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All posts tagged "head"

  • FG Grants Fuel Import Allocations to Indicted Oil Marketers

    Not a few eyebrows have been raised over the fourth quarter fuel import allocation list soon to be released by the by the Petroleum Products Pricing Regulatory Agency (PPPRA). The agency which approves the list of oil marketers...

    • Posted October 10, 2012
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  • Nigeria and UK Target Bilateral Trade Volume of N2 Trillion by 2014

    The government of Nigeria and the United Kingdom have set their sights on achieving a bilateral trade volume of N2 trillion by 2014. The current trade volume between the two countries is N 1 trillion, meaning that...

    • Posted October 9, 2012
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  • Dangote Sets Another Trend For the Nigerian Elite to Follow

    Alhaji Aliko Dangote, Africa’s richest man, undoubtedly has many of his fellow billionaire friends and colleagues green with envy. He is one of the few Nigerians who can boast of having worked hard to accumulate his immense...

    • Posted October 8, 2012
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  • Foreign Investors Ready to Deploy N200 Billion For National Carrier Initiative

    The Ministry of Aviation is working towards setting up a new air national carrier and foreign investors have expressed interest to deploy N200 billion in equity funding to realize the project. The investors who are three foreign...

    • Posted October 7, 2012
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  • $1.1 billion Malabu Oil Probe stalled by Jonathan’s Cabinet

    The probing of the alleged shady transactions that involved the Federal Government, Shell/Agip and Malabu Oil and Gas Limited on OPL 245 by the House of Representatives is facing serious obstacles. The Ministers for Petroleum Resources and...

    • Posted October 6, 2012
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  • Nigerian-Brazil Bilateral Trade hits N1.5trn

    The Nigerian Brazilian Chamber of Commerce and Industry (NBCCI) disclosed that bilateral trading between Nigeria and Brazil reached a total of $9.6 billion (N1.5 trillion) in 2011.   The President of the chamber, Mr. Emmanuel Ibru while...

    • Posted October 5, 2012
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  • Sanusi Shuts Down Lawmakers Crude Benchmark Proposal, Advises on $75

    The Central Bank Governor, Mallam Lamido Sanusi, has faulted the proposal by federal lawmakers to hike the benchmark crude price from $75 to $82. Sanusi appeared before the House of Representatives Joint Committee on Finance and Legislative...

    • Posted October 4, 2012
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  • Reps Express Alarm over Nigeria’s $25 billion Projected Debt Profile

    Members of the House Committee on Legislative Budget and Research have expressed alarm at the present and projected levels of borrowing by Federal, State and Local governments. The level of borrowing was disclosed when the Director General of...

    • Posted October 3, 2012
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  • Jonathan May Present 2013 Budget within Two Weeks

    The Special Adviser to the President on National Assembly Matters, Senator Joy Emodi, has informed the media that the President may present the 2013 budget to the national Assembly within 2 weeks. The Presidential aide said the...

    • Posted October 2, 2012
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  • Femi Otedola Smiles to the Banks Again, Pays Off N141 billion AMCON Debt

    Controversial billionaire Femi Otedola can literally be said to be smiling to the bank as reports have shown he has paid off his N141 billion loan to the Asset Management Corporation of Nigeria (AMCON). Otedola and his...

    • Posted October 1, 2012
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