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All posts tagged "headline"

  • PENGASSAN protests as SAPETRO fires workers

    South Atlantic Petroleum, an indigenous oil and gas exploration and production company, has sacked 10 of its workers who were assigned to work on the Sèmè oilfield, offshore the Republic of Benin. The re-development of the field...

    • Posted September 16, 2015
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  • Transport ministry reviews recruitment at NIMASA

    The Federal Ministry of Transport has begun a review of recruitment, placements and promotions embarked upon by the Nigerian Maritime Administration and Safety Agency since 2010. A statement by NIMASA’s Head of Public Relations, Hajia Lami Tumaka,...

    • Posted September 16, 2015
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  • Tax remittance will increase within one week – FG

    The number of taxpayers across the country will increase within the next one week, the Federal Government has said. According to the government, the requisite measures needed to actualise this feat have been made possible in partnership...

    • Posted September 16, 2015
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  • NSE’s zero tolerance for market infractions yields more results

    The  Nigerian Stock Exchange (NSE)’s zero tolerance  for infractions in the stock market has begun to yield more  positive results  as it has recorded 100 per cent compliance rate by Dealing Members. According to the NSE, the...

    • Posted September 15, 2015
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  • NIBSS, Telcos collaborate on BVN registration

    The Nigeria Interbank Settlement System (NIBSS) said it has gone into a partnership with Nigeria’s major telecommunication firms to enhance the bank verification number (BVN) registration. The partnership allows bank customers that had enrolled for the BVN...

    • Posted September 15, 2015
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  • Interbank lending rate down as liquidity rises

    The nation’s interbank lending rates fell 75 basis points to an average of 6.50 per cent on Friday from 8.25 per cent the previous week, as cash built up in the banking system, Reuters reported. Traders said...

    • Posted September 15, 2015
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  • NNPC to invite firms to tender for crude delivery contract

    A few weeks after the Nigerian National Petroleum Corporation (NNPC) cancelled the crude oil delivery contract for its refineries with Ocean Marine Transport (OMT) citing exorbitant costs and inappropriate process of engagement, it intends to retender the...

    • Posted September 15, 2015
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  • International air passenger traffic declines by 27.93% in Q2

    Total international air passenger traffic dropped by 27.93 per cent or as much as 406,369 passengers in the second quarter of the year (Q2 2015) compared to the preceding quarter, according to the National Bureau of Statistics...

    • Posted September 15, 2015
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  • Inflation rises to 9.3% – NBS

    The nation’s Consumer Price Index which measures inflation rose again in August to 9.3 per cent, an increase of 0.1 per cent over the July figure, and staying above the Central Bank of Nigeria’s target upper limit,...

    • Posted September 15, 2015
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  • Bad fuel: NCAA begins registration of oil marketers

    The Nigerian Civil Aviation Authority says it is set to commence the official registration of all aviation fuel marketers in the country. This follows the agency’s recent investigation into allegation of adulterated fuel supplied by oil marketers...

    • Posted September 15, 2015
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