All posts tagged "featured"

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  FG recalls two sacked NCAA directors

  The federal government has recalled two out of the nine directors who were sacked from the Nigerian Civil Aviation Authority (NCAA) on Friday. The duo are Adamu Abdullahi, Director of Consumer Protection, and Ayodele Sasegbon, Director of...

  • Posted February 27, 2017
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  FG appoints directors, GM for FAAN

  The Federal Government has appointed three new directors and a General Manager for the Federal Airports Authority of Nigeria (FAAN). The directors, according to a statement from the Acting General Manager, Corporate Affairs, Mrs. Henrietta Yakubu, are...

  • Posted February 26, 2017
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  Firm commences construction of $552m power plant

  The ARM-Harith Infrastructure Fund, (ARMHIF), has commenced the construction of the $552 million Amandi Energy Power Plant,  a 200 megawatt  combined cycle, dual-fuel power project in Aboadze, Ghana. In a statement made available by the project company...

  • Posted February 26, 2017
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  Lawal appointed as GTBank ED

  The Board of Directors of Guaranty Trust Bank plc, has announced the appointment of Mobolaji Lawal as an Executive Director of the Bank. Prior to his appointment, he was the Divisional Head, Digital Banking Division. Lawal joined...

  • Posted February 25, 2017
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  Nigeria produced oil at $27/b in 2016 – NNPC

  The cost incurred to produce a barrel of crude oil in Nigeria has declined to $27 per barrel as at year end 2016, from more than $70 per barrel in 2014. The Nigerian National Petroleum Corporation (NNPC)...

  • Posted February 25, 2017
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  FG declares 2017 budget ‘padding-free’

  A presidential directive to deduct outstanding electricity bill of the military and para-military from their 2017 budgets has been issued, the Director General, Budget Office of the Federation,  Ben Akabueze, has said. Speaking yesterday while briefing journalists...

  • Posted February 25, 2017
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  Emirates appoints new manager for Nigerian, West African operations

  Dubai, United Arab Emirates (UAE) based carrier, Emirates, has appointed Afzal Parambil, as its Regional Manager for West Africa. Prior to taking up his new appointment, Mr Parambil served in a number of commercial roles within Emirates,...

  • Posted February 25, 2017
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  Why FG shifted from domestic to foreign loans — Adeosun

  The current debt structure that heavily borrows domestically does not support long term growth ambitions of the federal government and so it must be amended, the Minister of Finance, Kemi Adeosun has said. Speaking on Thursday at...

  • Posted February 24, 2017
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  MTN vows to invest more in Nigeria

  Despite struggling to pay the N330billion fine imposed on it by Nigeria’s telecom regulator, the MTN Group has expressed faith in the country’s economy, promising to put in more investments this year and years ahead. The South...

  • Posted February 24, 2017
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  FG to tap private capital, boost spending on infrastructure

  The Federal Government aims to increase the proportion of government spending devoted to infrastructure to 30 percent from 10 percent and to mobilise private capital for additional funding, Finance Minister Kemi Adeosun said on Thursday. The government...

  • Posted February 24, 2017
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