of the Nigerian National Petroleum Corporation (NNPC) expected to be re-organised in line with the Petroleum Industry Governance Bill (PIGB) should be paid into...

    • Posted February 27, 2017
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  • DPR attributes scarcity of petrol in Akwa Ibom to strike by tanker drivers

    The Department of Petroleum Resources (DPR), Eket Field office, Akwa Ibom has attributed the scarcity of petrol in the state to the strike by tanker drivers. Mr Bassey Nkanga, the Controller of DPR in charge of Akwa...

    • Posted February 27, 2017
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