All posts tagged "featured"

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  Sell gas to us in naira – Textile makers beg FG

  Textile manufacturers in the country have appealed to the Federal Government to stop selling gas to local industries in dollars. According to them, the payment of the gas tariff in the United States dollar is counter-productive to...

  • Posted August 12, 2016
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  We’ve paid N700bn for road projects – FG

  The Federal Government has paid about N700bn out of the N2.1tn liabilities for the construction of 206 road projects across the country, the Minister of Power, Works and Housing, Babatunde Fashola, has said. Although the minister was...

  • Posted August 12, 2016
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  FG begins review of tax policy

  The Federal Government on Wednesday began the review of the National Tax Policy with the inauguration of a committee to carry out the exercise. The Minister of Finance, Mrs. Kemi Adeosun, who inaugurated the committee at the...

  • Posted August 12, 2016
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  NLNG subsidiary cuts workers’ salaries by 50%

  Seafarers in the employ of the Nigerian Liquefied Natural Gas Ship Management Limited, a subsidiary of the Nigeria LNG Limited, will from September 1 receive half of their current salaries. The decision is said to be in...

  • Posted August 12, 2016
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  Apapa, Tincan Customs generate N158.1bn

  The Apapa and Tincan commands of the Nigeria Customs Service have generated a total of N130.7bn in the last seven months. While the Apapa Command generated N27.4bn in June, its highest revenue since the start of the...

  • Posted August 12, 2016
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  NEPC targets $150bn forex reserves with new strategy

  The Nigerian Export Promotion Council said on Tuesday that the effective implementation of its new strategy on non-oil export would enable the country to increase its foreign exchange reserves to $150bn within the next 10 years. The...

  • Posted August 11, 2016
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  Consumers turn to charcoal as kerosene price rises

  Charcoals sellers in FCT are now smiling to banks due to recent increase in the price of Kerosene. The price of kerosene in the area has risen from N50 to N300 per litre. Some charcoal sellers in...

  • Posted August 11, 2016
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  Shell declares force majeure on gas supply to NLNG

  Shell Petroleum Development Company of Nigeria Ltd has declared force majeure on gas supply to the Nigeria LNG’s export facility on Bonny Island. Force majeure is a legal clause that allows companies to cancel or delay deliveries...

  • Posted August 11, 2016
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  Lagos pays N16.33bn to retirees in 12 months

  The Lagos State Government said it paid N16.33bn to 3,924 retirees as accrued pension rights through the Lagos State pension Commission from August 2015 to July this year. The Director-General, LASPEC, Mrs. Folashade Onanuga, disclosed this while...

  • Posted August 11, 2016
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  10 broking firms facilitate N414bn investment in equities

  Ten top stockbrokers facilitated the trading of 78.189 billion equities worth N414.11billion on the Nigerian bourse between January and July 2016, THISDAY investigation has revealed. The performance represents 58.3 per cent of the total transactions for the...

  • Posted August 11, 2016
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