All posts tagged "headline"
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Nigeria spends N1tn on food imports annually – FG
The country spends N1tn every year to import rice, sugar, wheat and fish, translating to over N10tn from 2005 till now, the Federal Government has said. The Permanent Secretary, Federal Ministry of Agriculture and Rural Development, Mr....
- Posted July 24, 2015
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Anambra supports E-PPAN, CBN on e-Government Summit
Anambra State government has given its support for the e-government summit being organised by the E-Payment Providers Association of Nigeria (E-PPAN), in collaboration with the Central Bank of Nigeria (CBN) and the Financial Systems Strategy (FSS) 2020....
- Posted July 24, 2015
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Unclaimed dividends to reduce as SEC, CBN collaborate on e-Dividend payment
The Securities and Exchange Commission (SEC), the Central Bank of Nigeria (CBN) and other stakeholders in the financial system are collaborating to facilitate the electronic dividend (e-dividend) payment for shareholders. E-dividend, which is the direct payment of...
- Posted July 23, 2015
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Lafarge’s 220mw power plant begins operations October
Lafarge Africa Plc has said its newly constructed 220 megawatts power plant at Ewekoro, Ogun State will commence operation in October. The News Agency of Nigeria (NAN) quoted the CEO, Lafarge Nigeria, Mr. Guillaume Roux, to have...
- Posted July 23, 2015
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Buhari promises improved privatisation process, visa issuance
President Muhammadu Buhari on Tuesday assured international investors that his administration would continue the major privatisation programme started by previous governments but with “improved moral architecture.” He also promised to ensure that the process of procuring Nigerian...
- Posted July 23, 2015
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Benue Government presents N12bn supplementary budget
Governor Samuel Ortom of Benue State has presented a supplementary budget of over N12billion to the Benue State House of Assembly for consideration and possible passage. The governor, who was represented by the Permanent Secretary, Ministry of...
- Posted July 23, 2015
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Work to commence soon on $1.5bn Petrochemical Plant in Akwa Ibom
Akwa Ibom State Governor, Udom Emmanuel, has said work would soon commence on the $1.5 billion petrochemical plant located in Ibeno. While speaking with journalists over the weekend, Emmanuel said the plant which groundbreaking was performed by...
- Posted July 23, 2015
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Oando, 27 others lift NSE index by 0.92%
The Nigerian Stock Exchange All-Share Index began the week on a positive note, extending the gains recorded at the close of trading last week after 11 consecutive days of losses. Trading resumed on Tuesday on the floor...
- Posted July 23, 2015
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NNPC, marketers trade blame over product diversion
As the scarcity of petrol persists across the country, marketers of the commodity have denied allegation of product diversion levelled against them by the Nigerian National Petroleum Corporation. This is coming as the Pipelines and Products Marketing...
- Posted July 23, 2015
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NERC seeks court’s nod to raise electricity tariff
A Federal High Court in Lagos has adjourned till July 23, 2015 to rule on an application seeking the reversal of a recent order, which restrained the Nigerian Electricity Regulatory Commission from raising electricity tariff. Justice Mohammed...
- Posted July 23, 2015