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All posts tagged "head"

  • N20, N10 and N5 to be produced in coins, new N5000 notes into circulation early next year – Sanusi

    The Central Bank of Nigeria yesterday said N20 N10, and N5 will be produced in coins along with the existing coins of N50k, N1 and N2 by early next year as part of a comprehensive currency...

    • Posted August 26, 2012
    • 6
  • N5,000 Note to Become Legal Tender in 2013

    The Central Bank of Nigeria will introduce a N5,000 banknote into the country’s monetary system as early as the first quarter of next year. Also the CBN disclosed that it will transform the N5, N10 and N20...

    • Posted August 24, 2012
    • 3
  • NNPC Awards Niger Delta Militants Billions in Security Contracts

    The Nigerian National Petroleum Corporation (NNPC) pays Niger Delta militants billions of Naira in security contracts according to senior officials of the apex oil body. The revelation first published in yesterday’s Wall Street Journal reveals that the...

    • Posted August 23, 2012
    • 1
  • Looming Strikes: FG to Meet PHCN, NUPENG for Final Talks Today

    The Minister of Labour is scheduled to meet with union leaders representing PHCN employees and National Union of Petroleum and Natural Gas Workers (NUPENG) today. The Unions are threatening to embark on an industrial action following disagreements...

    • Posted August 22, 2012
    • 0
  • President Jonathan to Strip ex-Convicts of National Honours Awards

    President Jonathan has begun steps to strip ex-convicts of the National Honours they were bestowed with before the commission of their crimes. The move comes after several opposition figures, anti-corruption organizations and even the House of Representatives...

    • Posted August 21, 2012
    • 3
  • Prosecute Subsidy Thieves, Don’t Pay their Claims – Labour Tells FG

    Labour Unions in the country have called on the Federal Government to prosecute the suspects involved in the subsidy scam without further delay. The Acting General Secretary of the National Labour Congress (NLC) said the subsidy investigations...

    • Posted August 20, 2012
    • 0
  • FG Reads Riot Act to Fuel Marketers

    The Ministry of Finance released a statement calling the fuel marketers to order even as the Presidency has indicted more manipulators of the petrol subsidy system. The statement released by Ngoi Okonjo-Iweala’s office names MRS, Capital Oil...

    • Posted August 19, 2012
    • 0
  • FG Offers PHCN Workers N144 billion As Severance Pay, Union Demands N443 billion

    In order to resolve all labour issue relating to the Power Privatization scheme of the Federal Government, the Ministry of Power, Barth Nnaji has said that the Federal Government is ready to pay N144 billion as severance...

    • Posted August 17, 2012
    • 0
  • PHCN Workers Call of Strike as Blackouts Persist

    Staff of the Power Holding Company of Nigeria (PHCN) have called off their strike which began about one week ago. The decision came after talks between the Power Ministry and Labour Unions took place at the Ministry...

    • Posted August 16, 2012
    • 3
  • Blackouts Persist as Striking PHCN Workers Sabotage Electricity

    Residents across the country are dealing with chronic power outages due to the ongoing strike by PHCN officials. This is despite an announcement from the Ministry of Power, indicating that the power generation in the country had...

    • Posted August 15, 2012
    • 1