All posts tagged "head"

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  Dangote & Business Elite Support CBN Policy, Envision N10,000 Note

  The Currency Restructuring Project of the Federal Government has found allies in the person of Aliko Dangote and other Nigerian business elite. Speaking on the N5,000 note, Alhaji Dangote said, “People are saying that Central Bank is...

  • Posted September 5, 2012
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  FAAC distributes N520.9 billion to FG, States, LGAs

  The Federal Accounts Allocation Committee has disclosed that it distributed N520.917 billion to the three tiers of government in July. The meeting chaired by Minister of State for Finance, Alhaji Yerima Lawal Ngama shared the funds in...

  • Posted September 4, 2012
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  Expect Power Supply to Get Even Better – Presidency

  President Goodluck Jonathan has stated that the improvement in the quantum of power supply would not only be sustained but also improved. The President made the statement to reassure Nigerians and international investors after the ouster of...

  • Posted September 3, 2012
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  Beer Sales Surge despite Church and Mosque

  Beer sales in Africa are surging because of economic and population growth, a trend rubbing against the grain of another demographic factor defining the region: intense religiosity. By almost any measure, Africa is an exceptionally devout place...

  • Posted September 2, 2012
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  President Jonathan Designates Anambra Oil Producing State

  President Jonathan has designated Anambra to be an oil producing state. He made the designation yesterday during a working visit to the state. The President was in the South-Eastern state to inaugurate the Anambra River Production Facility in...

  • Posted August 31, 2012
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  Boko Haram’s Victimiation of SSS Goes Hi-Tech

  Like a plot from a Bond or Mission Impossible movie,  Boko Haram agents publicly posted online State Security Service’s (SSS) agents information online for several days, according to an exclusive AP report. The Associate Press said it learned,...

  • Posted August 30, 2012
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  I Resigned Due to Allegations of Impropriety – Barth Nnaji Speaks

  The following is the entire content of the Press Release by Former minister of Power sent to BusinessNews this afternoon. Prof. Bart O. Nnaji has expressed heartfelt gratitude to President Goodluck Jonathan and to millions of Nigerians...

  • Posted August 29, 2012
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  Controversies Bedevil Barth Nnaji As He Throws in Towel

  The President of the Federal Republic of Nigeria accepted today the resignation of Barth Nnaji, the hitherto Minister of Power. The resignation is reportedly connected to the revelations first premiered by Business Day which linked the former...

  • Posted August 28, 2012
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  Senate Calls Sanusi to Order Over N5,000 Note Project

  In a remarkable pro-people move, the Nigerian Senate has ordered the Governor of the Central Bank, Mallam Lamido Sanusi, to suspend all plans to launch the N5,000 bank note. The Chairman of the Senate Committee on Banking,...

  • Posted August 28, 2012
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  FG Clarifies Negotiations With Boko Haram

  The Federal Government has come out to clarify its statement on its discussions with terrorist sect, Boko Haram. The need for clarification arose when Boko Haram spokesman Abu Qaqa vehemently denied that it was in any form...

  • Posted August 27, 2012
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