All posts tagged "headline"
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Reduce $38 oil benchmark – TUC tells FG
The Trade Union Congress of Nigeria, Rivers State Council, has highlighted the need for the Federal Government to review downward the $38 per barrel proposed as the benchmark crude oil price for the 2016 budget. The Chairman,...
- Posted December 31, 2015
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Nigeria targets N138bn annual income from cashew export
The country is targeting an annual income of over $700m (N138bn) from the export of cashew nuts by the year 2020. The National President, National Cashew Association of Nigeria, Mr. Tola Faseru, who disclosed the figure at...
- Posted December 31, 2015
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NNPC selling crude oil without export certificate – NACCIMA
The Nigerian National Petroleum Corporation has been exporting the country’s crude oil without an export certificate of origin issued by the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture, the body has said. According to...
- Posted December 31, 2015
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Nigeria, others need to boost refining capacity – OPEC
The Organisation of Petroleum Exporting Countries has highlighted the need for more refining facilities in Nigeria and other African countries to meet their growing demand for petroleum products. OPEC, in its 2015 World Oil Outlook, said the...
- Posted December 31, 2015
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Bear run opens investment opportunities in stocks
The bear run that has hit the nation’s stock market has opened up investment opportunities in the banking, conglomerate, consumer goods and other sectors of the market, THISDAY checks have revealed. The low crude oil prices, weakening...
- Posted December 31, 2015
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Nigeria’s external reserves fall by 15% to $29.342bn in 2015
Nigeria’s external reserves has so far depreciated by 15 per cent this year at its current value of $29.342 billion, compared with the $34.493 billion it was at the beginning of the year (January 5, 2015). This,...
- Posted December 31, 2015
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FG approves new petrol prices: NNPC to sell at N86/litre, marketers N86.50k
The federal government, through the Petroleum Products Pricing Regulatory Agency (PPPRA), on Tuesday approved new pump prices of petrol starting from January 1 to March 31, 2016 under a revised pricing template. Under the new pricing template,...
- Posted December 31, 2015
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Stock Market investors count losses
As stakeholders in the nation’s stock market looks forward to the formal closing of trade tomorrow, many of them are highly disappointed that they are ending the year with losses. When the market opened for trading in...
- Posted December 31, 2015
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ENI’s force majeure will only impact LNG production in short term – NLNG
The Nigeria Liquefied Natural Gas (NLNG) Limited has stated that the recent force majeure declared by the Nigeria Agip Oil Company (NAOC), the Nigerian subsidiary of ENI, on gas supply from its Obiafu-Obrikom (OB/OB) gas plant to...
- Posted December 30, 2015
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Farmers want FG to tackle poultry products’ smuggling
Poultry and Livestock Farmers Association of Nigeria (POLFAN), Lagos Chapter, has called on the Comptroller-General of Customs, Col. Hameed Alli (rtd.) and all relevant security agencies to tackle smugglers of contraband poultry products, who they alleged, are...
- Posted December 30, 2015