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All posts tagged "headline"

  • waheed-olagunju-1
    BOI embarks on N1trillion fund mobilisation for FG’s recovery plan

    The Bank of Industry has embarked on N1 trillion fund mobilisation drive to finance the industrial component of the federal government’s economic recovery and growth plan (ERGP). Speaking at the Bank’s Annual General Meeting held in Abuja...

    • Posted May 15, 2017
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  • Telecomms towers
    Why Nigeria should invest more in ICT – Minister, NCC boss

    The Minister of Foreign Affairs, Mr Geoffrey Onyeama, has urged private sectors in Nigeria to invest in information and communication technology to bridge infrastructure deficit in the sector. Speaking on the Transform Africa Summit, 2017, in Kigali,...

    • Posted May 15, 2017
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  • senate
    How National Assembly will spend its N125bn budget

    Legislators passed the 2017 budget yesterday and raised their vote from N115 billion to N125 billion. The legislators, for the first time in many years, revealed details of their budget following sustained public pressure. Senators and members...

    • Posted May 13, 2017
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  • Ibe-Kachikwu-1904
    Oil sector locked down by few interest groups – Kachikwu

    Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has said that the country’s oil and gas sector has been held down by a few interest groups for so long. The minister, however, promised that his ministry...

    • Posted May 13, 2017
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  • power plant
    Privatisation: FG gets $5.6bn offer for 10 NIPP plants

    The Managing Director, Niger Delta Power Holding Company (NDPHC), Mr Chiedu Ugbo, has said that a $5.6 billion (about N1.76 trillion) sales offer has been made for the 10 National Integrated Power Plants (NIPP) plants built with...

    • Posted May 12, 2017
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  • 310316N.Union-Bank
    Shareholders approve Union Bank’s plan to raise N50billion in Tier 1 capital

    Shareholders at the 48th Annual General Meeting  of Union Bank Plc has concluded plan to raise about N50 billion in Tier 1 capital via rights issue in the second quarter of 2017. The plan, according to them,...

    • Posted May 12, 2017
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  • Osinbajo_224556343
    FEC approves creation of trade negotiation office

    The Federal Executive Council on Wednesday approved a memo for the establishment of Nigerian office for trade negotiations. The Minister of Industry, Trade and Investment, Okechukwu Enalemah, later told State House reporters that the office would help...

    • Posted May 12, 2017
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  • Google logo 393
    Google wants Nigeria to simplify taxes

    Nigeria’s government should simplify taxes and reduce fees involved in laying fibre optic cables to encourage development of infrastructure for the technology industry, Google’s manager in the West African country said on Tuesday. Juliet Ehimuan-Chiazor told Reuters...

    • Posted May 11, 2017
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  • Reps_205305210
    Reps begin probe of insurance covers for agencies

    A House of Representatives ad-hoc panel has commenced probe of insurance covers of some agencies that have questionable claims in their budgets. The agencies include the Nigeria Immigration Service (NIS),  the Nigeria Security and Civil Defence Corps...

    • Posted May 11, 2017
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  • NEPZA logo
    FG directs NEPZA to make Calabar FTZ a pilot industrial city

    President Muhammadu Buhari has asked the Nigeria Export Processing Zone Authority (NEPZA) to make Calabar Free Trade Zone a pilot industrial city in the country, the new managing director Emmanuel Jime announced this in Calabar, capital of...

    • Posted May 11, 2017
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