All posts tagged "headline"

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  NECA opposes CPC’s regulatory role

  The Nigeria Employers’ Consultative Association has expressed its displeasure over the regulatory role of the Consumer Protection Council, saying the recent activities of the council are functions already being performed by other government agencies. The representative of...

  • Posted September 19, 2015
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  NEITI wants increased penalties for errant oil firms

  The Nigeria Extractive Industries Transparency Initiative on Thursday called for an amendment to its law so as to allow it to double civil monetary penalties on mining, oil and gas companies that provide false information regarding volumes...

  • Posted September 19, 2015
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  Ondo distributes N20m soft loans to traders

  The Ondo State Government says it has distributed a sum of N20m soft loans to traders in the state through its micro-credit scheme in a bid to improve the economy of the people at the grassroots. The...

  • Posted September 19, 2015
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  Onshore oil taxation too high – Alakija

  Nigeria’s 85 per cent tax on onshore crude oil production is dissuading local investors from taking over assets from international oil companies, said Folorunso Alakija, an energy tycoon and the nation’s richest woman. Famfa Oil Limited, founded...

  • Posted September 19, 2015
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  Ikpeazu moves to produce skilled youths to feed Aba factories

  Abia State Governor, Dr. Okezie Ikpeazu, Wednesday took a bold step to revive the technical vocational education in the state in order to produce school leavers that would possess the requisite skills to fit into the manpower...

  • Posted September 18, 2015
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  Nigeria’s Taylor resumes as Secretary General of CTO

  Following the appointment of Mr. Shola Taylor, a Nigerian, as the next Secretary General/Chief Executive of the 54-member nation Commonwealth Telecommunications Organisation (CTO), some months ago, the Nigerian-born technocrat resumed work this Thursday. Taylor’s appointment was announced...

  • Posted September 18, 2015
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  FGN Bonds remain safe, liquid – DMO

  The Federal Government of Nigeria Bonds remains safe and liquid despite the planned phasing out of the debt instrument by JPMorgan, the Debt Management Office has said. At a press conference in Abuja on Wednesday, the Director-General,...

  • Posted September 18, 2015
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  Bond Market remains attractive despite JPMorgan delisting

  The Director General of the Debt Management Office (DMO), Dr. Abraham Nwankwo, on Wednesday reassured Nigerians that the recent announcement by JPMorgan Chase & Co. to phase out Federal Government of Nigeria (FGN) Bonds from its Government...

  • Posted September 18, 2015
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  ExxonMobil begins crude oil production in Erha North Phase 2

  United States oil giant, ExxonMobil Corporation, Wednesday announced that its subsidiary, Esso Exploration and Production Nigeria Limited (EEPNL), has started oil production five months ahead of schedule at the Erha North Phase two project offshore Nigeria. The...

  • Posted September 18, 2015
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  Budget constraints affect power investment – FG

  The Permanent Secretary, Ministry of Power, Dr. Godknows Igali, has said that prior to privatisation, the growth of the country’s power sector was constrained by the budget, which did not make adequate provisions for power-related projects. He...

  • Posted September 18, 2015
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