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All posts tagged "head"

  • Oil Marketer Drags Reps, EFCC to Court Over Subsidy Report

    Integrated Oil and Gas, one of the oil marketing companies indicted in the fuel subsidy report has dragged several government bodies including the Economic and Financial Crimes Commission (EFCC) and House of representatives to court. The company...

    • Posted June 25, 2012
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  • Air Nigeria, Others Accused of Diverting N 300 billion Aviation Intervention Fund

    The National Assembly Joint Committee investigating the Dana Air crash has accused Airline operators of the country of diverting the N 300 billion Aviation Intervention Fund made available to the sector by the Central Bank of Nigeria...

    • Posted June 22, 2012
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  • FG to Realize N 200 billion from Sale of Power Assets

    The Federal Government expects to earn N 200 billion from the privatization of the power sector even as the successor companies take up assets formerly belonging to the Power Holding Company of Nigeria (PHCN). The Director-General of...

    • Posted June 21, 2012
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  • MTN, Airtel, Glo pay NCC fine

    There were strong indications yesterday that telecoms giants – MTN, Globacom and Airtel- may have paid the fines imposed on them by the Nigerian Communications Commission (NCC) for not meeting the quality of service Key Performance Indicators (KPIs)...

    • Posted June 20, 2012
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  • Revenue Service arrests Air Nigeria MD over N 4.86 billion in Back Taxes

    The Federal Inland Revenue Service (FIRS) has arrested the Managing Director of Air Nigeria, Kinfe Kayssa,y for failure of the company to remit Value Added Tax (VAT) and Withholding Tax (WHT) amounting to N 4.86 billion payable...

    • Posted June 19, 2012
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  • Dangote Reinstated as President of the Nigerian Stock Exchange

    Alhaji Aliko Dangote has been reinstated as the President of the Nigerian Stock Exchange following a ruling by the Court of Appeal sitting in Lagos last Friday. Shareholders of Forte Oil (formerly AFrican Petroleum) had petitioned the...

    • Posted June 18, 2012
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  • N 1 trillion Spent on Recurrent Expenditure in First Half 2012 , Mostly on Subsidy Payments

    The accountant general, John Otunla, disclosed to journalists yesterday that of the N 1.44 trillion in government expenditure in the first six months, N 1.04 trillion was on recurrent expenditure. He also stated that the majority of...

    • Posted June 15, 2012
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